$NXTT
Next Technology Holding Inc. Stock $nxtt

$nxtt Overview Financials Valuation SEC Filings Company Website

2021 Q4 Form 10-Q Financial Statement

#000147793221008634 Filed on November 22, 2021

Income Statement

Concept	2021 Q4	2021 Q3	2020 Q4
Revenue	$3.119M	$4.599M	$3.383M
YoY Change	-7.81%	128.55%
Cost Of Revenue	$240.1K	$2.105M	$100.4K
YoY Change	139.1%	392.26%
Gross Profit	$2.879M	$2.494M	$3.283M
YoY Change	-12.31%	57.38%
Gross Profit Margin	92.3%	54.22%	97.03%
Selling, General & Admin	$1.009M	$1.039M	$1.284M
YoY Change	-21.4%	155.26%	690.71%
% of Gross Profit	35.06%	41.67%	39.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$28.06K	$1.600K	$11.70K
YoY Change	139.83%
% of Gross Profit	0.97%	0.06%	0.36%
Operating Expenses	$1.009M	-$1.039M	$1.284M
YoY Change	-21.4%	155.26%	690.71%
Operating Profit	$1.869M	$1.454M	$1.999M
YoY Change	-6.46%	23.53%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	$45.16K	$59.90K	$43.90K
YoY Change	2.87%	53.83%
Pretax Income	$1.915M	$1.541M	$2.042M
YoY Change	-6.26%	26.72%	-1357.68%
Income Tax	$643.3K	$104.1K	$674.6K
% Of Pretax Income	33.6%	6.75%	33.03%
Net Earnings	$1.271M	$1.410M	$1.368M
YoY Change	-7.06%	90.35%	-942.31%
Net Earnings / Revenue	40.76%	30.67%	40.43%
Basic Earnings Per Share
Diluted Earnings Per Share	$4.162K	$4.617K	$4.497K
COMMON SHARES
Basic Shares Outstanding	305.5M shares	305.5M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2021 Q4	2021 Q3	2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$616.6K	$1.395M	$4.641M
YoY Change	-86.71%	-79.45%	-29.59%
Cash & Equivalents	$616.6K	$1.395M	$4.641M
Short-Term Investments
Other Short-Term Assets	$2.761M	$2.941M	$61.71K
YoY Change	4373.6%	1392.18%
Inventory
Prepaid Expenses	$2.761M	$2.941M	$61.71K
Receivables	$9.231M	$6.680M	$2.610M
Other Receivables	$10.85K	$3.752M	$2.453K
Total Short-Term Assets	$16.44M	$14.77M	$10.42M
YoY Change	57.81%	78.11%	58.02%
LONG-TERM ASSETS
Property, Plant & Equipment	$395.4K	$138.3K	$0.00
YoY Change		-95.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$3.034M	$2.885M	$3.127M
YoY Change	-2.97%	-1.17%
TOTAL ASSETS
Total Short-Term Assets	$16.44M	$14.77M	$10.42M
Total Long-Term Assets	$3.034M	$2.885M	$3.127M
Total Assets	$19.47M	$17.65M	$13.54M
YoY Change	43.77%	57.46%	105.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$7.710K	$226.9K	$8.176K
YoY Change	-5.7%
Accrued Expenses	$217.1K	$172.1K	$263.4K
YoY Change	-17.57%	-67.25%	722.98%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$140.0K	$140.0K
YoY Change	-100.0%	0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.999M	$2.638M	$2.177M
YoY Change	37.74%	76.05%	21.87%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$1.942M	$2.087M	$2.472M
YoY Change	-21.42%	-19.15%
Total Long-Term Liabilities	$1.942M	$2.087M	$2.472M
YoY Change	-21.42%	-19.15%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.999M	$2.638M	$2.177M
Total Long-Term Liabilities	$1.942M	$2.087M	$2.472M
Total Liabilities	$4.941M	$4.726M	$4.649M
YoY Change	6.29%	15.81%	160.22%
SHAREHOLDERS EQUITY
Retained Earnings	$7.433M	$6.162M	$2.258M
YoY Change	229.25%
Common Stock	$0.00	$0.00	$0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$14.53M	$12.93M	$8.894M
YoY Change
Total Liabilities & Shareholders Equity	$19.47M	$17.65M	$13.54M
YoY Change	43.77%	57.46%	105.47%

Cashflow Statement

Concept	2021 Q4	2021 Q3	2020 Q4
OPERATING ACTIVITIES
Net Income	$1.271M	$1.410M	$1.368M
YoY Change	-7.06%	90.35%	-942.31%
Depreciation, Depletion And Amortization	$28.06K	$1.600K	$11.70K
YoY Change	139.83%
Cash From Operating Activities	-$944.6K	-$2.267M	$2.205M
YoY Change	-142.84%	-1543.31%	-1791.17%
INVESTING ACTIVITIES
Capital Expenditures	-$279.0K	$32.15K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$279.0K	$32.15K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	77.82K	420.6K	-4.518M
YoY Change	-101.72%	-31.76%	-169.5%
NET CHANGE
Cash From Operating Activities	-944.6K	-2.267M	2.205M
Cash From Investing Activities	-279.0K	32.15K
Cash From Financing Activities	77.82K	420.6K	-4.518M
Net Change In Cash	-1.146M	-1.814M	-2.313M
YoY Change	-50.46%	-334.6%	-136.31%
FREE CASH FLOW
Cash From Operating Activities	-$944.6K	-$2.267M	$2.205M
Capital Expenditures	-$279.0K	$32.15K
Free Cash Flow	-$665.6K	-$2.299M
YoY Change

