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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Oct. 31, 2022
Jul. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 1,871,009 $ 1,750,137
Accounts receivable – a third party 100,000
Accounts receivable – a related party 762,000 762,000
Deposits 86,000 141,000
Investment in trading securities 58,245 33,346
Due from a related party 98,500
Due from buyers of Leaping Group Corporation (“LGC”) 2,712,740 2,654,767
Prepaid expenses and other current assets 660,000 651,210
Total current assets 6,348,494 5,992,460
Long-term investment 426,294 335,000
Property and equipment, net 264,184 272,700
Intangible assets, net 133,331 153,331
Right-of- use assets, net 1,389,613 1,383,464
TOTAL ASSETS 8,561,916 8,136,955
CURRENT LIABILITIES    
Accounts payable 482 482
Deferred revenue 70,000 90,785
Accrued expenses and other current liabilities 2,712,500 2,274,771
Operating lease liabilities, current 523,532 433,061
Total current liabilities 3,306,514 2,799,099
Operating lease liabilities, noncurrent 946,265 985,249
TOTAL LIABILITIES 4,252,779 3,784,348
Commitments
EQUITY    
Ordinary shares, $0.001 par value, 100,000,000,000 shares authorized, 9,627,452 shares and 9,627,452 shares issued and outstanding as of October 31, 2022 and July 31, 2022, respectively 9,627 9,627
Additional paid-in capital 29,196,350 29,496,350
Statutory reserve 355,912 355,912
Accumulated deficit (25,252,752) (25,140,237)
Total ATIF Holdings Limited Stockholders’ equity 4,309,137 4,721,652
Noncontrolling interest (369,045)
TOTAL LIABILITIES AND EQUITY $ 8,561,916 $ 8,136,955