10-Q Filing

SHARING ECONOMY INTERNATIONAL INC. CIK: 819926 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001213900-11-004334`
Period End Date	20110630
Filing Date	20110815
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	cws-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 92 Cash Flow Statement 76

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	60.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	60.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	16.21M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	15.98M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	16.21M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	15.98M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.62M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$947.18K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.28M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$154.70K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$192.66K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	18.75M	shares	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$50.59K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	19.28M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$8.21M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	18.75M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$6.77M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	19.28M	shares	Point-in-time
Inventories, net of reserve for obsolete inventory	`InventoryNet`	$4.16M	USD	Point-in-time
Inventories, net of reserve for obsolete inventory	`InventoryNet`	$3.37M	USD	Point-in-time
Advances to suppliers	`DeferredCostsCurrent`	$333.92K	USD	Point-in-time
Advances to suppliers	`DeferredCostsCurrent`	$1.97M	USD	Point-in-time
Prepaid VAT on purchases	`PrepaidExpenseCurrent`	$2.06M	USD	Point-in-time
Prepaid VAT on purchases	`PrepaidExpenseCurrent`	$2.76M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$241.52K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$36.34K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$15.71M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$17.18M	USD	Point-in-time
PROPERTY AND EQUIPMENT - net	`PropertyPlantAndEquipmentNet`	$58.32M	USD	Point-in-time
PROPERTY AND EQUIPMENT - net	`PropertyPlantAndEquipmentNet`	$54.74M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.81M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.77M	USD	Point-in-time
Total Assets	`Assets`	$74.22M	USD	Point-in-time
Total Assets	`Assets`	$79.30M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$1.81M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$2.32M	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	-	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$154.70K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.66M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.96M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$980.09K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$526.01K	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	-	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	$81.61K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$1.40M	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$236.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.33M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$748.47K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$11.65M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$10.56M	USD	Point-in-time
Preferred stock $0.001 par value (60,000,000 shares authorized, all of which were designated as series A convertible preferred, 15,975,983 and 16,205,268 shares issued and outstandingat June 30, 2011 and December 31, 2010, respectively	`PreferredStockValue`	$16.20K	USD	Point-in-time
Preferred stock $0.001 par value (60,000,000 shares authorized, all of which were designated as series A convertible preferred, 15,975,983 and 16,205,268 shares issued and outstandingat June 30, 2011 and December 31, 2010, respectively	`PreferredStockValue`	$15.98K	USD	Point-in-time
Common stock ($0.001 par value; 150,000,000 shares authorized; 19,284,516 and 18,751,128 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$18.75K	USD	Point-in-time
Common stock ($0.001 par value; 150,000,000 shares authorized; 19,284,516 and 18,751,128 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$19.28K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$27.43M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$26.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$29.26M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$32.80M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$1.66M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$1.95M	USD	Point-in-time
Accumulated other comprehensive gain - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$5.03M	USD	Point-in-time
Accumulated other comprehensive gain - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$6.52M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$62.57M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$68.74M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$74.22M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$79.30M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$12.61M	USD	1 Quarter
REVENUES	`Revenues`	$30.17M	USD	2 Qtrs
REVENUES	`Revenues`	$35.82M	USD	2 Qtrs
REVENUES	`Revenues`	$18.98M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$26.42M	USD	2 Qtrs
COST OF REVENUES	`CostOfRevenue`	$22.57M	USD	2 Qtrs
COST OF REVENUES	`CostOfRevenue`	$14.00M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$9.56M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$7.60M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$9.39M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$3.05M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$4.98M	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$420.80K	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$78.06K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$340.21K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$161.01K	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.30M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.03M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$894.80K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.86M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$972.87K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$1.37M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$2.28M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$2.46M	USD	2 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$1.68M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$6.94M	USD	2 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$4.00M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$5.32M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.48K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$118.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.72K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$830.00	USD	2 Qtrs
Interest expense	`InterestExpense`	$32.83K	USD	1 Quarter
Interest expense	`InterestExpense`	$62.53K	USD	2 Qtrs
Interest expense	`InterestExpense`	$18.49K	USD	1 Quarter
Interest expense	`InterestExpense`	$93.41K	USD	2 Qtrs
Foreign currency loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.04K	USD	1 Quarter
Foreign currency loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.34K	USD	2 Qtrs
Foreign currency loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.88K	USD	1 Quarter
Foreign currency loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-6.90K	USD	2 Qtrs
Grant income	`OtherNonoperatingIncome`	-	USD	2 Qtrs
Grant income	`OtherNonoperatingIncome`	$49.15K	USD	1 Quarter
Grant income	`OtherNonoperatingIncome`	$49.15K	USD	2 Qtrs
Grant income	`OtherNonoperatingIncome`	-	USD	1 Quarter
