| Cash and cash equivalents |
| Banker's acceptances |
| Trade accounts receivable, less allowance for doubtful accounts of $3,276,642 and $3,317,017, respectively |
| Other receivables, less allowance for doubtful accounts of $22,337 and $15,669, respectively |
| Advances to suppliers |
2.61M |
| Inventory |
8.57M |
| Deferred tax assets |
| Total Current Assets |
20.99M |
| Advances for purchases of property and equipment and intangible assets |
| Property and equipment, net of accumulated depreciation of $3,181,610 and $2,695,840, respectively |
26.34M |
| Intangible assets, net of accumulated amortization of $2,872,652 and $2,342,081, respectively |
621.63K |
| TOTAL ASSETS |
87.41M |
| Trade accounts payable |
| Accrued expenses |
91.7K |
| Accrued taxes payable |
| Other payables |
1.8M |
| Advances from customers |
1.01M |
| Other payables - related parties |
1.35M |
| Short-term notes payable |
2.25M |
| Total Current Liabilities |
12.95M |
| Long-term deferred tax liability |
353.1K |
| Derivative warrant liability |
| Total Liabilities |
22.47M |
| Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued or outstanding |
0 |
| Common stock, $0.001 par value; 95,000,000 shares authorized; 43,529,557 shares and 43,404,557 shares outstanding, respectively |
43.58K |
| Additional paid-in capital |
23.59M |
| Retained earnings |
28.18M |
| Accumulated other comprehensive income |
| Total Stockholders' Equity |
64.94M |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
87.41M |
