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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Revenue $ 54,507,049 $ 81,166,739
Cost of revenue 38,660,814 52,178,680
Inventory obsolescence 1,769,984 0
Gross profit 14,076,251 28,988,059
Operating expenses:    
Selling expenses 3,535,214 3,439,522
General and administrative expenses 3,313,306 3,716,397
Bad debt expense 871,612 108,085
Impairment of intangible assets 593,095 0
Total operating expenses 8,313,227 7,264,004
Government subsidy income 141,987 301,672
Income from operations 5,905,011 22,025,727
Other income (expense):    
Interest income 4,944 7,208
Interest expense (308,375) (255,198)
Derivative gain 0 934,260
Net other income (expense) (303,431) 686,270
Income before income taxes 5,601,580 22,711,997
Income tax expense (983,921) (3,442,355)
Net income 4,617,659 19,269,642
Other comprehensive income - foreign currency translation adjustment 1,274,091 5,080,098
Comprehensive income $ 5,891,750 $ 24,349,740
Earnings per Share:    
Basic $ 0.11 $ 0.44
Diluted $ 0.11 $ 0.44