$SEAV
SEATech Ventures Corp.

2022 Q2 Form 10-Q Financial Statement

#000149315222022189 Filed on August 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2021 Q4 2021 Q2
Revenue $320.0K $25.00K $120.0K
YoY Change 166.67% -87.19%
Cost Of Revenue $256.0K $20.00K $107.6K
YoY Change 137.92% -89.09%
Gross Profit $64.00K $5.000K $12.40K
YoY Change 416.13% -57.7%
Gross Profit Margin 20.0% 20.0% 10.33%
Selling, General & Admin $51.40K $60.00K $51.47K
YoY Change -0.13% 48.15% 47.98%
% of Gross Profit 80.31% 1200.0% 415.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $49.94K $59.46K $51.47K
YoY Change -2.97% 47.87% 54.28%
Operating Profit $14.06K -$54.46K -$39.07K
YoY Change -135.99% 91.83% 17.11%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $1.452K
YoY Change
Pretax Income $14.06K -$54.46K -$38.05K
YoY Change -136.94% 91.76% 14.06%
Income Tax $0.00
% Of Pretax Income
Net Earnings $14.06K -$54.20K -$38.05K
YoY Change -136.94% 90.85% 14.06%
Net Earnings / Revenue 4.39% -216.8% -31.71%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $152.00 -$585.80 -$411.30
COMMON SHARES
Basic Shares Outstanding 92.52M shares 92.52M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q2 2021 Q4 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $252.4K $192.3K $215.4K
YoY Change 17.18% -31.64% -30.66%
Cash & Equivalents $252.4K $192.3K $215.3K
Short-Term Investments
Other Short-Term Assets $33.02K
YoY Change
Inventory
Prepaid Expenses
Receivables $180.00
Other Receivables $0.00 $5.010K $0.00
Total Short-Term Assets $285.5K $198.9K $215.9K
YoY Change 32.25% -56.11% -30.48%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.070K $5.270K $3.370K
YoY Change 50.45% 416.67% 230.39%
Other Assets
YoY Change
Total Long-Term Assets $5.065K $5.265K $3.370K
YoY Change 50.3% 421.29% 230.39%
TOTAL ASSETS
Total Short-Term Assets $285.5K $198.9K $215.9K
Total Long-Term Assets $5.065K $5.265K $3.370K
Total Assets $290.6K $204.2K $219.3K
YoY Change 32.53% -55.05% -29.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $22.39K $33.39K $13.27K
YoY Change 68.73% 49.26%
Deferred Revenue $128.5K
YoY Change
Short-Term Debt $0.00 $0.00 $1.630K
YoY Change -100.0% -100.0% 0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $150.9K $33.39K $14.90K
YoY Change 912.7% -81.83% 188.76%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $150.9K $33.39K $14.90K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $150.9K $33.39K $14.90K
YoY Change 912.7% -81.83% 188.76%
SHAREHOLDERS EQUITY
Retained Earnings -$530.6K -$499.9K
YoY Change
Common Stock $9.252K $9.252K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $139.7K $169.2K $204.4K
YoY Change
Total Liabilities & Shareholders Equity $290.6K $204.2K $219.3K
YoY Change 32.53% -55.05% -29.63%

