Nova LifeStyle (NVFY) 10-K 14 Apr 17 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Apr. 10, 2017	Jun. 30, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	Nova Lifestyle, Inc.
Document Type	10-K
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		26,959,865
Entity Public Float			$ 10,550,970
Amendment Flag	false
Entity Central Index Key	1,473,334
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 2,587,743	$ 920,227
Accounts receivable, net	42,102,761	42,684,259
Advance to suppliers	13,669,752	7,936,141
Inventories	2,781,123	2,514,319
Assignment fee receivable (Note 3)	1,250,000	0
Receivable from an unrelated party (Note 8)	7,000,000	0
Prepaid expenses and other receivables	642,891	508,999
Taxes receivable	14,893	8,494
Assets of discontinued operations	0	11,260,606
Total Current Assets	70,049,163	65,833,045
Noncurrent Assets
Plant, property and equipment, net	171,276	200,077
Lease deposit	43,260	43,260
Goodwill	218,606	218,606
Intangible assets, net	5,686,623	6,247,481
Deferred tax asset	874,759	61,000
Assets of discontinued operations, non-current	0	17,144,538
Total Noncurrent Assets	6,994,524	23,914,962
Total Assets	77,043,687	89,748,007
Current Liabilities
Accounts payable	2,368,775	5,708,259
Lines of credit	7,977,841	1,848,000
Advance from customers	513,880	63,789
Accrued liabilities and other payables	780,960	1,438,105
Liabilities of discontinued operations	0	8,147,018
Total Current Liabilities	11,641,456	17,205,171
Noncurrent Liabilities
Lines of credit	0	5,659,357
Income tax payable	2,136,788	2,160,449
Liabilities of discontinued operations, non-current	0	4,731,348
Total Noncurrent Liabilities	2,136,788	12,551,154
Total Liabilities	13,778,244	29,756,325
Contingencies and Commitments
Stockholders’ Equity
Common stock, $0.001 par value; 75,000,000 shares authorized, 27,309,695 and 24,254,160 shares issued and outstanding; as of December 31, 2016 and 2015, respectively	27,309	24,254
Additional paid-in capital	36,885,462	31,761,983
Statutory reserves	6,241	6,241
Accumulated other comprehensive income		1,570,534
Retained earnings	26,346,431	26,628,670
Total Stockholders’ Equity	63,265,443	59,991,682
Total Liabilities and Stockholders’ Equity	$ 77,043,687	$ 89,748,007

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	27,309,695	24,254,160
Common stock, shares outstanding	27,309,695	24,254,160

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Net Sales	$ 92,648,195	$ 89,943,415
Cost of Sales	79,124,451	74,664,644
Gross Profit	13,523,744	15,278,771
Operating Expenses
Selling expenses	5,324,270	4,631,758
General and administrative expenses	8,965,566	6,016,805
Total Operating Expenses	14,289,836	10,648,563
(Loss) Income From Operations	(766,092)	4,630,208
Other Income (Expenses)
Non-operating (income) expense, net	46,717	43,237
Foreign exchange transaction loss	(6,386)	(7,003)
Loss on change in fair value and extinguishment of warrant liability	0	(767,096)
Interest expense	(283,795)	(275,630)
Financial expense	(119,100)	(57,866)
Total Other Expenses, Net	(362,564)	(1,064,358)
(Loss) Income Before Income Taxes and Discontinued operations	(1,128,656)	3,565,850
Income Tax (Benefit) Expense	(836,620)	161,443
(Loss) Income From Continuing Operations	(292,036)	3,404,407
Loss From Discontinued Operations, net of tax	(826,217)	(1,204,165)
Net (Loss) Income	(1,118,253)	2,200,242
Other Comprehensive Income (Loss)
Release of foreign currency translation adjustments upon disposal of subsidiaries	836,014	0
Foreign currency translation	(734,520)	(1,004,633)
Comprehensive (Loss) Income	$ (1,016,759)	$ 1,195,609
Basic weighted average shares outstanding (in Shares)	25,432,037	22,825,652
Diluted weighted average shares outstanding (in Shares)	25,432,037	22,825,652
(Loss) income from continuing operations per share of common stock
Basic (in Dollars per share)	$ (0.01)	$ 0.15
Diluted (in Dollars per share)	(0.01)	0.15
Loss from discontinued operations per share of common stock
Basic (in Dollars per share)	(0.03)	(0.05)
Diluted (in Dollars per share)	(0.03)	(0.05)
Net (loss) income per share of common stock
Basic (in Dollars per share)	(0.04)	0.10
Diluted (in Dollars per share)	$ (0.04)	$ 0.10

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Statutory Reserve [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2014	$ 20,897	$ 24,751,476	$ 2,575,167	$ 6,241	$ 24,428,428	$ 51,782,209
Balance (in Shares) at Dec. 31, 2014	20,897,316
Exercise of warrants	$ 1,063	2,231,052				2,232,115
Exercise of warrants (in Shares)	1,062,912
Sales of common stock, net of issuance	$ 2,000	3,643,002				3,645,002
Sales of common stock, net of issuance (in Shares)	2,000,001
Stock issued to officer	$ 189	790,811				791,000
Stock issued to officer (in Shares)	189,209
Stock issued for service	$ 63	191,939				192,002
Stock issued for service (in Shares)	63,332
Stock compensation for board of directors	$ 42	153,703				153,745
Stock compensation for board of directors (in Shares)	41,390
Net income					2,200,242	2,200,242
Foreign currency translation gain			(1,004,633)			(1,004,633)
Balance at Dec. 31, 2015	$ 24,254	31,761,983	1,570,534	6,241	26,628,670	$ 59,991,682
Balance (in Shares) at Dec. 31, 2015	24,254,160					24,254,160
Exercise of warrants	$ 1,142	3,092,776				$ 3,093,918
Exercise of warrants (in Shares)	1,141,667
Stock issued to officer	$ 349	424,277				424,626
Stock issued to officer (in Shares)	350,000
Stock issued to employees	$ 968	582,457				583,425
Stock issued to employees (in Shares)	967,500
Stock issued for service	$ 495	919,074				919,569
Stock issued for service (in Shares)	495,389
Stock compensation for board of directors	$ 101	104,895				104,996
Stock compensation for board of directors (in Shares)	100,979
Disposal of subsidiaries			(836,014)		836,014
Net income					(1,118,253)	(1,118,253)
Foreign currency translation gain			(734,520)			(734,520)
Balance at Dec. 31, 2016	$ 27,309	$ 36,885,462	$ 0	$ 6,241	$ 26,346,431	$ 63,265,443
Balance (in Shares) at Dec. 31, 2016	27,309,695					27,309,695

