10-K Filing

SHARING ECONOMY INTERNATIONAL INC. CIK: 819926 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001213900-14-001839`
Period End Date	20131231
Filing Date	20140328
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	cws-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 49 Cash Flow Statement 85 Stockholders Equity 20

Balance Sheet 86 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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.15M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$687.35K	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$703.72K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$88.03K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$15.23M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.50M	shares	Point-in-time
Inventories, net of reserve for obsolete inventory	`InventoryNet`	$4.73M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.89M	shares	Point-in-time
Inventories, net of reserve for obsolete inventory	`InventoryNet`	$5.90M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.89M	shares	Point-in-time
Advances to suppliers	`Supplies`	$593.10K	USD	Point-in-time
Advances to suppliers	`Supplies`	$695.25K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.50M	shares	Point-in-time
Prepaid VAT on purchases	`PrepaidTaxes`	$542.03K	USD	Point-in-time
Prepaid VAT on purchases	`PrepaidTaxes`	$489.30K	USD	Point-in-time
Deferred tax assets - current portion	`DeferredTaxAssetsNetCurrent`	-	USD	Point-in-time
Deferred tax assets - current portion	`DeferredTaxAssetsNetCurrent`	$253.17K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$74.03K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$428.33K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$23.99M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$19.07M	USD	Point-in-time
PROPERTY AND EQUIPMENT - net	`PropertyPlantAndEquipmentNet`	$70.60M	USD	Point-in-time
PROPERTY AND EQUIPMENT - net	`PropertyPlantAndEquipmentNet`	$59.44M	USD	Point-in-time
Deferred tax assets - net of current portion	`DeferredTaxAssetsNetNoncurrent`	$1.22M	USD	Point-in-time
Deferred tax assets - net of current portion	`DeferredTaxAssetsNetNoncurrent`	$551.89K	USD	Point-in-time
Equipment held for operating lease	`AssetsHeldForSalePropertyPlantAndEquipment`	$4.75M	USD	Point-in-time
Equipment held for operating lease	`AssetsHeldForSalePropertyPlantAndEquipment`	$7.12M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.79M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.76M	USD	Point-in-time
Total Assets	`Assets`	$89.94M	USD	Point-in-time
Total Assets	`Assets`	$104.34M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$3.11M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$2.22M	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$687.35K	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.96M	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`	$899.82K	USD	Point-in-time
Capital lease obligation - current portion	`CapitalLeaseObligationsCurrent`	-	USD	Point-in-time
Capital lease obligation - current portion	`CapitalLeaseObligationsCurrent`	$251.41K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$1.85M	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$1.46M	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	$126.35K	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`	$1.62M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$11.81M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$12.86M	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`	$12.86M	USD	Point-in-time
Total Liabilities	`Liabilities`	$11.94M	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at December 31, 2013 and 2012, respectively)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at December 31, 2013 and 2012, respectively)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 3,503,502 and 2,894,586 shares issued and outstanding at December 31, 2013 and 2012, respectively)	`CommonStockValue`	$2.89K	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 3,503,502 and 2,894,586 shares issued and outstanding at December 31, 2013 and 2012, respectively)	`CommonStockValue`	$3.50K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$31.53M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.99M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$46.32M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$38.40M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$2.74M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$2.48M	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`	$10.87M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$71.76M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$91.48M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$77.99M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$89.94M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$104.34M	USD	Point-in-time

