10-Q
Quarterly Report
AGAPE ATP CORPORATION
ATPC
NASDAQ
CIK: 1713210
File #: 001-41835
Balance Sheet
63 line items · 2 periods
XBRL
| Item | Sep 30, 2024 | Dec 31, 2023 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and cash equivalents | 2,719,033 | 4,832,460 |
Variable Interest Entity, Primary Beneficiary | 1,294 | 122 |
Accounts Receivable | 41,944 | 55,458 |
Nonrelated Party | 1,432 | 435 |
Related Party | 2,460 | 11,093 |
Inventory | 60,564 | 47,907 |
Other Non-Operating Current Assets | 34,101 | 21,993 |
Variable Interest Entity, Primary Beneficiary | 0 | 1,670 |
Other Non-Operating Current Assets | 539,701 | 215,806 |
Variable Interest Entity, Primary Beneficiary | 20 | 7 |
Total Current Assets | 3,399,235 | 5,185,152 |
Variable Interest Entity, Primary Beneficiary | 1,314 | 1,799 |
NON-CURRENT ASSETS | ||
Property, Plant and Equipment | 47,508 | 77,858 |
Intangible Assets | 15,413 | 17,458 |
Other Non-Operating Non-Current Assets | 205,220 | 86,335 |
Operating Lease Right-of-Use Asset | 282,734 | 357,301 |
Other Non-Operating Non-Current Assets | 12,084 | 20,171 |
Investment in non-marketable securities | 1,500 | — |
Deferred Tax Assets, Non-Current | — | 219 |
Total Non-Current Assets | 564,459 | 559,342 |
TOTAL ASSETS | 3,963,694 | 5,744,494 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
CURRENT LIABILITIES | ||
Nonrelated Party | 83,309 | 55,585 |
Related Party | 27,183 | 34,848 |
CTA Nutriceuticals Sdn Bhd | 27,183 | 30,439 |
DSY Beauty Sdn Bhd | — | 54 |
Mr. Chew Yi Zheng | — | 4,355 |
Other Current Liabilities | 94,887 | 101,575 |
Health and Wellness Services | 10,258 | — |
Operating Lease Liability, Current | 161,999 | 138,548 |
Other Non-Operating Current Liabilities | 540,896 | 726,061 |
Variable Interest Entity, Primary Beneficiary | 1,153 | 899 |
Related Party | 769 | 7,846 |
Short-Term Debt | 23,085 | 7,075 |
Taxes Payable | 14,764 | — |
Total Current Liabilities | 946,892 | 1,071,538 |
Variable Interest Entity, Primary Beneficiary | 1,153 | 899 |
NON-CURRENT LIABILITIES | ||
Operating Lease Liability, Non-Current | 122,250 | 219,530 |
Long-Term Debt | 130,927 | 72,563 |
Total Non-Current Liabilities | 253,177 | 292,093 |
TOTAL LIABILITIES | 1,200,069 | 1,363,631 |
STOCKHOLDERS’ EQUITY | ||
Total Stockholders' Equity | 399 | 386 |
Total Stockholders' Equity | 11,422,708 | 11,386,055 |
Treasury Stock, par value $0.0001; 0 and 6,765 shares as of September 30, 2024 and December 31, 2023, respectively. | — | 1 |
Total Stockholders' Equity | (8,709,605) | (7,047,571) |
Total Stockholders' Equity | 34,111 | 30,215 |
TOTAL AGAPE ATP CORPORATION STOCKHOLDERS’ EQUITY | 2,747,613 | 4,369,084 |
Variable Interest Entity, Primary Beneficiary | 161 | 900 |
Noncontrolling Interest | 16,012 | 11,779 |
TOTAL EQUITY | 2,763,625 | 4,380,863 |
Common Stock | 399 | 386 |
Treasury Stock, Common | — | (1) |
Additional Paid-in Capital | 11,422,708 | 11,386,055 |
Retained Earnings | (8,709,605) | (7,047,571) |
AOCI Attributable to Parent | 34,111 | 30,215 |
Noncontrolling Interest | 16,012 | 11,779 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | 3,963,694 | 5,744,494 |