CONSOLIDATED STATEMENTS OF STO6

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parentheticals) - USD ($)	Apr. 14, 2014	Dec. 31, 2015
Sales of common stock, issuance cost	$ 716,000	$ 355,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash Flows From Operating Activities
Net income (loss) from continuing operations	$ (292,036)	$ 3,404,407
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	603,155	512,884
Deferred tax expense	(813,760)	(52,742)
Stock compensation expense	1,637,362	1,377,328
Change in fair value and extinguishment of warrant liability	0	767,096
Bad debt expenses	2,603,745	660,136
Changes in operating assets and liabilities:
Accounts receivable	(2,022,248)	(8,782,341)
Advance to suppliers	(5,733,611)	231,046
Inventories	(266,804)	(1,193,622)
Other current assets	298,115	(724,046)
Accounts payable	(3,856,326)	(533,545)
Advance from customers	450,091	(58,251)
Accrued liabilities and other payables	(710,327)	(295,394)
Taxes payable	(30,060)	115,616
Net Cash Used in Continuing Operations	(8,132,704)	(4,571,428)
Net Cash Provided by Discontinued Operations	1,711,201	342,120
Net Cash Used in Operating Activities	(6,421,503)	(4,229,308)
Cash Flows From Investing Activities
Deposits on plant construction and equipment	0	(52,398)
Purchase of property and equipment	(13,494)	0
Proceeds from disposal of subsidiaries, net of $43,873 of cash disposed of	13,206,127	0
Advances to an unrelated party (Note 8)	(7,000,000)	0
Construction in progress	0	(231,864)
Net Cash Provided by (Used in) Continuing Operations	6,192,633	(284,262)
Net Cash Used in Discontinued Operations	(94,231)	(2,189,402)
Net Cash Provided by (Used in) Investing Activities	6,098,402	(2,473,664)
Cash Flows From Financing Activities
Proceeds from line of credit and bank loan	44,405,074	36,034,645
Repayment to line of credit and bank loan	(43,934,591)	(35,057,901)
Proceeds from warrant exercised	3,093,918	0
Proceeds from equity financing, net of expenses of $355,000	0	3,645,002
Net Cash Provided by Continuing Operations	3,564,401	4,621,746
Net Cash (Used in) Provided by Discontinued Operations	(1,638,747)	1,830,326
Net Cash Provided by Financing Activities	1,925,654	6,452,072
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(2,839)	(5,379)
Net (decrease) increase in cash and cash equivalents	1,599,714	(256,279)
Cash and cash equivalents, beginning of year	988,029	1,244,308
Cash and cash equivalents, ending of year	2,587,743	988,029
Analysis of cash and cash equivalents
Included in cash and cash equivalents per consolidated balance sheets	2,587,743	920,227
Cash and cash equivalents, end of year	988,029	988,029
Cash paid during the period for:
Income tax payments	7,200	131,292
Interest paid	282,951	275,860
Cash paid during the period for:
Income tax payments	0	0
Interest paid	145,645	112,465
Supplemental Disclosure of Non-Cash Investing and Financing Activities
Construction in progress and deposits for equipment and factory construction transfer to fixed assets	0	2,406,995
Deposit on plant construction and website design transfer to construction in progress	0	1,208,200
Issuance of common stock in exchange of surrender and termination of warrants	$ 0	$ 2,232,115

CONSOLIDATED STATEMENTS OF CAS8

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parentheticals)	Dec. 31, 2016USD ($)
Proceeds from disposal of subsidiaries, cash	$ 43,873

Note 1 - Organization and Descr

Note 1 - Organization and Description of Business	12 Months Ended
	Dec. 31, 2016
Disclosure Text Block [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Note 1 - Organization and Description of Business Nova LifeStyle, Inc. (“Nova LifeStyle” or the “Company”), formerly known as Stevens Resources, Inc., was incorporated in the State of Nevada on September 9, 2009. The Company is a U.S. holding company with no material assets other than the ownership interests of our subsidiaries through which we market, design and sell furniture worldwide: Nova Furniture Limited in the British Virgin Islands (“Nova Furniture”), Nova Furniture Ltd. in Samoa (“Nova Samoa”), Bright Swallow International Group Limited (“Bright Swallow” or “BSI”), Nova Furniture Macao Commercial Offshore Limited (“Nova Macao”), and Diamond Bar Outdoors, Inc. (“Diamond Bar”). Nova Macao was organized under the laws of Macao on May 20, 2006. Nova Macao is a wholly owned subsidiary of Nova Furniture. Diamond Bar, doing business as Diamond Sofa, was incorporated in California on June 15, 2000. Nova Macao is a trading company, importing, marketing and selling products designed and manufactured by Nova Furniture (Dongguan) Co., Ltd. (“Nova Dongguan”) and third party manufacturers for the U.S. and international markets. Diamond Bar markets and sells products manufactured by us and third party manufacturers under the Diamond Sofa brand to distributors and retailers principally in the U.S. market. On April 24, 2013, the Company completed the acquisition of Bright Swallow, an established furniture company with a global client base. The sale of three of the Company’s former subsidiaries, Nova Dongguan, Nova Dongguan Chinese Style Furniture Museum (“Nova Museum”), and Dongguan Ding Nuo Household Products Co., Ltd. (“Ding Nuo”), was consummated on October 25, 2016, and as a result, they are now accounted for as discontinued operations in the accompanying consolidated financial statements for all periods presented. Accordingly, assets and liabilities, revenues and expenses, and cash flows related to the business of these subsidiaries have been appropriately reclassified in the accompanying consolidated financial statements as discontinued operations for all periods presented. Additional information with respect to the sale of these subsidiaries is presented at Note 3. Nova Dongguan is a wholly foreign-owned enterprise, or WFOE, and was incorporated under the laws of the PRC on June 6, 2003. Nova Dongguan organized Nova Museum on March 17, 2011 as a non-profit organization under the laws of the PRC engaged in the promotion of the culture and history of furniture in China. Nova Dongguan markets and sells products in China to stores in our former franchise network and to wholesalers and agents for domestic retailers and exporters. Nova Dongguan also provides design expertise and facilities to manufacture branded products and products for international markets under original design manufacturer and original equipment manufacturer agreements, or ODM and OEM agreements. On October 24, 2013, Nova Dongguan incorporated Ding Nuo under the laws of the PRC and contributed capital of RMB 1 million ($162,994). Nova Dongguan made an additional capital contribution of RMB 0.1 million ($16,305) on November 27, 2013 through one of Nova Dongguan’s officers who acted as the nominee shareholder of Ding Nuo; accordingly, Nova Dongguan effectively controls 100% of Ding Nuo. Ding Nuo was established mainly for engaging in business with IKEA. The “Company” and “Nova” collectively refer to Nova LifeStyle, the U.S. parent, and its subsidiaries, Nova Furniture, Nova Samoa, Nova Macao, Diamond Bar, and BSI. The “Company” may also from time to time in these Notes include the Company’s former subsidiaries, Nova Furniture BVI, Nova Dongguan, Nova Museum and Ding Nuo.

