2023 Q2 Form 20-F Financial Statement
#000121390023029574 Filed on April 13, 2023
Income Statement
Concept | 2023 Q2 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $2.860M | $365.7K | $1.099M |
YoY Change | 289.96% | 150.52% | 68.31% |
Cost Of Revenue | $2.730M | $120.6K | $231.1K |
YoY Change | 2370.81% | 62.11% | 63.54% |
Gross Profit | $130.0K | $245.1K | $868.0K |
YoY Change | -79.13% | 242.37% | 69.63% |
Gross Profit Margin | 4.55% | 67.03% | 78.98% |
Selling, General & Admin | $3.220M | $3.210M | $6.761M |
YoY Change | -9.31% | -31.98% | -3.35% |
% of Gross Profit | 2476.92% | 1309.51% | 778.83% |
Research & Development | $828.9K | ||
YoY Change | 11.34% | ||
% of Gross Profit | 95.49% | ||
Depreciation & Amortization | $20.00K | $27.41K | $66.43K |
YoY Change | -48.74% | 6.2% | 65.53% |
% of Gross Profit | 15.38% | 11.18% | 7.65% |
Operating Expenses | $3.220M | $3.210M | $6.761M |
YoY Change | -9.31% | -31.98% | -3.35% |
Operating Profit | -$3.090M | -$2.965M | -$5.893M |
YoY Change | 5.55% | -36.21% | -9.11% |
Interest Expense | -$11.37M | $203.0K | $240.9K |
YoY Change | -30147.57% | -1056.79% | -750.82% |
% of Operating Profit | |||
Other Income/Expense, Net | $10.00K | $3.790K | $247.2K |
YoY Change | 287.6% | -131.14% | 351.41% |
Pretax Income | -$14.44M | -$2.758M | -$5.645M |
YoY Change | 400.14% | -41.1% | -19.93% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$14.38M | -$2.758M | -$5.645M |
YoY Change | 398.06% | -41.1% | -19.93% |
Net Earnings / Revenue | -502.8% | -754.16% | -513.62% |
Basic Earnings Per Share | -$1.61 | ||
Diluted Earnings Per Share | -$0.46 | -$0.72 | -$1.61 |
COMMON SHARES | |||
Basic Shares Outstanding | 85.15M shares | 3.497M shares | |
Diluted Shares Outstanding | 3.497M shares |
Balance Sheet
Concept | 2023 Q2 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.300M | $3.825M | $3.825M |
YoY Change | -67.25% | -65.86% | -65.86% |
Cash & Equivalents | $2.000M | $3.825M | $3.825M |
Short-Term Investments | $300.0K | ||
Other Short-Term Assets | $1.900M | $395.4K | $190.0K |
YoY Change | 39.98% | 13.82% | -40.02% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $200.0K | ||
Other Receivables | |||
Total Short-Term Assets | $7.200M | $9.035M | $9.035M |
YoY Change | -34.23% | -34.76% | -34.76% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.100M | $184.4K | $1.240M |
YoY Change | -16.84% | -74.01% | 74.68% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $900.0K | $1.141M | $1.141M |
YoY Change | 450.22% | 3772.2% | 3772.2% |
Total Long-Term Assets | $114.1M | $2.380M | $2.380M |
YoY Change | 7576.99% | 222.06% | 222.06% |
TOTAL ASSETS | |||
Total Short-Term Assets | $7.200M | $9.035M | $9.035M |
Total Long-Term Assets | $114.1M | $2.380M | $2.380M |
Total Assets | $121.3M | $11.42M | $11.42M |
YoY Change | 875.59% | -21.74% | -21.74% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.100M | $395.4K | $125.6K |
YoY Change | 343.14% | 6.23% | |
Accrued Expenses | $2.100M | $125.6K | $925.6K |
YoY Change | 289.62% | -80.15% | -0.05% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $405.6K | ||
YoY Change | |||
Total Short-Term Liabilities | $5.500M | $1.174M | $1.174M |
YoY Change | 344.07% | 4.05% | 4.05% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $58.30M | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $600.0K | $857.2K | $857.2K |
YoY Change | -23.68% | 697.05% | 697.05% |
Total Long-Term Liabilities | $58.90M | $857.2K | $857.2K |
YoY Change | 7391.92% | 697.06% | 697.05% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $5.500M | $1.174M | $1.174M |
Total Long-Term Liabilities | $58.90M | $857.2K | $857.2K |
Total Liabilities | $79.60M | $2.031M | $2.031M |
YoY Change | 3831.41% | 64.36% | 64.36% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$22.25M | ||
YoY Change | 33.99% | ||
Common Stock | $51.45K | ||
YoY Change | 64.01% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $41.70M | $9.384M | $9.384M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $121.3M | $11.42M | $11.42M |
YoY Change | 875.59% | -21.74% | -21.74% |
Cashflow Statement
Concept | 2023 Q2 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$14.38M | -$2.758M | -$5.645M |
YoY Change | 398.06% | -41.1% | -19.93% |
Depreciation, Depletion And Amortization | $20.00K | $27.41K | $66.43K |
YoY Change | -48.74% | 6.2% | 65.53% |
Cash From Operating Activities | -$3.020M | -$1.437M | -$5.591M |
YoY Change | -27.29% | -46.07% | 36.47% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | -$2.250K | $3.792K |
YoY Change | -100.0% | -92.04% | -110.23% |
Acquisitions | $1.000M | ||
YoY Change | |||
Other Investing Activities | -$86.78M | -$3.540M | -$3.540M |
YoY Change | 38.5% | 38.5% | |
Cash From Investing Activities | -$86.78M | -$3.538M | -$3.544M |
YoY Change | 1436654.97% | 36.9% | 36.67% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $1.750M | ||
YoY Change | -89.48% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 88.00M | 1.750M | $1.750M |
YoY Change | -4.59% | -89.37% | |
NET CHANGE | |||
Cash From Operating Activities | -3.020M | -1.437M | -$5.591M |
Cash From Investing Activities | -86.78M | -3.538M | -$3.544M |
Cash From Financing Activities | 88.00M | 1.750M | $1.750M |
Net Change In Cash | -1.800M | -3.225M | -$7.381M |
YoY Change | -56.72% | -5.56% | -175.45% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$3.020M | -$1.437M | -$5.591M |
Capital Expenditures | $0.00 | -$2.250K | $3.792K |
Free Cash Flow | -$3.020M | -$1.435M | -$5.594M |
YoY Change | -27.18% | -45.57% | 37.81% |
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NetIncomeLoss
|
-7050755 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3181596 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
