v3.25.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents (Included $590 and $1,139 in the consolidated VIE that can be used only to settle obligations of the consolidated VIE as of June 30, 2025 and December 31, 2024, respectively.) $ 215,973 $ 2,040,243
Accounts receivable, net 23,920 53,651
Inventories 36,298 46,347
Prepaid taxes 56,343 45,426
Prepayments and deposits (Included $0 and $7 in the consolidated VIE that can be used only to settle obligations of the consolidated VIE as of June 30, 2025 and December 31, 2024, respectively.) 24,008,789 586,172
Total Current Assets 24,345,513 2,776,695
NON-CURRENT ASSETS    
Property and equipment, net 16,988 31,463
Intangible assets, net 11,438 13,082
Finance lease assets 166,826 178,948
Operating right-of-use assets 158,715 224,595
Investment in marketable securities 20,195 13,737
Investment in non-marketable securities 1,500 1,500
Total Non-Current Assets 375,662 463,325
TOTAL ASSETS 24,721,175 3,240,020
CURRENT LIABILITIES    
Customer deposits 96,302 96,976
Operating lease liabilities, current 151,166 150,370
Other payables and accrued liabilities ($1,278 and $1,478 are included in the consolidated VIE that are without recourse to the credit of Agape ATP Corporation as of June 30, 2025 and December 31, 2024, respectively.) 567,105 712,436
Finance lease liabilities, current 23,554 21,635
Income tax payable 4,685 4,434
Total Current Liabilities 1,196,311 1,120,124
NON-CURRENT LIABILITIES    
Operating lease liabilities, non-current 8,394 75,425
Finance lease liabilities, non-current 109,922 115,350
Total Non-Current Liabilities 118,316 190,775
TOTAL LIABILITIES 1,314,627 1,310,899
COMMITMENTS AND CONTINGENCIES (Note 20)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.0001 par value; 200,000,000 shares authorized; None issued and outstanding
Common Stock, par value $0.0001; 500,000,000 shares authorized, 50,005,381 and 3,989,056 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively. 5,001 399
Additional paid in capital 34,237,074 11,422,708
Accumulated deficit (10,834,072) (9,518,045)
Accumulated other comprehensive income 23,249 27,852
TOTAL AGAPE ATP CORPORATION STOCKHOLDERS’ EQUITY 23,431,252 1,932,914
NON-CONTROLLING INTERESTS (24,704) (3,793)
TOTAL EQUITY 23,406,548 1,929,121
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 24,721,175 3,240,020
Nonrelated Party [Member]    
CURRENT ASSETS    
Other receivable 754 2,544
CURRENT LIABILITIES    
Accounts payable 84,658 102,798
Related Party [Member]    
CURRENT ASSETS    
Other receivable 3,436 2,312
CURRENT LIABILITIES    
Accounts payable 31,449 30,625
Other payable – related parties $ 237,392 $ 850