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	Note 2 - Summary of Significant Accounting Policies Basis of Presentation The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The consolidated financial statements include the financial statements of the Company and its subsidiaries. All significant inter-company transactions and balances have been eliminated in consolidation. Use of Estimates In preparing consolidated financial statements in conformity with U.S. GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the dates of the consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Significant estimates and assumptions made by management include, but are not limited to, the allowance for bad debt, valuation of inventories, unrecognized tax benefits, valuation allowance for deferred tax assets, assumptions used in assessing impairment of long-lived assets and goodwill and fair value of warrant derivative liability. Actual results could differ from those estimates. Business Combination For a business combination, the assets acquired, the liabilities assumed and any noncontrolling interest in the acquiree are recognized at the acquisition date, measured at their fair values as of that date. In a business combination achieved in stages, the identifiable assets and liabilities, as well as the noncontrolling interest in the acquiree, are recognized at the full amounts of their fair values. In a bargain purchase in which the total acquisition-date fair value of the identifiable net assets acquired exceeds the fair value of the consideration transferred plus any noncontrolling interest in the acquiree that excess in earnings is recognized as a gain attributable to the acquirer. Deferred tax liability and asset are recognized for the deferred tax consequences of differences between the tax bases and the recognized values of assets acquired and liabilities assumed in a business combination in accordance with Accounting Standards Codification (“ASC”) Topic 740-10. Goodwill Goodwill is the excess of purchase price and related costs over the value assigned to the net tangible and identifiable intangible assets of businesses acquired. In accordance with ASC Topic 350, “Intangibles-Goodwill and Other,” goodwill is not amortized but is tested for impairment, annually or more frequently when circumstances indicate a possible impairment may exist. Impairment testing is performed at a reporting unit level. An impairment loss generally would be recognized when the carrying amount of the reporting unit exceeds its fair value, with the fair value of the reporting unit determined using discounted cash flow (“DCF”) analysis. A number of significant assumptions and estimates are involved in the application of the DCF analysis to forecast operating cash flows, including the discount rate, the internal rate of return and projections of realizations and costs to produce. Management considers historical experience and all available information at the time the fair values of its reporting units are estimated. ASC Topic 350 also permits an entity to first assess qualitative factors to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount, including goodwill. If it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then the two-step goodwill impairment test is required to be performed. Otherwise, no further testing is required. Performing the qualitative assessment involved identifying the relevant drivers of fair value, evaluating the significance of all identified relevant events and circumstances, and weighing the factors to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount. After evaluating and weighing all these relevant events and circumstances, it was concluded that a positive assertion can be made from the qualitative assessment that it is more likely than not that the fair value of Diamond Bar is greater than its carrying amount. As such, it is not necessary to perform the two-step goodwill impairment test for Diamond Bar reporting unit. Accordingly, as of December 31, 2016 and 2015, the Company concluded there was no impairment of goodwill of Diamond Bar. On April 24, 2013, Nova LifeStyle completed the acquisition of Bright Swallow. Under the acquisition method of accounting, the total purchase is allocated to tangible assets and intangible assets acquired and liabilities assumed based on their fair values with the excess charged to goodwill. Nova LifeStyle recognized $808,518 of goodwill from the acquisition. In June 2014, the Company performed an interim goodwill impairment assessment for Bright Swallow using a two-step impairment test based on Bright Swallow’s actual performance for the first six-months of 2014 and updated revenue and expense projections. Based on this analysis, the Company concluded that all of the goodwill pertaining to Bright Swallow was impaired in June 2014. The goodwill impairment charge was non-cash. The goodwill impairment charge was not deductible for income tax purposes and, therefore, the Company did not record a corresponding tax benefit in 2014. Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents. Accounts Receivable The Company’s policy is to maintain an allowance for potential credit losses on accounts receivable. Management reviews the composition of accounts receivable and analyzes historical bad debts, customer concentrations, customer credit worthiness, current economic trends and changes in customer payment patterns to evaluate the adequacy of these reserves. Based on historical collection activity, the Company recorded $3,019,931 and $484,936 as allowance for bad debt as of December 31, 2016 and 2015, respectively. During the years ended December 31, 2016 and 2015, bad debts from continuing operations were $2,603,745 Inventories Inventories are stated at the lower of cost or market value with cost determined on a weighted-average basis. Management compares the cost of inventories with the net realizable value and an allowance is made for writing down their inventories to market value, if lower. The Company did not record any write-downs of inventory at December 31, 2016 and 2015. Plant, Property and Equipment and Construction in Progress Plant, property and equipment are stated at cost, net of accumulated depreciation and impairment losses, if any. Expenditures for maintenance and repairs are expensed as incurred; while additions, renewals and improvements are capitalized. When property and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation is removed from the respective accounts, and any gain or loss is included in operations. Depreciation of property and equipment is provided using the straight-line method for substantially all assets with 10% salvage value and estimated lives as follows: Building and workshops 20 years Computer and office equipment 5 years Decoration and renovation 10 years Machinery 10 years Autos 5 years Depreciation of plant, property and equipment attributable to manufacturing activities is capitalized as part of inventories, and expensed to cost of goods sold when inventories are sold. Construction in progress represents capital expenditure in respect of direct costs of construction or acquisition and design fees incurred. Capitalization of these costs ceases and the construction in progress is transferred to the appropriate category of property, plant and equipment when substantially all the activities necessary to prepare the assets for their intended use are completed. Construction in progress is not depreciated until such time as the asset is completed and is ready for its intended use. Impairment of Long-Lived Assets Long-lived assets, which include property, plant and equipment and intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Recoverability of long-lived assets to be held and used is measured by comparing the carrying amount of an asset to the estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows, an impairment charge is recognized by the amount by which the carrying amount of the asset exceeds the fair value of the assets. Fair value is generally determined using the asset’s expected future discounted cash flows or market value, if readily determinable. Based on its review, the Company believes that, as of Dece mber 31, 2016 and 2015, there was no significant impairment of its long-lived assets. Research and Development Research and development costs are related primarily to the Company designing and testing its new products during the development stage. Research and development costs are recognized in general and administrative expenses and expensed as incurred. Research and development expense from continuing operations was $95,877 and $139,869 for the years ended December 31, 2016 and 2015, respectively Research and development expense from the Company’s discontinued operations was $628,627 and $932,616 for the years ended December 31, 2016 and 2015, respectively. Income Taxes Income taxes are accounted for using an asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates, applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. The Company follows ASC Topic 740, which prescribes a more-likely-than-not threshold for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740 also provides guidance on recognition of income tax assets and liabilities, classification of current and deferred income tax assets and liabilities, accounting for interest and penalties associated with tax positions, accounting for income taxes in interim periods, and income tax disclosures. Under the provisions of ASC Topic 740, when tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. China’s Corporate Income Tax Law (“CIT Law”), together with its Implementation Regulations, effective as of January 1, 2008, introduced a set of anti-avoidance measures under its special tax adjustments regulations. In January 2009, the State Administration of Taxation issued Circular of the State Administration of Taxation on the Issuance of the Implementation Measure of Special Tax Adjustments (“Circular 2”). The regulation is applied retrospectively for tax years beginning after January 1, 2008. Article 3 of Circular 2 states that in respect of transfer pricing administration, relevant tax authorities shall examine business transactions between enterprises and their related parties (“related-party transactions”) and evaluate whether they are conducted on an arm’s-length basis, in addition to conducting investigations and making adjustments, as required under the CIT Law and Article 36 of the PRC Tax Administration and Collection Law (“Tax Collection Law”). The significant uncertain tax position arose from the transfer pricing between Nova Dongguan and Nova Macao, wherein the Company determined that the gross profit generated by Nova Dongguan from sales to Nova Macao was materially different from profits generated from sales to third parties. The statute of limitations for transfer pricing issues is 10 years from the tax year in which the transfer pricing issue arises pursuant to PRC tax law. A reconciliation of the January 1, 2015, through December 31, 2016, amount of unrecognized tax benefits excluding interest and penalties (“Gross UTB”) is as follows: Gross UTB 2016 2015 Beginning Balance $ 1,805,014 $ 1,791,388 (Decrease) increase in unrecorded tax benefits taken in the years ended December 31, 2016 and 2015, related to the Company’s continuing operations (162,633 ) 13,626 Ending Balance $ 1,642,381 $ 1,805,014 During the years ended December 31, 2016 and 2015, the Company recorded income tax (benefit) expense from its continuing operations of approximately ($836,620) and $161,443, respectively. As of December 31, 2016 and 2015, the Company has recorded $1,642,000 and $1,805,000 of unrecognized tax benefit related to its continuing operations. At December 31, 2016 and 2015, the Company had cumulatively accrued approximately $494,000 and $355,000 for estimated interest and penalties related to unrecognized tax benefits related to the Company’s continuing operations. The Company recorded interest and penalties related to unrecognized tax benefits as a component of income tax expense, which totaled approximately $139,000 and $128,000 related to the Company’s continuing operations, respectively. The Company does not anticipate any significant changes to its unrecognized tax benefits within the next 12 months. For the years ended December 31, 2016 and 2015, the Company did not record unrecognized tax benefits related to transfer pricing adjustments between Nova Dongguan and Nova Macau since the intercompany sales between the two entities appears to comply with reasonable arm’s length principles. Nova Dongguan and Ding Nuo were subject to taxation in the PRC. Nova Dongguan’s PRC income tax returns are generally not subject to examination by the tax authorities for tax years before 2010. With a few exceptions, the tax years 2010-2015 remain open to examination by tax authorities in the PRC. Unrecognized tax benefit related to transfer pricing adjustment between Dongguan and Macau is generally not subject to examination by the PRC tax authorities for tax years before 2005. The tax years 2013-2016 for US entities remain open to examination by tax authorities in the US. Revenue Recognition The Company’s revenue recognition policies are in compliance with ASC Topic 605, “Revenue Recognition.” Sales revenue is recognized when a formal arrangement exists, the price is fixed or determinable, the delivery is completed and no other significant obligations of the Company exist and collectability is reasonably assured. No revenue is recognized if there are significant uncertainties regarding the recovery of the consideration due, or the possible return of the goods. Payments received before all of the relevant criteria for revenue recognition are recorded as unearned revenue. Sales revenue represents the invoiced value of goods, net of value-added taxes (“VAT”). All of the Company’s products sold in China are subject to the PRC VAT of 17% of the gross sales price. This VAT may be offset by VAT paid by the Company on raw materials and other materials purchased in China and included in the cost of producing the finished product. The Company records VAT payable and VAT receivable net of payments in the consolidated financial statements. The VAT tax return is filed offsetting the payables against the receivables. Sales and purchases are recorded net of VAT collected and paid as the Company acts as an agent for the government. The Company’s sales policy allows for the return of product within the warranty period if the product is defective and the