10-Q Filing

SHARING ECONOMY INTERNATIONAL INC. CIK: 819926 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001213900-13-004287`
Period End Date	20130630
Filing Date	20130814
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	cws-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 92 Cash Flow Statement 86

Balance Sheet 84 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`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	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
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$1.33M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$88.03K	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$356.98K	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$10.08M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$10.04M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.89M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.32M	shares	Point-in-time
Inventories, net of reserve for obsolete inventory	`InventoryNet`	$5.50M	USD	Point-in-time
Inventories, net of reserve for obsolete inventory	`InventoryNet`	$5.90M	USD	Point-in-time
Advances to suppliers	`DeferredCostsCurrent`	$593.10K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.32M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.89M	shares	Point-in-time
Advances to suppliers	`DeferredCostsCurrent`	$1.08M	USD	Point-in-time
Prepaid VAT on purchases	`PrepaidExpenseCurrent`	$542.03K	USD	Point-in-time
Prepaid VAT on purchases	`PrepaidExpenseCurrent`	$747.94K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$358.78K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$428.33K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$19.07M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$22.67M	USD	Point-in-time
PROPERTY AND EQUIPMENT - net	`PropertyPlantAndEquipmentNet`	$64.14M	USD	Point-in-time
PROPERTY AND EQUIPMENT - net	`PropertyPlantAndEquipmentNet`	$59.44M	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsNet`	$551.89K	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsNet`	$563.30K	USD	Point-in-time
Equipment held for sale	`AssetsHeldForSalePropertyPlantAndEquipment`	$7.12M	USD	Point-in-time
Equipment held for sale	`AssetsHeldForSalePropertyPlantAndEquipment`	$7.27M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.76M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.79M	USD	Point-in-time
Total Assets	`Assets`	$98.42M	USD	Point-in-time
Total Assets	`Assets`	$89.94M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$2.22M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$3.07M	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$1.33M	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.68M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.47M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$986.82K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$590.76K	USD	Point-in-time
Capital lease obligation - current portion	`CapitalLeaseObligationsCurrent`	$251.41K	USD	Point-in-time
Capital lease obligation - current portion	`CapitalLeaseObligationsCurrent`	$260.21K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$2.19M	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$1.85M	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	$176.23K	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	$206.53K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$822.08K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$774.88K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$11.81M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$13.07M	USD	Point-in-time
Capital lease obligation - net of current portion	`CapitalLeaseObligationsNoncurrent`	-	USD	Point-in-time
Capital lease obligation - net of current portion	`CapitalLeaseObligationsNoncurrent`	$132.76K	USD	Point-in-time
Total Liabilities	`Liabilities`	$11.94M	USD	Point-in-time
Total Liabilities	`Liabilities`	$13.07M	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at June 30, 2013 and December 31, 2012, respectively)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at June 30, 2013 and December 31, 2012, respectively)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 3,322,984 and 2,894,586 shares issued and outstanding at June 30, 2013 and December 31, 2012, respectively)	`CommonStockValue`	$2.89K	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 3,322,984 and 2,894,586 shares issued and outstanding at June 30, 2013 and December 31, 2012, respectively)	`CommonStockValue`	$3.32K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.99M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$30.75M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$42.19M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$38.40M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$2.48M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$2.64M	USD	Point-in-time
Accumulated other comprehensive gain - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$8.12M	USD	Point-in-time
Accumulated other comprehensive gain - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$9.77M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$85.35M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$77.99M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$98.42M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$89.94M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$31.10M	USD	2 Qtrs
REVENUES	`Revenues`	$12.83M	USD	1 Quarter
REVENUES	`Revenues`	$17.21M	USD	1 Quarter
REVENUES	`Revenues`	$22.24M	USD	2 Qtrs
COST OF REVENUES	`CostOfRevenue`	$24.00M	USD	2 Qtrs
COST OF REVENUES	`CostOfRevenue`	$13.24M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$10.14M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$17.67M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$3.97M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$2.69M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$4.58M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$7.10M	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$351.89K	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$244.67K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$748.54K	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$373.92K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$620.15K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.42M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$751.54K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.36M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$1.13M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$2.17M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$864.82K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$1.71M	USD	2 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$2.41M	USD	2 Qtrs
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$1.57M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$3.11M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$5.39M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.17K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$346.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$5.85K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$688.00	USD	1 Quarter
Interest expense	`InterestExpense`	$64.53K	USD	1 Quarter
Interest expense	`InterestExpense`	$169.65K	USD	2 Qtrs
Interest expense	`InterestExpense`	$160.40K	USD	2 Qtrs
Interest expense	`InterestExpense`	$70.36K	USD	1 Quarter
Foreign currency (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.98K	USD	1 Quarter
Foreign currency (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.98K	USD	2 Qtrs
Foreign currency (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.11K	USD	1 Quarter
Foreign currency (loss) gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$5.39K	USD	2 Qtrs
Warrant modification expense	`WarrantsModificationExpense`	-	USD	1 Quarter
Warrant modification expense	`WarrantsModificationExpense`	$235.13K	USD	2 Qtrs
Warrant modification expense	`WarrantsModificationExpense`	-	USD	2 Qtrs
Warrant modification expense	`WarrantsModificationExpense`	-	USD	1 Quarter
Other income	`OtherSalesRevenueNet`	$13.28K	USD	2 Qtrs
