10-Q/A Filing

SHARING ECONOMY INTERNATIONAL INC. CIK: 819926 Q2 2012

Filing Information

Form Type	10-Q/A
Accession Number	`0001213900-12-004902`
Period End Date	20120630
Filing Date	20120823
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	cws-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 93 Cash Flow Statement 89

Balance Sheet 80 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`	30.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	11.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.62M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$947.18K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	11.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$284.82K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$314.23K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$47.47K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$53.42K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$8.01M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$7.09M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Inventories, net of reserve for obsolete inventory	`InventoryNet`	$5.91M	USD	Point-in-time
Inventories, net of reserve for obsolete inventory	`InventoryNet`	$4.28M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.10M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.67M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.67M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.10M	shares	Point-in-time
Advances to suppliers	`DeferredCostsCurrent`	$219.35K	USD	Point-in-time
Advances to suppliers	`DeferredCostsCurrent`	$1.60M	USD	Point-in-time
Prepaid VAT on purchases	`PrepaidExpenseCurrent`	$1.51M	USD	Point-in-time
Prepaid VAT on purchases	`PrepaidExpenseCurrent`	$608.96K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$110.67K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$199.19K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$17.97M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$14.73M	USD	Point-in-time
PROPERTY AND EQUIPMENT - net	`PropertyPlantAndEquipmentNet`	$64.04M	USD	Point-in-time
PROPERTY AND EQUIPMENT - net	`PropertyPlantAndEquipmentNet`	$64.67M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.82M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.80M	USD	Point-in-time
Total Assets	`Assets`	$82.59M	USD	Point-in-time
Total Assets	`Assets`	$86.44M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoans`	$2.69M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoans`	$2.36M	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$284.82K	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$314.23K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$771.60K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$948.01K	USD	Point-in-time
Capital lease obligations- current portion	`CapitalLeaseObligationsCurrent`	$244.75K	USD	Point-in-time
Capital lease obligations- current portion	`CapitalLeaseObligationsCurrent`	$248.05K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$2.39M	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$1.17M	USD	Point-in-time
VAT and service taxes payable	`SalesAndExciseTaxPayableCurrent`	-	USD	Point-in-time
VAT and service taxes payable	`SalesAndExciseTaxPayableCurrent`	$54.74K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$484.22K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$592.20K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$11.95M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$10.44M	USD	Point-in-time
Capital lease obligations - net of current portion	`CapitalLeaseObligationsNoncurrent`	$254.80K	USD	Point-in-time
Capital lease obligations - net of current portion	`CapitalLeaseObligationsNoncurrent`	$381.24K	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.82M	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.20M	USD	Point-in-time
Preferred stock $0.001 par value (30,000,000 shares authorized, all of which were designated as series A convertible preferred, 0 and 10,995,807 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively	`PreferredStockValue`	$11.00K	USD	Point-in-time
Preferred stock $0.001 par value (30,000,000 shares authorized, all of which were designated as series A convertible preferred, 0 and 10,995,807 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 2,667,017 and 2,101,849 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$2.10K	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 2,667,017 and 2,101,849 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively	`CommonStockValue`	$2.67K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.09M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$27.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$34.62M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$35.89M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$2.16M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$2.06M	USD	Point-in-time
Accumulated other comprehensive gain - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$7.58M	USD	Point-in-time
Accumulated other comprehensive gain - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$8.09M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.76M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$74.24M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$86.44M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$82.59M	USD	Point-in-time

Income Statement 93 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$12.61M	USD	1 Quarter
REVENUES	`Revenues`	$22.24M	USD	2 Qtrs
REVENUES	`Revenues`	$12.83M	USD	1 Quarter
REVENUES	`Revenues`	$30.17M	USD	2 Qtrs
COST OF REVENUES	`CostOfRevenue`	$17.67M	USD	2 Qtrs
COST OF REVENUES	`CostOfRevenue`	$9.56M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$10.14M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$22.57M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$7.60M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$4.58M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$3.05M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$2.69M	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$340.21K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$420.80K	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$373.92K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$748.54K	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.86M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$751.54K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.42M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.03M	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`	$1.13M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$2.17M	USD	2 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$1.57M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$2.41M	USD	2 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$5.32M	USD	2 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$1.68M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$5.85K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$118.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$830.00	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$346.00	USD	1 Quarter
Interest expense	`InterestExpense`	$62.53K	USD	2 Qtrs
Interest expense	`InterestExpense`	$70.36K	USD	1 Quarter
Interest expense	`InterestExpense`	$32.83K	USD	1 Quarter
Interest expense	`InterestExpense`	$160.40K	USD	2 Qtrs
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.11K	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.34K	USD	2 Qtrs
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$5.39K	USD	2 Qtrs
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.88K	USD	1 Quarter
Warrants modification expense	`WarrantsModificationExpense`	-	USD	1 Quarter
Warrants modification expense	`WarrantsModificationExpense`	-	USD	2 Qtrs
Warrants modification expense	`WarrantsModificationExpense`	$235.13K	USD	2 Qtrs
Warrants modification expense	`WarrantsModificationExpense`	-	USD	1 Quarter
Warrants modification expense	`WarrantsModificationExpense`	$37.73K	USD	Point-in-time
Other income	`OtherSalesRevenueNet`	$13.28K	USD	2 Qtrs
Other income	`OtherSalesRevenueNet`	$6.63K	USD	1 Quarter
Other income	`OtherSalesRevenueNet`	$68.46K	USD	1 Quarter
Other income	`OtherSalesRevenueNet`	$77.11K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-371.01K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$12.07K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$33.87K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-62.27K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.04M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.33M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.51M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.72M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$1.50M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$545.95K	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$435.13K	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$665.54K	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.17M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$3.84M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.37M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.07M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$1.17M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$3.84M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.37M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.07M	USD	1 Quarter
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.49M	USD	2 Qtrs
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$511.64K	USD	2 Qtrs
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$59.94K	USD	1 Quarter
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.08M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.13M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.89M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.25M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.33M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.01	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.58	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.47	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.53	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.51	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.57M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.37M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.92M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.91M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.59M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.51M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.66M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.54M	shares	2 Qtrs

