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Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 540,308 $ 226,688
Restricted cash and cash equivalents 16,123 16,093
Accounts receivable, net 293,520
Accounts receivable - related parties, net 142,225
Other receivable 39,005
Due from related parties 180,736 59,477
Inventory 258 1,318
Prepaid expense and other current assets 60,841 223,895
Total Current Assets 1,234,011 566,476
Property and equipment, net 528,770 510,066
Operating lease right-of-use assets 431,389
Goodwill, net
Long-term investments 3,335,463 3,488,169
Deferred tax assets 1,428,263 1,347,995
Prepaid expenses - noncurrent 138,928
Security deposits 43,253 27,418
Total Assets 7,140,077 5,940,124
Current Liabilities    
Accounts payable 19,703
Short-term bank loans 1,885,500 899,250
Long-term bank loans - current portion 35,296 39,835
Notes payable 246,652 510,447
Accrued expenses and other current liabilities 1,700,974 1,243,158
Operating lease liabilities - current portion 279,214
Due to related parties 4,980,293 7,745,096
Convertible notes payable - current portion 460,000 300,000
Convertible notes payable - related parties, current portion 500,000 250,000
Total Current Liabilities 10,107,632 10,987,786
Long-term bank loans 15,257
Tenant security deposit 2,880
Operating lease liabilities - noncurrent portion 170,993
Convertible notes payable - related parties 250,000
Accrued interest 27,467
Total Liabilities 10,281,505 11,280,510
Equity    
Preferred stock, $0.001 par value, 20,000,000 authorized, nil shares issued and outstanding
Common stock, $0.001 par value, 20,000,000 authorized, 18,122,196 and 11,884,804 issued and outstanding, respectively 18,123 11,885
Additional paid-in capital 18,688,045 14,983,714
Accumulated deficit (13,558,693) (12,209,446)
Accumulated other comprehensive income 632,010 655,851
Treasury stock (9,100,000) (9,100,000)
Total Stockholders' Deficit (3,320,515) (5,657,996)
Noncontrolling interest 179,087 317,610
Total Equity (Deficit) (3,141,428) (5,340,386)
Total Liabilities and Equity (Deficit) $ 7,140,077 $ 5,940,124