2023 Q4 Form 20-F Financial Statement

#000149315224019005 Filed on May 14, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q1 2023
Revenue $6.826M
YoY Change 63.69%
Cost Of Revenue $4.385M
YoY Change 29.58%
Gross Profit $2.441M
YoY Change 210.63%
Gross Profit Margin 35.76%
Selling, General & Admin $2.891M
YoY Change 102.57%
% of Gross Profit 118.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.228K
YoY Change -52.82%
% of Gross Profit 0.05%
Operating Expenses $2.891M
YoY Change 102.57%
Operating Profit -$450.3K
YoY Change -29.79%
Interest Expense -$61.56K
YoY Change -274.01%
% of Operating Profit
Other Income/Expense, Net $183.8K
YoY Change 312.38%
Pretax Income -$328.1K
YoY Change -45.03%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$328.1K
YoY Change -45.03%
Net Earnings / Revenue -4.81%
Basic Earnings Per Share -$0.04
Diluted Earnings Per Share -$0.02
COMMON SHARES
Basic Shares Outstanding 15.09M shares 14.28M shares
Diluted Shares Outstanding 14.28M shares

Balance Sheet

Concept 2023 Q4 2023 Q1 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.210M
YoY Change 754.66%
Cash & Equivalents $5.210M $5.210M
Short-Term Investments
Other Short-Term Assets $188.8K
YoY Change 18.21%
Inventory
Prepaid Expenses
Receivables $3.997M $5.753M
Other Receivables $251.9K
Total Short-Term Assets $11.30M $11.40M
YoY Change 292.49% 296.17%
LONG-TERM ASSETS
Property, Plant & Equipment $65.57K $272.4K
YoY Change 3518.38% 14949.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $492.6K $492.6K
YoY Change 122.47% 122.47%
TOTAL ASSETS
Total Short-Term Assets $11.30M $11.40M
Total Long-Term Assets $492.6K $492.6K
Total Assets $11.79M $11.90M
YoY Change 280.35% 283.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.157M $1.157M
YoY Change 23.42% 23.42%
Accrued Expenses $113.2K
YoY Change
Deferred Revenue $996.5K
YoY Change 14.92%
Short-Term Debt $1.149M $1.159M
YoY Change 152.48% 154.75%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.105M $5.240M
YoY Change 22.7% 25.95%
LONG-TERM LIABILITIES
Long-Term Debt $677.2K
YoY Change 3.67%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $677.2K
YoY Change 3.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.105M $5.240M
Total Long-Term Liabilities $677.2K
Total Liabilities $5.782M $5.917M
YoY Change 20.12% 22.92%
SHAREHOLDERS EQUITY
Retained Earnings -$2.871M
YoY Change 29.2%
Common Stock $8.350M
YoY Change 417500000.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.009M $5.980M
YoY Change
Total Liabilities & Shareholders Equity $11.79M $11.90M
YoY Change 280.35% 283.77%

Cashflow Statement

Concept 2023 Q4 2023 Q1 2023
OPERATING ACTIVITIES
Net Income -$328.1K
YoY Change -45.03%
Depreciation, Depletion And Amortization $1.228K
YoY Change -52.82%
Cash From Operating Activities -$3.814M
YoY Change 981.28%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $350.0K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $8.414M
YoY Change 1891.32%
NET CHANGE
Cash From Operating Activities -$3.814M
Cash From Investing Activities
Cash From Financing Activities $8.414M
Net Change In Cash $4.600M
YoY Change 6492.75%
FREE CASH FLOW
Cash From Operating Activities -$3.814M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2023 us-gaap Depreciation
Depreciation
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CY2022 us-gaap Depreciation
Depreciation
2603 usd
CY2021 us-gaap Depreciation
Depreciation
3629 usd
CY2023 WLGS Amortization Of Rightofuse Asset Finance Lease
AmortizationOfRightofuseAssetFinanceLease
7201 usd
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
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CY2023 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
220935 usd
CY2022 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
168817 usd
CY2021 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
108456 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
676760 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
233069 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
747043 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3071069 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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CY2021 us-gaap Increase Decrease In Accounts Receivable
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CY2023 us-gaap Increase Decrease In Other Receivables
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131859 usd
CY2022 us-gaap Increase Decrease In Other Receivables
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CY2023 WLGS Increase Decrease In Retention Receivables
IncreaseDecreaseInRetentionReceivables
114958 usd
CY2022 WLGS Increase Decrease In Retention Receivables
IncreaseDecreaseInRetentionReceivables
5786 usd
CY2021 WLGS Increase Decrease In Retention Receivables
IncreaseDecreaseInRetentionReceivables
-86744 usd
CY2023 us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
28591 usd
CY2022 us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
142557 usd
CY2021 us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
659 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
422256 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
226336 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-34441 usd
CY2023 WLGS Increase Decrease In Other Payables
IncreaseDecreaseInOtherPayables
77572 usd
CY2022 WLGS Increase Decrease In Other Payables
IncreaseDecreaseInOtherPayables
-12922 usd
CY2021 WLGS Increase Decrease In Other Payables
IncreaseDecreaseInOtherPayables
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CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
126764 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
637297 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2023 WLGS Increase Decrease In Interest Lease Expenses
