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Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 21,857,125 $ 18,025,966
Short-term investments 9,922,366 4,428,446
Accounts receivable, net 29,318 36,835
Advances to suppliers, net 2,789 10,986
Inventories, net 987 51,423
Prepayments and other current assets, net 127,834 1,158,867
Current assets held for sale associated with discontinued operation of Tiandihui 1,841,335 7,355,317
Total current assets 33,781,754 31,067,840
NON-CURRENT ASSETS    
Property, plant and equipment, net 698,044 781,670
Intangible assets, net 481,840 535,632
Operating lease right-of-use assets 783,658 4,604,365
Non-current assets held for sale associated with discontinued operation of Tiandihui 768,101 879,253
Total non-current assets 2,731,643 6,800,920
Total assets 36,513,397 37,868,760
CURRENT LIABILITIES:    
Accounts payable 491,850 506,881
Accounts payable - related parties 1,033  
Advances from customers 11,024 16,959
Bank overdrafts 74,425 79,851
Short-term loans - related parties 266,451 285,878
Taxes payable 11,923 24,077
Due to related parties 55,747 36,410
Operating lease liabilities, current 212,814 268,403
Other current liabilities 1,212,420 533,668
Current liabilities held for sale associated with discontinued operation of Tiandihui 12,337,657 17,898,674
Total current liabilities 14,675,344 19,650,801
NON-CURRENT LIABILITIES:    
Operating lease liabilities, non-current 683,113 4,846,760
Non-current liabilities held for sale associated with discontinued operation of Tiandihui 1,037 1,132
Total liabilities 15,359,494 24,498,693
SHAREHOLDERS’ EQUITY :    
Common shares ($0.02 par value; 50,000,000 shares authorized; 10,323,268 and 5,218,681 shares issued and outstanding at December 31, 2022, and 2021, respectively)* [1] 206,465 104,374
Additional paid-in capital 48,089,439 42,151,658
Statutory reserves 160,014 160,014
Accumulated deficit (28,165,927) (28,969,627)
Accumulated other comprehensive income (loss) 428,249 (460,702)
Total TDH Holdings, Inc. shareholders’ equity 20,718,240 12,985,717
Non-controlling interest 435,663 384,350
Total shareholders’ equity 21,153,903 13,370,067
Total liabilities and shareholders’ equity $ 36,513,397 $ 37,868,760
[1] Retrospectively restated to reflect the one-for-twenty reverse split dated on June 14, 2022