General and Administrative Expense of Fortune Valley Treasures, Inc. from 31 May 2014 to 30 Jun 2024

Taxonomy & unit
us-gaap: USD
Description
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.
Summary
Fortune Valley Treasures, Inc. quarterly and annual General and Administrative Expense in USD history and change rate from 31 May 2014 to 30 Jun 2024.
  • Fortune Valley Treasures, Inc. General and Administrative Expense for the quarter ending 30 Jun 2024 was $804,228, a 22% decline year-over-year.
  • Fortune Valley Treasures, Inc. General and Administrative Expense for the twelve months ending 30 Jun 2024 was $5,496,590, a 5.1% decline year-over-year.
  • Fortune Valley Treasures, Inc. annual General and Administrative Expense for 2023 was $5,636,052, a 20% increase from 2022.
  • Fortune Valley Treasures, Inc. annual General and Administrative Expense for 2022 was $4,685,932, a 124% increase from 2021.
  • Fortune Valley Treasures, Inc. annual General and Administrative Expense for 2021 was $2,095,488, a 140% increase from 2020.
Source SEC data
View on sec.gov
General and Administrative Expense, Trailing 12 Months (USD)
General and Administrative Expense, Quarterly (USD)
General and Administrative Expense, YoY Quarterly Change (%)
General and Administrative Expense, Annual (USD)
General and Administrative Expense, YoY Annual Change (%)

