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v3.20.1

Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($) | 3 Months Ended
--- | ---
Mar. 31, 2020 | Mar. 31, 2019
Revenues | $ 8,743,851 | $ 17,450,292
Cost of sales | (8,913,570) | (17,642,758)
Gross Loss | (169,719) | (192,466)
Selling, general and administrative expenses | (2,696,963) | (2,981,473)
Loss from Operations | (2,866,682) | (3,173,939)
Other Income (Expense): |  |
Interest income | 5,790 | 58,818
Subsidy income | 142,998 |
Interest expense | (244,718) | (255,269)
Loss before Income Taxes | (2,962,612) | (3,370,390)
Provision for Income Taxes | 526,325 | 647,795
Net Loss | (2,436,287) | (2,722,595)
Other Comprehensive (Loss) Income |  |
Foreign currency translation adjustment | (2,589,754) | 3,293,680
Total Comprehensive (Loss) Income | $ (5,026,041) | $ 571,085
Losses Per Share: |  |
Basic and Diluted Losses per Share (in Dollars per share) | $ (0.11) | $ (0.12)
Outstanding - Basic and Diluted (in Shares) | 22,054,816 | 22,022,316

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