Other income	`OtherSalesRevenueNet`	$6.63K	USD	1 Quarter
Other income	`OtherSalesRevenueNet`	$37.08K	USD	2 Qtrs
Other income	`OtherSalesRevenueNet`	$8.15K	USD	1 Quarter
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-137.38K	USD	2 Qtrs
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-371.01K	USD	2 Qtrs
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-62.27K	USD	1 Quarter
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-61.66K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.51M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.05M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.26M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.04M	USD	2 Qtrs
INCOME TAXES	`IncomeTaxExpenseBenefit`	$435.13K	USD	1 Quarter
INCOME TAXES	`IncomeTaxExpenseBenefit`	$665.54K	USD	2 Qtrs
INCOME TAXES	`IncomeTaxExpenseBenefit`	$1.31M	USD	2 Qtrs
INCOME TAXES	`IncomeTaxExpenseBenefit`	$723.98K	USD	1 Quarter
NET INCOME	`IncomeLossAttributableToParent`	$2.32M	USD	1 Quarter
NET INCOME	`IncomeLossAttributableToParent`	$1.07M	USD	1 Quarter
NET INCOME	`IncomeLossAttributableToParent`	$3.95M	USD	2 Qtrs
NET INCOME	`IncomeLossAttributableToParent`	$1.37M	USD	2 Qtrs
NET INCOME	`IncomeLossAttributableToParent`	$2.32M	USD	1 Quarter
NET INCOME	`IncomeLossAttributableToParent`	$1.07M	USD	1 Quarter
NET INCOME	`IncomeLossAttributableToParent`	$3.95M	USD	2 Qtrs
NET INCOME	`IncomeLossAttributableToParent`	$1.37M	USD	2 Qtrs
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$511.64K	USD	2 Qtrs
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.65M	USD	2 Qtrs
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$59.94K	USD	1 Quarter
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.22M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.89M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.13M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.54M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$5.59M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.35	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.58	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.79	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.53	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.35	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.79	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.37M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.93M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.96M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.57M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.66M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.96M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.59M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.93M	shares	2 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossAttributableToParent`	$2.32M	USD	1 Quarter
Net income	`IncomeLossAttributableToParent`	$1.07M	USD	1 Quarter
Net income	`IncomeLossAttributableToParent`	$3.95M	USD	2 Qtrs
Net income	`IncomeLossAttributableToParent`	$1.37M	USD	2 Qtrs
Depreciation	`Depreciation`	$3.22M	USD	2 Qtrs
Depreciation	`Depreciation`	$1.55M	USD	1 Quarter
Depreciation	`Depreciation`	$3.09M	USD	2 Qtrs
Depreciation	`Depreciation`	$1.65M	USD	1 Quarter
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$23.34K	USD	1 Quarter
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$47.31K	USD	2 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$46.73K	USD	2 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$23.80K	USD	1 Quarter
Decrease in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-46.63K	USD	2 Qtrs
Decrease in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-312.41K	USD	2 Qtrs
Warrant modification expense	`WarrantsModificationExpense`	-	USD	1 Quarter
Warrant modification expense	`WarrantsModificationExpense`	$235.13K	USD	2 Qtrs
Warrant modification expense	`WarrantsModificationExpense`	-	USD	2 Qtrs
Warrant modification expense	`WarrantsModificationExpense`	-	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$132.96K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$101.59K	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$264.58K	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-6.32K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$825.73K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-555.64K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.60M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-518.19K	USD	2 Qtrs
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	$-913.18K	USD	2 Qtrs
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	$192.84K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$60.24K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$32.99K	USD	2 Qtrs
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$473.78K	USD	2 Qtrs
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$1.38M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.74M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-188.92K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-409.48K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$171.34K	USD	2 Qtrs
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-34.23K	USD	2 Qtrs
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$54.69K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-112.10K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-63.58K	USD	2 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$1.22M	USD	2 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$300.21K	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$5.17M	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`	$5.82M	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-5.82M	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-3.26M	USD	2 Qtrs
Principal payments on capital lease	`RepaymentsOfLongTermCapitalLeaseObligations`	$130.63K	USD	2 Qtrs
Principal payments on capital lease	`RepaymentsOfLongTermCapitalLeaseObligations`	$127.48K	USD	2 Qtrs
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$3.04M	USD	2 Qtrs
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$2.21M	USD	2 Qtrs
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$1.90M	USD	2 Qtrs
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$2.24M	USD	2 Qtrs
(Increase) decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$31.62K	USD	2 Qtrs
(Increase) decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-1.31M	USD	2 Qtrs
Increase (decrease) in bank acceptance notes payable	`ProceedsFromBankDebt`	$-31.62K	USD	2 Qtrs
Increase (decrease) in bank acceptance notes payable	`ProceedsFromBankDebt`	$1.31M	USD	2 Qtrs
Net proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.77M	USD	2 Qtrs
Net proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$198.14K	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$386.85K	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$2.44M	USD	2 Qtrs
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$27.35K	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`	$1.81M	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`	$3.25M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.31M	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`	$3.25M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.31M	USD	Point-in-time
Interest	`InterestPaid`	$169.65K	USD	2 Qtrs
Interest	`InterestPaid`	$160.40K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$1.37M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$777.65K	USD	2 Qtrs
Property and equipment acquired on credit as payable	`PropertyAndEquipmentAcquiredOnCreditAsPayable`	-	USD	2 Qtrs
Property and equipment acquired on credit as payable	`PropertyAndEquipmentAcquiredOnCreditAsPayable`	$840.28K	USD	2 Qtrs
Series A preferred converted to common shares	`StockIssuedForConvertibleSecurities`	-	USD	2 Qtrs
Series A preferred converted to common shares	`StockIssuedForConvertibleSecurities`	$13.20K	USD	2 Qtrs
Common stock issued for future service	`CommonStockIssuedForPriorAndFutureService`	-	USD	2 Qtrs
Common stock issued for future service	`CommonStockIssuedForPriorAndFutureService`	$54.80K	USD	2 Qtrs

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