v3.25.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
REVENUE $ 465,499 $ 313,039 $ 754,536 $ 631,682
COST OF REVENUE (256,559) (119,478) (389,310) (234,701)
GROSS PROFIT 208,940 193,561 365,226 396,981
SELLING (62,539) (38,008) (125,591) (88,356)
COMMISSION (16,019) (7,335) (23,964) (16,679)
GENERAL AND ADMINISTRATIVE (767,343) (601,803) (1,573,036) (1,469,070)
TOTAL OPERATING EXPENSES (845,901) (647,146) (1,722,591) (1,574,105)
LOSS FROM OPERATIONS (636,961) (453,585) (1,357,365) (1,177,124)
OTHER INCOME (EXPENSES)        
Other income, net 6,387 18,355 12,002 22,497
Interest income 153 19,332 3,416 42,141
Unrealized holding gain (loss) on marketable securities 7,748 (6,639) 6,652 (5,466)
Exchange (loss) gain, net (573) 62 (870) (780)
TOTAL OTHER INCOME, NET 13,715 31,110 21,200 58,392
LOSS BEFORE INCOME TAXES (623,246) (422,475) (1,336,165) (1,118,732)
INCOME TAX EXPENSE (9,840) (16,678)
NET LOSS (623,246) (432,315) (1,336,165) (1,135,410)
LESS: NET (LOSS) INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS (6,168) 10,384 (20,138) 16,997
NET LOSS ATTRIBUTABLE TO AGAPE ATP CORPORATION (617,078) (442,699) (1,316,027) (1,152,407)
OTHER COMPREHENSIVE LOSS        
Foreign currency translation adjustment (1,394) (1,777) (4,603) (3,328)
TOTAL COMPREHENSIVE LOSS (624,640) (434,092) (1,340,768) (1,138,738)
Less: Comprehensive (loss) income attributable to non-controlling interests (6,951) 10,444 (20,911) 16,755
COMPREHENSIVE LOSS ATTRIBUTABLE TO AGAPE ATP CORPORATION $ (617,689) $ (444,536) $ (1,319,857) $ (1,155,493)
LOSS PER SHARE*        
Basic [1] $ (0.01) $ (0.12) $ (0.04) $ (0.30)
Diluted [1] $ (0.01) $ (0.12) $ (0.04) $ (0.30)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING*        
Basic [1] 50,005,381 3,848,480 29,924,786 3,849,337
Diluted [1] 50,005,381 3,848,480 29,924,786 3,849,337
[1] Weighted average number of common shares outstanding have been adjusted on a retroactive basis to reflect 1-for-20 reverse stock split effective on August 30, 2024.