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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net Sales $ 23,968,179 $ 29,178,229 $ 51,052,266 $ 51,210,707
Cost of Sales 20,871,147 23,991,956 43,812,420 41,952,403
Gross Profit 3,097,032 5,186,273 7,239,846 9,258,304
Operating Expenses        
Selling expenses 1,042,763 1,054,780 2,922,271 2,320,636
General and administrative expenses 2,545,538 2,370,629 4,422,328 4,281,517
Total Operating Expenses 3,588,301 3,425,409 7,344,599 6,602,153
(Loss) Income From Operations (491,269) 1,760,864 (104,753) 2,656,151
Other Income (Expenses)        
Non-operating income (expenses), net 45,646 (4,421) 25,864 25,155
Foreign exchange transaction gain 555 4,383 2,865 34,065
Loss on change in fair value and extinguishment of warrant liability 0 (1,722,097) 0 (749,452)
Interest expense (117,838) (99,610) (232,941) (190,520)
Financial expense (26,344) (15,329) (55,923) (30,537)
Total Other Expenses, Net (97,981) (1,837,074) (260,135) (911,289)
(Loss) Income Before Income Tax (589,250) (76,210) (364,888) 1,744,862
Income Tax Expense 96,522 63,319 223,755 259,528
Net (Loss) Income (685,772) (139,529) (588,643) 1,485,334
Other Comprehensive (Loss) Income        
Foreign currency translation (397,742) 82,211 (322,114) 13,553
Comprehensive (Loss) Income $ (1,083,514) $ (57,318) $ (910,757) $ 1,498,887
Basic weighted average shares outstanding (in Shares) 24,911,803 21,995,008 24,622,887 21,456,546
Diluted weighted average shares outstanding (in Shares) 24,911,803 21,995,008 24,622,887 21,456,546
Basic net (loss) earnings per share (in Dollars per share) $ (0.03) $ (0.01) $ (0.02) $ 0.07
Diluted net (loss) earnings per share (in Dollars per share) $ (0.03) $ (0.01) $ (0.02) $ 0.07