10-Q Filing

SHARING ECONOMY INTERNATIONAL INC. CIK: 819926 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001213900-16-015807`
Period End Date	20160630
Filing Date	20160812
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	clnt-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 92 Cash Flow Statement 74

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`	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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.84M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$248.37K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$647.08K	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
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$69.24K	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$132.50K	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`	$15.06M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$15.82M	USD	Point-in-time
Inventories, net of reserve for obsolete inventories	`InventoryNet`	$2.97M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.94M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	4.88M	shares	Point-in-time
Inventories, net of reserve for obsolete inventories	`InventoryNet`	$1.83M	USD	Point-in-time
Advances to suppliers	`Supplies`	$1.04M	USD	Point-in-time
Advances to suppliers	`Supplies`	$855.67K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.88M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.94M	shares	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$220.90K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$215.82K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$864.90K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$992.05K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$39.47M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$39.82M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$47.28M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$51.75M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.38M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.26M	USD	Point-in-time
Total Assets	`Assets`	$94.61M	USD	Point-in-time
Total Assets	`Assets`	$90.35M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$3.08M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$2.94M	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$237.83K	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$647.08K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.49M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.24M	USD	Point-in-time
Accrued liability for claimed sale contract dispute	`AccruedLiabilityForClaimedSaleContractDisputeCurrent`	$5.43M	USD	Point-in-time
Accrued liability for claimed sale contract dispute	`AccruedLiabilityForClaimedSaleContractDisputeCurrent`	$5.56M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$798.71K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$203.94K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$433.05K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$350.35K	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	$35.83K	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	$269.28K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$259.99K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$115.56K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$14.54M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$12.55M	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.55M	USD	Point-in-time
Total Liabilities	`Liabilities`	$14.54M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at June 30, 2016 and December 31, 2015)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at June 30, 2016 and December 31, 2015)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 4,876,486 and 3,943,986 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively)	`CommonStockValue`	$3.94K	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 4,876,486 and 3,943,986 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively)	`CommonStockValue`	$4.88K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$34.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$33.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$37.01M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$35.48M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$3.56M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$3.56M	USD	Point-in-time
Accumulated other comprehensive income - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$3.85M	USD	Point-in-time
Accumulated other comprehensive income - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$5.70M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$80.07M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$77.80M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$90.35M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$94.61M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$30.84M	USD	2 Qtrs
REVENUES	`Revenues`	$8.98M	USD	2 Qtrs
REVENUES	`Revenues`	$4.06M	USD	1 Quarter
REVENUES	`Revenues`	$15.19M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$25.07M	USD	2 Qtrs
COST OF REVENUES	`CostOfRevenue`	$12.50M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$3.86M	USD	1 Quarter
COST OF REVENUES	`CostOfRevenue`	$8.56M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$419.01K	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$2.69M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$5.77M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$206.13K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$374.13K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$167.40K	USD	1 Quarter
Depreciation	`DepreciationNonproduction`	$534.87K	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$512.09K	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.67M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.07M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$794.44K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$354.36K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$84.64K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$57.26K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$28.56K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$66.24K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$990.40K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$2.24M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$1.69M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$794.73K	USD	1 Quarter
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$1.70M	USD	1 Quarter
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-588.60K	USD	1 Quarter
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-1.27M	USD	2 Qtrs
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$3.53M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$10.02K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$21.98K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$12.68K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$18.52K	USD	2 Qtrs
Interest expense	`InterestExpense`	$111.18K	USD	2 Qtrs
Interest expense	`InterestExpense`	$56.63K	USD	1 Quarter
Interest expense	`InterestExpense`	$55.46K	USD	1 Quarter
Interest expense	`InterestExpense`	$113.97K	USD	2 Qtrs
Foreign currency transaction gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-62.00	USD	1 Quarter
Foreign currency transaction gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency transaction gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$11.00	USD	2 Qtrs
Foreign currency transaction gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-176.00	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$393.00	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	-	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$393.00	USD	2 Qtrs