Facts In Submission

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	us-gaap	Net Income Loss NetIncomeLoss	1307126	USD
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	7130912	USD
	us-gaap	Nature Of Operations NatureOfOperations	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>NOTE 1</strong> –<strong> NATURE OF BUSINESS </strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>Organization</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">WeTrade Group, Inc. was incorporated in the State of Wyoming on March 28, 2019 and is in the business of providing technical services and solutions via its membership-based social e-commerce platform. We are committed to providing an international cloud-based intelligence system and independently developed a micro-business cloud intelligence system called the “YCloud.” Our goal is to provide technical and auto-billing management services to micro-business online stores in China through big data analytics, machine learning mechanisms, social network recommendations, and multi-channel data analysis.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">We provide technology services to both individual and corporate users. Through Yueshang Beijing, we provide “YCloud” service to our customer, Zhuozhou Weijiafu Information Technology Limited, or Weijiafu, a PRC technology company, which provide “YCloud” services to individual and corporate micro-business owners. The market individual micro-business owners represents a potential of 330 million users by the year of 2023. YCloud serves corporate users in multiple industries, including Yuetao Group, Zhiding, Lvyue, Yuebei, Yuedian, Coke GO, and Zhongyanshangyue. We conduct business operations in mainland China and have established trial operations in Hong Kong, the Philippines, and Singapore. We expect to utilize the YCloud system to establish a global strategic cooperation with various social media platforms. Plan to negotiate with Kakao Talk, Line, Whatsapp, Ohho, and Bluechat. Additionally, we have formed long-term technical collaborations with Yuetao App, Daren App, Yuebei App, Zhiding App, Yuedian App, and Lvyue App through Weijiafu.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In January 2020, we appointed a third party software company to develop an auto-billing management system (“WeTrade System”), the early stage of the YCloud system, at the cost of RMB 400,000 (or approximately USD $62,000) to provide online payment services for micro-business owners in the PRC. The main functions of the YCloud system is to manage users’ marketing relationships, CPS commission profit management, multi-channel data statistics, AI fission and management, and improved supply chain systems.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Currently, YCloud serves the micro business industry. We expect to expand the application of YCloud to tourism, hospitality, livestreaming and short video, medical beauty and traditional retail industries.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>Our Business</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">We believe that YCloud the first global micro-business cloud intelligent internationalization system. It conducts multi-channel data analysis through the learning of big data and social recommendation relationships. It also provides users with independent research and development of community AI fission and management systems and supply chain systems. It focuses on solving the problem of new maintenance, supply chain CPS integration output, and enrich the functional needs of users. YCloud has four main functions and competitive advantages as follows</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><span style="text-decoration:underline">Multiple integrated payment methods and payment analytics</span>: the YCloud system provides micro-business owners with multiple payment methods such as Alipay, WeChat, and UnionPay. The total order amount is directly entered into the platform to collect funds in separate accounts. Using YCloud’s technology support, the micro-business owners offer multiple channels of payments to their customers, including Alipay, WeChat, and UnionPay. Meanwhile, YCloud assigns a bar code to merchandises that purchasers can then scan to pay, allowing purchasers to make payments both online and offline. This proprietary payment technology allows our customers to reduce labor costs and error rates, thus significantly improving data analysis.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>Team management</strong>: the YCloud system utilizes user marketing relationship tracking and CPS commission revenue management tools.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>AI fission and management:</strong> using intelligent robots to analyze user behavior, data sharing, purchase history, and other data, the YCloud system provides tailored recommendations and displays. For example, the YCloud system connects users’ behavior across multiple apps and platforms and makes automatic recommendations based on the analysis.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>Supply chain system integration:</strong> the YCloud system applies cross-platform resource integration technology. The integration allows the multi-channel output of high-quality products creates a seamless connection between suppliers and customers. The YCloud provides a complete supply chain system integrating supply, sales, finance, and service.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The following diagram sets forth the structure of the Company as of the date of this Current Report:</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><img alt="wtg_10qimg2.jpg" src="wtg_10qimg2.jpg"/></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Our business and corporate address in the United States is 1621 Central Ave, Cheyenne, WY 82001 Our telephone number is +852-67966335 and our registered agent for service of process is Wyoming Registered Agent, 1621 Central Ave, Cheyenne, WY 82001. Our fiscal year end is December 31. Our Chinese business and corporate address is No 1 Gaobei South Coast, Yi An Men 111 Block 37, Chao Yang District, Beijing City, People Republic of China, Tel. +8610-85788631. The Chinese address is where our management is located.</p>
CY2021Q3	us-gaap	Cash Cash	1395025	USD
	wtg	Covid19 Outbreak Covid19Outbreak	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In March 2020 the World Health Organization declared coronavirus COVID-19 a global pandemic. The COVID-19 pandemic has negatively impacted the global economy, workforces, customers, and created significant volatility and disruption of financial markets. It has also disrupted the normal operations of many businesses, including ours. This outbreak could decrease spending, adversely affect demand for our services and harm our business and results of operations. It is not possible for us to predict the duration or magnitude of the adverse results of the outbreak and its effects on our business or results of operations at this time.</p>
	us-gaap	Use Of Estimates UseOfEstimates	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with 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 expenses during the reporting periods. Actual results could differ from those estimates.</p>
CY2021Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2436890	USD
CY2021Q3	wtg	Present Value Of Lease Liabilities PresentValueOfLeaseLiabilities	5592033	USD
CY2021Q3	wtg	Total Operating Lease Liabilities TotalOperatingLeaseLiabilities	2656541	USD
	us-gaap	Operating Lease Cost OperatingLeaseCost	519249	USD
	wtg	Cash Paid For Amounts Included In The Measurement Of Lease Liabilities For The Quarter Ended CashPaidForAmountsIncludedInTheMeasurementOfLeaseLiabilitiesForTheQuarterEnded	531539	USD