IncreaseDecreaseInInterestLeaseExpenses
3158 usd
CY2023 WLGS Increase Decrease In Interest Elements Of Lease Payments
IncreaseDecreaseInInterestElementsOfLeasePayments
-1570 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-23821 usd
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NetCashProvidedByUsedInOperatingActivities
-3814384 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-352764 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2023 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
1436277 usd
CY2022 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
440623 usd
CY2021 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
1411310 usd
CY2023 us-gaap Proceeds From Bank Debt
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2025044 usd
CY2022 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
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CY2021 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
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CY2023 WLGS Repayment To Advance From Director
RepaymentToAdvanceFromDirector
524816 usd
CY2022 WLGS Repayment To Advance From Director
RepaymentToAdvanceFromDirector
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CY2021 WLGS Repayment To Advance From Director
RepaymentToAdvanceFromDirector
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CY2021 WLGS Repayments To Directors
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CY2021 us-gaap Repayments Of Related Party Debt
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CY2021 WLGS Advance To Holding Company
AdvanceToHoldingCompany
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CY2023 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
8350000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
4599567 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
69767 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
535382 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1010 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2111 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
609616 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
537738 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8219 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5210193 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
609616 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2023 us-gaap Interest Paid Net
InterestPaidNet
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CY2022 us-gaap Interest Paid Net
InterestPaidNet
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CY2021 us-gaap Interest Paid Net
InterestPaidNet
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CY2023 WLGS Listing Fee
ListingFee
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CY2022 WLGS Listing Fee
ListingFee
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CY2021 WLGS Listing Fee
ListingFee
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CY2023 us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2023 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
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CY2023Q4 WLGS Working Capital Deficit
WorkingCapitalDeficit
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CY2023 us-gaap Use Of Estimates
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<p id="xdx_84F_eus-gaap--UseOfEstimates_zhMCSdi0TVWj" 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 style="text-decoration: underline"><span id="xdx_863_z1YJ47cHrrLh">Use of estimates</span></span></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> <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">The preparation of the audited 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, disclosure of contingent assets and liabilities at the date of the audited consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available when the calculations are made; however, actual results could differ materially from those 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>
CY2023Q4 us-gaap Property Plant And Equipment Salvage Value Percentage
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CY2023Q4 us-gaap Short Term Debt Percentage Bearing Variable Interest Rate
ShortTermDebtPercentageBearingVariableInterestRate
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CY2023 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
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RevenueFromContractWithCustomerIncludingAssessedTax
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CY2023 us-gaap Cost Of Revenue
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CY2022 us-gaap Cost Of Revenue
CostOfRevenue
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CY2021 us-gaap Cost Of Revenue
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CY2023 us-gaap Gross Profit
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CY2022 us-gaap Gross Profit
GrossProfit
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CY2021 us-gaap Gross Profit
GrossProfit
859760 usd
CY2023 WLGS Gross Profit Margin In Percentge
GrossProfitMarginInPercentge
0.36 pure
CY2022 WLGS Gross Profit Margin In Percentge
GrossProfitMarginInPercentge
0.19 pure
CY2021 WLGS Gross Profit Margin In Percentge
GrossProfitMarginInPercentge
0.21 pure
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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189069 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
35900 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
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CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
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CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
