INTANGIBLE ASSETS, NET

12 Months Ended

Dec. 31, 2016

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Intangible Assets Disclosure [Text Block]

8.	INTANGIBLE ASSETS, NET

Intangible assets from continuing operations consist of the following:

	December 31,
	2016		2015
Software copyright	$	1,681,890	$	3,754,861
Patent and others		2,990,234		2,847,940
Total intangible assets		4,672,124		6,602,801

Less: Accumulated and amortization		(862,275)		(658,644)
Impairment loss		-		(1,495,353)
Intangible assets, net		3,809,849		4,448,804
Less: intangible assets, net, held for discontinued operations		-		-
Intangible assets, net, held for continuing operations	$	3,809,849	$	4,448,804

Amortization expense from the continuing operations was $363,190, $312,821 and $104,063 for the years ended December 31, 2016, 2015, and 2014, respectively. Amortization expense from the discontinued operations was $0, $0 and $47,610 for the years ended December 31, 2016, 2015, and 2014, respectively. Impairment loss from the discontinued operations was $0, $0 and $1,579,495 for the years ended December 31, 2016, 2015, and 2014 respectively. Annual future amortization expense at December 31 as follows:

2017	$	344,306
2018		342,322
2019		342,322
2020		342,322
2021		342,322
2022 and thereafter		2,096,255
	$	3,809,849