10-K Filing

SHARING ECONOMY INTERNATIONAL INC. CIK: 819926 FY 2017

Filing Information

Form Type	10-K
Accession Number	`0001213900-18-004297`
Period End Date	20171231
Filing Date	20180411
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	cwzn-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 74 Cash Flow Statement 114 Stockholders Equity 16

Balance Sheet 96 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`	$18.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.48M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$551.05K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$272.99K	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$133.91K	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
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$461.29K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	12.50M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$13.92M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	12.50M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$9.09M	USD	Point-in-time
Inventories, net of reserve for obsolete inventories	`InventoryNet`	$4.55M	USD	Point-in-time
Inventories, net of reserve for obsolete inventories	`InventoryNet`	$2.39M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1.42M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.53M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.53M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.42M	shares	Point-in-time
Advances to suppliers	`Supplies`	$2.02M	USD	Point-in-time
Advances to suppliers	`Supplies`	$1.12M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	-	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$386.38K	USD	Point-in-time
Receivable from sale of subsidiary	`ReceivableFromSaleOfSubsidiaryCurrent`	$2.95M	USD	Point-in-time
Receivable from sale of subsidiary	`ReceivableFromSaleOfSubsidiaryCurrent`	$4.84M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$9.07K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$2.14M	USD	Point-in-time
Assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$1.76M	USD	Point-in-time
Assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$407.51K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$26.59M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.93M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$8.61M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$9.05M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$29.88M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$33.18M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$5.39M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$5.28M	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$47.63M	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$43.77M	USD	Point-in-time
Total assets	`Assets`	$70.37M	USD	Point-in-time
Total assets	`Assets`	$70.56M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$2.16M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$2.07M	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$547.17K	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$422.59K	USD	Point-in-time
Convertible note payable	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Convertible note payable	`ConvertibleNotesPayableCurrent`	$670.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$864.87K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$368.39K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$165.75K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$427.45K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$2.45M	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$347.59K	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	-	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	$47.32K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$79.47K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$63.48K	USD	Point-in-time
Liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$389.63K	USD	Point-in-time
Liabilities of discontinued operations	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$558.66K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.39M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.05M	USD	Point-in-time
Commitments and contingencies (see Note 19)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 19)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; No shares issued and outstanding at December 31, 2017 and 2016)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; No shares issued and outstanding at December 31, 2017 and 2016)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.001 par value; 12,500,000 shares authorized; 2,527,720 and 1,415,441 shares issued and outstanding at December 31, 2017 and 2016, respectively)	`CommonStockValue`	$1.42K	USD	Point-in-time
Common stock ($0.001 par value; 12,500,000 shares authorized; 2,527,720 and 1,415,441 shares issued and outstanding at December 31, 2017 and 2016, respectively)	`CommonStockValue`	$2.53K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$35.55M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$40.24M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$26.53M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.62M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$2.35M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$2.35M	USD	Point-in-time
Accumulated other comprehensive income - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$876.99K	USD	Point-in-time
Accumulated other comprehensive income - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$4.92M	USD	Point-in-time
Total Sharing Economy International Inc. stockholder's equity	`StockholdersEquity`	$61.14M	USD	Point-in-time