defects are the Company’s fault. As alternatives for the product return option, the customers have options of asking a discount from the Company for the products with quality issues or receiving replacement parts from the Company at no cost. The amount for return of products, the discount provided to the Company’s customers and the cost for replacement parts were immaterial for years ended December 31, 2016 and 2015. Franchise Arrangements In 2010, the Company’s former subsidiaries in China began entering into area product franchise agreements with franchisees who operate specialty furniture stores carrying only Nova-branded products. The product franchise agreement provides for the franchisee to retail Nova-brand furniture products for a period of one year from the date of the agreement. The franchisee is required to pay a deposit of RMB 30,000 at the signing of the agreement, which is used as payment for future purchases and is deferred on the Company’s balance sheet as a customer deposit. The franchisee is required to guarantee a minimum purchase amount from the Company during the contract period. The Company had the right to terminate the agreement should the franchisee fail to meet the minimum purchase amount. The Company previously provides the franchisee with store images and designs, signage, floor plan product information and training. In addition, the Company would rebate a per square meter subsidy to the franchisee for the store build-out within 12 months from the agreement date. Under the program, the Company established standard renovation amounts (the “Renovation Subsidy”) for various cities in China. The franchisee was able to obtain, in the form of credits against purchase orders, percentages of the Renovation Subsidy applicable in the city in which the franchisee is located, as follows: 0% to 30% of the Renovation Subsidy applied to the first purchase order and 5% of each purchase order thereafter until the aggregate of all credits equals 100% of the Renovation Subsidy, or 12 months from the date of the franchise agreement, whichever occurs first. In accordance with ASC 605-50, as the Company does not receive an identifiable benefit from these rebates, the rebates are recorded as a reduction of revenue on sales to the franchisees. All of the franchise agreements relating to the Company’s operations were divested in connection with its discontinued operations (see Note 3 – Discontinued Operations). Cost of Sales Cost of sales consists primarily of finished goods purchased from other manufacturers, material costs, labor costs and related overhead that are directly attributable to the production of the products. Write-down of inventory to the lower of cost or market value is also recorded in the cost of sales. Shipping and Handling Costs Shipping and handling costs related to delivery of finished goods are included in selling expenses. During the twelve months ended December 31, 2016 and 2015, shipping and handling costs from continuing operations were $724 and $5,705, respectively. During the twelve months ended December 31, 2016 and 2015, shipping and handling costs from discontinued operations were $417,563 and $578,553, respectively. Advertising Advertising expenses consist primarily of costs of promotion and marketing for the Company’s image and products, and costs of direct advertising, and are included in selling expenses. The Company expenses all advertising costs as incurred. Advertising expense from continuing operations was $2,580,728 and $2,313,367 for the years ended December 31, 2016 and 2015, respectively. Advertising expense from discontinued operations was $62,218 and $209,129 for the years ended December 31, 2016 and 2015, respectively. Share-based compensation The Company accounts for share-based compensation awards to employees in accordance with FASB ASC Topic 718, “Compensation – Stock Compensation”, which requires that share-based payment transactions with employees be measured based on the grant-date fair value of the equity instrument issued and recognized as compensation expense over the requisite service period. The Company accounts for share-based compensation awards to non-employees in accordance with FASB ASC Topic 718 and FASB ASC Subtopic 505-50, “Equity-Based Payments to Non-employees”. Share-based compensation associated with the issuance of equity instruments to non-employees is measured at the fair value of the equity instrument issued or committed to be issued, as this is more reliable than the fair value of the services received. The fair value is measured at the date that the commitment for performance by the counterparty has been reached or the counterparty’s performance is complete. Earnings per Share (EPS) Basic EPS is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS is computed similar to basic net income per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if all the potential common shares pertaining to warrants, stock options, and similar instruments had been issued and if the additional common shares were dilutive. Diluted earnings per share are based on the assumption that all dilutive convertible shares and stock options and warrants were converted or exercised. Dilution is computed by applying the treasury stock method for the outstanding unvested restricted stock, options and warrants, and the if-converted method for the outstanding convertible instruments. Under the treasury stock method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later) and as if funds obtained thereby were used to purchase common stock at the average market price during the period. Under the if-converted method, outstanding convertible instruments are assumed to be converted into common stock at the beginning of the period (or at the time of issuance, if later). The following table presents a reconciliation of basic and diluted (loss) earnings per share for the years ended December 31, 2016 and 2015: Years Ended December 31, 2016 2015 (Loss) Income from continuing operations $ (292,036 ) $ 3,404,407 Loss from discontinued operations (826,217 ) (1,204,165 ) Net (loss) income (1,118,253 ) 2,200,242 Weighted average shares outstanding – basic and diluted* 25,432,037 22,825,652 Income (loss) from continuing operations per share – basic and diluted $ (0.01 ) $ 0.15 Loss from discontinued operations per share – basic and diluted (0.03 ) (0.05 ) Net income (loss) per share – basic and diluted $ (0.04 ) $ 0.10 * Including 616,451 and 158,188 vested shares granted that were not yet issued for the years ended December 31, 2016 and 2015, respectively. At December 31, 2016 and 2015, warrants to purchase 858,334 and 2,050,001 shares of common stock were outstanding and exercisable, respectively. For the years ended December 31, 2016 and 2015, 858,334 and 2,050,001 shares purchasable under warrants were excluded from EPS, respectively, as their effects were anti-dilutive. For all the periods presented, the unvested restricted stock were anti-dilutive. Concentration of Credit Risk Financial instruments that potentially subject the Company to credit risk consist primarily of accounts and other receivables. The Company does not require collateral or other security to support these receivables. The Company conducts periodic reviews of the financial condition and payment practices of its customers to minimize collection risk on accounts receivable. Two major customers accounted for 21% (11% and 10% for each) of the Company’s sales for the year ended December 31, 2016. No customer accounted for 10% or more of the Company’s sales for the year ended December 31, 2015. The Company purchased its products from five major vendors during the years ended December 31, 2016, and from four major vendors during the years ended December 31, 2015, accounting for a total of 80% (22%, 19%, 16%, 12% and 11% for each) and 75% (22%, 21%, 16%, and 16% for each) of the Company’s purchases, respectively. Accounts payable to these vendors were $446,428 and $4,294,228 as of December 31, 2016 and 2015, respectively. Prior to its divestment of its PRC subsidiaries, the operations of the Company were located principally in China and the U.S. Accordingly, the Company’s Chinese subsidiaries’ business, financial condition and results of operations were, from time to time influenced by the political, economic and legal environments in China, as well as by the general state of the PRC economy. The Company’s operations in the PRC were subject to specific considerations and significant risks not typically associated with companies in North America and Western Europe. These included risks associated with, among others, the political, economic and legal environments in China and foreign currency exchange. The Company’s results may be adversely affected by changes in PRC government policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things. The Company’s sales, purchase and expense transactions in China are denominated in Chinese Yuan Renminbi (“RMB”), and all of the assets and liabilities of the Company’s former subsidiaries in China are also denominated in RMB. The RMB is not freely convertible into foreign currencies under the current law. In China, foreign exchange transactions are required by law to be transacted only by authorized financial institutions. Remittances in currencies other than RMB may require certain supporting documentation in order to affect the remittance. Statement of Cash Flows In accordance with FASB ASC Topic 230, “Statement of Cash Flows,” cash flows from the Company’s operations is calculated based upon local currencies. As a result, amounts related to assets and liabilities reported on the statement of cash flows may not necessarily agree with changes in the corresponding balances on the balance sheet. Fair Value of Financial Instruments Some of the Company’s financial instruments, including cash and cash equivalents, accounts receivable, other receivables, accounts payable, accrued liabilities and short-term debt, have carrying amounts that approximate their fair values due to their short maturities. ASC Topic 820, “Fair Value Measurements and Disclosures,” requires disclosure of the fair value of financial instruments held by the Company. ASC Topic 825, “Financial Instruments,” defines fair value and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the consolidated balance sheets for receivables and current liabilities each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined as follows: · Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. · Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. · Level 3 inputs to the valuation methodology are unobservable and significant to the fair value measurement. The Company analyzes all financial instruments with features of both liabilities and equity under ASC Topic 480, “Distinguishing Liabilities from Equity,” and ASC Topic 815, “Derivatives and Hedging.” The carrying value of cash, accounts receivable, advance to suppliers, other receivables, accounts payable, lines of credit, advance from customers, other payables and accrued liabilities approximate estimated fair values because of their short maturities. The estimated fair value of the long-term lines of credit approximated the carrying amount as the interest rates are considered as approximate to the current rate for comparable loans at the respective balance sheet dates. The carrying value of the warrant liability is determined using the Binomial Lattice option pricing model. Certain assumptions used in the calculation of the warrant liability represent Level-3 unobservable inputs. The Company did not have any assets or liabilities categorized as Level 1 or 2 as of December 31, 2016. The following table summarizes the activity of Level 3 inputs measured on a recurring basis: Fair Value Measurements of Common Stock Warrants Using Significant Unobservable Inputs (Level 3) For the Years Ended December 31, 2016 2015 Balance at January 1 $ - $ 1,465,019 Adjustment resulting from change in fair value (a) and extinguishment of warrants recognized in earnings - 767,096 1,053,670 common shares issued in exchange of surrender of 1,062,912 warrants (2,232,115 ) Balance at December 31 $ - $ - (a) Adjustment resulting from change in fair value Foreign Currency Translation and Transactions The consolidated financial statements are presented in USD. The functional currency of Nova LifeStyle, Nova Furniture, Nova Samoa, Nova Macao, Bright Swallow and Diamond Bar is the United States Dollar (“$” or “USD”). The functional currency of Nova Dongguan, Nova Museum and Ding Nuo is RMB. The functional currencies of the Company’s foreign operations are translated into USD for balance sheet accounts using the current exchange rates in effect as of the balance sheet date, except for the equity account using the historical exchange rate, and for revenue and expense accounts using the weighted-average exchange rate during the fiscal year. The translation adjustments are recorded in the consolidated statements of income and comprehensive income, captioned “Accumulated other comprehensive income.” Gains and losses resulting from transactions denominated in foreign currencies are included in “Other income (expenses)” in the consolidated statements of income and comprehensive income. There have been no significant fluctuations in the exchange rate for the conversion of RMB to USD after the balance sheet date. The RMB to USD exchange rates in effect as of October 25, 2016 (date of disposal of subsidiaries) and December 31, 2015, were RMB6.7641 = USD$1.00 and RMB6.4936 = USD$1.00, respectively. The weighted-average RMB to USD exchange rates in effect for the period from January 1, 2016 to October 25, 2016 (date of disposal of subsidiaries) and 2015 were RMB6.5904= USD$1.00 and RMB6.1738= USD$1.00, respectively. The exchange rates used in translation from RMB to USD were published by the People’s Bank of the People’s Republic of China. Comprehensive Income The Company follows FASB ASC 220 “Reporting Comprehensive Income.” Comprehensive income is comprised of net income and all changes to the consolidated statements of stockholders’ equity, except those due to investments by stockholders, changes in paid-in capital and distributions to stockholders. Comprehensive income for the years ended December 31, 2016 and 2015 included net income and foreign currency translation adjustments. Segment Reporting ASC Topic 280, “Segment Reporting,” requires use of the “management approach” model for segment reporting. The management approach model is based on the way a company’s chief operating decision m