Cashflow Statement

Concept 2022 Q2 2021 Q4 2021 Q2
OPERATING ACTIVITIES
Net Income $14.06K -$54.20K -$38.05K
YoY Change -136.94% 90.85% 14.06%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $6.390K $8.310K -$53.62K
YoY Change -111.92% -132.4% -86.31%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 -$850.00
YoY Change -100.0%
Cash From Investing Activities $0.00 $0.00 -$850.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 300.0 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities 6.390K 8.310K -53.62K
Cash From Investing Activities 0.000 0.000 -850.0
Cash From Financing Activities 300.0 0.000
Net Change In Cash 6.390K 8.610K -54.47K
YoY Change -111.73% -133.57% 12.06%
FREE CASH FLOW
Cash From Operating Activities $6.390K $8.310K -$53.62K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001763660
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
No
CY2021Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
usd
CY2022Q2 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
usd
CY2022Q2 SEAV Due From Corporate Shareholder Of Subsidiary
DueFromCorporateShareholderOfSubsidiary
usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
usd
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2022Q2 us-gaap Minority Interest
MinorityInterest
usd
CY2022Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
usd
SEAV Increase Decrease In Deferred Cost Of Revenue
IncreaseDecreaseInDeferredCostOfRevenue
usd
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
usd
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
usd
us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
usd
SEAV Proceeds From Refund Of Investment In Other Company
ProceedsFromRefundOfInvestmentInOtherCompany
usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
usd
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
usd
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
usd
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
usd
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
usd
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
usd
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
usd
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
333-230479
dei Entity Registrant Name
EntityRegistrantName
SEATECH VENTURES CORP.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Trading Symbol
TradingSymbol
SEAV
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
61-1882326
dei Entity Address Address Line1
EntityAddressAddressLine1
11-05 & 11-06, Tower A
dei Entity Address Address Line2
EntityAddressAddressLine2
Avenue 3 Vertical Business Suite
dei Entity Address Address Line3
EntityAddressAddressLine3
Jalan Kerinchi, Bangsar South
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
59200
dei Entity Address City Or Town
EntityAddressCityOrTown
Kuala Lumpur
dei Entity Address Country
EntityAddressCountry
MY
dei City Area Code
CityAreaCode
+603
dei Local Phone Number
LocalPhoneNumber
2242 1288
dei Security12b Title
Security12bTitle
Common Stock
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
dei Entity Bankruptcy Proceedings Reporting Current
EntityBankruptcyProceedingsReportingCurrent
false
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
92519843 shares
CY2022Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
177 usd
CY2021Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
1650 usd
CY2022Q2 us-gaap Deferred Costs Current
DeferredCostsCurrent
33016 usd
CY2021Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
3093 usd
CY2021Q4 SEAV Due From Corporate Shareholder Of Subsidiary
DueFromCorporateShareholderOfSubsidiary
1920 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
252354 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
192286 usd
CY2022Q2 us-gaap Assets Current
AssetsCurrent
285547 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
198949 usd
CY2022Q2 SEAV Investment In Other Companies
InvestmentInOtherCompanies
5065 usd
CY2021Q4 SEAV Investment In Other Companies
InvestmentInOtherCompanies
5265 usd
CY2022Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
5065 usd
CY2021Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
5265 usd
CY2022Q2 us-gaap Assets
Assets
290612 usd
CY2021Q4 us-gaap Assets
Assets
204214 usd
CY2022Q2 SEAV Other Payables And Accrued Liabilities
OtherPayablesAndAccruedLiabilities
22391 usd
CY2021Q4 SEAV Other Payables And Accrued Liabilities
OtherPayablesAndAccruedLiabilities
33394 usd
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
128502 usd
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
150893 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
33394 usd
CY2022Q2 us-gaap Liabilities
Liabilities
150893 usd
CY2021Q4 us-gaap Liabilities
Liabilities
33394 usd
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
120000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
320000 usd
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
290612 usd
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
204214 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
320000 usd
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
600000000 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
92519843 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
92519843 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
92519843 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
92519843 shares
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
9252 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
9252 usd
CY2022Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
659958 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
659958 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1089 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-125 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-530580 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-499923 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
139719 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
169162 usd
CY2021Q4 us-gaap Minority Interest
MinorityInterest
1658 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
139719 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
170820 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
122400 usd
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
256000 usd
CY2021Q2 us-gaap Cost Of Revenue
CostOfRevenue
107600 usd
us-gaap Cost Of Revenue
CostOfRevenue
256000 usd
us-gaap Cost Of Revenue
CostOfRevenue
110000 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
64000 usd
CY2021Q2 us-gaap Gross Profit
GrossProfit
12400 usd
us-gaap Gross Profit
GrossProfit
64000 usd
us-gaap Gross Profit
GrossProfit
12400 usd
CY2022Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1452 usd
