Takung art co., ltd. (TKAT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Revenue
Listing fee

284

3,907

5,572

10,914

4,834

1,774

-

-

Commission

2,438

3,818

-

-

-

-

-

-

Commission

-

-

6,112

5,416

6,145

2,832

-

-

Authorized agent subscription revenue

0

191

0

1,049

239

0

-

-

Management fee

450

569

1,235

-

-

-

-

-

Online art sales

-

-

0

-

-

-

-

-

Management fee

-

-

-

1,761

115

113

-

-

Online artwork sales

0

8

-

-

-

-

-

-

Annual fee

0

0

1

1

1

0

-

-

Total revenue

3,173

8,495

12,922

19,143

11,335

4,719

358

0

Cost of revenue

1,861

2,578

1,247

1,129

805

434

153

-

Gross profit

1,311

5,916

11,675

18,014

10,530

4,285

205

-

Operating expenses
General and administrative expenses

4,662

11,324

12,111

7,299

3,078

1,701

205

-

Selling expenses

301

898

1,395

2,272

584

904

-

-

Impairment loss

0

352

0

-

-

-

-

-

Research and development

-

-

-

-

-

-

-

182

Selling, general, and administrative

-

-

-

-

-

-

-

150

Total operating expenses

4,963

12,575

13,506

9,571

3,662

2,605

-

333

Loss from operations

-3,652

-6,658

-1,831

8,442

6,867

1,679

-0

-333

Other income and expenses:
Other (expenses) income

-63

457

576

416

14

2

-

-

Loan interest expense

57

573

600

202

0

-

-

-

Exchange loss

-246

-1,337

1,136

-516

-163

-

-

-

Grant from National Institute of Health

-

-

-

-

-

-

-

0

Interest income

-

-

-

-

-

-

-

0

Interest (expense)

-

-

-

-

-

-

-

1

Total other loss

-367

-1,453

1,112

-302

-149

-

-

-1

Other income

-

-

-

-

-

-

0

-

Loss before income tax expense

-4,019

-8,111

-718

8,140

6,718

1,681

-0

-

Income taxes (expense) benefit

73

-479

342

1,769

1,282

312

3

-

NET LOSS BEFORE INCOME TAXES

-

-

-

-

-

-

-

-334

PROVISION FOR INCOME TAXES

-

-

-

-

-

-

-

0

Net loss

-4,092

-7,631

-1,061

6,370

5,436

1,369

-3

-335

Foreign currency translation adjustment

29

17

763

-1,082

-1

0

-0

-

Comprehensive loss

-4,063

-7,614

-298

5,288

5,434

1,370

-4

-

Loss per common stock - basic

-0.36

-0.68

-0.10

0.60

0.57

0.16

-

-

Loss per common stock - diluted

-0.36

-0.68

-0.10

0.56

0.56

0.16

-

-

Weighted average number of common shares outstanding -basic

11,246

11,218

11,077

10,641

9,601

8,583

-

-

Weighted average number of common shares outstanding -diluted

11,246

11,218

11,077

11,309

9,656

8,583

-

22,789

Earnings per common share - basic and diluted (in dollars per share)

-

-

-

-

-

-

0.00

-0.01

Weighted average number of common shares outstanding - basic and diluted (in shares)

-

-

-

-

-

-

209,976

-