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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 22,834 $ 477,309
Accounts receivable, net 61,779 92,149
Other receivables and prepayments, net 18,867 267,781
Advances to suppliers, net 7,727 152,751
Inventories, net 1,085,016 1,349,102
Other taxes receivable 337,412 374,270
Marketable equity securities 143,478
Total Current Assets 1,677,113 2,713,362
Property and equipment, net 656,840 1,261,493
Construction in progress 223,772
Non-marketable equity securities 1,500,043
Total Assets 2,333,953 5,698,670
CURRENT LIABILITIES:    
Accounts payable 226,215 234,449
Advances from customers 267,365 232,565
Accrued expenses and other current liabilities 1,530,473 977,119
Warranty obligation 728 8,671
Due to related parties- short-term borrowings 1,208,331
Total Current Liabilities 3,233,112 1,452,804
OTHER LIABILITIES    
Warrants liability 389,630 1,129,246
Total Liabilities 3,622,742 2,582,050
Commitments and Contingency
SHAREHOLDERS' EQUITY    
Additional paid-in capital 40,833,249 40,620,772
Accumulated deficit (44,607,198) (40,156,204)
Accumulated other comprehensive income 2,436,530 2,603,422
Total Equity (1,288,789) 3,116,620
Total liabilities and equity 2,333,953 5,698,670
Common Stock Class A    
SHAREHOLDERS' EQUITY    
Common stock 18,285 18,285
Common Stock Class B    
SHAREHOLDERS' EQUITY    
Common stock $ 30,345 $ 30,345