10-Q
Quarterly Report
AGAPE ATP CORPORATION
ATPC
NASDAQ
CIK: 1713210
File #: 001-41835
Balance Sheet
64 line items · 2 periods
XBRL
| Item | Jun 30, 2024 | Dec 31, 2023 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and cash equivalents | 3,160,984 | 4,832,460 |
Variable Interest Entity, Primary Beneficiary | 1,700 | 122 |
Accounts Receivable | 41,659 | 55,458 |
Nonrelated Party | 1,895 | 435 |
Related Party | 4,057 | 11,093 |
Inventory | 53,443 | 47,907 |
Other Non-Operating Current Assets | 25,415 | 21,993 |
Variable Interest Entity, Primary Beneficiary | 0 | 1,670 |
Other Non-Operating Current Assets | 540,821 | 215,806 |
Variable Interest Entity, Primary Beneficiary | 28 | 7 |
Total Current Assets | 3,828,274 | 5,185,152 |
Variable Interest Entity, Primary Beneficiary | 1,728 | 1,799 |
NON-CURRENT ASSETS | ||
Property, Plant and Equipment | 53,990 | 77,858 |
Intangible Assets | 14,640 | 17,458 |
Other Non-Operating Non-Current Assets | 75,543 | 86,335 |
Operating Lease Right-of-Use Asset | 281,256 | 357,301 |
Other Non-Operating Non-Current Assets | 14,698 | 20,171 |
Deferred Tax Assets, Non-Current | — | 219 |
Total Non-Current Assets | 440,127 | 559,342 |
TOTAL ASSETS | 4,268,401 | 5,744,494 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
CURRENT LIABILITIES | ||
Nonrelated Party | 27,244 | 55,585 |
Related Party | 25,217 | 34,848 |
CTA Nutriceuticals Sdn Bhd | 25,141 | 30,439 |
DSY Beauty Sdn Bhd | 76 | 54 |
DSY Wellness International Sdn. Bhd. | — | 4,355 |
Other Current Liabilities | 86,204 | 101,575 |
Health and Wellness Services | 12,171 | — |
Operating Lease Liability, Current | 139,633 | 138,548 |
Other Non-Operating Current Liabilities | 507,055 | 726,061 |
Variable Interest Entity, Primary Beneficiary | 1,384 | 899 |
Related Party | 482 | 7,846 |
Variable Interest Entity, Primary Beneficiary | 159 | — |
Variable Interest Entity, Primary Beneficiary - Related Party | 159 | 0 |
Short-Term Debt | 8,236 | 7,075 |
Taxes Payable | 16,292 | — |
Total Current Liabilities | 810,363 | 1,071,538 |
Variable Interest Entity, Primary Beneficiary | 1,543 | 899 |
NON-CURRENT LIABILITIES | ||
Operating Lease Liability, Non-Current | 143,012 | 219,530 |
Long-Term Debt | 66,475 | 72,563 |
Total Non-Current Liabilities | 209,487 | 292,093 |
TOTAL LIABILITIES | 1,019,850 | 1,363,631 |
STOCKHOLDERS’ EQUITY | ||
Total Stockholders' Equity | 7,698 | 7,711 |
Total Stockholders' Equity | 11,385,409 | 11,378,743 |
Treasury Stock, par value $0.0001; 0 and 135,300 shares as of June 30, 2024 and December 31, 2023, respectively. | — | 14 |
Total Stockholders' Equity | (8,199,977) | (7,047,571) |
Total Stockholders' Equity | 26,887 | 30,215 |
TOTAL AGAPE ATP CORPORATION STOCKHOLDERS’ EQUITY | 3,220,017 | 4,369,084 |
Variable Interest Entity, Primary Beneficiary | 185 | 900 |
Noncontrolling Interest | 28,534 | 11,779 |
TOTAL EQUITY | 3,248,551 | 4,380,863 |
Common Stock | 7,698 | 7,711 |
Treasury Stock, Common | — | (14) |
Additional Paid-in Capital | 11,385,409 | 11,378,743 |
Retained Earnings | (8,199,977) | (7,047,571) |
AOCI Attributable to Parent | 26,887 | 30,215 |
Noncontrolling Interest | 28,534 | 11,779 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | 4,268,401 | 5,744,494 |