$QDMI
QDM International Inc. Stock $qdmi

$qdmi Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-Q Financial Statement

#000173112222001412 Filed on August 15, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2022 Q1
Revenue	$13.18K	$9.782K	$14.15K
YoY Change	-29.17%	-15.75%	-38.69%
Cost Of Revenue	$13.18K	$9.782K	$14.02K
YoY Change	-29.17%	-15.75%	-41.39%
Gross Profit			$130.00
YoY Change			-115.48%
Gross Profit Margin			0.92%
Selling, General & Admin	$74.82K	$96.63K	$105.5K
YoY Change	-1.0%	-10.63%	24.52%
% of Gross Profit			81176.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.090K	$1.361K	$0.00
YoY Change			-100.0%
% of Gross Profit			0.0%
Operating Expenses	$74.82K	$96.63K	$105.5K
YoY Change	-1.0%	-10.63%	24.53%
Operating Profit	-$74.82K	-$96.63K	-$105.4K
YoY Change	-1.0%	-10.63%	23.16%
Interest Expense	-$190.00	-$560.00	-$1.080K
YoY Change	216.67%	-37.78%
% of Operating Profit
Other Income/Expense, Net	$1.557K	$469.00	$0.00
YoY Change	-2532.81%	-152.34%	-100.0%
Pretax Income	-$73.27K	-$96.16K	-$106.5K
YoY Change	-3.14%	-11.8%	24.32%
Income Tax
% Of Pretax Income
Net Earnings	-$73.27K	-$96.16K	-$106.5K
YoY Change	-3.14%	-11.8%	24.32%
Net Earnings / Revenue	-555.84%	-982.99%	-752.51%
Basic Earnings Per Share	-$0.35	-$0.46
Diluted Earnings Per Share	-$0.35	-$0.46	-$141.0K
COMMON SHARES
Basic Shares Outstanding	210.0K shares
Diluted Shares Outstanding

