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Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 569,309 $ 1,439,700
Restricted cash 1,707,558 1,795,781
Short-term financial instruments 742,339 746,687
Short-term loans 0 112,003
Accounts Receivables, net of allowance for doubtful accounts $725,389 and $667,886, respectively 2,259,393 4,014,388
Deferred tax assets 165,365 0
Prepaid expenses and other current assets 1,100,322 537,402
Total current assets 6,544,286 8,645,961
Non-current assets:    
Investments 230,438 136,271
Property and equipment, net 53,644 69,455
Intangible assets, net 103,751 74,642
Deposits 359,756 392,095
Deferred tax assets 632,620 879,957
Total non-current assets 1,380,209 1,552,420
Total Assets 7,924,495 10,198,381
Current liabilities:    
Accounts payable 401,043 520,045
Accrued expenses and other 909,320 1,197,005
Value added tax payable 64,737 184,186
Income tax payable 23,651 0
Short-term loan 629,100 0
Government grants outstanding 23,267 0
Total current liabilities 2,051,118 1,901,236
Long term debt 494,293 280,007
Total liabilities 2,545,411 2,181,243
Commitments and contingencies
Stockholders' Equity    
Common stock, $0.0001 par value; authorized 100,000,000 shares; 31,784,293 shares issued and outstanding at September 30, 2018 and 26,000,000 shares issued and outstanding at December 31, 2017, respectively 3,178 2,600
Additional paid-in-capital 2,449,848 3,212,037
Accumulated other comprehensive (income) loss 116,732 274,468
Accumulated retained earnings 2,809,701 4,527,781
Total company stockholders' equity 5,379,459 8,016,886
Non-controlling interests (375) 252
Total stockholders' equity 5,379,084 8,017,138
Total Liabilities and Stockholders' Equity $ 7,924,495 $ 10,198,381