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American Education Center, Inc. (AMCT) SEC Filing 10-Q Quarterly report for the period ending Tuesday, March 31, 2020

American Education Center, Inc.

CIK: 1626556 Ticker: AMCT
Document and Entity Information - shares
3 Months Ended
Mar. 31, 2020
Jun. 30, 2020
Document and Entity Information [Abstract]  
Document Type10-Q 
Document Period End DateMar. 31, 2020 
Entity Registrant NameAMERICAN EDUCATION CENTER, INC. 
Entity Current Reporting StatusYes 
Entity Filer CategoryNon-accelerated Filer 
Entity Small Businesstrue 
Entity Emerging Growth Companyfalse 
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 Focus2020 
Document Fiscal Period FocusQ1 
Amendment Flagfalse 
Entity Interactive Data CurrentYes 

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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:

  • Voting Procedures
  • Board Members
  • 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 (Unaudited)
Consolidated Balance Sheets (Unaudited) (Parenthetical)
Consolidated Statements Of Cash Flows (Unaudited)
Consolidated Statements Of Operations And Comprehensive Income (Unaudited)
Consolidated Statements Of Stockholders' Equity (Audited)
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 Compensation (Tables)
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
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)
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Schedule Of Estimated Useful Lives Of Property And Equipment (Details)

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: 0001104659-20-078472
Submitted to the SEC: Tue Jun 30 2020 9:40:00 AM EST
Accepted by the SEC: Tue Jun 30 2020
Period: Tuesday, March 31, 2020
Industry: Educational Services

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