v3.19.2

Consolidated Balance Sheets - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Current Assets
Cash and cash equivalents	$ 86,372	$ 105,095
Notes receivable - related parties	59,690	62,500
Accounts receivable, net	585,164	567,191
Accounts receivable, net - related parties	3,683,019	3,210,345
Other receivables	23,967	11,246
Other receivables - related parties	60,412	60,412
Prepayment-current	644	644
Total Current Assets	4,499,268	4,017,433
Prepayment-non current	5,909	6,232
Property, plant and equipment, net	43,618	42,314
Deferred tax assets	787,676	654,375
Goodwill	40,331	40,331
Investments	3,860	3,860
Total Assets	5,380,662	4,764,545
Current Liabilities
Accounts payable and accrued expenses	36,578	83,000
Deferred revenues-current	2,773,592	2,173,592
Other payables	560	560
Deposit from customers	1,469	1,469
Due to related parties	120,825	59,143
Income tax payable	90,537	78,323
Total Current Liabilities	3,023,561	2,396,087
Deferred revenues-non current	42,631	44,901
Total Liabilities	3,066,192	2,440,988
Shareholders' Equity
Common stock, $0.0001 par value; 500,000,000 shares authorized,198,566,004 and 198,481,796 shares issued and outstanding	198,566	198,482
Common stock subscribed
Additional paid-in capital	6,220,837	6,135,995
Deferred compensation	1,295,248	1,623,587
Receivable for issuance of stock	315,207	313,208
Retained Earnings	(2,500,049)	(2,050,372)
Noncontrolling interest	5,571	(23,753)
Shareholders' Equity	2,314,470	2,323,557
Total Liabilities and Shareholders' Equity	$ 5,380,662	$ 4,764,545

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

AMERICATOWNE HOLDINGS, INC. 10-Q