10-Q
Quarterly Report
AGAPE ATP CORPORATION
ATPC
NASDAQ
CIK: 1713210
File #: 001-41835
Balance Sheet
64 line items · 2 periods
XBRL
| Item | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and cash equivalents | 3,580,526 | 4,832,460 |
Variable Interest Entity, Primary Beneficiary | 118 | 122 |
Accounts Receivable | 37,660 | 55,458 |
Nonrelated Party | 424 | 435 |
Related Party | 5,094 | 11,093 |
Inventory | 56,881 | 47,907 |
Other Non-Operating Current Assets | 24,195 | 21,993 |
Variable Interest Entity, Primary Beneficiary | 1,624 | 1,670 |
Other Non-Operating Current Assets | 568,043 | 215,806 |
Variable Interest Entity, Primary Beneficiary | 39 | 7 |
Total Current Assets | 4,272,823 | 5,185,152 |
Variable Interest Entity, Primary Beneficiary | 1,781 | 1,799 |
NON-CURRENT ASSETS | ||
Property, Plant and Equipment | 63,080 | 77,858 |
Intangible Assets | 15,799 | 17,458 |
Finance lease assets | 79,698 | 86,335 |
Operating Lease Right-of-Use Asset | 314,390 | 357,301 |
Other Non-Operating Non-Current Assets | 21,306 | 20,171 |
Deferred Tax Assets, Non-Current | — | 219 |
Total Non-Current Assets | 494,273 | 559,342 |
TOTAL ASSETS | 4,767,096 | 5,744,494 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
CURRENT LIABILITIES | ||
Nonrelated Party | 43,972 | 55,585 |
Related Party | 14,131 | 34,848 |
CTA Nutriceuticals Sdn Bhd | 14,067 | 30,439 |
DSY Beauty Sdn Bhd | 63 | 54 |
DSY Wellness International Sdn. Bhd. | — | 4,355 |
Other Current Liabilities | 98,263 | 101,575 |
Health and Wellness Services | 11,879 | — |
Operating Lease Liability, Current | 137,134 | 138,548 |
Other Non-Operating Current Liabilities | 535,254 | 726,061 |
Variable Interest Entity, Primary Beneficiary | 1,128 | 899 |
Related Party | 837 | 7,846 |
Variable Interest Entity, Primary Beneficiary | 42 | — |
Variable Interest Entity, Primary Beneficiary - Related Party | 42 | 0 |
Short-Term Debt | 8,055 | 7,075 |
Taxes Payable | 6,647 | — |
Total Current Liabilities | 844,293 | 1,071,538 |
Variable Interest Entity, Primary Beneficiary | 1,170 | 899 |
NON-CURRENT LIABILITIES | ||
Operating Lease Liability, Non-Current | 178,391 | 219,530 |
Long-Term Debt | 68,496 | 72,563 |
Total Non-current Liabilities | 246,887 | 292,093 |
TOTAL LIABILITIES | 1,091,180 | 1,363,631 |
STOCKHOLDERS’ EQUITY | ||
Total Stockholders' Equity | 7,697 | 7,711 |
Total Stockholders' Equity | 11,378,743 | 11,378,743 |
Treasury Stock, par value $0.0001; 0 and 135,300 shares as of March 31, 2024 and December 31, 2023, respectively. | — | 14 |
Total Stockholders' Equity | (7,757,278) | (7,047,571) |
Total Stockholders' Equity | 28,664 | 30,215 |
TOTAL AGAPE ATP CORPORATION STOCKHOLDERS’ EQUITY | 3,657,826 | 4,369,084 |
Variable Interest Entity, Primary Beneficiary | 611 | 900 |
Noncontrolling Interest | 18,090 | 11,779 |
TOTAL EQUITY | 3,675,916 | 4,380,863 |
Common Stock | 7,697 | 7,711 |
Treasury Stock, Common | — | (14) |
Additional Paid-in Capital | 11,378,743 | 11,378,743 |
Retained Earnings | (7,757,278) | (7,047,571) |
AOCI Attributable to Parent | 28,664 | 30,215 |
Noncontrolling Interest | 18,090 | 11,779 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | 4,767,096 | 5,744,494 |