Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents (VIE $3,000 and $57,000, respectively)	$ 175,442	$ 428,150
Accounts receivable, (less allowance for doubtful accounts of $92,000 and $85,000, respectively)	10,602,710	10,830,555
Inventories, net (VIE $315,000 and $340,000, respectively)	20,837,907	20,007,488
Prepaid expenses (VIE $106,000 and $127,000, respectively)	646,164	858,158
Other current assets	1,419,371	886,383
Total current assets	33,681,594	33,010,734
Property, plant and equipment:
Machinery and equipment	23,842,559	23,807,985
Building	3,374,334	3,367,082
Office furniture and equipment (VIE $303,000 and $303,000, respectively)	2,656,519	2,649,280
Intellectual property	783,179	783,179
Land	250,000	250,000
Leasehold improvements	411,426	409,188
Fixtures and equipment at customer locations	518,450	518,450
Projects under construction	188,181	150,272
Property, Plant and Equipment, Gross	32,024,648	31,935,436
Less : accumulated depreciation and amortization (VIE $106,000 and $104,000, respectively)	(28,427,729)	(28,120,455)
Total property, plant and equipment, net	3,596,919	3,814,981
Other assets:
Goodwill (VIE $440,000 and $440,000, respectively)	1,473,176	1,473,176
Net deferred income tax asset	495,586	135,094
Operating lease right-of-use	2,110,723
Other assets	26,088	326,849
Total other assets	4,105,573	1,935,119
TOTAL ASSETS	41,384,086	38,760,834
Current liabilities:
Checks written in excess of bank balance (VIE $4,000 and $7,000, respectively)	654,646	636,142
Trade payables (VIE $142,000 and $62,000, respectively)	8,680,004	6,679,670
Line of credit (VIE $249,000 and $267,000, respectively)	15,351,709	16,582,963
Notes payable - current portion	4,414,581	4,432,320
Notes payable affiliates - current portion	11,271	10,821
Operating Lease Liabilities	1,016,687	0
Accrued liabilities (VIE $47,000 and $89,000, respectively)	2,082,161	1,866,796
Total current liabilities	32,211,059	30,208,712
Long-term liabilities:
Notes payable - affiliates	175,512	199,122
Notes payable, net of current portion (VIE $30,000 and $27,000, respectively)	639,327	399,912
Operating Lease Liabilities	1,094,036
Notes payable - officers, subordinated	1,012,024	1,597,019
Deferred gain (non current)	74,364	100,340
Deferred income tax liability
Total long-term debt, net of current portion	2,995,263	2,296,393
Total long-term liabilities	2,995,263	2,296,393
CTI Industries Corporation stockholders' equity:
Preferred Stock -- no par value, 3,000,000 shares authorized, 0 shares issued and outstanding
Common stock - no par value, 15,000,000 shares authorized, 3,779,608 shares issued and 3,730,950 shares outstanding	13,898,494	13,898,494
Paid-in-capital	3,135,404	2,506,437
Accumulated earnings	(3,745,907)	(2,865,486)
Accumulated other comprehensive loss	(5,814,471)	(6,050,347)
Less: Treasury stock, 43,658 shares	(160,784)	(160,784)
Total CTI Industries Corporation stockholders' equity	7,312,736	7,328,314
Noncontrolling interest	(1,134,972)	(1,072,585)
Total Equity	6,177,764	6,255,729
TOTAL LIABILITIES AND EQUITY	$ 41,384,086	$ 38,760,834