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Segment Information
 9 Months Ended
Sep. 30, 2017
Segment Information [Text Block]
21.

Segment Information

The Company used to engage in one business segment, the manufacture, commercialization and distribution of a wide variety of standard and customized lithium ion rechargeable batteries for use in a wide array of applications. The Company manufactured five types of Li-ion rechargeable batteries: aluminum-case cell, battery pack, cylindrical cell, lithium polymer cell and high-power lithium battery cell. The Company’s products are sold to packing plants operated by third parties primarily for use in mobile phones and other electronic devices.

After the disposal of BAK International and its subsidiaries (see Note 1), the Company focused on producing high-power lithium battery cells. Net revenues for the three months and nine months ended September 30, 2016 and 2017 were as follows:

Net revenues by product:

 

 

   Three months ended September 30,     Nine months ended September 30,  
 

 

   2016     2017     2016     2017  
 

High power lithium batteries used in:

                        
 

Electric vehicles

 $   -   $ 16,934,181   $ 2,831,977   $ 25,998,924  
 

Light electric vehicles

   -     281,978     465,479     485,001  
 

Uninterruptable supplies

   307,647     534,551     1,571,399     1,322,188  
 

 

 $ 307,647   $ 17,750,710   $ 4,868,855   $ 27,806,113  

Net revenues by geographic area:

 

 

   Three months ended September 30,     Nine months ended September 30,  
 

 

   2016     2017     2016     2017  
 

PRC Mainland

 $   -   $ 17,529,058   $ 3,639,270   $ 26,976,060  
 

PRC Taiwan

   23,391     2,201     302,299     221,574  
 

Israel

   -     26,763     225,754     244,122  
 

Europe

   195,591     123,601     446,797     294,322  
 

South Korea

   88,665     -     253,716        
 

Others

   -     69,087     1,019     70,035  
 

 

 $ 307,647   $ 17,750,710   $ 4,868,855   $ 27,806,113  

Substantially all of the Company’s long-lived assets are located in the PRC.