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Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock
Additional paid-in capital
Retained Earnings, Unrestricted
Retained Earnings, Statutory reserve
Accumulated other Comprehensive income
Amounts due from related party
Total equity attributable to stockholders of the Company
Non-controlling Interest
Total
Balance at Dec. 31, 2017 $ 15 $ 3,620 $ 95,195 $ 17,794 $ 2,585 $ (15,449) $ 103,760 $ (1,062) $ 102,698
Balance, shares at Dec. 31, 2017 14,795,992                
Net income (loss)   815       815 (228) 587
Net cash paid to related party under counter guarantee agreement         (8,480) (8,480)  
Foreign currency translation loss         4,023   4,023 (94) 3,929
Balance at Mar. 31, 2018 $ 15 3,620 96,010 17,794 6,608 (23,929) 100,118 (1,384) 98,734
Balance, shares at Mar. 31, 2018 14,795,992                
Balance at Dec. 31, 2018 $ 15 3,627 105,914 19,083 (3,578) (10,354) 114,707 (1,551) 113,156
Balance, shares at Dec. 31, 2018 14,795,992                
Stock issued for compensation $ 4 8         8   8
Stock issued for compensation, shares 1,942                
Net income (loss)   (521)       (521) 66 (455)
Net cash paid to related party under counter guarantee agreement         1,101 1,101   1,101
Foreign currency translation loss         3,972   3,972 34 4,006
Balance at Mar. 31, 2019 $ 15 $ 3,635 $ 105,393 $ 19,083 $ 394 $ (9,253) $ 119,267 $ (1,451) $ 117,816
Balance, shares at Mar. 31, 2019 14,800,140