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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
 12 Months Ended
Dec. 31, 2011
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

7. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

 

Accrued expenses and other current liabilities consist of the following:

 

     December 31,  
     2010      2011  

VAT payable

    $ 8,490,785       $ —   

Accrued payroll and welfare

      2,851,847         3,822,426   

Accrued professional fees

      916,531         928,957   

Guarantee Deposit

      3,665,827         131,473   

Other tax payable

      1,271,420         1,196,931   

Interest payable

      256,070         530,502   

Government subsidy

      792,945         757,310   

Others

      1,182,844         1,796,923   
  

 

 

     

 

 

  

Total

    $ 19,428,269       $ 9,164,522