35900 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
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CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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35900 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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ProvisionForDoubtfulAccounts
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CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
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CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
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CY2022Q4 us-gaap Contract With Customer Asset Net Current
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CY2021Q4 us-gaap Contract With Customer Asset Net Current
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ContractWithCustomerAssetAllowanceAddition
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CY2022 WLGS Contract With Customer Asset Allowance Addition
ContractWithCustomerAssetAllowanceAddition
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CY2023 WLGS Increase Decrease In Billing
IncreaseDecreaseInBilling
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CY2022 WLGS Increase Decrease In Billing
IncreaseDecreaseInBilling
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CY2023 us-gaap Accounts Receivable Change In Method Credit Loss Expense Reversal
AccountsReceivableChangeInMethodCreditLossExpenseReversal
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CY2022 us-gaap Accounts Receivable Change In Method Credit Loss Expense Reversal
AccountsReceivableChangeInMethodCreditLossExpenseReversal
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CY2023 WLGS Contract With Customer Asset Allowance For Credit Loss Exchange Adjustment
ContractWithCustomerAssetAllowanceForCreditLossExchangeAdjustment
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CY2022 WLGS Contract With Customer Asset Allowance For Credit Loss Exchange Adjustment
ContractWithCustomerAssetAllowanceForCreditLossExchangeAdjustment
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CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
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CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
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CY2022Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
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CY2021Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
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CY2023 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
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CY2022 us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
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CY2022 us-gaap Contract With Customer Asset Allowance For Credit Loss Writeoff
ContractWithCustomerAssetAllowanceForCreditLossWriteoff
104114 usd
CY2023 WLGS Contract With Customer Asset Allowance For Credit Loss Foreign Currency Translation Adjustment
ContractWithCustomerAssetAllowanceForCreditLossForeignCurrencyTranslationAdjustment
-206 usd
CY2022 WLGS Contract With Customer Asset Allowance For Credit Loss Foreign Currency Translation Adjustment
ContractWithCustomerAssetAllowanceForCreditLossForeignCurrencyTranslationAdjustment
425 usd
CY2023Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
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CY2022Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
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CY2023Q4 WLGS Retention Receivables Current Gross
RetentionReceivablesCurrentGross
117514 usd
CY2022Q4 WLGS Retention Receivables Current Gross
RetentionReceivablesCurrentGross
2237 usd
CY2023Q4 WLGS Retention Allowance For Expected Credit Loss Current
RetentionAllowanceForExpectedCreditLossCurrent
21 usd
CY2022Q4 WLGS Retention Allowance For Expected Credit Loss Current
RetentionAllowanceForExpectedCreditLossCurrent
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CY2023Q4 WLGS Retention Receivables Current Net
RetentionReceivablesCurrentNet
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CY2022Q4 WLGS Retention Receivables Current Net
RetentionReceivablesCurrentNet
2216 usd
CY2023Q4 WLGS Retention Receivables Noncurrent Gross
RetentionReceivablesNoncurrentGross
222242 usd
CY2022Q4 WLGS Retention Receivables Noncurrent Gross
RetentionReceivablesNoncurrentGross
221658 usd
CY2023Q4 WLGS Retention Allowance For Expected Credit Loss Non Current
RetentionAllowanceForExpectedCreditLossNonCurrent
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CY2022Q4 WLGS Retention Allowance For Expected Credit Loss Non Current
RetentionAllowanceForExpectedCreditLossNonCurrent
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CY2023Q4 WLGS Retention Receivables Noncurrent Net
RetentionReceivablesNoncurrentNet
220178 usd
CY2022Q4 WLGS Retention Receivables Noncurrent Net
RetentionReceivablesNoncurrentNet
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CY2022Q4 WLGS Retention Allowance For Expected Credit Loss
RetentionAllowanceForExpectedCreditLoss
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CY2022 WLGS Retention Allowance For Expected Credit Loss Expense Reversal
RetentionAllowanceForExpectedCreditLossExpenseReversal
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CY2023 WLGS Retention Allowance For Expected Credit Loss Foreign Currency Translation Adjustment
RetentionAllowanceForExpectedCreditLossForeignCurrencyTranslationAdjustment
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CY2022 WLGS Retention Allowance For Expected Credit Loss Foreign Currency Translation Adjustment
RetentionAllowanceForExpectedCreditLossForeignCurrencyTranslationAdjustment