CY2021Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1016 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1504 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1041 usd
CY2021Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
79 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
285 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
51395 usd
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
51389 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
96161 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
79332 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
14057 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-38052 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-30657 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-66176 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
14057 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-38052 usd
us-gaap Profit Loss
ProfitLoss
-30657 usd
us-gaap Profit Loss
ProfitLoss
-66176 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1497 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1089 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
15554 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-38052 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-29568 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-66176 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.0002
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.0004
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.0003
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.0007
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92519843 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92519867 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92519843 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
92519867 shares
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
170820 usd
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
1658 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1214 usd
us-gaap Net Income Loss
NetIncomeLoss
-30657 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
139719 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
270551 usd
us-gaap Net Income Loss
NetIncomeLoss
-66176 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
204375 usd
us-gaap Net Income Loss
NetIncomeLoss
-30657 usd
us-gaap Net Income Loss
NetIncomeLoss
-66176 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-170800 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-159800 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-1473 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-675 usd
SEAV Increase Decrease In Deferred Cost Of Revenue
IncreaseDecreaseInDeferredCostOfRevenue
-33016 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-11002 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-9100 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
128502 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
55300 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-63601 usd
us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
2350 usd
SEAV Proceeds From Refund Of Investment In Other Company
ProceedsFromRefundOfInvestmentInOtherCompany
200 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
200 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2350 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4568 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
60068 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-65951 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
192286 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
281299 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
252354 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
215348 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84A_eus-gaap--UseOfEstimates_zuLeAagnMy7i" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_86B_z2Pa8Q6eoQeh">Use of estimates</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management uses estimates and assumptions in preparing these financial statements in accordance with US GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities in the balance sheets, and the reported revenue and expenses during the periods reported. Actual results may differ from these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
92519843 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
92519843 shares
us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-27580 usd
us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-14726 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-30657 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-66176 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
252354 usd
CY2022Q2 SEAV Investment In Other Companies
InvestmentInOtherCompanies
5065 usd
CY2021Q4 SEAV Investment In Other Companies
InvestmentInOtherCompanies
5265 usd
CY2022Q2 SEAV Accrued Audit Fees Current
AccruedAuditFeesCurrent
2680 usd
CY2021Q4 SEAV Accrued Audit Fees Current
AccruedAuditFeesCurrent
26486 usd
CY2022Q2 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
8301 usd
CY2021Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
5664 usd
CY2022Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
11410 usd
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1244 usd
CY2022Q2 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
22391 usd
CY2021Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
33394 usd
CY2022Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 usd
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
586695 usd
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
245746 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
320000 usd
us-gaap Cost Of Revenue
CostOfRevenue
256000 usd
us-gaap Net Income Loss
NetIncomeLoss
-30657 usd
CY2022Q2 us-gaap Assets Net
AssetsNet
290612 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
122400 usd
us-gaap Cost Of Revenue
CostOfRevenue
110000 usd
us-gaap Net Income Loss
NetIncomeLoss
-66176 usd
us-gaap Net Income Loss
NetIncomeLoss
-66176 usd
CY2021Q2 us-gaap Assets Net
AssetsNet
219276 usd

Files In Submission

Name View Source Status
0001493152-22-022189-index-headers.html Edgar Link pending
0001493152-22-022189-index.html Edgar Link pending
0001493152-22-022189.txt Edgar Link pending
0001493152-22-022189-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-q.htm 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
R2.htm Edgar Link pending
R20.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
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
seav-20220630.xsd Edgar Link pending
Show.js Edgar Link pending
seav-20220630_pre.xml Edgar Link unprocessable
seav-20220630_cal.xml Edgar Link unprocessable
seav-20220630_lab.xml Edgar Link unprocessable
seav-20220630_def.xml Edgar Link unprocessable