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Company research

TANTECH HOLDINGS LTD

CIK 1588084Updated Sep 26, 2026

TANH price & chart

Provider market data

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Financials

FY 2025 · USD
Revenue38,359,163USD · FY 2025
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

Net income-31,023,243USD · FY 2025
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

Operating income-12,204,968USD · FY 2025
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

Diluted EPS-13.64USD per share · FY 2025
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
ASSETS
AssetsUSD123,974,476
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

142,951,806
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

141,686,597
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

134,132,004
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Property, Plant and Equipment, NetUSD102,792
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

123,270
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

1,145,503
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

1,656,442
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD33,019,289
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

35,190,663
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

29,091,098
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

18,976,684
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Accounts Receivable, after Allowance for Credit Loss, CurrentUSD27,795,715
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

32,607,591
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2024-12-31

—40,174,332
Source

6-K · 2023-12-05 · 0001477932-23-008962

As of 2022-12-31

Inventory, NetUSD152,353
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

191,248
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

1,235,576
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

898,686
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Assets, CurrentUSD73,990,681
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

117,802,393
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

115,670,579
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

106,756,817
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Prepaid Expense and Other Assets, CurrentUSD2,369,422
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

1,538,014
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

187,188
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

1,051,631
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Operating Lease, Right-of-Use AssetUSD882,187
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

1,060,426
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

1,232,323
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

1,417,088
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD13,625,100
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

14,675,749
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

18,681,365
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

18,196,610
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Stockholders’ equity:
Common Stock, Value, IssuedUSD———292,299
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Retained Earnings (Accumulated Deficit)USD17,394,564
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

48,818,807
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

44,672,926
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

39,090,079
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Accumulated Other Comprehensive Income (Loss), Net of TaxUSD-10,615,141
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

-12,382,068
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

-12,464,273
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

-8,242,727
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Stockholders' Equity Attributable to ParentUSD110,349,376
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

131,307,732
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

125,717,984
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

118,084,358
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Additional Paid in Capital, Common StockUSD103,467,206
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

94,768,246
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

86,018,933
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

79,454,309
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Liabilities and EquityUSD123,974,476
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

142,951,806
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

141,686,597
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

134,132,004
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Current liabilities:
Liabilities, CurrentUSD11,226,980
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

11,755,968
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

17,608,160
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

13,540,791
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Operating Lease, Liability, CurrentUSD135,724
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

139,222
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

163,343
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

161,480
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Accounts Payable, CurrentUSD477,794
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

358
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

2,309,283
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

2,118,705
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Operating Lease, Liability, NoncurrentUSD745,120
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

919,781
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

1,073,205
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

1,259,958
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Deferred Income Tax Liabilities, NetUSD———0
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Stockholders' Equity Attributable to Noncontrolling InterestUSD0
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

-3,031,675
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

-2,712,752
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

-2,148,964
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD-31,041,659
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-3,565,285
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

5,017,546
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

2,586,196
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Adjustments to reconcile net income to net cash provided by operating activities:
Share-based Payment Arrangement, Noncash ExpenseUSD——0
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

0
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Changes in operating assets and liabilities:
Increase (Decrease) in Accounts ReceivableUSD13,057,635
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-4,854,593
Source

20-F/A · 2025-09-18 · 0001477932-25-006862

2024-01-01 to 2024-12-31

-3,508,140
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

-673,738
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Increase (Decrease) in InventoriesUSD-45,991
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-14,653
Source

20-F/A · 2025-09-18 · 0001477932-25-006862

2024-01-01 to 2024-12-31

-360,064
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

-43,811
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Increase (Decrease) in Accounts PayableUSD477,436
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-817,724
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

1,673,800
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

671,669
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Deferred Income Tax Expense (Benefit)USD-4,516,927
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

0
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

0
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

0
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-5,816,139
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

3,985,150
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

5,260,290
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

8,293,001
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Cash flows from investing activities:
Net Cash Provided by (Used in) Investing ActivitiesUSD-1,075,869
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-1,922,136
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

-2,575,483
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

-44,999,407
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Payments to Acquire Property, Plant, and EquipmentUSD0
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

80,525
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

182,988
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

79,273
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD3,424,786
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

3,469,225
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

7,429,558
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

15,292,303
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD-2,147,269
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

6,086,101
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

10,143,721
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

-24,585,370
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD33,064,064
Source

20-F · 2026-05-14 · 0001477932-26-003132

As of 2025-12-31

35,211,333
Source

20-F · 2025-05-15 · 0001477932-25-003802

As of 2024-12-31

29,125,232
Source

20-F · 2024-06-11 · 0001477932-24-003629

As of 2023-12-31

18,981,511
Source

20-F · 2023-05-01 · 0001477932-23-003017

As of 2022-12-31

Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD0
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

254,783
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

92,181
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

—
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD1,319,953
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

553,862
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

29,356
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

-3,171,267
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Additional Financial Items
Accretion ExpenseUSD—250,149
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

——
Amortization of Intangible AssetsUSD21,253
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