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CY2023Q4 WLGS Retention Allowance For Expected Credit Loss
RetentionAllowanceForExpectedCreditLoss
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CY2022Q4 WLGS Retention Allowance For Expected Credit Loss
RetentionAllowanceForExpectedCreditLoss
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CY2023Q4 us-gaap Property Plant And Equipment Gross
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CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
57256 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
65565 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1812 usd
CY2023Q4 WLGS Finance Lease Obligation
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CY2023 us-gaap Operating Lease Cost
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CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
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CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0588 pure
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
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CY2023Q4 us-gaap Operating Lease Liability Current
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CY2023Q4 us-gaap Operating Lease Liability Noncurrent
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CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2023 us-gaap Operating Lease Lease Income Lease Payments
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CY2022 us-gaap Operating Lease Lease Income Lease Payments
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CY2021 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
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CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P21M15D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0588 pure
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
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CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
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CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
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CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
6058 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
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CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
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CY2023Q4 us-gaap Finance Lease Liability Noncurrent
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CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
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CY2022Q4 us-gaap Contract With Customer Liability Current
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CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
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CY2023 WLGS Contract With Customer Liability Allowance Additions
ContractWithCustomerLiabilityAllowanceAdditions
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CY2022 WLGS Contract With Customer Liability Allowance Additions
ContractWithCustomerLiabilityAllowanceAdditions
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CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
26962 usd
CY2023 WLGS Contract With Customer Liability Allowance For Credit Loss Exchange Adjustment
ContractWithCustomerLiabilityAllowanceForCreditLossExchangeAdjustment
2629 usd
CY2022 WLGS Contract With Customer Liability Allowance For Credit Loss Exchange Adjustment
ContractWithCustomerLiabilityAllowanceForCreditLossExchangeAdjustment
2464 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
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CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
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CY2023 us-gaap Interest Expense Borrowings
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CY2022 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
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CY2021 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
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CY2023Q3 us-gaap Collateralized Financings
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CY2023Q3 us-gaap Collateralized Financings
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CY2023Q4 us-gaap Common Stock Shares Outstanding
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CY2022Q4 us-gaap Common Stock Shares Outstanding
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CY2023Q4 us-gaap Common Stock Value Outstanding
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CY2022Q4 us-gaap Common Stock Value Outstanding
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CY2023Q1 us-gaap Common Stock Shares Outstanding
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CY2023Q1 us-gaap Shares Issued Price Per Share
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CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
350000 usd
CY2023Q2 WLGS Cashless Exercise Of Warrant Shares
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96331 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
2484 shares
CY2023Q4 us-gaap Defined Benefit Plan Funded Percentage
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0.05 pure
CY2018Q1 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
2000000 hkd
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
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CY2018Q1 WLGS Effective Income Tax Rate Reconciliation Flat Tax Rate
EffectiveIncomeTaxRateReconciliationFlatTaxRate
0.165 pure
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.0825 pure
CY2018Q1 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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