Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2017

Discontinued Operations [Abstract]

Schedule of discontinued operations in the Company's consolidated financial statements

	December 31, 2017		December 31, 2016
Assets:
Current assets:
Accounts receivable, net	$	33,646	$	78,407
Inventories, net of reserve for obsolete inventories		-		31,019
Advances to suppliers		144,583		200,275
Equipment held for sale		-		1,147,035
Prepaid expenses and other		229,281		302,250
Total current assets		407,510		1,758,986
Total assets	$	407,510	$	1,758,986
Liabilities:
Current liabilities:
Accounts payable	$	387,887	$	458,433
Accrued expenses and other liabilities		1,746		45,280
Accrues from customers		-		54,948
Total current liabilities		389,633		558,661
Total liabilities	$	389,633	$	558,661

Summary of discontinued operations included in the Company's consolidated statements of operations

	Years Ended December 31,
	2017			2016
Revenues	$	-		$	595,855
Cost of revenues		31,872			1,562,774
Gross (loss) profit		(31,872	)		(966,919	)
Operating expenses:
Impairment losses		-			1,660,305
Other operating expenses		66,085			1,124,304
Total operating expenses		66,085			2,784,609
Loss from operations		(97,957	)		(3,751,528	)
Other expense, net		-			(74,997	)
Loss from discontinued operations before income taxes		(97,957	)		(3,826,525	)
Income taxes		-			-
Loss from discontinued operations, net of income taxes		(97,957	)		(3,826,525	)
Loss on sale / disposal of discontinued operations, net of income taxes		-			(6,459,407	)
Loss from discontinued operations, net of income taxes	$	(97,957	)	$	(10,285,932	)