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Radtek Co., Ltd. - Consolidated Statement of Cash Flows (Unaudited) - For the Six Months Ended June 30, 2015 and 2014 - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities    
Net Gain (loss) $ (27,611) $ (950,009)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 3,026 3,171
Severence Benefits 6,011 2,994
Stock-based compensation 0 971,472
Change in assets and liabilities, net of the effect of acquisitions    
Accounts receivable (50,650) (48,653)
Inventory 1,513 0
Prepaid expenses and other assets (249,235) (787,773)
Accounts payable and other payable (27,976) 126,325
Advance payments on contracts 282,169 1,350,329
Accrued liabilities and other liabilities 14,159 13,204
Net cash provided by (used in) operating activities (48,594) 681,060
Cash flows from investing activities    
Loan receivable (347,137) 0
Net cash used in investing activities (347,137) 0
Cash flows from financing activities    
Proceeds from short-term borrowings 0 0
Loan from related party (160,000) 65,000
Advances from related parties 359,800 61,435
Net cash provided by financing activities 199,800 126,435
Net decrease in cash and cash equivalent (195,931) 707,495
Effect of exchange rate changes 25,824 (33,997)
Cash and cash equivalent at beginning of year 213,247 106,908
Cash and cash equivalent at end of year 43,140 780,406
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest $ 3,024 $ 3,341