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American Education Center, Inc. (AMCT) SEC Filing 10-K Annual Report for the fiscal year ending Thursday, December 31, 2020

American Education Center, Inc.

HISTORY TOOLS
CIK: 1626556 Ticker: AMCT
Document and Entity Information - USD ($)
12 Months Ended
Dec. 31, 2020
Apr. 15, 2021
Document and Entity Information [Abstract]  
Document Type10-K 
Document Period End DateDec. 31, 2020 
Entity Registrant NameAMERICAN EDUCATION CENTER, INC. 
Title of 12(g) SecurityNone 
Entity Current Reporting StatusYes 
Entity Interactive Data CurrentYes 
Entity Filer CategoryNon-accelerated Filer 
Entity Small Businesstrue 
Entity Emerging Growth Companyfalse 
No Trading Symbol Flagfalse 
Entity Shell Companyfalse 
Entity Common Stock, Shares Outstanding 56,497,113
Entity Central Index Key0001626556 
Current Fiscal Year End Date--12-31 
Document Fiscal Year Focus2020 
Document Fiscal Period FocusFY 
Amendment Flagfalse 
Entity Well-known Seasoned IssuerNo 
Entity Voluntary FilersNo 
Entity Public Float$ 5,127,000 

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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets (Audited)
Consolidated Balance Sheets (Audited) (Parenthetical)
Consolidated Statements Of Cash Flows (Audited)
Consolidated Statements Of Cash Flows (Audited) (Parenthetical)
Consolidated Statements Of Operations And Comprehensive Income (Audited)
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)
Business Acquisition - Estimated Fair Value Of The Assets Acquired And Liabilities Assumed (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 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
Goodwill
Goodwill (Details)
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 And Adopted 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
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 - Intangible Asset (Details)
Summary Of Significant Accounting Policies - Schedule Of Estimated Useful Lives Of Property And Equipment (Details)
Variable Interest Entity
Variable Interest Entity (Details)
Variable Interest Entity (Tables)
Ticker: AMCT
CIK: 1626556
Form Type: 10-K Annual Report
Accession Number: 0001104659-21-050798
Submitted to the SEC: Thu Apr 15 2021 4:34:46 PM EST
Accepted by the SEC: Thu Apr 15 2021
Period: Thursday, December 31, 2020
Industry: Educational Services

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