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Prepayments and Other Receivables

6 Months Ended

Jun. 30, 2019

Prepayments and Other Receivables [Abstract]

Prepayments and Other Receivables

5. Prepayments and Other Receivables

Prepayments and other receivables as of December 31, 2018 and June 30, 2019 consisted of the following:

		December 31,				June 30,
		2018				2019
Value added tax recoverable		$	5,359,275			$	3,698,596
Prepayments to suppliers			1,157,966				785,669
Deposits			56,974				94,927
Staff advances			54,207				41,789
Prepaid operating expenses			309,415				497,004
Others			212,617				146,852
			7,150,454				5,264,837
Less: Allowance for doubtful accounts			(7,000	)			(7,000	)
		$	7,143,454			$	5,257,837

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The entire disclosue for prepayments and other receivables.

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