184885 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-45115 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-117687 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
5830261 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
7005640 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
3063909 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.61 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.88 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.56 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3497109 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2450447 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2038558 | shares |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4754712 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1005000 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3181596 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
117687 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2695803 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
1024361 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
16637200 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7050755 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
45115 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13351724 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
146137 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1716751 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5645376 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-184885 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
9384351 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5645376 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7050755 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3181596 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
66428 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
40130 | usd |
CY2020 | us-gaap |
Depreciation
Depreciation
|
54576 | usd |
CY2021 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
585333 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1024361 | usd |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1005000 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
100000 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
550000 | usd |
CY2020 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-46105 | usd |
CY2022 | mtc |
Noncash Lease Expense
NoncashLeaseExpense
|
367631 | usd |
CY2021 | mtc |
Noncash Lease Expense
NoncashLeaseExpense
|
353419 | usd |
CY2020 | mtc |
Noncash Lease Expense
NoncashLeaseExpense
|
337221 | usd |
CY2021 | us-gaap |
Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
|
4437 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
41548 | usd |
CY2022 | mtc |
Foreign Currency Transactions Gain Loss Before Tax
ForeignCurrencyTransactionsGainLossBeforeTax
|
-146501 | usd |
CY2021 | mtc |
Foreign Currency Transactions Gain Loss Before Tax
ForeignCurrencyTransactionsGainLossBeforeTax
|
38670 | usd |
CY2020 | mtc |
Foreign Currency Transactions Gain Loss Before Tax
ForeignCurrencyTransactionsGainLossBeforeTax
|
35464 | usd |
CY2022 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
88911 | usd |
CY2021 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-906 | usd |
CY2020 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-722 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-389518 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-393740 | usd |
CY2020 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-266637 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
104027 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
148466 | usd |
CY2020 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
30360 | usd |
CY2022 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
26596 | usd |
CY2021 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
-465843 | usd |
CY2020 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
-47042 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-33015 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
54782 | usd |
CY2020 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-206743 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-117004 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
121984 | usd |
CY2020 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-63966 | usd |
CY2022 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
108133 | usd |
CY2021 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
142758 | usd |
CY2020 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-49024 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
252159 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
273818 | usd |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-124137 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5590567 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4096506 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1982847 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3792 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
37068 | usd |
CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
18379 | usd |
CY2021 | mtc |
Collection Loan To Related Party
CollectionLoanToRelatedParty
|
93887 | usd |
CY2020 | mtc |
Collection Loan To Related Party
CollectionLoanToRelatedParty
|
79520 | usd |
CY2020 | mtc |
Collection Of Loan Employee
CollectionOfLoanEmployee
|
173974 | usd |
CY2022 | mtc |
Collection Of Loan To Third Parties
CollectionOfLoanToThirdParties
|
75000 | usd |
CY2020 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
306518 | usd |
CY2021 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
350000 | usd |
CY2020 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
873577 | usd |
CY2022 | us-gaap |
Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
|
2615313 | usd |
CY2021 | us-gaap |
Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
|
2300000 | usd |
CY2022 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1000000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3544105 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2593181 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-331944 | usd |
CY2020 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
41250 | usd |
CY2021 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
163301 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1750140 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
16637200 | usd |
CY2021 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
2339 | usd |
CY2020 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
4000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1750140 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
16471560 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
37250 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3789 | usd |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-1579 | usd |
CY2020 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
60946 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-7380743 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
9780294 | usd |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2216595 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
11206220 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1425926 | usd |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3642521 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3825477 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
11206220 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1425926 | usd |
CY2020 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
36000 | usd |
CY2020 | mtc |
Expense Paid By Related Parties On Behalf Of Company
ExpensePaidByRelatedPartiesOnBehalfOfCompany
|
4000 | usd |
CY2020 | mtc |
Acquisition Consideration Given Up By A Related Party
AcquisitionConsiderationGivenUpByARelatedParty
|
1000 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
|
350000 | usd |
CY2020 | us-gaap |
Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
|
92831 | usd |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
856987 | usd |
CY2020 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
32227 | usd |
CY2022 | mtc |
Operating Lease Rightofuse Assets Obtained In Exchange For Operating Lease Liabilities
OperatingLeaseRightofuseAssetsObtainedInExchangeForOperatingLeaseLiabilities
|
171885 | usd |
CY2021 | mtc |
Operating Lease Rightofuse Assets Obtained In Exchange For Operating Lease Liabilities
OperatingLeaseRightofuseAssetsObtainedInExchangeForOperatingLeaseLiabilities
|
170112 | usd |
CY2022 | us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
146137 | usd |
CY2018Q1 | mtc |
Equity Interest Percentage
EquityInterestPercentage
|
1 | pure |
CY2018Q1 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.751 | pure |
CY2018Q1 | mtc |
Ownership Percentage
OwnershipPercentage
|
0.327 | pure |
CY2019Q2 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.751 | pure |
CY2018Q1 | mtc |
Equity Interest Percentage
EquityInterestPercentage
|
1 | pure |
CY2020Q1 | mtc |
Outstanding Securitiesconsideration
OutstandingSecuritiesconsideration
|
1000 | usd |
CY2020Q1 | mtc |
Outstanding Securities Percentage
OutstandingSecuritiesPercentage
|
0.014 | pure |
CY2022 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; "><span><b>NOTE 2 – <span style="text-decoration:underline">BASIS OF PRESENTATION</span></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; ">The accompanying consolidated financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and with the rules and regulations of the U.S. Securities and Exchange Commission for financial information.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; ">The Company’s consolidated financial statements include the accounts of MMTEC and its subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation.</p> | |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b>Use of Estimates</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; ">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. Significant estimates during the years ended December 31, 2022, 2021 and 2020 include the allowance for doubtful accounts, impairment of long-term investment and valuation of deferred tax assets.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; "> </p> | |
CY2022Q4 | us-gaap |
Cash
Cash
|
1879950 | usd |
CY2021Q4 | us-gaap |
Cash
Cash
|
1252998 | usd |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Concentrations of Credit Risk</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><span>T</span>he Company has operations carried out in China. Accordingly, the Company’s business, financial condition and results of operations may be influenced by the political, economic and legal environment in China, and by the general state of China’s economy. The Company’s operations in China are subject to specific considerations and significant risks not typically associated with companies in North America. The Company’s results may be adversely affected by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p> | |
CY2022 | mtc |
Schedule Property Plant And Equipment Estimated Useful Lives
SchedulePropertyPlantAndEquipmentEstimatedUsefulLives
|