Income Statement 49 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$57.20M	USD	Annual
REVENUES	`Revenues`	$72.11M	USD	Annual
COST OF REVENUES	`CostOfRevenue`	$54.45M	USD	Annual
COST OF REVENUES	`CostOfRevenue`	$44.06M	USD	Annual
GROSS PROFIT	`GrossProfit`	$17.67M	USD	Annual
GROSS PROFIT	`GrossProfit`	$13.14M	USD	Annual
Depreciation	`DepreciationNonproduction`	$1.54M	USD	Annual
Depreciation	`DepreciationNonproduction`	$573.09K	USD	Annual
Impairment loss	`AssetImpairmentCharges`	$2.57M	USD	Annual
Impairment loss	`AssetImpairmentCharges`	$2.21M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.05M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.13M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$6.79M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$6.27M	USD	Annual
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$6.34M	USD	Annual
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$11.39M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$11.38K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$22.29K	USD	Annual
Interest expense	`InterestExpense`	$305.66K	USD	Annual
Interest expense	`InterestExpense`	$300.38K	USD	Annual
Foreign currency gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$157.00	USD	Annual
Foreign currency gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$27.69K	USD	Annual
Warrant modification expense	`WarrantsModificationExpense`	$37.73K	USD	Point-in-time
Warrant modification expense	`WarrantsModificationExpense`	$235.13K	USD	Annual
Warrant modification expense	`WarrantsModificationExpense`	-	USD	Annual
Other income	`OtherSalesRevenueNet`	$42.78K	USD	Annual
Other income	`OtherSalesRevenueNet`	$85.73K	USD	Annual
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-207.63K	USD	Annual
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-443.52K	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$11.19M	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.90M	USD	Annual
INCOME TAXES	`IncomeTaxExpenseBenefit`	$3.00M	USD	Annual
INCOME TAXES	`IncomeTaxExpenseBenefit`	$1.70M	USD	Annual
NET INCOME	`IncomeLossAttributableToParent`	$4.20M	USD	Annual
NET INCOME	`IncomeLossAttributableToParent`	$8.19M	USD	Annual
NET INCOME	`IncomeLossAttributableToParent`	$4.20M	USD	Annual
NET INCOME	`IncomeLossAttributableToParent`	$8.19M	USD	Annual
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$543.41K	USD	Annual
Unrealized foreign currency translation gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.75M	USD	Annual
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$10.94M	USD	Annual
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.74M	USD	Annual
Basic	`EarningsPerShareBasic`	$1.65	USD	Annual
Basic	`EarningsPerShareBasic`	$2.55	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.58	USD	Annual
Diluted	`EarningsPerShareDiluted`	$2.55	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.54M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.21M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.65M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.21M	shares	Annual

