AiXin Life International Files Q3 2024 10-Q
Ticker: AIXN · Form: 10-Q · Filed: Dec 27, 2024 · CIK: 835662
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
TL;DR
AIXN 10-Q filed for Q3 2024. Check financials.
AI Summary
AiXin Life International, Inc. filed its 10-Q for the period ending September 30, 2024. The filing covers the third quarter and the first nine months of the fiscal year. Specific financial details and operational updates for this period are detailed within the report.
Why It Matters
This filing provides investors with a crucial update on AiXin Life International's financial performance and operational status for the third quarter of 2024, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a standard quarterly filing providing financial updates, not indicating immediate or significant new risks.
Key Numbers
- Q3 2024 — Reporting Period (Covers the third quarter of the fiscal year.)
- Nine Months 2024 — Year-to-Date Period (Covers the first nine months of the fiscal year.)
Key Players & Entities
- AiXin Life International, Inc. (company) — Filer of the 10-Q
- 20240930 (date) — End of reporting period
- 20241227 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is September 30, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on December 27, 2024.
What is the company's full name as listed in the filing?
The company's full name is AiXin Life International, Inc.
What is the SIC code for AiXin Life International, Inc.?
The Standard Industrial Classification (SIC) code is 5912, RETAIL-DRUG STORES AND PROPRIETARY STORES.
What fiscal year end does the company observe?
The company's fiscal year ends on December 31.
Filing Stats: 4,488 words · 18 min read · ~15 pages · Grade level 16.8 · Accepted 2024-12-27 12:54:52
Key Financial Figures
- $0.00001 — nge on which Registered Common Stock, $0.00001 Par Value AIXN OTCQB Indicate by
Filing Documents
- form10-q.htm (10-Q) — 1113KB
- ex31-1.htm (EX-31.1) — 12KB
- ex31-2.htm (EX-31.2) — 12KB
- ex32-1.htm (EX-32.1) — 7KB
- ex32-2.htm (EX-32.2) — 7KB
- 0001493152-24-052216.txt ( ) — 6356KB
- aixn-20240930.xsd (EX-101.SCH) — 51KB
- aixn-20240930_cal.xml (EX-101.CAL) — 79KB
- aixn-20240930_def.xml (EX-101.DEF) — 212KB
- aixn-20240930_lab.xml (EX-101.LAB) — 348KB
- aixn-20240930_pre.xml (EX-101.PRE) — 295KB
- form10-q_htm.xml (XML) — 1131KB
– Financial Information
Part I – Financial Information 4 Item 1. Consolidated
Financial Statements
Financial Statements Consolidated Balance Sheets 4 Consolidated Statements of Operations and Comprehensive Loss 5 Consolidated Statements of Stockholders' Deficit 6 Consolidated Statements of Cash Flows 7
Notes to Consolidated Financial Statements
Notes to Consolidated Financial Statements 8 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 28 Item 4.
Controls and Procedures
Controls and Procedures 40
– Other Information
Part II – Other Information 41 Item 1A.
Risk Factors
Risk Factors 41 Item 6. Exhibits 41
Signatures
Signatures 42 2 SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS This report contains forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "should," "would" and similar expressions intended to identify forward-looking statements. Forward-looking statements reflect our current views with respect to future events and are based on assumptions and are subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on forward-looking statements. Forward-looking statements include, among other things, statements relating to: our goals and strategies; our future business development, financial condition and results of operations; our expectations regarding demand for, and market acceptance of, our products; our expectations regarding keeping and strengthening our relationships with merchants, manufacturers and end-users; and general economic and business conditions in the regions where we provide our services. Also, forward-looking statements represent our estimates and assumptions only as of the date of this report. You should read this report and the documents that we reference and filed as exhibits to the report completely and with the understanding that our actual future results may be materially different from what we expect. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new informa