Total Sharing Economy International Inc. stockholder's equity	`StockholdersEquity`	$65.31M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$24.23K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	-	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.31M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$80.07M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$61.17M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$70.37M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$70.56M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$13.52M	USD	Annual
REVENUES	`Revenues`	$17.36M	USD	Annual
COST OF REVENUES	`CostOfRevenue`	$13.68M	USD	Annual
COST OF REVENUES	`CostOfRevenue`	$14.82M	USD	Annual
GROSS (LOSS) PROFIT	`GrossProfit`	$-155.83K	USD	Annual
GROSS (LOSS) PROFIT	`GrossProfit`	$2.55M	USD	Annual
Depreciation	`DepreciationNonproduction`	$517.93K	USD	Annual
Depreciation	`DepreciationNonproduction`	$1.10M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.62M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.00M	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$1.04M	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$6.47M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$304.05K	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$420.02K	USD	Annual
Impairment expense	`AssetImpairmentCharges`	-	USD	Annual
Impairment expense	`AssetImpairmentCharges`	$462.11K	USD	Annual
Total operating expenses	`OperatingExpenses`	$3.86M	USD	Annual
Total operating expenses	`OperatingExpenses`	$12.08M	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-12.23M	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-1.31M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$24.34K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$12.57K	USD	Annual
Interest expense	`InterestExpense`	$137.82K	USD	Annual
Interest expense	`InterestExpense`	$124.94K	USD	Annual
Loss on equity method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	Annual
Loss on equity method investment	`IncomeLossFromEquityMethodInvestments`	$-130.50K	USD	Annual
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$1.81K	USD	Annual
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-166.00	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$69.58K	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$19.68K	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-187.97K	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-80.74K	USD	Annual
LOSS FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-12.42M	USD	Annual
LOSS FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.39M	USD	Annual
Current	`CurrentIncomeTaxExpenseBenefit`	$11.27K	USD	Annual
Current	`CurrentIncomeTaxExpenseBenefit`	-	USD	Annual
Deferred	`DeferredIncomeTaxExpenseBenefit`	-	USD	Annual
Deferred	`DeferredIncomeTaxExpenseBenefit`	$397.01K	USD	Annual
Total Income taxes provision	`IncomeTaxExpenseBenefit`	-	USD	Annual
Total Income taxes provision	`IncomeTaxExpenseBenefit`	$408.29K	USD	Annual
LOSS FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.39M	USD	Annual
LOSS FROM CONTINUING OPERATIONS	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-12.83M	USD	Annual
Loss from discontinued operations, net of income taxes	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-97.96K	USD	Annual
Loss from discontinued operations, net of income taxes	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-3.83M	USD	Annual
Loss on sale / disposal of discontinued operations, net of income taxes	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$6.46M	USD	Annual
Loss on sale / disposal of discontinued operations, net of income taxes	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	-	USD	Annual
LOSS FROM DISCONTINUED OPERATIONS, NET OF INCOME TAXES	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-10.29M	USD	Annual
LOSS FROM DISCONTINUED OPERATIONS, NET OF INCOME TAXES	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-97.96K	USD	Annual
NET LOSS	`ProfitLoss`	$-12.93M	USD	Annual
NET LOSS	`ProfitLoss`	$-11.68M	USD	Annual
NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTEREST	`NetIncomeLossAttributableToNoncontrollingInterest`	$-19.58K	USD	Annual
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLoss`	$-12.91M	USD	Annual
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLoss`	$-11.68M	USD	Annual
Net loss	`ProfitLoss`	$-12.93M	USD	Annual
Net loss	`ProfitLoss`	$-11.68M	USD	Annual
Unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.82M	USD	Annual
Unrealized foreign currency translation gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.05M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-8.88M	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-16.50M	USD	Annual
Net loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	Annual
Net loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-19.58K	USD	Annual
Unrealized foreign currency translation gain (loss) from non-controlling interest	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	Annual
Unrealized foreign currency translation gain (loss) from non-controlling interest	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	Annual
Comprehensive loss attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-16.50M	USD	Annual
Comprehensive loss attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-8.86M	USD	Annual
Continuing operations - basic and diluted	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-6.99	USD	Annual
Continuing operations - basic and diluted	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-1.17	USD	Annual
Discontinued operations - basic and diluted	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	$-8.64	USD	Annual
Discontinued operations - basic and diluted	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare`	$-0.05	USD	Annual
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-7.04	USD	Annual
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-9.81	USD	Annual
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.83M	shares	Annual
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.19M	shares	Annual