Balance Sheet

Concept	2022 Q3	2022 Q2	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$154.4K	$26.77K	$70.00K
YoY Change	427.98%	-11.91%	96.57%
Cash & Equivalents	$154.4K	$26.77K	$69.66K
Short-Term Investments
Other Short-Term Assets	$125.0K	$74.17K	$77.00K
YoY Change	469.86%	592.53%	-31.98%
Inventory
Prepaid Expenses	$60.97K	$44.17K	$46.58K
Receivables	$2.014K	$981.00	$2.474K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$281.4K	$101.9K	$148.7K
YoY Change	396.06%	133.55%	-1.55%
LONG-TERM ASSETS
Property, Plant & Equipment	$20.00K	$22.10K	$3.700K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$0.00	$0.00	$5.000K
YoY Change
Total Long-Term Assets	$114.6K	$126.0K	$121.9K
YoY Change
TOTAL ASSETS
Total Short-Term Assets	$281.4K	$101.9K	$148.7K
Total Long-Term Assets	$114.6K	$126.0K	$121.9K
Total Assets	$395.9K	$227.9K	$270.6K
YoY Change	598.05%	422.25%	79.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$7.440K	$18.67K	$15.00K
YoY Change	-61.47%	5.66%	196.44%
Accrued Expenses	$38.48K	$38.01K	$37.55K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$985.8K	$875.7K	$818.7K
YoY Change	87.32%	99.4%	47.11%
Long-Term Debt Due			$38.00K
YoY Change
Total Short-Term Liabilities	$1.032M	$932.4K	$870.8K
YoY Change	89.11%	104.1%	55.07%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$74.00K
YoY Change
Other Long-Term Liabilities	$54.32K	$64.12K	$73.80K
YoY Change
Total Long-Term Liabilities	$54.32K	$64.12K	$74.00K
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.032M	$932.4K	$870.8K
Total Long-Term Liabilities	$54.32K	$64.12K	$74.00K
Total Liabilities	$1.086M	$996.5K	$944.6K
YoY Change	99.07%	118.14%	68.22%
SHAREHOLDERS EQUITY
Retained Earnings	-$10.20M	-$10.13M	-$10.04M
YoY Change
Common Stock	$624.00	$624.00	$624.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$60.40K	$60.40K	$60.40K
YoY Change
Treasury Stock Shares
Shareholders Equity	-$690.1K	-$768.6K	-$674.0K
YoY Change
Total Liabilities & Shareholders Equity	$395.9K	$227.9K	$270.6K
YoY Change	598.05%	422.25%	79.17%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2022 Q1
OPERATING ACTIVITIES
Net Income	-$73.27K	-$96.16K	-$106.5K
YoY Change	-3.14%	-11.8%	24.32%
Depreciation, Depletion And Amortization	$2.090K	$1.361K	$0.00
YoY Change			-100.0%
Cash From Operating Activities	-$94.95K	-$88.04K	-$150.9K
YoY Change	2.84%	-13.28%	21.47%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$14.63K	-$3.700K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	$0.00	-$14.63K	-$3.700K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$0.00
YoY Change		-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	223.0K	$59.80K	97.29K
YoY Change	144.62%	-37.9%	9.43%
NET CHANGE
Cash From Operating Activities	-94.95K	-$88.04K	-150.9K
Cash From Investing Activities	0.000	-$14.63K	-3.700K
Cash From Financing Activities	223.0K	$59.80K	97.29K
Net Change In Cash	128.1K	-$42.88K	-57.32K
YoY Change	-11238.26%	722.16%	62.24%
FREE CASH FLOW
Cash From Operating Activities	-$94.95K	-$88.04K	-$150.9K
Capital Expenditures	$0.00	$14.63K	-$3.700K
Free Cash Flow	-$94.95K	-$102.7K	-$147.2K
YoY Change		1.13%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q2	dei	Entity Central Index Key EntityCentralIndexKey	0001094032
CY2022Q2	dei	Amendment Flag AmendmentFlag	false
CY2022Q2	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
CY2022Q2	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022Q2	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q2	us-gaap	Prepaid Expense Noncurrent PrepaidExpenseNoncurrent		usd
CY2022Q2	us-gaap	Gross Profit GrossProfit		usd
CY2021Q2	us-gaap	Gross Profit GrossProfit		usd
CY2021Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense		usd
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CY2021Q2	us-gaap	Depreciation Depreciation		usd
CY2021Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
CY2021Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
CY2022Q2	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt		usd
CY2022Q2	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock		usd
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CY2021Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents		usd
CY2022Q2	us-gaap	Interest Paid Net InterestPaidNet		usd
CY2021Q2	us-gaap	Interest Paid Net InterestPaidNet		usd
CY2022Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2021Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2022Q2	dei	Document Type DocumentType	10-Q
CY2022Q2	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2022Q2	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
CY2022Q2	dei	Document Transition Report DocumentTransitionReport	false
CY2022Q2	dei	Entity File Number EntityFileNumber	000-27251
CY2022Q2	dei	Entity Registrant Name EntityRegistrantName	QDM International Inc.
CY2022Q2	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	FL
CY2022Q2	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	59-3564984
CY2022Q2	dei	Entity Address Address Line1 EntityAddressAddressLine1	Room 715
CY2022Q2	dei	Entity Address Address Line2 EntityAddressAddressLine2	7F
CY2022Q2	dei	Entity Address Address Line3 EntityAddressAddressLine3	The Place Tower C
CY2022Q2	QDMI	Entity Address Address Line4 EntityAddressAddressLine4	No. 150 Zunyi Road
CY2022Q2	dei	Entity Address City Or Town EntityAddressCityOrTown	Changning District
CY2022Q2	QDMI	Entity Address Address Line5 EntityAddressAddressLine5	Shanghai
CY2022Q2	dei	Entity Address Country EntityAddressCountry	CN
CY2022Q2	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	200051
CY2022Q2	dei	City Area Code CityAreaCode	21
CY2022Q2	dei	Local Phone Number LocalPhoneNumber	22183083
CY2022Q2	dei	Security12b Title Security12bTitle	Common Stock, par value $0.0001
CY2022Q2	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022Q2	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022Q2	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2022Q2	dei	Entity Small Business EntitySmallBusiness	true
CY2022Q2	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022Q2	dei	Entity Shell Company EntityShellCompany	false
CY2022Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	209993	shares
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CY2022Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2474	usd
CY2022Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	44166	usd
CY2022Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	46575	usd
CY2022Q2	us-gaap	Deferred Income Taxes And Other Assets Current DeferredIncomeTaxesAndOtherAssetsCurrent	30000	usd
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CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	103892	usd
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CY2022Q1	us-gaap	Prepaid Expense Noncurrent PrepaidExpenseNoncurrent	5128	usd
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CY2022Q2	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	875711	usd
