10-K
Annual Report
AGAPE ATP CORPORATION
ATPC
NASDAQ
CIK: 1713210
File #: 333-220144
Balance Sheet
62 line items · 2 periods
XBRL
| Item | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and cash equivalents | 4,832,460 | 1,438,430 |
Variable Income Interest Rate | 122 | 1,609 |
Accounts Receivable | 55,458 | 2,826 |
Nonrelated Party | 435 | 4,540 |
Related Party | 11,093 | 10,534 |
Inventory | 47,907 | 46,277 |
Other Non-Operating Current Assets | 21,993 | 339,367 |
Variable Income Interest Rate | 1,670 | 1,741 |
Other Non-Operating Current Assets | 215,806 | 186,560 |
Variable Income Interest Rate | 7 | — |
Total Current Assets | 5,185,152 | 2,028,534 |
Variable Income Interest Rate | 1,799 | 3,350 |
OTHER ASSETS | ||
Property, Plant and Equipment | 77,858 | 142,149 |
Intangible Assets | 17,458 | 24,044 |
Finance lease assets | 86,335 | — |
Operating Lease Right-of-Use Asset | 357,301 | 81,133 |
Other Non-Operating Non-Current Assets | 20,171 | 16,687 |
Other Non-Current Assets | — | 499,202 |
Deferred Tax Assets, Non-Current | 219 | — |
Total other assets | 559,342 | 763,215 |
TOTAL ASSETS | 5,744,494 | 2,791,749 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
CURRENT LIABILITIES | ||
Nonrelated Party | 55,585 | 28,833 |
Related Party | 34,848 | 25,611 |
CTA Nutriceuticals Sdn Bhd | 30,439 | 25,387 |
DSY Beauty Sdn Bhd | 54 | 224 |
DSY Wellness International Sdn. Bhd. | 4,355 | — |
Other Current Liabilities | 101,575 | 363,018 |
Operating Lease Liability, Current | 138,548 | 82,708 |
Other Non-Operating Current Liabilities | 726,061 | 713,277 |
Variable Income Interest Rate | 899 | 1,090 |
Related Party | 7,846 | 4,880 |
Short-Term Debt | 7,075 | — |
Taxes Payable | — | 10,968 |
Total Current Liabilities | 1,071,538 | 1,229,295 |
Variable Income Interest Rate | 899 | 43,512 |
NON-CURRENT LIABILITIES | ||
Operating Lease Liability, Non-Current | 219,530 | — |
Long-Term Debt | 72,563 | — |
Total Non-current Liabilities | 292,093 | — |
TOTAL LIABILITIES | 1,363,631 | 1,229,295 |
STOCKHOLDERS’ EQUITY | ||
Total Stockholders' Equity | 7,711 | 7,545 |
Total Stockholders' Equity | 11,378,743 | 6,470,716 |
Treasury Stock, par value $0.0001; 135,300 and 0 shares as of December 31, 2023 and 2022, respectively. | 14 | — |
Total Stockholders' Equity | (7,047,571) | (4,945,586) |
Total Stockholders' Equity | 30,215 | 9,266 |
TOTAL AGAPE CORPORATION STOCKHOLDERS’ EQUITY | 4,369,084 | 1,541,941 |
Variable Income Interest Rate | 900 | (40,162) |
Noncontrolling Interest | 11,779 | 20,513 |
TOTAL EQUITY | 4,380,863 | 1,562,454 |
Common Stock | 7,711 | 7,545 |
Treasury Stock, Common | (14) | — |
Additional Paid-in Capital | 11,378,743 | 6,470,716 |
Retained Earnings | (7,047,571) | (4,945,586) |
AOCI Attributable to Parent | 30,215 | 9,266 |
Noncontrolling Interest | 11,779 | 20,513 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | 5,744,494 | 2,791,749 |