XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Equity - USD ($)
Total
Common Stock [Member]
Common Class A [Member]
Common Stock [Member]
Common Class B [Member]
Additional Paid-in Capital [Member]
Due From Shareholder Loan And Interest Receivable [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Treasury Stock, Common [Member]
Parent [Member]
Noncontrolling Interest [Member]
Subsidiaries [Member]
Common Stock [Member]
Balance at June 30, 2023 at Dec. 31, 2021 $ 10,052,053 $ 94,159,167 $ (94,353,522) $ (266,557) $ 16,045,231 $ 15,589,319 $ (5,537,266) $ 5,000
Balance, shares at Dec. 31, 2021               500,000
Loan to shareholder (450,681) (450,681) (450,681)
Foreign currency translation (51,203) (51,203) (51,203)
Net Income (loss) 5,803,767 5,811,057 5,811,057 (7,290)
Balance at September 30, 2023 at Mar. 31, 2022 15,353,936 94,159,167 (94,804,203) (317,760) 21,856,288 20,898,492 (5,544,556) $ 5,000
Balance, shares at Mar. 31, 2022               500,000
Balance at June 30, 2023 at Dec. 31, 2021 10,052,053 94,159,167 (94,353,522) (266,557) 16,045,231 15,589,319 (5,537,266) $ 5,000
Balance, shares at Dec. 31, 2021               500,000
Net Income (loss) 3,274,370                    
Balance at September 30, 2023 at Sep. 30, 2022 4,468,825 12,881,055 (343,277) (2,593,035) 9,949,743 (5,480,918) $ 5,000
Balance, shares at Sep. 30, 2022               500,000
Balance at June 30, 2023 at Mar. 31, 2022 15,353,936 94,159,167 (94,804,203) (317,760) 21,856,288 20,898,492 (5,544,556) $ 5,000
Balance, shares at Mar. 31, 2022               500,000
Loan to shareholder (130,197) (130,197) (130,197)
Foreign currency translation (31,199) (31,199) (31,199)
Net Income (loss) (983,831) (1,054,297) (1,054,297) 70,466
Dividend distribution (8,200,000) (81,278,112) 94,934,400 (21,856,288) (8,200,000)
Balance at September 30, 2023 at Jun. 30, 2022 6,008,709 12,881,055 (348,959) (1,054,297) 11,482,799 (5,474,090) $ 5,000
Balance, shares at Jun. 30, 2022               500,000
Foreign currency translation 5,682 5,682 5,682
Net Income (loss) (1,545,566) (1,538,738) (1,538,738) (6,828)
Balance at September 30, 2023 at Sep. 30, 2022 4,468,825 12,881,055 (343,277) (2,593,035) 9,949,743 (5,480,918) $ 5,000
Balance, shares at Sep. 30, 2022               500,000
Balance at June 30, 2023 at Dec. 31, 2022 9,364,684   $ 2,875 23,436,942   (307,200) (4,863,250) $ (3,414,713) 14,855,579 (5,490,895) $ 925
Balance, shares at Dec. 31, 2022   9,251,420 28,748,580         (1,197,649)      
Foreign currency translation 2,320     2,320 2,320
Stock based compensation related to restricted stock units 152,595   152,595   152,595
Net Income (loss) (2,972,597)     (2,971,378) (2,971,378) (1,219)
Balance at September 30, 2023 at Mar. 31, 2023 6,289,909   $ 2,875 23,589,537   (304,880) (7,834,628) $ (3,671,806) 11,782,023 (5,492,114) 925
Balance, shares at Mar. 31, 2023   9,251,420 28,748,580         (1,350,275)      
Repurchase of common stock (257,093)     $ (257,093) (257,093)
Repurchase of common stock, shares               (152,626)      
Balance at June 30, 2023 at Dec. 31, 2022 9,364,684   $ 2,875 23,436,942   (307,200) (4,863,250) $ (3,414,713) 14,855,579 (5,490,895) 925
Balance, shares at Dec. 31, 2022   9,251,420 28,748,580         (1,197,649)      
Net Income (loss) (11,490,663)                    
Balance at September 30, 2023 at Sep. 30, 2023 145,050   $ 2,875 25,945,549   (287,685) (16,346,691) $ (3,671,806) 5,643,167 (5,498,117) 925
Balance, shares at Sep. 30, 2023   9,251,420 28,748,580         (1,350,275)      
Balance at June 30, 2023 at Mar. 31, 2023 6,289,909   $ 2,875 23,589,537   (304,880) (7,834,628) $ (3,671,806) 11,782,023 (5,492,114) 925
Balance, shares at Mar. 31, 2023   9,251,420 28,748,580         (1,350,275)      
Foreign currency translation 18,707     18,707 18,707
Stock based compensation related to restricted stock units 232,770   232,770   232,770
Net Income (loss) (4,083,895)     (4,079,431) (4,079,431) (4,464)
Balance at September 30, 2023 at Jun. 30, 2023 4,344,091   $ 2,875 25,708,907   (286,173) (11,914,059) $ (3,671,806) 9,840,669 (5,496,578) 925
Balance, shares at Jun. 30, 2023   9,251,420 28,748,580         (1,350,275)      
Return of dividend distribution tax withholding payment 1,886,600   1,886,600   1,886,600
Foreign currency translation (1,512)     (1,512) (1,512)
Stock based compensation related to restricted stock units 236,642   236,642   236,642
Net Income (loss) (4,434,171)     (4,432,632) (4,432,632) (1,539)
Balance at September 30, 2023 at Sep. 30, 2023 $ 145,050   $ 2,875 $ 25,945,549   $ (287,685) $ (16,346,691) $ (3,671,806) $ 5,643,167 $ (5,498,117) $ 925
Balance, shares at Sep. 30, 2023   9,251,420 28,748,580         (1,350,275)