Note 3 - Discontinued Operation

Note 3 - Discontinued Operations	12 Months Ended
	Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	Note 3 - Discontinued Operations On September 23, 2016, Nova Furniture, a wholly-owned subsidiary of the Company (the “Seller”), entered into a Share Transfer Agreement (the “Agreement”) with Kuka Design Limited, an unrelated company incorporated in British Virgin Islands (“Kuka Design BVI” or “Buyer”). Pursuant to the terms of the Agreement, the Seller sold all of the outstanding equity interests in Nova Dongguan, a wholly owned subsidiary of the Seller, to the Buyer for a total of $8,500,000 (the “Transaction”), which such value was primarily derived from Nova Dongguan and Nova Donguan’s wholly owned subsidiary, Nova Museum, and 90.97% owned subsidiary, Ding Nuo. Upon consummation of the Transaction on October 25, 2016, the Buyer became the sole owner of Nova Dongguan. The purchase price of $8,500,000 was fully paid on October 6, 2016. On November 10, 2016, Nova Furniture entered into a Trademark Assignment Agreement with Kuka Design BVI. Pursuant to the terms of the Trademark Assignment Agreement, Nova Furniture agreed to assign to Kuka Design BVI its full right to, and title in, the NOVA trademark in China for $6,000,000 (the “Assignment Fee”). Kuka Design BVI shall pay the Assignment Fee in two installments: $1,000,000 on or before November 30, 2016, and $5,000,000 on or before December 31, 2016. As the result of the assignment of NOVA trademark in China, Nova Furniture and its affiliated companies, including Nova Macao, will cease to use the NOVA trademark and brand in their business in China. Assignment Fee of $4,750,000 has been received as of December 31, 2016, and the remaining balance of $1,250,000 has been fully settled in January 2017. The following table summarizes the net assets of Nova Dongguan, Nova Museum and Nova Ding Nuo at the date of disposal (October 25, 2016): Cash and equivalents $ 43,873 Accounts receivable, net 4,667,943 Advance to suppliers, net 69,161 Inventories 2,600,856 Prepaid expenses and other receivables 564,517 Taxes receivable 6,589 Heritage and cultural assets 119,875 Property, plant and equipment, net 13,293,530 Lease deposit 48,936 Deposits for equipment and factory construction 624,935 Intangible assets, net 1,746,856 Deferred tax assets 392 Accounts payable (3,456,101 ) Lines of credit (1,049,659 ) Advance from customers (49,379 ) Accrued liabilities and other payables (718,793 ) Deferred rental payable (84,682 ) Noncurrent FIN 48 liability (7,403 ) Net assets of Nova Dongguan and subsidiaries upon disposal 18,421,446 Consideration received (13,250,000 ) Consideration receivable as of December 31, 2016 (1,250,000 ) Loss on disposal of subsidiaries $ (3,921,446 ) As a result, the operations of Nova Dongguan, Nova Museum and Ding Nuo are now accounted for as discontinued operations in the accompanying consolidated financial statements for all periods presented. The following table presents the components of discontinued operations reported in the consolidated statements of operations: For the years ended December 31, 2016 2015 Sales from external customers $ 14,796,374 $ 18,876,697 Intrasegment sales 1,632,079 1,860,710 Cost of goods sold (14,255,611 ) (17,626,626 ) Operating expenses (3,469,576 ) (4,191,133 ) Loss before income taxes (1,542,815 ) (814,022 ) Loss on disposal of subsidiaries (3,921,446 ) - Income tax benefit (expense) 4,638,044 (390,143 ) Income (loss) from discontinued operations $ 826,217 $ (1,204,165 ) The following table presents the major classes of assets and liabilities of discontinued operations of December 31, 2015 Cash and cash equivalents $ 67,802 Accounts receivable, net 7,767,406 Advance to suppliers 22,729 Inventories 2,739,710 Prepaid expenses and other receivables 662,959 Current assets of discontinued operations 11,260,606 Heritage and cultural assets 124,868 Plant, property and equipment, net 15,001,318 Lease deposit 50,975 Deposits for equipment and factory construction 143,758 Intangible assets, net 1,815,168 Deferred tax asset 8,451 Assets of discontinued operations, non-current 17,144,538 Accounts payable 4,114,598 Lines of credit 2,756,560 Advance from customers 123,570 Accrued liabilities and other payables 1,146,517 Taxes payable 5,773 Liabilities of discontinued operations 8,147,018 Deferred rent payable 89,904 Income tax payable 4,641,444 Liabilities of discontinued operations, non-current $ 4,731,348

Note 4 - Inventories

Note 4 - Inventories	12 Months Ended
	Dec. 31, 2016
Inventory Disclosure [Abstract]
Inventory Disclosure [Text Block]	Note 4 - Inventories The inventories as of December 31, 2016 and 2015, totaled $2,781,123 and $2,514,319, respectively, were all finished goods.