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`ProfitLoss`	$1.17M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$3.84M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.37M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.07M	USD	1 Quarter
Depreciation	`Depreciation`	$2.50M	USD	2 Qtrs
Depreciation	`Depreciation`	$1.33M	USD	1 Quarter
Depreciation	`Depreciation`	$1.55M	USD	1 Quarter
Depreciation	`Depreciation`	$3.09M	USD	2 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$22.71K	USD	1 Quarter
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$46.73K	USD	2 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$23.34K	USD	1 Quarter
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$45.14K	USD	2 Qtrs
(Decrease) increase in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$166.64K	USD	2 Qtrs
(Decrease) increase in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-46.63K	USD	2 Qtrs
Warrants modification expense	`WarrantsModificationExpense`	-	USD	1 Quarter
Warrants modification expense	`WarrantsModificationExpense`	-	USD	2 Qtrs
Warrants modification expense	`WarrantsModificationExpense`	$235.13K	USD	2 Qtrs
Warrants modification expense	`WarrantsModificationExpense`	-	USD	1 Quarter
Warrants modification expense	`WarrantsModificationExpense`	$37.73K	USD	Point-in-time
Stock-based compensation expense	`ShareBasedCompensation`	$101.59K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$214.81K	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	-	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$152.71K	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$139.09K	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-6.32K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$825.73K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.44M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$705.68K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.60M	USD	2 Qtrs
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	$-913.18K	USD	2 Qtrs
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	$-752.47K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$91.11K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$32.99K	USD	2 Qtrs
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$1.38M	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`	$-188.92K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.84M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$438.20K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$171.34K	USD	2 Qtrs
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-82.41K	USD	2 Qtrs
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$54.69K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-605.80K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-112.10K	USD	2 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$1.14M	USD	2 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$1.22M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$4.46M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$3.02M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.26M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.80M	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-3.26M	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-4.80M	USD	2 Qtrs
Principal payments on capital lease	`RepaymentsOfLongTermCapitalLeaseObligations`	$127.48K	USD	2 Qtrs
Principal payments on capital lease	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	2 Qtrs
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$2.21M	USD	2 Qtrs
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$1.83M	USD	2 Qtrs
Repayment of bank loans	`RepaymentsOfOtherShortTermDebt`	$1.90M	USD	2 Qtrs
Repayment of bank loans	`RepaymentsOfOtherShortTermDebt`	$1.37M	USD	2 Qtrs
Decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	-	USD	2 Qtrs
Decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$31.62K	USD	2 Qtrs
Decrease in bank acceptance notes payable	`ProceedsFromBankDebt`	-	USD	2 Qtrs
Decrease in bank acceptance notes payable	`ProceedsFromBankDebt`	$-31.62K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$125.00K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$400.00K	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$198.14K	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$386.85K	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`	$6.55K	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$154.71K	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$677.39K	USD	2 Qtrs
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.15M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.62M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.31M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$947.18K	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.15M	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`	$1.31M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$947.18K	USD	Point-in-time
Interest	`InterestPaid`	$62.53K	USD	2 Qtrs
Interest	`InterestPaid`	$160.40K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$777.65K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$2.11M	USD	2 Qtrs
Series A preferred converted to common shares	`StockIssuedForConvertibleSecurities`	$13.20K	USD	2 Qtrs
Series A preferred converted to common shares	`StockIssuedForConvertibleSecurities`	$936.00	USD	2 Qtrs
Common stock issued for future service	`CommonStockIssuedForPriorAndFutureService`	$113.32K	USD	2 Qtrs
Common stock issued for future service	`CommonStockIssuedForPriorAndFutureService`	$54.88K	USD	2 Qtrs

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