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Estimated useful life</b></span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 49%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Office equipment and furniture</span></td> <td style="width: 2%"> </td> <td style="width: 49%; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3 - 5 Years</span></td></tr> <tr style="vertical-align: bottom; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leasehold improvement</span></td> <td> </td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The lesser of remaining lease term or 2 - 3 Years</span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Software</span></td> <td> </td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1 - 3 Years</span></td></tr> <tr style="vertical-align: bottom; "> <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Finance lease right-of-use asset</span></td> <td> </td> <td style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4 Years</span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p> | |
CY2021 | us-gaap |
Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
|
P4Y | |
CY2021 | mtc |
Percentage Of Value Added Tax
PercentageOfValueAddedTax
|
0.06 | pure |
CY2022 | us-gaap |
Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
|
676049 | usd |
CY2022 | mtc |
Placement Agent Services
PlacementAgentServices
|
372677 | usd |
CY2022 | us-gaap |
Market Data Revenue
MarketDataRevenue
|
20619 | usd |
CY2021 | us-gaap |
Market Data Revenue
MarketDataRevenue
|
107184 | usd |
CY2020 | us-gaap |
Market Data Revenue
MarketDataRevenue
|
73524 | usd |
CY2020 | mtc |
Investor Relations Management Services
InvestorRelationsManagementServices
|
21113 | usd |
CY2021 | us-gaap |
Brokerage Commissions Revenue
BrokerageCommissionsRevenue
|
390569 | usd |
CY2020 | us-gaap |
Brokerage Commissions Revenue
BrokerageCommissionsRevenue
|
643145 | usd |
CY2022 | mtc |
Fund Management Fee
FundManagementFee
|
25782 | usd |
CY2021 | mtc |
Fund Management Fee
FundManagementFee
|
153494 | usd |
CY2022 | mtc |
Other Revenue
OtherRevenue
|
4006 | usd |
CY2021 | mtc |
Other Revenue
OtherRevenue
|
1789 | usd |
CY2020 | mtc |
Other Revenue
OtherRevenue
|
4343 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
1099133 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
653036 | usd |
CY2020 | us-gaap |
Revenues
Revenues
|
742125 | usd |
CY2022 | us-gaap |
Regulated Operating Revenue
RegulatedOperatingRevenue
|
1099133 | usd |
CY2021 | us-gaap |
Regulated Operating Revenue
RegulatedOperatingRevenue
|
653036 | usd |
CY2020 | us-gaap |
Regulated Operating Revenue
RegulatedOperatingRevenue
|
742125 | usd |
CY2021Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
123434 | usd |
CY2022 | mtc |
Deferred Revenue Recognized
DeferredRevenueRecognized
|
123434 | usd |
CY2022 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
828869 | usd |
CY2021 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
744422 | usd |
CY2020 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
410840 | usd |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
1007652 | usd |
CY2021 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
303079 | usd |
CY2020 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
244163 | usd |
CY2020Q4 | mtc |
Amount Received From Investment
AmountReceivedFromInvestment
|
306000 | usd |
CY2020Q4 | us-gaap |
Deposits With Other Federal Home Loan Banks
DepositsWithOtherFederalHomeLoanBanks
|
600000 | cny |
CY2020Q4 | us-gaap |
Deposits With Other Federal Home Loan Banks
DepositsWithOtherFederalHomeLoanBanks
|
93000 | usd |
CY2020 | mtc |
Effective Income Tax Rate Reconciliation Corporate Tax Rate
EffectiveIncomeTaxRateReconciliationCorporateTaxRate
|
0.21 | pure |
CY2022 | mtc |
Effective Income Tax Rate Reconciliation Valuation Allowance Recognized With Respect To Loss In Us Companies
EffectiveIncomeTaxRateReconciliationValuationAllowanceRecognizedWithRespectToLossInUsCompanies
|
-0.21 | pure |
CY2021 | mtc |
Effective Income Tax Rate Reconciliation Valuation Allowance Recognized With Respect To Loss In Us Companies
EffectiveIncomeTaxRateReconciliationValuationAllowanceRecognizedWithRespectToLossInUsCompanies
|
-0.21 | pure |
CY2020 | mtc |
Effective Income Tax Rate Reconciliation Valuation Allowance Recognized With Respect To Loss In Us Companies
EffectiveIncomeTaxRateReconciliationValuationAllowanceRecognizedWithRespectToLossInUsCompanies
|
-0.21 | pure |
CY2022 | us-gaap |
Foreign Currency Translation Adjustment Description
ForeignCurrencyTranslationAdjustmentDescription
|
The consolidated balance sheet amounts, with the exception of equity, as of December 31, 2022 and 2021, were translated at RMB 6.9646 to $1.00 and RMB 6.3757 to $1.00, respectively. Equity accounts were stated at their historical rates. The average translation rates applied to consolidated statements of operations and comprehensive loss and cash flows for the years ended December 31, 2022, 2021 and 2020 were RMB 6.7261, RMB 6.4515, and RMB 6.8976 to $1.00, respectively. | |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1024361 | usd |
CY2020 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1005000 | usd |
CY2021 | us-gaap |
Proceeds From Lease Payments
ProceedsFromLeasePayments
|
163301 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5645376 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-7050755 | usd |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3181596 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3497109 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2450447 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2038558 | shares |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.61 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.88 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.56 | |
CY2022 | us-gaap |
Fiscal Period
FiscalPeriod
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; "><b>Fiscal Year End</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; "> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; ">The Company has adopted a fiscal year end of December 31st.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b> </b></p> | |
CY2020Q1 | us-gaap |
Investments
Investments
|