Cash Flow Statement 114 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-12.93M	USD	Annual
Net loss	`ProfitLoss`	$-11.68M	USD	Annual
Depreciation	`Depreciation`	$3.83M	USD	Annual
Depreciation	`Depreciation`	$3.95M	USD	Annual
Depreciation - discontinued operations	`DepreciationAndAmortizationDiscontinuedOperations`	-	USD	Annual
Depreciation - discontinued operations	`DepreciationAndAmortizationDiscontinuedOperations`	$1.72M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$189.33K	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$324.19K	USD	Annual
Allowance for doubtful accounts	`AllowanceForDoubtfulAccounts`	$6.47M	USD	Annual
Allowance for doubtful accounts	`AllowanceForDoubtfulAccounts`	$2.76M	USD	Annual
Allowance for doubtful accounts - discontinued operations	`IncreaseInAllowanceForDoubtfulAccountsDiscontinuedOperations`	$66.08K	USD	Annual
Allowance for doubtful accounts - discontinued operations	`IncreaseInAllowanceForDoubtfulAccountsDiscontinuedOperations`	-	USD	Annual
Loss from impairment of acquisition of a non-wholly owned subsidiary	`LossFromImpairmentOfAcquisitionOfSubsidiary`	-	USD	Annual
Loss from impairment of acquisition of a non-wholly owned subsidiary	`LossFromImpairmentOfAcquisitionOfSubsidiary`	$-462.11K	USD	Annual
Loss on sale of subsidiary of discontinued operations	`GainLossOnSaleOfSubsidiaryOfDiscontinuedOperations`	$-6.46M	USD	Annual
Loss on sale of subsidiary of discontinued operations	`GainLossOnSaleOfSubsidiaryOfDiscontinuedOperations`	-	USD	Annual
Loss from impairment of property and equipment - discontinued operations	`LossFromImpairmentOfPropertyAndEquipmentDiscontinuedOperations`	-	USD	Annual
Loss from impairment of property and equipment - discontinued operations	`LossFromImpairmentOfPropertyAndEquipmentDiscontinuedOperations`	$-1.66M	USD	Annual
Loss on equity method investment	`IncomeLossFromEquityMethodInvestments`	-	USD	Annual
Loss on equity method investment	`IncomeLossFromEquityMethodInvestments`	$-130.50K	USD	Annual
Stock-based compensation and fees	`ShareBasedCompensation`	$1.59M	USD	Annual
Stock-based compensation and fees	`ShareBasedCompensation`	$927.21K	USD	Annual
Inventory reserve	`InventoryReserve`	$285.33K	USD	Annual
Inventory reserve	`InventoryReserve`	-	USD	Annual
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$10.54K	USD	Annual
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$306.54K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$924.21K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.91M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$874.05K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$2.21M	USD	Annual
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$255.32K	USD	Annual
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-6.07K	USD	Annual
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$801.28K	USD	Annual
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$742.75K	USD	Annual
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$188.09K	USD	Annual
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$-397.01K	USD	Annual
Assets of discontinued operations	`AssetsOfDiscontinuedOperations`	$-42.27K	USD	Annual
Assets of discontinued operations	`AssetsOfDiscontinuedOperations`	$-2.66M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.85M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-958.16K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-173.03K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-210.40K	USD	Annual
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-132.93K	USD	Annual
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-48.62K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-170.94K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-20.53K	USD	Annual
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$1.92M	USD	Annual
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$52.34K	USD	Annual
Liabilities of discontinued operations	`LiabilitiesOfDiscontinuedOperations`	$-6.38M	USD	Annual
Liabilities of discontinued operations	`LiabilitiesOfDiscontinuedOperations`	$-198.89K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-409.79K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.95M	USD	Annual
Purchase of patent use rights	`PaymentsToAcquirePatent`	-	USD	Annual
Purchase of patent use rights	`PaymentsToAcquirePatent`	$2.41M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.21M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.20M	USD	Annual
Payments made for equity method investment	`PaymentsToAcquireEquityMethodInvestments`	$9.00M	USD	Annual
Payments made for equity method investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	Annual
Proceed received from sale of subsidiary in cash	`ProceedReceivedFromSaleOfSubsidiaryInCash`	$-2.17M	USD	Annual
Proceed received from sale of subsidiary in cash	`ProceedReceivedFromSaleOfSubsidiaryInCash`	$-2.13M	USD	Annual
Proceeds from sales of equipment from discontinued operations	`ProceedsFromSalesOfEquipmentFromDiscontinuedOperations`	-	USD	Annual
Proceeds from sales of equipment from discontinued operations	`ProceedsFromSalesOfEquipmentFromDiscontinuedOperations`	$1.15M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.92M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.45M	USD	Annual
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$3.76M	USD	Annual
