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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 53,548 $ 477,309
Accounts receivable, net 44,766 92,149
Other receivables and prepayments, net 44,121 267,781
Advance to suppliers 148,030 152,751
Inventories, net 1,117,256 1,349,102
Other taxes receivable 352,628 374,270
Operating lease right-of-use assets, current 41,546
Total Current Assets 1,801,895 2,713,362
Property and equipment, net 853,504 1,261,493
Construction in progress 224,147 223,772
Operating lease right-of-use assets, net 17,714
Marketable equity securities 821,739
Non-marketable equity securities 1,500,043
Total assets 3,718,999 5,698,670
CURRENT LIABILITIES:    
Accounts payable 261,459 234,449
Operating lease liabilities, current 44,268  
Advances from customers 298,564 232,565
Accrued expenses and other current liabilities (including rental payable to a related party of $77,104 and $42,223 at June, 30, 2019 and December 31, 2018, respectively) 1,389,273 977,119
Due to related parties - Short-term borrowings and interest payable 741,385
Warranty obligation 4,852 8,671
Total Current Liabilities 2,739,801 1,452,804
OTHER LIABILITIES    
Warrants liability 1,229,067 1,129,246
Total Liabilities 3,968,868 2,582,050
SHAREHOLDERS' (DEFICIT) EQUITY    
Common shares, $0.002731 par value, 50,000,000 shares authorized, 17,806,586 shares issued and outstanding at June 30, 2019 and December 31, 2018 48,630 48,630
Additional paid in capital 40,689,949 40,620,772
Accumulated deficit (43,468,419) (40,156,204)
Accumulated other comprehensive income 2,479,971 2,603,422
Total shareholders' (deficit) equity (249,869) 3,116,620
Total liabilities and shareholders' (deficit) equity $ 3,718,999 $ 5,698,670