	wtg	Weighted Average Remaining Lease Term Operating Leases In Years WeightedAverageRemainingLeaseTermOperatingLeasesInYears	P3Y11M1D
	wtg	Average Discount Rate Operating Leases AverageDiscountRateOperatingLeases	0.05	pure
CY2021Q3	wtg	Long Term Right Of Use Assets LongTermRightOfUseAssets	2436890	USD
CY2021Q3	wtg	Total Right Of Use Assets TotalRightOfUseAssets	2436890	USD
CY2021Q3	wtg	Short Term Operating Lease Liabilities ShortTermOperatingLeaseLiabilities	569060	USD
CY2021Q3	wtg	Long Term Operating Lease Liabilities LongTermOperatingLeaseLiabilities	2087481	USD
CY2021Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	2656541	USD
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	687891	USD
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	730133	USD
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	775308	USD
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	742160	USD
CY2021Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	0	USD
CY2021Q3	wtg	Total Lease Payments TotalLeasePayments	2935492	USD
CY2021Q3	wtg	Less Imputed Interest Present Value Discount LessImputedInterestPresentValueDiscount	-278951	USD
	wtg	Tax Benefit Rate TaxBenefitRate	50
	wtg	Net Income NetIncome	3904385	USD
	wtg	Net Income NetIncome	1307126	USD
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	305451498	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	304166073	shares
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.01
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.00
	wtg	Recent Accounting Pronouncements RecentAccountingPronouncements	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>NOTE 3 – RECENT ACCOUNTING PRONOUNCEMENTS</strong> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force) and the United States Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future financial statements.</p>
CY2021Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1395025	USD
CY2021Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1395025	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4640603	USD
CY2021Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	57143	USD
CY2021Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-7807	USD
CY2021Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	41841	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7807	USD
CY2021Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	3101	USD
CY2021Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	12412	USD
CY2021Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	12412	USD
CY2021Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Rolling Year Four FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour	12381	USD
CY2021Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	150915	USD
CY2021Q3	us-gaap	Property Plant And Equipment Other Accumulated Depreciation PropertyPlantAndEquipmentOtherAccumulatedDepreciation	12557	USD
CY2021Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	138339	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	12557	USD
CY2021Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6680260	USD
CY2020Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2609520	USD
	wtg	Schedule Of Prepayments Table Textblock ScheduleOfPrepaymentsTableTextblock	<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>September 30,</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2021 </strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>December 31,</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2020</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Office furniture </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">2,090,723</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Office Rental</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">181,379</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Block chain software and annual fee</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">621,402</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Software licenses fee and others</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">47,590</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">61,707</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">2,941,094</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">61,707</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
CY2021Q3	wtg	Prepayments Prepayments	2941094	USD
CY2020Q4	wtg	Prepayments Prepayments	61707	USD
CY2021Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	0	USD
CY2021Q3	us-gaap	Notes Receivable Related Parties NotesReceivableRelatedParties	3713228	USD
CY2020Q4	us-gaap	Notes Receivable Related Parties NotesReceivableRelatedParties	3097981	USD
CY2021Q3	us-gaap	Notes Receivable Related Parties Current NotesReceivableRelatedPartiesCurrent	30000000	USD
CY2021Q1	wtg	Annual Interest Percentage AnnualInterestPercentage	5
CY2021Q1	wtg	Maturity Date MaturityDate	November 4, 2021
CY2021Q3	wtg	Loan Receivable Principal Amount LoanReceivablePrincipalAmount	3589156	USD
CY2020Q4	wtg	Loan Receivable Principal Amount LoanReceivablePrincipalAmount	3064336	USD
CY2021Q3	us-gaap	Interest Payable Current InterestPayableCurrent	124072	USD
CY2020Q4	us-gaap	Interest Payable Current InterestPayableCurrent	33645	USD
CY2021Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	3713228	USD
CY2020Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	3097981	USD
CY2020Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3318	USD
CY2021Q3	us-gaap	Deposit Assets DepositAssets	39242	USD
CY2020Q4	us-gaap	Deposit Assets DepositAssets	2453	USD
CY2021Q3	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	39242	USD
CY2020Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	5771	USD
CY2021Q3	us-gaap	Customer Deposits Current CustomerDepositsCurrent	268226	USD
	wtg	Tenancy Period TenancyPeriod	5
CY2021Q3	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	276500	USD
CY2020Q4	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	276500	USD
CY2021Q3	us-gaap	Loans Payable Current LoansPayableCurrent	140000	USD
CY2020Q4	us-gaap	Loans Payable Current LoansPayableCurrent	140000	USD
CY2021Q3	us-gaap	Management Fee Payable ManagementFeePayable	252001	USD
CY2020Q4	us-gaap	Management Fee Payable ManagementFeePayable	0	USD
CY2021Q3	wtg	Amount Due To Related Parties AmountDueToRelatedParties	668501	USD
CY2020Q4	wtg	Amount Due To Related Parties AmountDueToRelatedParties	416500	USD
CY2021Q3	us-gaap	Due To Related Parties Noncurrent DueToRelatedPartiesNoncurrent	668500	USD
CY2021Q3	us-gaap	Loans Payable Current LoansPayableCurrent	140000	USD
CY2021Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	172086	USD
CY2021Q3	wtg	Accrued Expenses AccruedExpenses	172086	USD
CY2020Q4	wtg	Accrued Expenses AccruedExpenses	263355	USD
CY2021Q3	us-gaap	Taxes Payable Current TaxesPayableCurrent	150709	USD
CY2020Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	828695	USD
	wtg	Statutory Income Tax Rates StatutoryIncomeTaxRates	25
	wtg	Vat Rate VatRate	6
CY2021Q3	us-gaap	Other Loans Payable Current OtherLoansPayableCurrent	851195	USD
	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	305451498	shares

Files In Submission

Name	View Source	Status
0001477932-21-008634-index-headers.html	Edgar Link	pending
0001477932-21-008634-index.html	Edgar Link	pending
0001477932-21-008634.txt	Edgar Link	pending
0001477932-21-008634-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
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$NXTT
Next Technology Holding Inc. Stock $nxtt

2021 Q4 Form 10-Q Financial Statement

#000147793221008634 Filed on November 22, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NXTT Next Technology Holding Inc. Stock $nxtt

2021 Q4 Form 10-Q Financial Statement

#000147793221008634 Filed on November 22, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NXTT
Next Technology Holding Inc. Stock $nxtt