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CY2022Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
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CY2022Q2	us-gaap	Stockholders Equity Note Subscriptions Receivable StockholdersEquityNoteSubscriptionsReceivable	48718	usd
CY2022Q1	us-gaap	Stockholders Equity Note Subscriptions Receivable StockholdersEquityNoteSubscriptionsReceivable	48718	usd
CY2022Q2	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	473	shares
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CY2022Q2	us-gaap	Treasury Stock Value TreasuryStockValue	60395	usd
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CY2021Q2	us-gaap	Cost Of Revenue CostOfRevenue	11610	usd
CY2022Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	96625	usd
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CY2022Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	14628	usd
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CY2022Q2	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	59804	usd
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CY2021Q2	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	200500	usd
CY2021Q2	QDMI	Payments For Deferred Costs Related To Equity Financing PaymentsForDeferredCostsRelatedToEquityFinancing	23500	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	59804	usd
CY2021Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	96305	usd
CY2022Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-20	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-42884	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-5216	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	69658	usd
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	35605	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	26774	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	30389	usd
CY2022Q2	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84C_eus-gaap--UseOfEstimates_zFrZh7YR2as6" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i><span id="xdx_868_z03WrQzWmCg2">Use of Estimates</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of the Company’s consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make certain 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. The reported amounts of revenues and expenses may be affected by the estimates that management is required to make. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2022Q2	us-gaap	Foreign Currency Exchange Rate Translation1 ForeignCurrencyExchangeRateTranslation1	7.8000	pure
CY2022Q1	us-gaap	Foreign Currency Exchange Rate Translation1 ForeignCurrencyExchangeRateTranslation1	7.8000	pure
CY2022Q2	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_843_eus-gaap--ConcentrationRiskCreditRisk_zweIEQ60vgDc" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i><span id="xdx_866_zJdhNbtJIF4d">Certain Risks and Concentration</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company’s financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash and cash equivalents and receivables, and other assets. As of June 30, 2022, substantially all of the Company’s cash and cash equivalents were held in major financial institutions located in Hong Kong, which management considers to being of high credit quality.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2022Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	usd
CY2021Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	usd
CY2022Q2	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2021Q2	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2022Q2	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	30000	usd
CY2022Q1	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	30000	usd
CY2021Q3	us-gaap	Stockholders Equity Reverse Stock Split StockholdersEquityReverseStockSplit	each 30
CY2022Q2	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	875711	usd
CY2022Q1	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	818685	usd
CY2022Q2	us-gaap	Liability For Uncertain Tax Positions Current LiabilityForUncertainTaxPositionsCurrent	0	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	31629	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	42172	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	35143	usd
CY2022Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	108943	usd
CY2022Q2	QDMI	Imputed Interest ImputedInterest	-6809	usd
CY2022Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	102134	usd
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	38013	usd
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	64121	usd
CY2022Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y
CY2022Q2	us-gaap	Lessee Operating Lease Discount Rate LesseeOperatingLeaseDiscountRate	0.049	pure
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-96156	usd
CY2021Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-109019	usd
CY2022Q2	QDMI	Weighted Average Number Of Ordinary Shares Outstandingbasic And Diluted WeightedAverageNumberOfOrdinarySharesOutstandingbasicAndDiluted	209520	shares
CY2021Q2	QDMI	Weighted Average Number Of Ordinary Shares Outstandingbasic And Diluted WeightedAverageNumberOfOrdinarySharesOutstandingbasicAndDiluted	133294	shares
CY2022Q2	QDMI	Loss Per Share Attributable To Ordinary Shareholders Basic And Diluted LossPerShareAttributableToOrdinaryShareholdersBasicAndDiluted	-0.46
CY2021Q2	QDMI	Loss Per Share Attributable To Ordinary Shareholders Basic And Diluted LossPerShareAttributableToOrdinaryShareholdersBasicAndDiluted	-0.82

Files In Submission

Name	View Source	Status
0001731122-22-001412-index-headers.html	Edgar Link	pending
0001731122-22-001412-index.html	Edgar Link	pending
0001731122-22-001412.txt	Edgar Link	pending
0001731122-22-001412-xbrl.zip	Edgar Link	pending
e3977_10q.htm	Edgar Link	pending
e3977_ex31-1.htm	Edgar Link	pending
e3977_10q_htm.xml	Edgar Link	completed
e3977_ex31-2.htm	Edgar Link	pending
e3977_ex32-1.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
qdmi-20220630.xsd	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
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R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
qdmi-20220630_cal.xml	Edgar Link	unprocessable
qdmi-20220630_def.xml	Edgar Link	unprocessable
qdmi-20220630_lab.xml	Edgar Link	unprocessable
qdmi-20220630_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable

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$QDMI
QDM International Inc. Stock $qdmi

2022 Q3 Form 10-Q Financial Statement

#000173112222001412 Filed on August 15, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$QDMI QDM International Inc. Stock $qdmi

2022 Q3 Form 10-Q Financial Statement

#000173112222001412 Filed on August 15, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$QDMI
QDM International Inc. Stock $qdmi