XML 73 R29.htm IDEA: XBRL DOCUMENT
v3.20.1

Summary of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Accounting Policies [Abstract] |
Schedule of foreign currency exchange rates |
|  | December 31, 2019 |  |  | December 31, 2018 |
RMB to US$ exchange rate at balance sheets dates, |  |  | 6.9762 |  |  |  | 6.8755 |
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Average RMB to US$ exchange rate for each year |  |  | 6.8985 |  |  |  | 6.6090 |  |  |  | 6.7553 |
Schedule of estimated useful lives of property and equipment |
Leasehold improvements | Shorter of the useful lives or the lease term
Machinery and equipment | 2 - 3 years
Furniture and office equipment | 3 - 5 years
Motor vehicles | 3 years
Schedule of estimated useful lives of intangible assets |
Software copyrights | 20 years
Patent rights | 10 years
Other software | 5 years
Schedule of segment information |
|  | For the Years Ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Revenues |  |  |  |  |  |  |  |  |
Sale of medical equipment |  | $ | 212,394 |  |  | $ | 342,344 |  |  | $ | 882,011 |
Provision of OSAS diagnostic services |  |  | 171,064 |  |  |  | 217,042 |  |  |  | - |
Total net revenues |  |  | 383,458 |  |  |  | 559,386 |  |  |  | 882,011 |
Cost of revenue |  |  |  |  |  |  |  |  |  |  |  |
Sale of medical equipment |  |  | (112,942 | ) |  |  | (464,918 | ) |  |  | (1,655,970 | )
Provision of OSAS diagnostic services |  |  | (630,802 | ) |  |  | (292,983 | ) |  |  | - |
|  |  | (743,744 | ) |  |  | (757,901 | ) |  |  | (1,655,970 | )
Gross loss |  |  |  |  |  |  |  |  |  |  |  |
Sale of medical equipment |  |  | 99,452 |  |  |  | (122,574 | ) |  |  | (773,959 | )
Provision of OSAS diagnostic services |  |  | (459,738 | ) |  |  | (75,941 | ) |  |  | - |
|  |  | (360,286 | ) |  |  | (198,515 | ) |  |  | (773,959 | )
Depreciation and amortization expense: |  |  |  |  |  |  |  |  |  |  |  |
Sale of medical equipment |  | $ | 84,371 |  |  | $ | 535,800 |  |  | $ | 1,328,403 |
Provision of OSAS diagnostic services |  |  | 693,746 |  |  |  | 291,830 |  |  |  | - |
|  | $ | 778,117 |  |  | $ | 827,630 |  |  | $ | 1,328,403 |
Capital expenditure |  |  |  |  |  |  |  |  |  |  |  |
Sale of medical equipment |  | $ | - |  |  | $ | 16,137 |  |  | $ | 40,780 |
Provision of OSAS diagnostic services |  |  | - |  |  |  | 760,191 |  |  |  | - |
|  | $ | - |  |  | $ | 776,328 |  |  | $ | 40,780 |

X
- Definition Tabular disclosure of life estimated for Intangible assets during the period. + References No definition available. + Details
Name: | llit_EstimatedUsefulLifeOfIntangibleAssetsTableTextBlock
Namespace Prefix: | llit_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of life estimated for Property and Equipment assets during the period. + References No definition available. + Details
Name: | llit_EstimatedUsefulLifeOfPropertyAndEquipmentTableTextBlock
Namespace Prefix: | llit_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | llit_ScheduleOfForeignCurrencyExchangeRatesTableTextBlock
Namespace Prefix: | llit_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration