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v3.19.1

Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) | Common stock issued | Donated shares | Additional paid-in capital | Statutory reserves | Accumulated deficit | Accumulated other comprehensive loss | Non-controlling interests | Treasury shares | Total
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Beginning Balance at Dec. 31, 2017 | $ 26,368 | $ 14,101,689 | $ 155,711,014 | $ 1,230,511 | $ (163,466,713) | $ (1,340,533) |  | $ (4,066,610) | $ 2,195,726
Beginning Balance, shares at Dec. 31, 2017 | 26,367,523 |  |  |  |  |  |  | (144,206) |
Net loss |  |  |  |  | (2,567,833) |  |  |  | (2,567,833)
Share-based compensation for employee and director stock awards |  |  | 83,573 |  |  |  |  |  | 83,573
Common stock issued to employees and directors for stock awards | $ 9 |  | (9) |  |  |  |  |  |
Common stock issued to employees and directors for stock awards, shares | 8,500 |  |  |  |  |  |  |  |
Foreign currency translation adjustment |  |  |  |  |  | 135,708 |  |  | 135,708
Ending Balance at Mar. 31, 2018 | $ 26,377 | 14,101,689 | 155,794,578 | 1,230,511 | (166,034,546) | (1,204,825) |  | $ (4,066,610) | (152,826)
Ending Balance, shares at Mar. 31, 2018 | 26,376,023 |  |  |  |  |  |  | (144,206) |
Beginning Balance at Dec. 31, 2018 | $ 26,792 | 14,101,689 | 155,931,770 | 1,230,511 | (165,409,890) | (1,498,940) | 11,977 | $ (4,066,610) | 327,299
Beginning Balance, shares at Dec. 31, 2018 | 26,791,684 |  |  |  |  |  |  | (144,206) |
Net loss |  |  |  |  | (2,787,392) |  | (19,941) |  | (2,807,333)
Capital contribution from non-controlling interests of a subsidiary |  |  |  |  |  |  | 56,704 |  | 56,704
Share-based compensation for employee and director stock awards |  |  | 18,219 |  |  |  |  |  | 18,219
Common stock issued to investors | $ 5,098 |  | 5,194,902 |  |  |  |  |  | 5,200,000
Common stock issued to investors, shares | 5,098,040 |  |  |  |  |  |  |  |
Foreign currency translation adjustment |  |  |  |  |  | 163,687 | (2,362) |  | 161,325
Ending Balance at Mar. 31, 2019 | $ 31,890 | $ 14,101,689 | $ 161,144,891 | $ 1,230,511 | $ (168,197,282) | $ (1,335,253) | $ 46,378 | $ (4,066,610) | $ 2,956,214
Ending Balance, shares at Mar. 31, 2019 | 31,889,724 |  |  |  |  |  |  | (144,206) |

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