5700000 | cny |
CY2020 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
usd | |
CY2021Q4 | mtc |
Agreed Loan
AgreedLoan
|
200000 | usd |
CY2022 | us-gaap |
Short Term Debt Interest Rate Increase
ShortTermDebtInterestRateIncrease
|
0.0385 | pure |
CY2021 | us-gaap |
Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
|
550000 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0435 | pure |
CY2022Q4 | us-gaap |
Interest And Fee Income Loans Other Consumer
InterestAndFeeIncomeLoansOtherConsumer
|
1300000 | usd |
CY2022Q4 | us-gaap |
Interest And Fee Income Loans Other Consumer
InterestAndFeeIncomeLoansOtherConsumer
|
250000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0435 | pure |
CY2022 | mtc |
Maturity Date
MaturityDate
|
December 2023 | |
CY2022 | us-gaap |
Interest And Fee Income Loans Other Consumer
InterestAndFeeIncomeLoansOtherConsumer
|
3650000 | usd |
CY2022Q1 | us-gaap |
Interest And Fee Income Loans Other Consumer
InterestAndFeeIncomeLoansOtherConsumer
|
100000 | usd |
CY2022 | mtc |
Bad Debts
BadDebts
|
100000 | usd |
CY2022Q3 | us-gaap |
Interest And Fee Income Loans Other Consumer
InterestAndFeeIncomeLoansOtherConsumer
|
120000 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0385 | pure |
CY2022 | mtc |
Repaid Amount
RepaidAmount
|
75000 | usd |
CY2022 | mtc |
Loan Amount
LoanAmount
|
45000 | usd |
CY2022Q3 | us-gaap |
Interest And Fee Income Loans Other Consumer
InterestAndFeeIncomeLoansOtherConsumer
|
100000 | usd |
CY2022Q3 | us-gaap |
Interest And Fee Income Loans Other Consumer
InterestAndFeeIncomeLoansOtherConsumer
|
1650000 | cny |
CY2022Q3 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0365 | pure |
CY2020Q1 | us-gaap |
Investments
Investments
|
817000 | usd |
CY2020Q1 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.35 | pure |
CY2020Q4 | mtc |
Investment Returned
InvestmentReturned
|
2600000 | cny |
CY2020Q4 | mtc |
Investment Returned
InvestmentReturned
|
399000 | usd |
CY2020Q4 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.19 | pure |
CY2020Q4 | mtc |
Amount Received From Investment
AmountReceivedFromInvestment
|
2000000 | cny |
CY2022Q4 | mtc |
Prepaid Professional Fees
PrepaidProfessionalFees
|
8927 | usd |
CY2021Q4 | mtc |
Prepaid Professional Fees
PrepaidProfessionalFees
|
111200 | usd |
CY2022Q4 | us-gaap |
Other Receivables
OtherReceivables
|
103204 | usd |
CY2021Q4 | us-gaap |
Other Receivables
OtherReceivables
|
30546 | usd |
CY2022Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
60074 | usd |
CY2021Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
103275 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
172205 | usd |
CY2021Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
245021 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
404387 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
437597 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
219964 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
170164 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
184423 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
267433 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
66428 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
40130 | usd |
CY2020 | us-gaap |
Depreciation
Depreciation
|
54576 | usd |
CY2022 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
103998 | usd |
CY2019Q3 | us-gaap |
Equity Method Investment Sold Carrying Amount
EquityMethodInvestmentSoldCarryingAmount
|
1000000 | cny |
CY2019Q3 | us-gaap |
Equity Method Investment Sold Carrying Amount
EquityMethodInvestmentSoldCarryingAmount
|
143000 | usd |
CY2019Q3 | mtc |
Long Term Debt Weighted Average Interest Rate At Point In Time
LongTermDebtWeightedAverageInterestRateAtPointInTime
|
0.049 | pure |
CY2020Q1 | us-gaap |
Equity Method Investment Sold Carrying Amount
EquityMethodInvestmentSoldCarryingAmount
|
5700000 | cny |
CY2020Q1 | us-gaap |
Equity Method Investment Sold Carrying Amount
EquityMethodInvestmentSoldCarryingAmount
|
817000 | usd |
CY2020Q1 | mtc |
Long Term Debt Weighted Average Interest Rate At Point In Time
LongTermDebtWeightedAverageInterestRateAtPointInTime
|
0.35 | pure |
CY2020Q4 | us-gaap |
Equity Method Investment Sold Carrying Amount
EquityMethodInvestmentSoldCarryingAmount
|
2600000 | cny |
CY2020Q4 | us-gaap |
Equity Method Investment Sold Carrying Amount
EquityMethodInvestmentSoldCarryingAmount
|
399000 | usd |
CY2020Q4 | mtc |
Long Term Debt Weighted Average Interest Rate At Point In Time
LongTermDebtWeightedAverageInterestRateAtPointInTime
|
0.19 | pure |
CY2020Q4 | us-gaap |
Equity Method Investment Sold Carrying Amount
EquityMethodInvestmentSoldCarryingAmount
|
2800000 | cny |
CY2020Q4 | us-gaap |
Equity Method Investment Sold Carrying Amount
EquityMethodInvestmentSoldCarryingAmount
|
425000 | usd |
CY2021 | mtc |
Impairment On Longterm Investments
ImpairmentOnLongtermInvestments
|
3776275 | cny |
CY2021 | mtc |
Impairment On Longterm Investments
ImpairmentOnLongtermInvestments
|
585000 | usd |
CY2022Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
121139 | usd |
CY2021Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
105186 | usd |
CY2022Q4 | us-gaap |
Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
|
25845 | usd |
CY2021Q4 | us-gaap |
Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
|
188215 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
125550 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
122818 | usd |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
78767 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
395352 | usd |
CY2021Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
372168 | usd |
CY2022 | mtc |
Effective Income Tax Rate Reconciliation Corporate Tax Rate
EffectiveIncomeTaxRateReconciliationCorporateTaxRate
|
0.21 | pure |
CY2021 | mtc |
