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Bank Loans (Tables) | 3 Months Ended
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Mar. 31, 2019
Bank Loans |
Schedule of short-term bank loan |
|  | March 31, |  |  | December 31, |
|  | 2019 |  |  | 2018 |
Cathay United Bank |  | $ | 243,000 |  |  | $ | 245,250 |
CTBC Bank |  |  | 648,000 |  |  |  | 654,000 |
Cathay Bnak |  |  | 1,000,000 |  |  |  | - |
Total |  | $ | 1,891,000 |  |  | $ | 899,250 |
Schedule of long-term bank loan |
|  | March 31, |  |  | December 31, |
|  | 2019 |  |  | 2018 |
Cathay United Bank |  | $ | 45,076 |  |  | $ | 55,092 |
Less: current portion of long-term bank loan |  |  | (39,688 | ) |  |  | (39,835 | )
Total |  | $ | 5,388 |  |  | $ | 15,257 |

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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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