21,071
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

11,171
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

8,356
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

CryptoAssetRealizedGainLossNonoperatingUSD-287
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

———
DepreciationUSD18,384
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

6,519
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

291,511
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

344,852
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Derivative, Gain (Loss) on Derivative, NetUSD568,000
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-3,767,626
Source

20-F/A · 2025-09-18 · 0001477932-25-006862

2024-01-01 to 2024-12-31

——
Gain (Loss) on Disposition of BusinessUSD3,576,755
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

———
Gain (Loss) on Disposition of Property Plant EquipmentUSD-3,839
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

0
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

-472
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

6,291
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Gain (Loss) on Extinguishment of DebtUSD0
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

298,213
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

——
General and Administrative ExpenseUSD19,261,046
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

4,868,544
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

7,642,565
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

5,013,933
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Goodwill and Intangible Asset ImpairmentUSD———0
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD-30,980,233
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-2,486,751
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

——
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD-61,426
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-1,078,534
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

——
Income Tax Expense (Benefit)USD-2,524,221
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

3,111,047
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

2,364,489
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

3,141,969
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Induced Conversion of Convertible Debt ExpenseUSD—2,060,000
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

438,000
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

—
Net Income (Loss) Attributable to ParentUSD-31,023,243
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-3,565,285
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

——
Net Income (Loss) Attributable to Noncontrolling InterestUSD-18,416
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-323,515
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

-565,301
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

-434,873
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Net Income (Loss) Available to Common Stockholders, BasicUSD-31,424,243
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-3,241,770
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

5,582,847
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

3,021,069
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Nonoperating Income (Expense)USD———1,155,402
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Operating ExpensesUSD19,346,495
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

4,958,565
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

8,341,938
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

5,519,775
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Operating Lease, ExpenseUSD———420,235
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Other Nonoperating Income (Expense)USD-21,299,486
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-3,360,022
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

5,549,970
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

60,031
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Proceeds from Issuance of Common StockUSD—1,722,500
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

5,834,325
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

10,120,400
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Total RevenueUSD38,359,163
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

42,940,136
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

47,318,420
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

53,490,294
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Cost of Goods and Services Sold————
Operating Income (Loss)USD-12,204,968
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

3,984,318
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

1,832,065
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

4,572,763
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Other Nonoperating Income (Expense)USD-21,299,486
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-3,360,022
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

5,549,970
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

60,031
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD-33,504,454
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

624,296
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

7,382,035
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

5,728,165
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Income Tax Expense (Benefit)USD-2,524,221
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

3,111,047
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

2,364,489
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

3,141,969
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Net Income (Loss) Attributable to Noncontrolling InterestUSD-18,416
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-323,515
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

-565,301
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

-434,873
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Net Income (Loss) Attributable to ParentUSD-31,023,243
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-3,565,285
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

——
Earnings Per Share, BasicUSD per share-13.64
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-7.66
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

2.02
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

3.03
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Earnings Per Share, DilutedUSD per share-13.64
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-7.66
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

2.02
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

3
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Weighted Average Number of Shares Outstanding, Basicshares2,303,740
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

423,174
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

2,767,449
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

996,934
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares2,303,740
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

423,174
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

2,767,449
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

1,006,169
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Additional Financial Items
Amortization of Intangible AssetsUSD21,253
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

21,071
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

11,171
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

8,356
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

CryptoAssetRealizedGainLossNonoperatingUSD-287
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

———
Current Income Tax Expense (Benefit)USD1,992,706
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

3,111,047
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

2,364,489
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

3,141,969
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

General and Administrative ExpenseUSD19,261,046
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

4,868,544
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

7,642,565
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

5,013,933
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Gross ProfitUSD7,141,527
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

8,942,883
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

10,174,003
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

10,092,538
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD-30,980,233
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-2,486,751
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

——
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD-61,426
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-1,078,534
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

——
Interest ExpenseUSD279,564
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

290,366
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

421,085
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

602,037
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Interest Income, OtherUSD348,130
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

43,157
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

49,761
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

208,142
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Net Income (Loss) Available to Common Stockholders, BasicUSD-31,424,243
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

-3,241,770
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

5,582,847
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

3,021,069
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Nonoperating Income (Expense)USD———1,155,402
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Operating ExpensesUSD19,346,495
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

4,958,565
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

8,341,938
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

5,519,775
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Operating Lease, ExpenseUSD———420,235
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Other ExpensesUSD182,200
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

136,063
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

505,939
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

—
Preferred Stock Dividends and Other AdjustmentsUSD401,000
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

———
Research and Development ExpenseUSD78,570
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

38,800
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

471,194
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

227,829
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Selling ExpenseUSD6,879
Source

20-F · 2026-05-14 · 0001477932-26-003132

2025-01-01 to 2025-12-31

51,221
Source

20-F · 2025-05-15 · 0001477932-25-003802

2024-01-01 to 2024-12-31

228,179
Source

20-F · 2024-06-11 · 0001477932-24-003629

2023-01-01 to 2023-12-31

278,013
Source

20-F · 2023-05-01 · 0001477932-23-003017

2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.