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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net Sales $ 8,329,043 $ 10,128,436 $ 30,297,835 $ 36,508,220
Cost of Sales 7,706,748 8,295,669 25,651,678 28,776,700
Gross profit 622,295 1,832,767 4,646,157 7,731,520
Operating expenses:        
General and administrative 1,148,482 1,277,503 3,939,289 4,307,784
Selling 233,506 629,706 842,546 2,208,925
Advertising and marketing 134,040 302,985 485,096 931,475
Impairment of long-lived assets 1,252,283
Gain on loss of control of VIEs (218,527) (218,534)
Gain on sale of assets (23,054) (24,061) (70,263) (71,474)
Total operating expenses 1,274,447 2,186,133 6,450,524 7,376,710
Loss from operations (652,152) (353,366) (1,804,367) 354,810
Other (expense) income:        
Interest expense (464,546) (462,855) (1,493,264) (1,560,130)
Interest income (27) (356)
Other Income/(expense) (82,873) (57) (485,742) 1,601
Foreign currency loss (25,747) 24,584 (27,458) 8,336
Total other expense, net (573,166) (438,355) (2,006,464) (1,550,549)
Loss from continuing operations before taxes (1,225,318) (791,721) (3,810,831) (1,195,739)
Income tax benefit (221,803) (347,318)
Loss from continuing operations (1,225,318) (569,918) (3,810,831) (848,422)
Income (Loss) from discontinued operations (including loss on HFS of $0.6M), net of tax (999,251) 23,693 (2,730,796) 37,354
Net loss (2,224,569) (546,225) (6,541,627) (811,068)
Less: Net (loss) income attributable to noncontrolling interest (282,985) 13,072 (861,475) (38,968)
Net loss attributable to Yunhong CTI, LTD (1,941,584) (559,297) (5,680,152) (772,100)
Other Comprehensive Income (Loss)        
Foreign currency adjustment (281,817) 231,827 15,603 (110,605)
Comprehensive loss $ (2,223,401) $ (327,470) $ (5,664,549) $ (882,705)
Basic loss per common share        
Continuing operations (in dollars per share) $ (0.25) $ (0.16) $ (0.77) $ (0.23)
Discontinued operations (in dollars per share) (0.26) 0 (0.71) 0.01
Basic loss per common share (in dollars per share) (0.51) (0.16) (1.48) (0.22)
Diluted loss per common share        
Continuing operations (in dollars per share) (0.25) (0.16) (0.77) (0.23)
Discontinued operations (in dollars per share) (0.26) 0 (0.71) (0.01)
Diluted loss per common share (in dollars per share) $ (0.51) $ (0.16) $ (1.48) $ (0.22)
Weighted average number of shares and equivalent shares of common stock outstanding:        
Basic (in shares) 3,835,950 3,530,227 3,835,950 3,530,227
Diluted (in shares) 3,835,950 3,530,227 3,835,950 3,530,227