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Consolidated Statements of Comprehensive Income - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Net Sales $ 26,472,568 $ 32,271,647
Cost of Sales 22,920,875 27,895,798
Gross profit 3,551,693 4,375,849
Operating expenses:    
General and administrative 4,512,388 5,357,861
Selling 145,389 425,233
Advertising and marketing 349,714 546,091
Impairment of long-lived assets 1,686,929
Gain on loss of control of VIEs (218,534)
Gain on sale of assets (45,700) (93,862)
Total operating expenses 4,961,791 7,493,176
Loss from operations (1,410,098) (3,117,327)
Other (expense) income:    
Interest expense (1,269,347) (2,028,014)
Gain on forgiveness of Payroll Protection Program funding 1,047,700
Other expense (1,180,301) (679,932)
Foreign currency loss (98,707) (11,996)
Total other expense, net (1,500,655) (2,719,942)
Loss from continuing operations before taxes (2,910,753) (5,837,269)
Income tax benefit (expense) 403,074 (135,094)
Loss from continuing operations (2,507,679) (5,972,363)
Loss from discontinued operations (1,743,182) (2,102,084)
Net Loss (4,250,861) (8,074,448)
Less: Net (loss) income attributable to noncontrolling interest 138,625 (947,093)
Net loss attributable to Yunhong CTI, Ltd (4,389,486) (7,127,354)
Other Comprehensive Income (Loss)    
Foreign currency adjustment (536,300) 310,160
Comprehensive loss (4,787,161) (7,764,287)
Deemed dividends on preferred stock and amortization of beneficial conversion feature (4,380,292)
Net Loss Attributable to Yunhong CTI Ltd Common Shareholders $ (8,769,778) $ (7,127,354)
Basic income (loss) per common share    
Continuing operations (in dollars per share) $ (1.46) $ (1.31)
Discontinued operations (in dollars per share) (0.40) (0.55)
Basic income (loss) per common share (in dollars per share) (1.86) (1.86)
Diluted income (loss) per common share    
Continuing operations (in dollars per share) (1.46) (1.31)
Discontinued operations (in dollars per share) (0.40) (0.55)
Diluted income (loss) per common share (in dollars per share) $ (1.86) $ (1.86)
Weighted average number of shares and equivalent shares of common stock outstanding:    
Basic (in shares) 4,705,741 3,835,950
Diluted (in shares) 4,705,741 3,835,950