Consolidated Balance Sheets - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Assets
Cash and cash equivalents	$ 1,630,779	$ 1,989,974
Accounts receivable, less allowances of $5,000 in 2019 and 2018	107,369	400,759
Notes & accounts receivables and deposits - related parties	1,099,228	151,222
Inventories:
Finished goods	2,275,306	2,460,563
Raw materials	305,571	372,865
Sales aids and promotional materials	120,811	121,519
Total inventories	2,701,688	2,954,947
Refundable income taxes	22,406	22,712
Assets held for sale		2,124,939
Prepaid expenses and other current assets	304,048	441,453
Total current assets	5,865,518	8,086,006
Other assets		338,974
Notes and accounts receivables - related parties	2,418,921	1,282,072
Operating lease right-to-use assets	354,440
Intangible assets, net	1,722,277	1,948,263
Equity investment	505,000
Property, plant, and equipment	14,527,400	14,420,559
Less accumulated depreciation	10,086,560	9,722,009
Property, plant, and equipment, net	4,440,840	4,698,550
Total assets	15,306,996	16,353,865
Liabilities and stockholders’ equity
Accounts payable and accrued expenses	3,131,209	3,880,086
Income taxes payable	121,177	35,304
Operating lease liabilities, current	236,771
Revolving line of credit	500,000
Total current liabilities	3,989,157	3,915,390
Noncurrent liabilities:
Operating lease liabilities, noncurrent	103,580
Other noncurrent liabilities	112,616	445,611
Total noncurrent liabilities	216,196	445,611
Stockholders’ equity:
Preferred stock, par value $0.001 per share; 500,000 shares authorized; -0- shares issued and outstanding in 2019 and 2018	0	0
Common stock, par value $0.001 per share; 5,000,000 shares authorized, 2,110,013 shares issued and 1,746,449 shares outstanding in 2019; 2,110,013 shares issued and 1,845,160 shares outstanding in 2018	2,110	2,110
Additional paid-in capital	30,643,771	30,622,547
Accumulated deficit	(12,755,495)	(12,311,138)
Accumulated other comprehensive loss:
Foreign currency translation adjustment	(937,320)	(982,095)
Treasury stock	(5,851,423)	(5,338,560)
Total stockholders’ equity	11,101,643	11,992,864
Total liabilities and stockholders’ equity	$ 15,306,996	$ 16,353,865