Effective Income Tax Rate Reconciliation Corporate Tax Rate
EffectiveIncomeTaxRateReconciliationCorporateTaxRate
|
0.21 | pure |
CY2020Q2 | us-gaap |
Notes And Loans Payable
NotesAndLoansPayable
|
41250 | usd |
CY2020Q2 | us-gaap |
Short Term Debt Percentage Bearing Fixed Interest Rate
ShortTermDebtPercentageBearingFixedInterestRate
|
1 | pure |
CY2021Q1 | us-gaap |
Participating Mortgage Loans Participation Liabilities Amount
ParticipatingMortgageLoansParticipationLiabilitiesAmount
|
41250 | usd |
CY2021Q1 | us-gaap |
Line Of Credit Facility Periodic Payment Interest
LineOfCreditFacilityPeriodicPaymentInterest
|
298 | usd |
CY2020 | mtc |
Expenses Paid By Related Party
ExpensesPaidByRelatedParty
|
4000 | usd |
CY2022 | mtc |
Taxable Income Description
TaxableIncomeDescription
|
Subsidiaries in Hong Kong are subject to 16.5% income tax on their taxable income generated from operations in Hong Kong. The first HK$2 million of profits arising in or derived from Hong Kong are taxed at 8.25% and any assessable profits over HK$2 million are taxed at 16.5%. | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.165 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.165 | pure |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.165 | pure |
CY2022 | mtc |
Effective Income Tax Rate Operating Loss Carryforward Valuation Allowance
EffectiveIncomeTaxRateOperatingLossCarryforwardValuationAllowance
|
-0.165 | pure |
CY2021 | mtc |
Effective Income Tax Rate Operating Loss Carryforward Valuation Allowance
EffectiveIncomeTaxRateOperatingLossCarryforwardValuationAllowance
|
-0.165 | pure |
CY2020 | mtc |
Effective Income Tax Rate Operating Loss Carryforward Valuation Allowance
EffectiveIncomeTaxRateOperatingLossCarryforwardValuationAllowance
|
-0.165 | pure |
CY2022 | mtc |
Effective Income Tax Rate Reconciliation Statutory Income
EffectiveIncomeTaxRateReconciliationStatutoryIncome
|
0.25 | pure |
CY2021 | mtc |
Effective Income Tax Rate Reconciliation Statutory Income
EffectiveIncomeTaxRateReconciliationStatutoryIncome
|
0.25 | pure |
CY2020 | mtc |
Effective Income Tax Rate Reconciliation Statutory Income
EffectiveIncomeTaxRateReconciliationStatutoryIncome
|
0.25 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
-0.20 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
-0.20 | pure |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
-0.20 | pure |
CY2022 | mtc |
Effective Income Tax Rate Reconciliation Valuation Allowance Recognized With Respect To The Loss Prc Companies
EffectiveIncomeTaxRateReconciliationValuationAllowanceRecognizedWithRespectToTheLossPRCCompanies
|
-0.05 | pure |
CY2021 | mtc |
Effective Income Tax Rate Reconciliation Valuation Allowance Recognized With Respect To The Loss Prc Companies
EffectiveIncomeTaxRateReconciliationValuationAllowanceRecognizedWithRespectToTheLossPRCCompanies
|
-0.05 | pure |
CY2020 | mtc |
Effective Income Tax Rate Reconciliation Valuation Allowance Recognized With Respect To The Loss Prc Companies
EffectiveIncomeTaxRateReconciliationValuationAllowanceRecognizedWithRespectToTheLossPRCCompanies
|
-0.05 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2020 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
1194054 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
859455 | usd |
CY2020Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
645345 | usd |
CY2022Q4 | mtc |
Deferred Tax Assets Cutoff Adjustments
DeferredTaxAssetsCutoffAdjustments
|
44395 | usd |
CY2021Q4 | mtc |
Deferred Tax Assets Cutoff Adjustments
DeferredTaxAssetsCutoffAdjustments
|
47704 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
1238449 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
907159 | usd |
CY2020Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
645345 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1238449 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
907159 | usd |
CY2020Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
645345 | usd |
CY2022 | us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
15535022 | usd |
CY2022 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
331290 | usd |
CY2021 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
261814 | usd |
CY2020 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
118826 | usd |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
5000000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2021Q3 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
42620 | shares |
CY2021Q3 | mtc |
Treasury Stock Shares Cancelled
TreasuryStockSharesCancelled
|
319820 | shares |
CY2021Q4 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
53130 | shares |
CY2021Q4 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
29250 | shares |
CY2022Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q3 | us-gaap |
Equity Fair Value Adjustment
EquityFairValueAdjustment
|
146137 | usd |
CY2022Q4 | us-gaap |
Investment Owned Balance Shares
InvestmentOwnedBalanceShares
|
400000 | shares |
CY2022Q4 | us-gaap |
Share Price
SharePrice
|
0.59 | |
CY2022Q4 | us-gaap |
Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
|
236000 | usd |
CY2022Q4 | us-gaap |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1
|
400000 | shares |
CY2022Q4 | us-gaap |
Investment Owned Balance Shares
InvestmentOwnedBalanceShares
|
500000 | shares |
CY2022Q4 | us-gaap |
Share Price
SharePrice
|
0.515 | |
CY2022Q4 | us-gaap |
Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
|
257500 | usd |
CY2022Q4 | us-gaap |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1
|
500000 | shares |
CY2020Q1 | us-gaap |
Stock Issued During Period Shares Reverse Stock Splits
StockIssuedDuringPeriodSharesReverseStockSplits
|
200000 | shares |
CY2021Q4 | us-gaap |
Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
|
29250 | shares |
