American Education Center, Inc. (AMCT) SEC Filing 10-K Annual report for the fiscal year ending Tuesday, December 31, 2019

SEC Filings

AMCT Annual Reports

American Education Center, Inc.

CIK: 1626556 Ticker: AMCT
Document and Entity Information - USD ($)
12 Months Ended
Dec. 31, 2019
May 28, 2020
Jun. 30, 2019
Document and Entity Information [Abstract]   
Document Type10-K  
Document Period End DateDec. 31, 2019  
Entity Current Reporting StatusYes  
Entity Filer CategoryNon-accelerated Filer  
Entity Small Businesstrue  
Entity Emerging Growth Companytrue  
Entity Ex Transition Periodfalse  
Entity Shell Companyfalse  
Entity Common Stock, Shares Outstanding 57,497,113 
Entity Central Index Key0001626556  
Current Fiscal Year End Date--12-31  
Document Fiscal Year Focus2019  
Document Fiscal Period FocusFY  
Amendment Flagfalse  
Entity Well-known Seasoned IssuerNo  
Entity Voluntary FilersNo  
Entity Interactive Data CurrentYes  
Entity Public Float  $ 11,489,850

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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 2020 10-K Annual Report includes:

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  • Board Members
  • Executive Team
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  • Peers / Competitors


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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual 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
Accounts Receivables
Accounts Receivables (Details)
Accounts Receivables (Tables)
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)
Lease Commitments
Lease Commitments (Tables)
Lease Commitments - Additional Disclosure (Details)
Lease Commitments - Future Minimum Lease Commitments (Details)
Long-Term Loan
Long-Term Loan (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)
Ticker: AMCT
CIK: 1626556
Form Type: 10-K Annual Report
Accession Number: 0001104659-20-067595
Submitted to the SEC: Fri May 29 2020 2:18:01 PM EST
Accepted by the SEC: Fri May 29 2020
Period: Tuesday, December 31, 2019
Industry: Educational Services

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