Government Grant

6 Months Ended

Jun. 30, 2012

Government Grant [Abstract]

Government Grant

15. GOVERNMENT GRANT

The government grant liability represents an advance from the Chinese government for research and development projects. The Company has recorded the grants received as a government grant liability, and ratably recognizes the amount as a reduction of research and development expense when the related research and development activities are performed. As of June 30, 2012 and December 31, 2011, government grant balances are $249,979 and $355,754, respectively.