CY2021 | us-gaap |
Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
|
1024361 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares Reverse Stock Splits
StockIssuedDuringPeriodSharesReverseStockSplits
|
300000 | shares |
CY2022 | us-gaap |
Stock Issued During Period Shares Reverse Stock Splits
StockIssuedDuringPeriodSharesReverseStockSplits
|
300000 | shares |
CY2022 | mtc |
Percentageof Reserve On Net Profit
PercentageofReserveOnNetProfit
|
0.10 | pure |
CY2022 | mtc |
Percentage Of Registered Capital
PercentageOfRegisteredCapital
|
0.50 | pure |
CY2022 | us-gaap |
Lessor Operating Lease Description
LessorOperatingLeaseDescription
|
The Company leases office space under non-cancelable operating lease agreements, which end at various dates in 2024 and 2025. | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y4M28D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0437 | pure |
CY2022Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
463187 | usd |
CY2022Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
407941 | usd |
CY2022Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
258094 | usd |
CY2022Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
1129222 | usd |
CY2022Q4 | mtc |
Imputed Interest
ImputedInterest
|
75648 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
1053574 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
405591 | usd |
CY2022 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
647983 | usd |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
373022 | usd |
CY2022 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
52246 | usd |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
385126 | usd |
CY2021 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
27490 | usd |
CY2020 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
387459 | usd |
CY2020 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
16123 | usd |
CY2022 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
402730 | usd |
CY2021 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
396569 | usd |
CY2020 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
313120 | usd |
CY2022 | us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b>NOTE 16 – <span style="text-decoration:underline">CONTINGENCIES</span></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; ">In the normal course of business, MM Global is engaged in various trading and brokerage activities on a principal and agency basis through a clearing broker. As a regulated FINRA broker-dealer, MM Global is subject to regulatory trading inquiries and investigations to determine whether any violations of federal securities or FINRA rules may have occurred. During fiscal year ended December 31, 2022, FINRA’s Department of Enforcement concluded its investigation and alleges that there have been violations of the federal securities laws and FINRA rules. FINRA has issued the settlement for MMGS with a fine of $450,000 to pay through 3 years, an installment plan fee of $38,250, and a prohibition from providing market access to customers for a period of two years. The settlement also prohibits MMGS from engaging in any business in which MMGS provides market access to customers unless and until a registered principal or officer of MMGS certifies in writing to FINRA that the firm revised and enhanced its AML and supervisory procedures related to detecting and investigating suspicious trading activity and potential market manipulation. During fiscal year ended December 31, 2022, the Company had made payment in the amount of $153,450 and as of December 31, 2022, the payable to FINRA was in the amount of $334,800. The current portion of payable was included in “Accrued liabilities and other payables” on the accompanying consolidated balance sheets and the non-current portion of payable was included in “Accrued liabilities, non-current” on the accompanying consolidated balance sheets.</p> | |
CY2022Q4 | us-gaap |
Settlement Assets Current
SettlementAssetsCurrent
|
450000 | usd |
CY2022 | mtc |
Paying Period
PayingPeriod
|
P3Y | |
CY2022 | us-gaap |
Retail Land Sales Installment Method Sales Value
RetailLandSalesInstallmentMethodSalesValue
|
38250 | usd |
CY2022 | mtc |
Customer Term Period
CustomerTermPeriod
|
P2Y | |
CY2022 | us-gaap |
Payments For Fees
PaymentsForFees
|
153450 | usd |
CY2020 | us-gaap |
Concentration Risk Customer
ConcentrationRiskCustomer
|
10% | |
CY2021 | us-gaap |
Concentration Risk Customer
ConcentrationRiskCustomer
|
10% | |
CY2022 | us-gaap |
Concentration Risk Customer
ConcentrationRiskCustomer
|
10% | |
CY2022 | us-gaap |
Revenues
Revenues
|
1099133 | usd |
CY2022 | us-gaap |
Gross Profit
GrossProfit
|
868049 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5645376 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
66428 | usd |
CY2022 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
3792 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
653036 | usd |
CY2021 | us-gaap |
Gross Profit
GrossProfit
|
511734 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7050755 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
40130 | usd |
CY2021 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
37068 | usd |
CY2020 | us-gaap |
Revenues
Revenues
|
742125 | usd |
CY2020 | us-gaap |
Gross Profit
GrossProfit
|
734720 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3181596 | usd |
CY2020 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
54576 | usd |
CY2020 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
18379 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
11415507 | usd |
CY2021Q4 | us-gaap |
Assets
Assets
|
14587501 | usd |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2021Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
usd | |
CY2021 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
