XML 46 R35.htm IDEA: XBRL DOCUMENT v3.4.0.3
Note 2 - Summary of Significant Accounting Policies (Details)
3 Months Ended 12 Months Ended
Mar. 31, 2016
USD ($)
shares
Mar. 31, 2015
USD ($)
shares
Dec. 31, 2015
USD ($)
shares
Dec. 31, 2014
shares
Apr. 24, 2013
USD ($)
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Goodwill $ 218,606   $ 218,606    
Allowance for Doubtful Accounts Receivable $ 458,959   484,936    
Property, Plant and Equipment, Salvage Value, Percentage 10.00%        
Research and Development Expense $ 208,324 $ 172,859      
Effective Income Tax Rate Reconciliation, Percent 56.71%        
Income Tax Expense (Benefit) $ 127,233 196,209      
Unrecognized Tax Benefits 4,916,481 5,100,000 4,889,561    
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued 2,028,000   $ 1,913,000    
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense $ 115,000 112,000      
VAT tax rate, sales 17.00%        
Term Of Franchise Agreement 1 year        
Initial Franchise Fees $ 30,000        
Store Build out Subsidy Period 12 months        
Decline in Initial Franchise Fees, Description The franchisee is able to obtain, in the form of credits against purchase orders, percentages of the Renovation Subsidy applicable in the city in which the franchisee is located, as follows: 30% of the Renovation Subsidy applied to the first purchase order and 5% of each purchase order thereafter until the aggregate of all credits equals 100% of the Renovation Subsidy, or 12 months from the date of the franchise agreement, whichever occurs first        
Shipping, Handling and Transportation Costs $ 117,170 127,181      
Advertising Expense $ 1,136,317 $ 532,305      
Class of Warrant or Right, Outstanding (in Shares) | shares 2,050,001   2,050,001 2,050,001  
Accounts Receivable, Net, Current $ 48,657,112   $ 50,451,665    
Accounts Payable, Other, Current $ 188,294   $ 212,549    
Foreign Currency Exchange Rate, Translation 6.4612   6.4936    
Number of Operating Segments 1        
Number of Reportable Segments 1        
Diamond Bar [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Goodwill, Impairment Loss $ 0   $ 0    
Bright Swallow International Group Limited [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Goodwill         $ 808,518
Warrant [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares) | shares 2,050,001 1,112,912      
Sales Revenue, Goods, Net [Member] | Customer Concentration Risk [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Concentration Risk, Percentage 11.00%        
Concentration Risk, Customer   no customer accounted for over 10% of the Company’s sales      
Accounts Receivable [Member] | Credit Concentration Risk [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Accounts Receivable, Net, Current $ 4,828,066   2,840,152    
Cost of Goods, Total [Member] | Supplier Concentration Risk [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Concentration Risk, Percentage 67.00% 59.00%      
Accounts Payable, Other, Current $ 7,712,722   $ 4,294,228    
Cost of Goods, Total [Member] | Supplier Concentration Risk [Member] | Major Vendor A [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Concentration Risk, Percentage 22.00% 20.00%      
Cost of Goods, Total [Member] | Supplier Concentration Risk [Member] | Major Vendor B [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Concentration Risk, Percentage 18.00% 17.00%      
Cost of Goods, Total [Member] | Supplier Concentration Risk [Member] | Major Vendor C [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Concentration Risk, Percentage 16.00% 12.00%      
Cost of Goods, Total [Member] | Supplier Concentration Risk [Member] | Major Vendor D [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Concentration Risk, Percentage 11.00% 10.00%      
Foreign Tax Authority [Member] | Nova Dongguan [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Effective Income Tax Rate Reconciliation, Percent 25.00%        
Foreign Tax Authority [Member] | Dongguan Ding Nuo Household Products Co., Ltd. [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Effective Income Tax Rate Reconciliation, Percent 25.00%        
Foreign Tax Authority [Member] | Nova Museum [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Effective Income Tax Rate Reconciliation, Percent 25.00%        
Weighted Average [Member]          
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]          
Foreign Currency Exchange Rate, Translation 6.5288   6.1380