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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows From Operating Activities    
Net (loss) income $ (588,643) $ 1,485,334
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 1,009,514 933,786
Stock compensation expense 938,501 800,540
Change in fair value and extinguishment of warrant liability 0 749,452
Changes in bad debt allowance (5,192) 37,698
Changes in operating assets and liabilities:    
Accounts receivable 401,468 (3,252,276)
Advance to suppliers (7,000,050) 1,789,622
Inventories (143,053) (3,718,252)
Other current assets 152,421 (933,145)
Accounts payable 3,284,234 (2,089,218)
Advance from customers 1,001,780 14,954
Accrued expenses and other payables (516,041) (138,425)
Deferred rent payable 9,287 419
Taxes payable 210,905 197,499
Net Cash Used in Operating Activities (1,244,869) (4,122,012)
Cash Flows From Investing Activities    
Payment for land compensation fee and occupancy tax 0 (193,501)
Payment for land cultivated and reclamation fees (35,965) 0
Purchase of property and equipment (49,306) (423,020)
Deposits for equipment 0 (46,144)
Construction in progress 0 (400,639)
Net Cash Used in Investing Activities (85,271) (1,063,304)
Cash Flows From Financing Activities    
Proceeds from line of credit and bank loan 20,079,652 20,023,719
Repayment to line of credit and bank loan (19,086,365) (18,377,798)
Proceeds from equity financing, net of expenses of $355,000 0 3,645,002
Net Cash Provided by Financing Activities 993,287 5,290,923
Effect of Exchange Rate Changes on    
Cash and Cash Equivalents (1,746) (166)
Net (decrease) increase in cash and cash equivalents (338,599) 105,441
Cash and cash equivalents, beginning of period 988,029 1,244,308
Cash and cash equivalents, ending of period 649,430 1,349,749
Cash paid during the period for:    
Income tax payments 7,200 62,000
Interest expense 230,832 146,783
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Deposit on plant construction and website design transfer to construction in progress 0 862,726
Issuance of common stock in exchange of surrender and termination of warrants $ 0 $ 2,212,707