usd | |
CY2020 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
usd | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.56 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.61 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.88 | |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2038558 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2450447 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3497109 | shares |
CY2020 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
usd | |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Stock Split
AdjustmentsToAdditionalPaidInCapitalStockSplit
|
usd | |
CY2022 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
usd | |
CY2020 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
usd | |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | |
CY2020 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
usd | |
CY2021 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
usd | |
CY2022 | us-gaap |
Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
|
usd | |
CY2020 | us-gaap |
Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
|
usd | |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | |
CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | |
CY2022 | mtc |
Collection Loan To Related Party
CollectionLoanToRelatedParty
|
usd | |
CY2022 | mtc |
Collection Of Loan Employee
CollectionOfLoanEmployee
|
usd | |
CY2021 | mtc |
Collection Of Loan Employee
CollectionOfLoanEmployee
|
usd | |
CY2021 | mtc |
Collection Of Loan To Third Parties
CollectionOfLoanToThirdParties
|
usd | |
CY2020 | mtc |
Collection Of Loan To Third Parties
CollectionOfLoanToThirdParties
|
usd | |
CY2022 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
usd | |
CY2021 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
usd | |
CY2022 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
usd | |
CY2020 | us-gaap |
Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
|
usd | |
CY2021 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
usd | |
CY2020 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
usd | |
CY2022 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
usd | |
CY2021 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
usd | |
CY2022 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
usd | |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | |
CY2020 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | |
CY2022 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
usd | |
CY2021 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
usd | |
CY2022 | mtc |
Expense Paid By Related Parties On Behalf Of Company
ExpensePaidByRelatedPartiesOnBehalfOfCompany
|
usd | |
CY2021 | mtc |
Expense Paid By Related Parties On Behalf Of Company
ExpensePaidByRelatedPartiesOnBehalfOfCompany
|
usd | |
CY2022 | mtc |
Acquisition Consideration Given Up By A Related Party
AcquisitionConsiderationGivenUpByARelatedParty
|
usd | |
CY2021 | mtc |
Acquisition Consideration Given Up By A Related Party
AcquisitionConsiderationGivenUpByARelatedParty
|
usd | |
CY2022 | us-gaap |
Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
|
usd | |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
usd | |
CY2020 | mtc |
Operating Lease Rightofuse Assets Obtained In Exchange For Operating Lease Liabilities
OperatingLeaseRightofuseAssetsObtainedInExchangeForOperatingLeaseLiabilities
|
usd | |
CY2021 | us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
usd | |
CY2020 | us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
usd | |
CY2021 | us-gaap |
Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
|
usd | |
CY2020 | us-gaap |
Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
|
usd | |
CY2021 | mtc |
Placement Agent Services
PlacementAgentServices
|
usd | |
CY2020 | mtc |
Placement Agent Services
PlacementAgentServices
|
usd | |
CY2022 | mtc |
Investor Relations Management Services
InvestorRelationsManagementServices
|
usd | |
CY2021 | mtc |
Investor Relations Management Services
InvestorRelationsManagementServices
|
usd | |
CY2022 | us-gaap |
Brokerage Commissions Revenue
BrokerageCommissionsRevenue
|
usd | |
CY2020 | mtc |
Fund Management Fee
FundManagementFee
|
usd | |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-3181596 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-5645376 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-7050755 | usd |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2038558 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2450447 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3497109 | shares |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.56 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.61 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.88 | |
CY2022Q4 | us-gaap |
Other Cash Equivalents At Carrying Value
OtherCashEquivalentsAtCarryingValue
|
usd | |
CY2021Q4 | us-gaap |
Other Cash Equivalents At Carrying Value
OtherCashEquivalentsAtCarryingValue
|
usd | |
CY2022Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
usd | |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
usd | |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
usd | |
CY2022Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
usd | |
CY2021Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
usd | |
CY2020Q4 | mtc |
Deferred Tax Assets Cutoff Adjustments
DeferredTaxAssetsCutoffAdjustments
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
usd | |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
usd | |
CY2020Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
usd | |
CY2022 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2022 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
100027 | |
CY2022 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001742518 |