Fortune Valley Treasures, Inc. Quarterly General and Administrative Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q2 2024 $5,496,590 $804,228 -$223,344 -22% 01 Apr 2024 30 Jun 2024 10-Q 14 Aug 2024 2024 Q2
Q1 2024 $5,719,934 $1,035,277 +$83,882 +8.8% 01 Jan 2024 31 Mar 2024 10-Q 20 May 2024 2024 Q1
Q4 2023 $5,636,052 $2,133,487 -$1,205,371 -36% 01 Oct 2023 31 Dec 2023 10-K 15 Apr 2024 2023 FY
Q3 2023 $6,841,423 $1,523,598 +$1,051,467 +223% 01 Jul 2023 30 Sep 2023 10-Q 13 Nov 2023 2023 Q3
Q2 2023 $5,789,956 $1,027,572 +$679,915 +196% 01 Apr 2023 30 Jun 2023 10-Q 14 Aug 2024 2024 Q2
Q1 2023 $5,110,041 $951,395 +$424,109 +80% 01 Jan 2023 31 Mar 2023 10-Q 20 May 2024 2024 Q1
Q4 2022 $4,685,932 $3,338,858 +$2,674,747 +403% 01 Oct 2022 31 Dec 2022 10-K 15 Apr 2024 2023 FY
Q3 2022 $2,011,185 $472,131 -$27,797 -5.6% 01 Jul 2022 30 Sep 2022 10-Q 13 Nov 2023 2023 Q3
Q2 2022 $2,038,982 $347,657 -$102,215 -23% 01 Apr 2022 30 Jun 2022 10-Q 14 Aug 2023 2023 Q2
Q1 2022 $2,141,197 $527,286 +$45,709 +9.5% 01 Jan 2022 31 Mar 2022 10-Q 15 May 2023 2023 Q1
Q4 2021 $2,095,488 $664,111 +$212,669 +47% 01 Oct 2021 31 Dec 2021 10-K 31 Mar 2023 2022 FY
Q3 2021 $1,882,819 $499,928 +$316,357 +172% 01 Jul 2021 30 Sep 2021 10-Q 14 Nov 2022 2022 Q3
Q2 2021 $1,566,462 $449,872 +$322,241 +252% 01 Apr 2021 30 Jun 2021 10-Q 12 Aug 2022 2022 Q2
Q1 2021 $1,244,221 $481,577 +$370,716 +334% 01 Jan 2021 31 Mar 2021 10-Q 16 May 2022 2022 Q1
Q4 2020 $873,505 $451,442 01 Oct 2020 31 Dec 2020 10-K 01 Apr 2022 2021 FY
Q3 2020 $183,571 +$85,088 +86% 01 Jul 2020 30 Sep 2020 10-Q 15 Nov 2021 2021 Q3
Q2 2020 $127,631 01 Apr 2020 30 Jun 2020 10-Q 13 Aug 2021 2021 Q2
Q1 2020 $110,861 +$63,622 +135% 01 Jan 2020 31 Mar 2020 10-Q 14 May 2021 2021 Q1
Q3 2019 $98,483 01 Jul 2019 30 Sep 2019 10-Q/A 15 Nov 2021 2020 Q3
Q1 2019 $47,239 -$55,380 -54% 01 Jan 2019 31 Mar 2019 10-Q 15 May 2019 2019 Q1
Q1 2018 $102,619 +$54,052 +111% 01 Jan 2018 31 Mar 2018 10-Q 15 May 2019 2019 Q1
Q4 2017 $49,490 +$30,936 +167% 01 Sep 2017 31 Dec 2017 10-QT 27 Mar 2018 2017 Q1
Q2 2017 $88,799 $17,588 +$3,379 +24% 01 Mar 2017 31 May 2017 10-Q 16 Jun 2017 2017 Q3
Q1 2017 $85,420 $48,567 +$44,526 +1102% 01 Jan 2017 31 Mar 2017 10-Q 21 May 2018 2018 Q1
Q4 2016 $40,894 $18,554 -$6,571 -26% 01 Sep 2016 30 Nov 2016 10-Q 02 Mar 2017 2017 Q1
Q3 2016 $47,465 $4,090 -$5,791 -59% 01 Jun 2016 31 Aug 2016 10-K 24 Nov 2017 2017 FY
Q2 2016 $53,256 $14,209 -$442 -3% 01 Mar 2016 31 May 2016 10-Q 16 Jun 2017 2017 Q3
Q1 2016 $53,698 $4,041 -$6,847 -63% 01 Dec 2015 29 Feb 2016 10-Q 19 Apr 2017 2017 Q2
Q4 2015 $60,545 $25,125 +$14,955 +147% 01 Sep 2015 30 Nov 2015 10-Q 02 Mar 2017 2017 Q1
Q3 2015 $45,590 $9,881 01 Jun 2015 31 Aug 2015 10-K/A 17 Feb 2017 2016 FY
Q2 2015 $14,651 +$14,410 01 Mar 2015 31 May 2015 10-Q 15 Jul 2016 2016 Q3
Q1 2015 $10,888 01 Dec 2014 28 Feb 2015 10-Q 14 Apr 2016 2016 Q2
Q4 2014 $10,170 01 Sep 2014 30 Nov 2014 10-Q 12 Jan 2016 2016 Q1
Q2 2014 $241* 01 Mar 2014 31 May 2014 10-Q 19 Aug 2015 2015 Q3

Fortune Valley Treasures, Inc. Annual General and Administrative Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2023 $5,636,052 +$950,120 +20% 01 Jan 2023 31 Dec 2023 10-K 15 Apr 2024 2023 FY
2022 $4,685,932 +$2,590,444 +124% 01 Jan 2022 31 Dec 2022 10-K 15 Apr 2024 2023 FY
2021 $2,095,488 +$1,221,983 +140% 01 Jan 2021 31 Dec 2021 10-K 31 Mar 2023 2022 FY
2020 $873,505 +$434,165 +99% 01 Jan 2020 31 Dec 2020 10-K 01 Apr 2022 2021 FY
2019 $439,340 +$123,903 +39% 01 Jan 2019 31 Dec 2019 10-K 26 Apr 2021 2020 FY
2018 $315,437 +$4,352 +1.4% 01 Jan 2018 31 Dec 2018 10-K 14 May 2020 2019 FY
2017 $311,085 +$263,620 +555% 01 Jan 2017 31 Dec 2017 10-K 02 Apr 2019 2018 FY
2016 $47,465 +$1,875 +4.1% 01 Sep 2015 31 Aug 2016 10-K 24 Nov 2017 2017 FY
2015 $45,590 01 Sep 2014 31 Aug 2015 10-K/A 17 Feb 2017 2016 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.