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$1.26M	USD	Annual
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$1.48M	USD	Annual
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$3.84M	USD	Annual
Proceeds from convertible note payable	`ProceedsFromConvertibleDebt`	$670.00K	USD	Annual
Proceeds from convertible note payable	`ProceedsFromConvertibleDebt`	-	USD	Annual
Decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$60.21K	USD	Annual
Decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$303.31K	USD	Annual
Increase in restricted cash - discontinued operations	`DecreaseIncreaseInRestrictedCashDiscontinuedOperations`	-	USD	Annual
Increase in restricted cash - discontinued operations	`DecreaseIncreaseInRestrictedCashDiscontinuedOperations`	$-67.73K	USD	Annual
Decrease in bank acceptance notes payable	`RepaymentsOfBankDebt`	$155.35K	USD	Annual
Decrease in bank acceptance notes payable	`RepaymentsOfBankDebt`	$60.21K	USD	Annual
Advance from related party	`AdvanceFromRelatedParty`	-	USD	Annual
Advance from related party	`AdvanceFromRelatedParty`	$347.59K	USD	Annual
Proceeds from sale of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$753.40K	USD	Annual
Proceeds from sale of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$860.00K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.80M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$610.40K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-519.15K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$66.44K	USD	Annual
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-17.31M	USD	Annual
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-462.06K	USD	Annual
Cash and cash equivalents - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$18.79M	USD	Point-in-time
Cash and cash equivalents - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.02M	USD	Point-in-time
Cash and cash equivalents - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.48M	USD	Point-in-time
Cash and cash equivalents - end of year	`CashAndCashEquivalentsAtCarryingValue`	$18.79M	USD	Point-in-time
Cash and cash equivalents - end of year	`CashAndCashEquivalentsAtCarryingValue`	$1.02M	USD	Point-in-time
Cash and cash equivalents - end of year	`CashAndCashEquivalentsAtCarryingValue`	$1.48M	USD	Point-in-time
Interest	`InterestPaidNet`	$134.46K	USD	Annual
Interest	`InterestPaidNet`	$166.94K	USD	Annual
Income taxes	`IncomeTaxesPaid`	-	USD	Annual
Income taxes	`IncomeTaxesPaid`	$360.32K	USD	Annual
Interest	`Interest`	$48.25K	USD	Annual
Interest	`Interest`	-	USD	Annual
Income taxes	`IncomeTaxes`	-	USD	Annual
Income taxes	`IncomeTaxes`	$189.57K	USD	Annual
Stock issued for future services	`StockIssuedForFutureServices`	$1.71M	USD	Annual
Stock issued for future services	`StockIssuedForFutureServices`	$9.07K	USD	Annual
Stock issued for accrued liabilities	`StockIssuedForAccruedLiabilities`	$37.84K	USD	Annual
Stock issued for accrued liabilities	`StockIssuedForAccruedLiabilities`	$54.00K	USD	Annual
Stock issued for acquisition of a non-wholly owned subsidiary	`StockIssuedForAcquisitionOfNonWhollyOwnedSubsidiary`	-	USD	Annual
Stock issued for acquisition of a non-wholly owned subsidiary	`StockIssuedForAcquisitionOfNonWhollyOwnedSubsidiary`	$507.71K	USD	Annual
Property and equipment acquired on credit as payable	`PropertyAndEquipmentAcquiredOnCreditAsPayable`	-	USD	Annual
Property and equipment acquired on credit as payable	`PropertyAndEquipmentAcquiredOnCreditAsPayable`	$15.26K	USD	Annual
Decrease in assets upon sale of subsidiary	`DecreaseInAssetsUponSaleOfSubsidiary`	$14.67M	USD	Annual
Decrease in assets upon sale of subsidiary	`DecreaseInAssetsUponSaleOfSubsidiary`	-	USD	Annual
Decrease in liabilities upon sale of subsidiary	`DecreaseInLiabilitiesUponSaleOfSubsidiary`	$1.01M	USD	Annual
Decrease in liabilities upon sale of subsidiary	`DecreaseInLiabilitiesUponSaleOfSubsidiary`	-	USD	Annual
Increase in receivable from sale of subsidiary	`IncreaseInReceivableFromSaleOfSubsidiary`	$7.23M	USD	Annual
Increase in receivable from sale of subsidiary	`IncreaseInReceivableFromSaleOfSubsidiary`	-	USD	Annual

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.31M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$80.07M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$61.17M	USD	Point-in-time
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$990.28K	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$3.33M	USD	Annual
Common stock sold for cash	`StockIssuedDuringPeriodValueNewIssues`	$753.40K	USD	Annual
Common stock sold for cash	`StockIssuedDuringPeriodValueNewIssues`	$860.00K	USD	Annual
Common stock issued for acquisition of a non-wholly owned subsidiary	`StockIssuedDuringPeriodValueIssuedForCommonStockAquisitionOfSubsidary`	$507.71K	USD	Annual
Share of reserve arising from acquisition of a non-wholly owned subsidiary	`StockIssuedDuringPeriodReserveArisingFromAcqusitionOfNonWhollyOwnedSubsidiary`	$43.81K	USD	Annual
Net loss for the year	`ProfitLoss`	$-12.93M	USD	Annual
Net loss for the year	`ProfitLoss`	$-11.68M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-4.82M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$4.05M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.31M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$80.07M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$61.17M	USD	Point-in-time

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