Other income	`OtherSalesRevenueNet`	$77.11K	USD	2 Qtrs
Other income	`OtherSalesRevenueNet`	-	USD	1 Quarter
Other income	`OtherSalesRevenueNet`	$68.46K	USD	1 Quarter
Other income	`OtherSalesRevenueNet`	-	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$12.07K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$27.09K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-48.45K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$33.87K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.72M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.89M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.33M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.03M	USD	1 Quarter
INCOME TAXES	`IncomeTaxExpenseBenefit`	$1.92M	USD	2 Qtrs
INCOME TAXES	`IncomeTaxExpenseBenefit`	$545.95K	USD	1 Quarter
INCOME TAXES	`IncomeTaxExpenseBenefit`	$1.50M	USD	2 Qtrs
INCOME TAXES	`IncomeTaxExpenseBenefit`	$1.01M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$3.84M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.17M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$3.02M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$4.97M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$3.84M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.17M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$3.02M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$4.97M	USD	2 Qtrs
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$216.08K	USD	2 Qtrs
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$1.08M	USD	1 Quarter
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$1.49M	USD	2 Qtrs
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$208.81K	USD	1 Quarter
COMPREHENSIVE INCOME, TOTAL	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.33M	USD	2 Qtrs
COMPREHENSIVE INCOME, TOTAL	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.25M	USD	1 Quarter
COMPREHENSIVE INCOME, TOTAL	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.23M	USD	1 Quarter
COMPREHENSIVE INCOME, TOTAL	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.19M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.17	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.20	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.29	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.20	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.15	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	19.06M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	17.41M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	19.20M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	17.57M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.10M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.38M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.19M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.21M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`ProfitLoss`	$3.84M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.17M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$3.02M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$4.97M	USD	2 Qtrs
Depreciation	`Depreciation`	$1.20M	USD	2 Qtrs
Depreciation	`Depreciation`	$2.50M	USD	2 Qtrs
Amortization of debt discount to interest expense	`AmortizationOfDebtDiscountPremium`	-	USD	2 Qtrs
Amortization of debt discount to interest expense	`AmortizationOfDebtDiscountPremium`	$44.99K	USD	2 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$43.24K	USD	2 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$45.14K	USD	2 Qtrs
Increase in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$166.64K	USD	2 Qtrs
Increase in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$223.33K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$214.81K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$345.39K	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	-	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-152.71K	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$137.94K	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-139.09K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.44M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-800.35K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-705.68K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.22M	USD	2 Qtrs
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	$752.47K	USD	2 Qtrs
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	$-330.13K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-91.11K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$147.30K	USD	2 Qtrs
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$73.26K	USD	2 Qtrs
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$-1.61M	USD	2 Qtrs
Bank acceptance notes payable	`IncreaseDecreaseInNotesPayableCurrent`	$152.71K	USD	2 Qtrs
Bank acceptance notes payable	`IncreaseDecreaseInNotesPayableCurrent`	-	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.84M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.65M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$438.20K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-203.92K	USD	2 Qtrs
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$55.42K	USD	2 Qtrs
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-82.41K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$30.10K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-605.80K	USD	2 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$1.14M	USD	2 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$177.21K	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$6.54M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$4.46M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.80M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.98M	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-4.80M	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-7.98M	USD	2 Qtrs
Proceeds from loans payable	`ProceedsFromBankDebt`	-	USD	2 Qtrs
Proceeds from loans payable	`ProceedsFromBankDebt`	$1.83M	USD	2 Qtrs
Repayment of bank loans	`RepaymentsOfBankDebt`	$1.37M	USD	2 Qtrs
Repayment of bank loans	`RepaymentsOfBankDebt`	$1.06M	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$125.00K	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$1.60M	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$400.00K	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$538.44K	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$983.14K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$29.09K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$5.02K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-897.68K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$677.39K	USD	2 Qtrs
CASH AND CASH EQUIVALENTS - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.62M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$947.18K	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.38M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$2.28M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.62M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$947.18K	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.38M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.28M	USD	Point-in-time
Interest	`InterestPaid`	$50.56K	USD	2 Qtrs
Interest	`InterestPaid`	$62.53K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$2.11M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$1.89M	USD	2 Qtrs
Series A preferred converted to common shares	`StockIssuedForConvertibleSecurities`	$1.91K	USD	2 Qtrs
Series A preferred converted to common shares	`StockIssuedForConvertibleSecurities`	$936.00	USD	2 Qtrs
Common stock issued for future service	`CommonStockIssuedForPriorAndFutureService`	$424.00	USD	2 Qtrs
Common stock issued for future service	`CommonStockIssuedForPriorAndFutureService`	$113.32K	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.