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`IncomeLossAttributableToParent`	$4.20M	USD	Annual
NET INCOME	`IncomeLossAttributableToParent`	$8.19M	USD	Annual
Depreciation	`Depreciation`	$6.70M	USD	Annual
Depreciation	`Depreciation`	$6.52M	USD	Annual
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$95.49K	USD	Annual
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$93.54K	USD	Annual
Increase (decrease) in inventory reserve	`DecreaseInInventoryReserve`	$37.88K	USD	Annual
Increase (decrease) in inventory reserve	`DecreaseInInventoryReserve`	$-41.38K	USD	Annual
Decrease in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-628.19K	USD	Annual
Decrease in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-46.67K	USD	Annual
Loss on impairment of equipment held for operating lease	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-2.57M	USD	Annual
Loss on impairment of equipment held for operating lease	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-2.21M	USD	Annual
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets`	$-11.39K	USD	Annual
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets`	-	USD	Annual
Warrant modification expense	`WarrantsModificationExpense`	$37.73K	USD	Point-in-time
Warrant modification expense	`WarrantsModificationExpense`	$235.13K	USD	Annual
Warrant modification expense	`WarrantsModificationExpense`	-	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$167.71K	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$423.11K	USD	Annual
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$34.18K	USD	Annual
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$604.80K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.13M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.89M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-1.30M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$1.55M	USD	Annual
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	$-70.06K	USD	Annual
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	$-981.24K	USD	Annual
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-91.67K	USD	Annual
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$43.51K	USD	Annual
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$81.12K	USD	Annual
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$371.85K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.81M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$438.94K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$209.83K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-112.80K	USD	Annual
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-86.00K	USD	Annual
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$206.41K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-326.37K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-129.38K	USD	Annual
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$675.67K	USD	Annual
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$-452.66K	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$10.63M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$11.47M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.63M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.74M	USD	Annual
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-14.63M	USD	Annual
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-10.74M	USD	Annual
Principal payments on capital lease	`RepaymentsOfLongTermCapitalLeaseObligations`	$246.49K	USD	Annual
Principal payments on capital lease	`RepaymentsOfLongTermCapitalLeaseObligations`	$391.96K	USD	Annual
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$3.48M	USD	Annual
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$5.65M	USD	Annual
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$4.85M	USD	Annual
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$3.64M	USD	Annual
(Increase) decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-678.46K	USD	Annual
(Increase) decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$316.46K	USD	Annual
Increase (decrease) in bank acceptance notes payable	`ProceedsFromBankDebt`	$-316.46K	USD	Annual
Increase (decrease) in bank acceptance notes payable	`ProceedsFromBankDebt`	$678.46K	USD	Annual
Net proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.39M	USD	Annual
Net proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from sale of common stock - related parties	`ProceedsFromIssuanceOfCommonStockRelatedParties`	-	USD	Annual
Proceeds from sale of common stock - related parties	`ProceedsFromIssuanceOfCommonStockRelatedParties`	$612.90K	USD	Annual
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	Annual
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$198.14K	USD	Annual
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$2.80M	USD	Annual
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$406.33K	USD	Annual
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.73K	USD	Annual
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$30.03K	USD	Annual
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-330.86K	USD	Annual
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$293.12K	USD	Annual
CASH AND CASH EQUIVALENTS - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.15M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of year	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of year	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of year	`CashAndCashEquivalentsAtCarryingValue`	$1.15M	USD	Point-in-time
Interest	`InterestPaid`	$300.38K	USD	Annual
Interest	`InterestPaid`	$305.66K	USD	Annual
Income taxes	`IncomeTaxesPaid`	$2.03M	USD	Annual
Income taxes	`IncomeTaxesPaid`	$3.13M	USD	Annual
Property and equipment acquired on credit as payable	`IncreaseInPropertyInExchangeForIncreaseInPayable`	$1.12M	USD	Annual
Property and equipment acquired on credit as payable	`IncreaseInPropertyInExchangeForIncreaseInPayable`	-	USD	Annual
Series A preferred converted to common shares	`StockIssuedForConvertibleSecurities`	-	USD	Annual
Series A preferred converted to common shares	`StockIssuedForConvertibleSecurities`	$13.20K	USD	Annual
Common stock issued for future service	`CommonStockIssuedForPriorAndFutureService`	-	USD	Annual
Common stock issued for future service	`CommonStockIssuedForPriorAndFutureService`	$281.26K	USD	Annual

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$71.76M	USD	Point-in-time
Balance	`StockholdersEquity`	$91.48M	USD	Point-in-time
Balance	`StockholdersEquity`	$77.99M	USD	Point-in-time
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$441.15K	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$157.20K	USD	Annual
Series A preferred converted to common shares	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Series A preferred issued for warrant modification	`StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants`	$235.13K	USD	Annual
Exercise of stock warrants	`StockIssuedDuringPeriodValueStockOptionsExercised`	$198.14K	USD	Annual
Sale of common stock - related parties	`SaleOfCommonStockRelatedParties`	$612.90K	USD	Annual
Sale of common stock	`StockIssuedDuringPeriodValueIssuedForCash`	$2.39M	USD	Annual
Shares issued for adjustments for 1:10 reverse split, Shares	`StockIssuedDuringPeriodSharesReverseStockSplits`	-	shares	Annual
Adjustment to statutory reserve	`StockholdersEquityOther`	-	USD	Annual
Adjustment to statutory reserve	`StockholdersEquityOther`	-	USD	Annual
Net income for the year	`ProfitLoss`	$4.20M	USD	Annual
Net income for the year	`ProfitLoss`	$8.19M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$2.75M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$543.41K	USD	Annual
Balance	`StockholdersEquity`	$71.76M	USD	Point-in-time
Balance	`StockholdersEquity`	$91.48M	USD	Point-in-time
Balance	`StockholdersEquity`	$77.99M	USD	Point-in-time

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