Total Other Expense, net	`NonoperatingIncomeExpense`	$-44.99K	USD	1 Quarter
Total Other Expense, net	`NonoperatingIncomeExpense`	$-88.62K	USD	2 Qtrs
Total Other Expense, net	`NonoperatingIncomeExpense`	$-95.47K	USD	2 Qtrs
Total Other Expense, net	`NonoperatingIncomeExpense`	$-43.94K	USD	1 Quarter
(LOSS) INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.43M	USD	2 Qtrs
(LOSS) INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.66M	USD	1 Quarter
(LOSS) INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.35M	USD	2 Qtrs
(LOSS) INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-633.59K	USD	1 Quarter
INCOME TAXES	`IncomeTaxExpenseBenefit`	$432.68K	USD	1 Quarter
INCOME TAXES	`IncomeTaxExpenseBenefit`	$46.60K	USD	1 Quarter
INCOME TAXES	`IncomeTaxExpenseBenefit`	$962.82K	USD	2 Qtrs
INCOME TAXES	`IncomeTaxExpenseBenefit`	$169.41K	USD	2 Qtrs
NET (LOSS) INCOME	`NetIncomeLoss`	$-1.52M	USD	2 Qtrs
NET (LOSS) INCOME	`NetIncomeLoss`	$-680.18K	USD	1 Quarter
NET (LOSS) INCOME	`NetIncomeLoss`	$2.47M	USD	2 Qtrs
NET (LOSS) INCOME	`NetIncomeLoss`	$1.23M	USD	1 Quarter
NET (LOSS) INCOME	`ComprehensiveIncomeNetOfTax`	$2.47M	USD	2 Qtrs
NET (LOSS) INCOME	`ComprehensiveIncomeNetOfTax`	$1.23M	USD	1 Quarter
NET (LOSS) INCOME	`ComprehensiveIncomeNetOfTax`	$-1.52M	USD	2 Qtrs
NET (LOSS) INCOME	`ComprehensiveIncomeNetOfTax`	$-680.18K	USD	1 Quarter
Unrealized foreign currency translation (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$802.30K	USD	2 Qtrs
Unrealized foreign currency translation (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.37M	USD	1 Quarter
Unrealized foreign currency translation (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$329.32K	USD	1 Quarter
Unrealized foreign currency translation (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.84M	USD	2 Qtrs
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-3.37M	USD	2 Qtrs
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.27M	USD	2 Qtrs
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-3.05M	USD	1 Quarter
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.56M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.15	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.36	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.63	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.31	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.15	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.36	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.63	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	4.49M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	4.29M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.94M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.94M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.94M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	4.29M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	4.49M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.94M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-1.52M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$-680.18K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$2.47M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$1.23M	USD	1 Quarter
Depreciation	`Depreciation`	$3.35M	USD	2 Qtrs
Depreciation	`Depreciation`	$2.07M	USD	1 Quarter
Depreciation	`Depreciation`	$4.14M	USD	2 Qtrs
Depreciation	`Depreciation`	$1.68M	USD	1 Quarter
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$22.63K	USD	1 Quarter
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$45.23K	USD	2 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$48.35K	USD	2 Qtrs
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$24.27K	USD	1 Quarter
Stock-based compensation and fees	`ShareBasedCompensation`	$274.40K	USD	2 Qtrs
Stock-based compensation and fees	`ShareBasedCompensation`	$488.50K	USD	2 Qtrs
Decrease in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-6.22K	USD	2 Qtrs
Decrease in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-29.45K	USD	2 Qtrs
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-61.20K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-402.45K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.99M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.21M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$286.89K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-180.17K	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-10.37K	USD	2 Qtrs
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$-161.97K	USD	2 Qtrs
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$-2.84K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-172.85K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$894.08K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-535.69K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-568.80K	USD	2 Qtrs
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-266.23K	USD	2 Qtrs
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-231.02K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-140.74K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-476.59K	USD	2 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$458.22K	USD	2 Qtrs
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$-73.95K	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$804.16K	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$8.72M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.62K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.34K	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-5.62K	USD	2 Qtrs
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-9.34K	USD	2 Qtrs
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$2.22M	USD	2 Qtrs
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$2.94M	USD	2 Qtrs
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$2.78M	USD	2 Qtrs
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$2.30M	USD	2 Qtrs
Decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$327.18K	USD	2 Qtrs
Decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$390.18K	USD	2 Qtrs
Decrease in bank acceptance notes payable	`RepaymentsOfBankDebt`	$400.89K	USD	2 Qtrs
Decrease in bank acceptance notes payable	`RepaymentsOfBankDebt`	$327.18K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$483.00K	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$395.78K	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$163.59K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-458.07K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$95.00K	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.97M	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$732.53K	USD	2 Qtrs
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.81M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.52M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$18.79M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.84M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.81M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.52M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$18.79M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.84M	USD	Point-in-time
Interest	`InterestPaid`	$111.18K	USD	2 Qtrs
Interest	`InterestPaid`	$113.97K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$118.76K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$1.44M	USD	2 Qtrs
Stock issued for future services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	2 Qtrs
Stock issued for future services	`StockIssuedDuringPeriodValueIssuedForServices`	$72.60K	USD	2 Qtrs
Stock issued for accrued liabilities	`StockIssuedForAccruedLiabilities`	-	USD	2 Qtrs
Stock issued for accrued liabilities	`StockIssuedForAccruedLiabilities`	$54.00K	USD	2 Qtrs

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