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Deferred Government Grants | 12 Months Ended
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Dec. 31, 2018
Deferred Government Grants [Abstract] |
Deferred Government Grants |
15. | Deferred Government Grants
Deferred government grants as of December 31, 2017 and 2018 consist of the following:
|  | December 31, |  |  | December 31, |
|  | 2017 |  |  | 2018 |
Total government grants |  | $ | 4,864,131 |  |  | $ | 4,457,064 |
Less: Current portion |  |  | (152,003 | ) |  |  | (143,775 | )
Non-current portion |  | $ | 4,712,128 |  |  | $ | 4,313,289 |
In September 2013, the Management Committee of Dalian Economic Zone Management Committee (the "Management Committee") provided a subsidy of RMB150 million to finance the costs incurred in moving our facilities to Dalian, including the loss of sales while the new facilities were being constructed. For the year ended September 30, 2015, the Company recognized $23,103,427 as income after offset of the related removal expenditures of $1,004,027. No such income or offset was recognized in years ended December 31, 2017 and 2018. On October 17, 2014, the Company received a subsidy of RMB46.2 million (approximately $6.7 million) pursuant to an agreement with the Management Committee dated July 2, 2013 for costs of land use rights and to be used to construct the new manufacturing site in Dalian. Part of the facilities had been completed and was operated in July 2015 and the Company has initiated amortization on a straight-line basis over the estimated useful lives of the depreciable facilities constructed thereon. The Company offset government grants of $146,311 and $149,200 for the years ended December 31, 2017 and 2018, respectively, against depreciation expenses of the Dalian facilities.

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