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Inventories

6 Months Ended

Jun. 30, 2017

Inventories [Text Block]

4. Inventories

Inventories as of December 31, 2016 and June 30, 2017 consisted of the following:

			December 31,			June 30,
			2016			2017
	Raw materials	$	2,570,942		$	2,135,145
	Work in progress		1,333,949			1,407,126
	Finished goods		13,190,031			13,210,399
		$	17,094,922		$	16,752,670

During the three months ended June 30, 2016 and 2017, write-downs of obsolete inventories to lower of cost or market of $116,383 and $848,247, respectively, were charged to cost of revenues.

During the six months ended June 30, 2016 and 2017, write-downs of obsolete inventories to lower of cost or market of $213,293 and $998,403, respectively, were charged to cost of revenues.

X

- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.6)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766

+ Details

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Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration