Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 355,427	$ 1,709,210
Restricted cash	1,669,889	1,699,331
Short-term financial instruments	731,236	741,417
Short-term loans receivables	40,000	25,000
Accounts receivables, net of allowance for doubtful accounts $711,752 and $756,812, respectively	2,325,101	2,692,933
Deferred tax assets	64,805	65,947
Prepaid expenses and other current assets	1,025,219	856,959
Total current assets	6,211,677	7,790,797
Non-current assets:
Investments	90,928	102,756
Property and equipment, net	175,053	163,995
Intangible assets, net	139,184	136,432
Deposits	360,518	358,028
Derivate asset	107,450	109,343
Deferred tax assets	1,166,374	1,211,621
Total non-current assets	2,039,507	2,082,175
Total Assets	8,251,184	9,872,972
Current liabilities:
Accounts payable	475,245	375,318
Accrued expenses and other	480,384	790,676
Value added tax payable	73,444	108,534
Income tax payable	16,846	20,353
Short-term loan payable	483,389	626,062
Current portion of long term debt	65,890	89,509
Total current liabilities	1,595,198	2,010,452
Convertible debt	0	25,000
Long term debt, net of current portion	395,430	402,397
Total liabilities	1,990,628	2,437,849
Commitments and contingencies
Stockholders' Equity
Common stock, $0.0001 par value; authorized 100,000,000 shares; 35,030,339 shares issued and outstanding at March 31, 2019 and December 31, 2018	3,603	3,603
Treasury stock	(709,478)	(709,478)
Additional paid-in-capital	3,601,956	3,582,987
Accumulated other comprehensive loss	(148,032)	(52,193)
Accumulated retained earnings	3,511,898	4,609,785
Total company stockholders' equity	6,259,947	7,434,704
Non-controlling interests	609	419
Total stockholders' equity	6,260,556	7,435,123
Total Liabilities and Stockholders' Equity	$ 8,251,184	$ 9,872,972