Note 5 - Advance to Suppliers

Note 5 - Advance to Suppliers	12 Months Ended
	Dec. 31, 2016
Disclosure Text Block Supplement [Abstract]
Other Current Assets [Text Block]	Note 5 - Advance to Suppliers As of December 31, 2016 and 2015, the Company had an advance to suppliers of $13,669,752 and $7,936,141, respectively. During the year ended December 31, 2014, the Company made certain advance payments to one of its suppliers totaling $5,000,000 to secure a favorable pricing structure on purchase orders submitted. As a result of production delays, on July 1, 2014, the Company entered into an agreement with this supplier to charge interest on these advances at an annual rate of 4.75% with maturity on March 31, 2015, interest to be paid monthly. Shipments received from the supplier were to be credited against the advance payments. The supplier had the option to repay the short-term advances for any product that it would not be able to deliver at any time. Initial shipments against these purchase orders were received by the Company in July 2014. The advance was paid in full on January 21, 2015. During the years ended December 31, 2016 and 2015 (prior to the date of payment in full), the supplier paid interest of $0 and $3,870 to the Company, respectively.

Note 6 - Plant, Property and Eq

Note 6 - Plant, Property and Equipment, Net	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	Note 6 - Plant, Property and Equipment, Net As of December 31, 2016 and 2015, plant, property and equipment consisted of the following: 2016 2015 Computer and office equipment $ 274,735 $ 261,240 Decoration and renovation 110,015 110,015 Less: accumulated depreciation (213,474 ) (171,178 ) $ 171,276 $ 200,077 Depreciation expense from continuing operations was $42,297 and $46,111 for the years ended December 31, 2016 and 2015, respectively. Depreciation expense from discontinued operations was $1,120,559 and $1,318,842 for the years ended December 31, 2016 and 2015, respectively.

Note 7 - Intangible Assets

Note 7 - Intangible Assets	12 Months Ended
	Dec. 31, 2016
Disclosure Text Block [Abstract]
Intangible Assets Disclosure [Text Block]	Note 7 - Intangible Assets The Company acquired a customer relationship with a fair value of $50,000 on August 31, 2011, as part of its acquisition of Diamond Bar. Concurrently with its acquisition of Diamond Bar, the Company entered into a trademark purchase and assignment agreement for all rights, title and interest in two trademarks (Diamond Sofa and Diamond Furniture) for $200,000 paid in full at the closing. Amortization of said customer relationship and the trademarks is provided using the straight-line method and estimated lives were 5 years for each. The Company acquired a customer relationship with a fair value of $6,100,559 on April 24, 2013, as part of its acquisition of Bright Swallow. Amortization of said customer relationship is provided using the straight-line method and estimated life was 15 years. The Company’s eCommerce platform is a website through which customers are able to browse and place orders online for the Company’s products. For the downloadable mobile application, customers are able to download the application onto their own mobile devices to browse the Company’s product offerings. The Nova sales kit application is used on mobile devices to enable the Company’s sales representatives to display the Company’s products and inventory to customers. The total cost associated with the development, programming, design and roll-out of the Company’s eCommerce platform, downloadable mobile application, and Nova sales kit application is approximately $1.20 million. The Company’s eCommerce platform, downloadable mobile application, and Nova sales-kit application were completed and put into operation in 2015. These intangible assets are amortized using the straight-line method with estimated lives of 10 years for each. Intangible assets consisted of the following as of December 31, 2016 and 2015: 2016 2015 eCommerce platform $ 1,208,200 $ 1,208,200 Customer relationship 6,150,559 6,150,559 Trademarks 200,000 200,000 Less: accumulated amortization (1,872,136 ) (1,311,278 ) $ 5,686,623 $ 6,247,481 Amortization of intangible assets from continuing operations was $560,858 and $466,773 for the years ended December 31, 2016 and 2015, respectively. Amortization of intangible assets from discontinued operations was $31,247 and $28,872 for the years ended December 31, 2016 and 2015, respectively. Annual amortization expense is expected to be approximately $527,524 over each of the next five years.

Note 8 - Receivables from an Un

Note 8 - Receivables from an Unrelated Party, Prepaid Expenses and Other Receivables	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 8 - Receivables from an Unrelated Party, Prepaid Expenses and Other Receivables (a) On September 22, 2016, in order to promote the Company’s image and extend its customer reach, the Company entered into a memorandum of understating with an unrelated party (“MOU”) whereby the Company agreed to pay a total fee of $16,000,000 for a period of twelve months, commencing on December 31, 2016, to finance the establishment and promotion of the unrelated party’s Academic E-commerce platform and integrated training center in Hong Kong (the “Platform”). As of December 31, 2016, the Company prepaid $7,000,000 to the unrelated party. After December 31, 2016, the Company further prepaid $6,835,000 to the unrelated party. However, having considered the recent market situation and the status of the establishment and promotion of the Platform, the Company does not wish to continue to finance the promotion of the Platform. On March 20, 2017, the Company and the unrelated party terminated the MOU and released both parties from all the obligations and liabilities under the MOU. The Company agreed to bear the costs of $800,000 incurred by the unrelated party on the Platform. The prepaid amount should be repaid in two instalments. The Company received the first instalment of $8,225,000 on April 11, 2017. The remaining balance of $5,610,000 is to be repaid by the unrelated party to the Company on or before April 30, 2017. (b) Prepaid Expenses and Other Receivables consisted of the following at December 31, 2016 and 2015: 2016 2015 Prepaid expenses $ 573,005 $ 479,091 Other receivables 69,886 29,908 Total $ 642,891 $ 508,999

Note 9 - Accrued Liabilities an

Note 9 - Accrued Liabilities and Other Payables	12 Months Ended
	Dec. 31, 2016
Disclosure Text Block Supplement [Abstract]
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]	Note 9 - Accrued Liabilities and Other Payables Accrued liabilities and other payables consisted of the following as of December 31, 2016 and 2015: 2016 2015 Other payables $ 47,790 $ 46,598 Salary payable 30,207 80,639 Financed insurance premiums 66,314 66,960 Accrued consulting fees - 19,078 Accrued rents 102,269 135,673 Accrued commission 494,108 460,475 Accrued marketing expense - 450,000 Accrued expenses, others 40,272 178,682 Total $ 780,960 $ 1,438,105 As of December 31, 2016 and 2015, other accrued expenses mainly included legal and professional fees, transportation expenses and utilities. Other payables represented other tax payable and meal expense.

