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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and equivalents $ 53,223,142 $ 49,830,243
Notes receivable 979,462
Accounts receivable 11,755,251 15,858,804
Current portion of investment in sales-type leases, net 11,531,745
Interest receivable on sales type leases 9,336,140 9,619,278
Prepaid expenses 32,395 739,423
Other receivables 1,574,376 1,169,660
Total current assets 75,921,304 89,728,615
NON-CURRENT ASSETS    
Investment in sales-type leases, net 24,962,056 46,110,374
Long term investment 475,635 514,896
Long term deposit 15,971 16,775
Property and equipment, net 27,495,049 11,957
Construction in progress 42,582,177 95,165,973
Total non-current assets 95,530,888 141,819,975
TOTAL ASSETS 171,452,192 231,548,590
CURRENT LIABILITIES    
Accounts payable 5,591,876 3,229,163
Taxes payable 3,636,559 2,423,780
Accrued liabilities and other payables 1,617,997 1,618,316
Due to related parties 41,168 43,623
Loans payable - current
Interest payable on entrusted loans 17,473,492 8,131,256
Current portion of entrusted loan payable 48,373,936 50,825,375
Total current liabilities 76,735,028 66,271,513
NONCURRENT LIABILITIES    
Convertible note payable, net of unamortized OID and debt issuing costs 1,031,849  
Accrued interest on convertible note 40,572  
Income tax payable 6,390,625 6,998,625
Deferred tax liability, net 3,040,346 2,157,414
Refundable deposit from customers for systems leasing 1,034,503 1,086,591
Entrusted loan payable
Total noncurrent liabilities 11,537,895 10,242,630
Total liabilities 88,272,923 76,514,143
CONTINGENCIES AND COMMITMENTS
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 20,000,000 shares authorized, 10,295,280 and 8,310,198 shares issued and outstanding 10,295 8,310
Additional paid in capital 114,484,018 111,796,813
Statutory reserve 14,525,712 14,525,712
Accumulated other comprehensive income (loss) (4,620,930) 860,553
Retained earnings (Accumulated deficit) (37,675,202) 28,321,696
Total Company stockholders' equity 86,723,893 155,513,084
Noncontrolling interest (3,544,624) (478,637)
Total equity 83,179,269 155,034,447
TOTAL LIABILITIES AND EQUITY $ 171,452,192 $ 231,548,590