Accounts Receivable

12 Months Ended

Dec. 31, 2018

Receivables [Abstract]

Accounts Receivable

Note 7. Accounts Receivable

Accounts receivable is mainly from our Wecast Service business and consisted of the following:

	December 31,		December 31,
	2018		2017
Accounts receivable, gross	$	19,370,665	$	26,965,731
Less: allowance for doubtful accounts		-		(3,646	)
Accounts receivable, net	$	19,370,665	$	26,962,085

The movement of the allowance for doubtful accounts is as follows:

	December 31,			December 31,
	2018			2017
Balance at the beginning of the year	$	3,646		$	2,828,796
Additions charged to bad debt expense		-			145,512
Write-off of bad debt allowance		-			(89,851	)
Disposal of Zhong Hai Shi Xun		(3,646	)		(2,880,811	)
Balance at the end of the year	$	-		$	3,646