Note 10 - Lines of Credit

Note 10 - Lines of Credit	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	Note 10 - Lines of Credit Diamond Bar entered into an agreement with a bank in California for a line of credit of up to $5,000,000 with annual interest of 4.25% and maturity on June 1, 2015. On June 8, 2015, the bank extended and modified the terms of the loan agreement to extend the line of credit up to a maximum of $6,000,000 until July 31, 2015 and $5,000,000 thereafter with an annual interest rate of 4.25% and maturity on September 1, 2015 (the term of which the bank allowed to extend until the renewal described in the following sentence while the bank conducted its own audit associated therewith). On September 28, 2015, Diamond Bar extended the line of credit up to a maximum of $6,000,000 with annual interest of 3.75% (4% from December 17, 2015) and maturity on June 1, 2017. On January 20, 2016, Diamond Bar increased the line of credit up to a maximum of $8,000,000 with annual interest of 3.75%. The line of credit is secured by all of the assets of Diamond Bar and is guaranteed by . The Diamond Bar loan has the following covenants: (i) maintain a minimum tangible net worth of not less than $10 million; (ii) maintain a ratio of debt to tangible net worth not in excess of 2.500 to 1.000; (iii) the pre-tax income must be not less than 1.000% of total revenue quarterly; and (iv) maintain a current ratio in excess of 1.250 to 1.000. As of December 31, 2016, Diamond Bar was in compliance with the stated covenants. In addition, the loan agreement provides for a cross default provision whereby an event of default on this loan will cause the Nova Macao loan, which is described below, to also be in default, as both loans are from the same lender. On January 22, 2015, Nova Macao renewed a line of credit, with an annual interest rate of 4.25% and principal of up to $6,500,000, with a commercial bank in Hong Kong to extend the maturity date to January 29, 2016. On February 16, 2016, Nova Macao extended the maturity date of line of credit to January 31, 2017, with an annual interest rate of 4% and principal of up to $6,500,000. The loan requires monthly payment of interest and that the interest rate will be adjusted annually. The loan was secured by assignment of Sinosure (China Export and Credit Insurance Company) credit insurance and is guaranteed by Nova LifeStyle and Diamond Bar. As of December 31, 2016 and 2015, Nova Macao had $1,848,000 outstanding on the line of credit. During the years ended December 31, 2016 and 2015, Nova Macao paid interest of $69,830 and $79,631, respectively. As of December 31, 2016, the Company had $4,652,000 available for borrowing without violating any covenants. The Company did not extend the line of credit and paid off in February 2017. The Nova Macao loan has the following covenants: (i) total outstanding under working capital advance shall not exceed the lesser of (a) the credit commitment of $6,500,000, (b) the insurance claim limit and (c) borrowing base allowed of 80% advance rate against certain eligible accounts receivable; (ii) eligible accounts receivable are insured buyers by Sinosure assigned to the bank and within established insurance limit; (iii) the bank has an absolute right to exclude any portion of the accounts receivable from the aging report for computation of the borrowing base as it deems fit; (iv) in case the aggregate outstanding amount of credit facilities exceeds the available amount of facilities conferred by the aforesaid computation of borrowing base, the excess amount shall be settled within 7 days by Nova Macao. As of December 31, 2016, Nova Macao was in compliance with the stated covenants. On April 25, 2012, Nova Dongguan entered into an agreement with a commercial bank in Dongguan for a line of credit of up to $3,016,045 (RMB 20 million) with maturity on April 24, 2015. On November 20, 2014, the Company paid off the line of credit and entered into a new agreement with a reduced line of credit of up to $1,508,023 (RMB 10 million) with a maturity on May 19, 2015. On May 5, 2015, Nova Dongguan extended the line of credit of $527,808 (RMB 3.5 million) and $980,215 (RMB 6.5 million) with maturities on September 6, 2015 and October 18, 2015, respectively. On September 21, 2015, Nova Dongguan paid off the lines of credit and entered into a new agreement with an increased line of credit of up to $3,016,045 (RMB 20 million) for a period up to September 20, 2018. As of the date of disposal of Nova Dongguan and December 31, 2015, Nova Dongguan had $1,049,659 (RMB 7.10 million) and $2,756,560 (RMB 17.9 million) outstanding, respectively. The loan of $1,931,773 (RMB 12.9 million) bears monthly interest of 0.51458% and requires monthly payment of the interest. The loan is due for repayment on September 24, 2016. On September 23, 2016, this line of credit was extended to October 24, 2016. On October 24, 2016, Nova Dongguan paid off this loan. On November 10, 2015, Nova Dongguan borrowed an additional $748,750 (RMB 5.0 million), which bears monthly interest of 0.47125% and requires monthly payment of the interest with maturity date on November 9, 2016. On January 26, 2016, Nova Dongguan borrowed an additional $314,475 (RMB 2.1 million), which bears monthly interest of 0.47125% and requires monthly payment of the interest with maturity date on January 25, 2017. The loans are secured by the buildings of Nova Dongguan and are guaranteed by the Company’s former CEO. During the years ended December 31, 2016 and 2015, the Company recorded interest expense of $145,645 and $112,465, respectively, for discontinued operations related to the applicable line of credit agreements. This line of credit had been disposed as a result of disposal of subsidiaries (See Note 3 – Discontinued Operations).

Note 11 - Income Taxes Payable

Note 11 - Income Taxes Payable	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Note 11 - Income Taxes Taxes payable consisted of the following at December 31, 2016 and 2015: 2016 2015 Tax receivable $ 14,893 8,494 Income tax payable - current $ - $ - Income tax payable – noncurrent $ 2,136,788 $ 2,160,449 The components of income (loss) before income taxes from continuing operations consisted of the following for the years ended December 31, 2016 and 2015: 2016 2015 Loss subject to domestic income taxes only $ (2,614,069 ) $ (920,468 ) Income subject to foreign income taxes only 1,485,413 4,486,318 Total $ (1,128,656 ) $ 3,565,850 The (benefit) provision for income taxes on income ( loss) from continuing operations 2016 2015 Current: Federal $ (137,833 ) $ 105,879 State 800 17,610 PRC 114,173 90,696 (22,860 ) 214,185 Deferred: Federal (751,351 ) (48,369 ) State (62,409 ) (4,373 ) Total (benefit) provision for income taxes $ (836,620 ) $ 161,443 The following is a reconciliation of the difference between the actual provision for income taxes and the provision computed by applying the federal statutory rate on income (loss) before income taxes from continuing operations 2016 2015 Tax at Federal Statutory rate $ (383,743 ) $ 1,212,389 Foreign Rate Differential (168,882 ) (403,625 ) Change in fair value and extinguishment of warrant liability - 260,813 ASC 740-10 Uncertain Tax Position (23,660 ) 141,502 Tax exemption (336,158 ) (1,121,724 ) Stock Based Compensation 96,963 122,666 Others (21,140 ) (50,578 ) $ (836,620 ) $ 161,443 The following presents the aggregate dollar and per share effects of the Company’s tax exemption: The aggregate dollar effect of tax holiday 2016 2015 Aggregate dollar effect of tax holiday $ 336,158 $ 1,121,724 Deferred tax assets and liabilities are recognized for the expected future tax consequences of differences between the carrying amounts of assets and liabilities and their respective tax bases using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred taxes are comprised of the following: 2016 2015 Non-Current Deferred Tax Assets: Accrued liabilities 87,826 94,468 Fed & CA amortization 49,197 44,330 Stock compensation 116,748 116,332 U.S. NOL 882,939 - Non-Current Deferred Tax Liabilities: Prepaid expenses (217,852 ) (134,701 ) Fed & CA depreciation (44,099 ) (56,872 ) Purchase accounting - (2,557 ) Net Non-Current Deferred Tax Assets (Liabilities) before Valuation Allowance 874,759 61,000 Less: Valuation Allowance - - Non-Current Deferred Tax Assets (Liabilities), Net: 874,759 61,000 Total Deferred Assets, Net: $ 874,759 $ 61,000 Nova LifeStyle, Inc. and Diamond Bar are subject to U.S. federal and state income taxes. Nova Furniture BVI was incorporated in the BVI. There is no income tax for a company domiciled in the BVI. Accordingly, the Company’s consolidated financial statements do not present any income tax provision related to the BVI tax jurisdiction where Nova Furniture BVI is domiciled. On April 24, 2013, the Company acquired all outstanding shares of Bright Swallow. Generally, there is no income tax for a company domiciled in the BVI. For U.S. Federal income tax purpose, the Company has net operating loss, or NOL carryforwards of approximately $2.39 million and $0, at December 31, 2016 and 2015, respectively. For U.S. California income tax purpose, the Company has net operating loss, or NOL carryforwards of approximately $1.71 million and $0, at December 31, 2016 and 2015, respectively. Nova Dongguan, Nova Museum and Ding Nuo are governed by the Enterprise Income Tax Law of the PRC, Nova Museum and Ding Nuo are subject to a 25% corporate income tax, while Nova Dongguan is subject to a 15% corporate income tax rate. As of June 5, 2014, Nova Dongguan was approved by PRC taxing authorities for High-Tech enterprise status, which is taxed at preferential income tax rate of 15% for period from January 1, 2014 to December 31, 2015. On September 19, 2013, Bright Swallow moved the office from Macau to Hong Kong, which is subject to a 16.5% corporate income tax. Nova Museum is subject to a 25% corporate income tax in the first year and allowed to apply for tax-exempt status in the second year following its incorporation. Nova Macao is an income tax-exempt entity incorporated and domiciled in Macao. Undistributed earnings of the Company’s foreign subsidiaries amounted to approximately $31 million as of December 31, 2016. Those earnings are considered to be permanently reinvested and accordingly, no deferred tax expense is recorded for U.S. federal and state income tax or applicable withholding taxes.

Note 12 - Related Party Transac

Note 12 - Related Party Transactions	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	Note 12 - Related Party Transactions On September 30, 2011, Diamond Bar leased a showroom in High Point, North Carolina from the Company’s president. The lease is to be renewed at the beginning of each year. On March 16, 2017, the Company renewed the lease for an additional one year term. The lease was $32,916 for one year and only for use during two furniture exhibitions to be held between April 1, 2017 and March 31, 2018. During the years ended December 31, 2016 and 2015, the Company paid rental amounts of $32,916, and are included in selling expenses from continuing operations.

