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American Education Center, Inc. (AMCT) SEC Filing 10-Q Quarterly report for the period ending Monday, September 30, 2019

American Education Center, Inc.

CIK: 1626556 Ticker: AMCT
Document and Entity Information - shares
9 Months Ended
Sep. 30, 2019
Nov. 08, 2019
Document and Entity Information [Abstract]  
Document Type10-Q 
Amendment Flagfalse 
Document Period End DateSep. 30, 2019 
Document Fiscal Year Focus2019 
Document Fiscal Period FocusQ3 
Entity Registrant NameAMERICAN EDUCATION CENTER, INC. 
Entity Central Index Key0001626556 
Current Fiscal Year End Date--12-31 
Entity Current Reporting StatusYes 
Entity Interactive Data CurrentYes 
Entity Filer CategoryNon-accelerated Filer 
Entity Small Businesstrue 
Entity Emerging Growth Companytrue 
Entity Ex Transition Periodfalse 
Entity Shell Companyfalse 
Entity Common Stock, Shares Outstanding 56,797,113

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Definitive Proxy Statement (Form DEF 14A)
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American Education Center, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2019 10-K Annual Report includes:

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  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Operations And Comprehensive Income
Consolidated Statements Of Stockholders' Equity
Business Acquisition
Business Acquisition (Tables)
Business Acquisition - Additional Disclosure (Details)
Business Acquisition - Consideration Paid And The Amounts Of Net Assets Acquired (Details)
Commitments &Amp; Contingency
Common Stock
Common Stock (Details)
Concentration Of Credit And Business Risk
Concentration Of Credit And Business Risk (Details)
Concentration Of Credit And Business Risk (Tables)
Concentration Of Credit And Business Risk - Customers Gross Revenue (Details)
Deferred Compensation
Deferred Compensation (Details)
Deferred Revenue
Deferred Revenue (Details)
Discontinued Operations
Discontinued Operations (Tables)
Discontinued Operations - Additional Disclosure (Details)
Discontinued Operations - Classes Of Assets And Liabilities (Details)
Discontinued Operations - Summarized Operating Result (Details)
Financial Instruments
Financial Instruments (Tables)
Financial Instruments - Fair Value On A Recurring Basis (Details)
Financial Instruments - Financial Assets Past Due (Details)
Financial Instruments - Summarizes Carrying Values (Details)
Fixed Asset, Net
Fixed Assets, Net (Tables)
Fixed Assets, Net - Additional Information (Details)
Fixed Assets, Net - Fixed Assets, Net (Details)
Going Concern
Income Taxes
Income Taxes (Tables)
Income Taxes - Component Of Deferred Tax Assets (Details)
Income Taxes - Provision For Income Taxes And Deferred Income Taxes (Details)
Income Taxes - Reconciliation Of The Provision For Income Taxes (Details)
Intangible Asset, Net
Intangible Asset, Net (Tables)
Intangible Asset, Net - Additional Disclosure (Details)
Intangible Asset, Net - Future Amortization Expense (Details)
Intangible Asset, Net - Gross Carrying Amount And Accumulated Amortization (Details)
Investments
Investments (Details)
Long-Term Loan
Long-Term Loan (Details)
Operating Lease Right-Of-Use Asset / Operating Lease Liability
Operating Lease Right-Of-Use Asset / Operating Lease Liability (Tables)
Operating Lease Right-Of-Use Asset / Operating Lease Liability - Additional Disclosure (Details)
Operating Lease Right-Of-Use Asset / Operating Lease Liability - Future Minimum Lease Commitments (Details)
Organization And Business
Organization And Business (Details)
Recently Issued Accounting Standards
Related-Party Transactions
Related-Party Transactions (Details)
Security Deposits
Security Deposits (Details)
Segment Reporting
Segment Reporting (Tables)
Segment Reporting - Additional Information (Details)
Segment Reporting - Segment Assets And Liabilities Of Continuing And Discontinued Operations (Details)
Series B Preferred Stock
Series B Preferred Stock (Details)
Stock Options
Stock Options (Details)
Stock Options (Tables)
Subsequent Event
Subsequent Event (Details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Details)
Summary Of Significant Accounting Policies (Policies)

Material Contracts, Statements, Certifications & more

American Education Center, Inc. provided additional information to their SEC Filing as exhibits

Ticker: AMCT
CIK: 1626556
Form Type: 10-Q Quarterly Report
Accession Number: 0001104659-19-064301
Submitted to the SEC: Thu Nov 14 2019 4:50:16 PM EST
Accepted by the SEC: Thu Nov 14 2019
Period: Monday, September 30, 2019
Industry: Educational Services

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