Note 13 - Deferred Rent Payable

Note 13 - Deferred Rent Payable	12 Months Ended
	Dec. 31, 2016
Disclosure Text Block Supplement [Abstract]
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Noncurrent [Text Block]	Note 13 - Deferred Rent Payable Deferred rent payable represented supplemental payments the Company must pay to the residents who originally lived on the land in Dongguan, Guangdong Province, China, to which the Company acquired land use rights for commercial use. The Company is required to pay an annual management fee of RMB 1,500 ($226) per mu for a total 17.97 mu, or 11,977.42 square meters, from 2016 for 60 years for a total of approximately $315,000 (RMB 2.10 million). The payment will be made annually with a 5% increase every 5 years. The Company records such fees as expenses on a straight-line basis. With respect to the supplemental payments the Company must pay the residents who originally lived on the land in Dongguan, Guangdong Province, China, as described in the first sentence of this Note 9, the Company is required to pay an annual amount at RMB 800 ($121) per mu for a total of 60 mu (or 40,000 square meters) starting from 2003 for 60 years for a total of approximately $768,000 (RMB 5.13 million). The payment increases 10% every 5 years. The Company records such expense on a straight-line basis. During the years ended December 31, 2016 and 2015, the Company recorded expense of $15,337 and $19,474, respectively, from discontinued operations. As of December 31, 2016 and 2015, the Company had $0 and $89,904 of deferred rent payable, respectively.

Note 14 - Stockholders_ Equity

Note 14 - Stockholders’ Equity	12 Months Ended
	Dec. 31, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	Note 14 - Stockholders’ Equity Warrants Following is a summary of the warrant activity for the years ended December 31, 2016 and 2015: Number of Warrants Average Exercise Price Weighted Average Remaining Contractual Term in Years Outstanding at January 1, 2015 1,241,462 7.90 2.99 Exercisable at January 1, 2015 1,241,462 7.90 2.99 Granted 2,000,001 2.71 5.50 Exercised/surrendered (1,062,912 ) 2.1 - Expired (128,550 ) 4.50 - Outstanding at January 1, 2016 2,050,001 2.74 4.82 Exercisable at January 1, 2016 2,050,001 2.74 4.82 Granted - - - Exercised / surrendered (1,141,667 ) 2.71 - Expired (50,000 ) 4.00 - Outstanding at December 31, 2016 858,334 2.71 3.92 Exercisable at December 31, 2016 858,334 2.71 3.92 Shares issued to IR Firm On July 1, 2014, the Company entered into a contract with an investor relations firm. The Company agreed to issue 100,000 shares of the Company’s common stock to the firm for 12 months of investor relation services. The fair value of the 100,000 shares of common stock was $462,000; the fair value was calculated based on the stock price of $4.62 per share on July 1, 2014, and was amortized over the service term. During the years ended December 31, 2016 and 2015, the Company amortized $0 and $231,000 as IR expenses, respectively. Shares and Warrants issued to Consultants On July 1, 2013, the Company entered into a consulting agreement with a consulting firm in China for providing management M&A, business strategy and financing consultation services effective July 15, 2013. The Company agreed to issue 50,000 shares of the Company’s common stock to the firm for 12 months of consulting services starting on July 15, 2013. The Company also agreed to issue three-year warrants for the firm to purchase 50,000 shares of the Company’s common stock with an exercise price of $4 per share. Both the common stock and warrants were issued to the consultant or its designees within seven business days upon execution of the Agreement. The fair value of the 50,000 shares of common stock was $200,000 at July 1, 2013, and that amount was amortized over the service term. The warrants issued to the consulting firm are exercisable for a fixed number of shares, and are classified as equity instruments. The Company accounted for the warrants issued based on the fair value method under ASC Topic 505, and the fair value of the warrants was calculated using the Black-Scholes model under the following assumptions: estimated life of three years, volatility of 353%, risk-free interest rate of 0.66% and dividend yield of 0%. No estimate of forfeitures was made as the Company has a short history of granting options and warrants. Because these equity-classified warrants are vested immediately and are non-forfeitable; based on ASC 505-50, the performance commitment had been reached at the grant date, and accordingly, the measurement date is the grant date. The fair value of the warrants issued to the consulting firm at grant date was $194,989, and that amount was amortized over the service term in 2014. The warrants expired on July 14, 2016. On August 15, 2014, the Company entered into a consulting agreement with a consulting firm for general business advisory, marketing and administration, and business strategy consulting services effective on September 1, 2014. The Company agreed to issue 10,000 shares of common stock to the firm for 12 months of consulting services starting on September 1, 2014. The fair value of the 10,000 shares of common stock was $42,000, which was calculated based on the stock price of $4.20 per share on September 1, 2014, and was amortized over the service term. During the years ended December 31, 2016 and 2015, the Company amortized $0 and $26,250 as consulting expenses, respectively. On December 1, 2014, the Company entered into a consulting agreement with a consulting firm for management consulting services effective on December 1, 2014. The Company agreed to issue 60,000 shares of the Company’s common stock to the firm for three years of consulting services. The shares will be issued according to the following vesting schedule set forth as follows: The initial 10,000 shares were required to be issued within 30 days upon signing of the agreement; for the remaining 50,000 shares, the Company has issued or will issue to the consultant 10,000 shares of common stock on or before each of June 1, 2015, December 1, 2015, June 1, 2016, December 1, 2016 and June 1, 2017. The Company or the consultant may terminate the agreement at any time by 90 days’ written notice to the other party. The fair value of the 60,000 shares was $224,400, which was calculated based on the stock price of $3.74 per share on December 1, 2014 and will be amortized over the service term. During the years ended December 31, 2016 and 2015, the Company amortized $74,800 as consulting expenses in each year. On March 1, 2015, the Company entered into a marketing agreement with a consultant for marketing and product promotion services effective on March 1, 2015. The Company agreed to grant the consultant $100,000 worth of shares of the Company’s common stock for 12 months of consulting services starting on March 1, 2015. The shares vested immediately on March 1, 2015. The share price was calculated as the average closing price per share for ten trading days immediately prior to the execution of the agreement and was amortized over the service term. On March 9, 2015, the Company issued 38,745 shares at an average price of $2.581 per share to the consultant. During the years ended December 31, 2016 and 2015, the Company amortized $16,667 and $83,333 as consulting expenses, respectively. On September 14, 2015, the Company entered into a business marketing advisory agreement with a consultant for marketing and general consulting services effective on August 15, 2015. The Company agreed to pay the consultant a monthly fee of $5,000 and also granted 18,348 shares of the Company’s common stock to the consultant for 12 months of services starting on August 15, 2015. Twenty-five percent (25%) of those shares vested on November 15, 2015, 25% on February 15, 2016, 25% on May 15, 2016 and the remaining 25% vest on August 15, 2016. The fair value of the 18,348 shares was $45,870, which was calculated based on the stock price of $2.50 per share on August 15, 2015 and will be amortized over the service term. During the years ended December 31, 2016 and 2015, the Company amortized $28,669 and $17,201 as consulting expenses, respectively. On February 1, 2016, the Company entered into a marketing agreement with a consultant for marketing development strategies and consulting services for 15 months. The Company agreed to grant the consultant 10,000 shares of the Company’s common stock per month, for a total commitment of 150,000 shares of common stock. The fair value of the 150,000 shares was $204,000, which was calculated based on the stock price of $1.36 per share on February 1, 2016, the date the agreement was executed, and will be amortized over the service term. During the year ended December 31, 2016, the Company amortized $149,600 as consulting expenses. On February 1, 2016, the Company entered into an agreement with a consultant for E-Commerce consulting service with a term of 24 months. The Company agreed to grant the consultant 10,000 shares of the Company’s common stock per month, for a total commitment of 240,000 shares. Twelve and half percent (12.5%) of those shares vested or will vest on April 30, 2016, 12.5% on July 30, 2016, 12.5% on October 31, 2016, 12.5% on January 31, 2017, 12.5% on April 30, 2017, 12.5% on July 30, 2017, 12.5% on October 31, 2017, and the remaining 12.5% on January 31, 2018. The fair value of the 240,000 shares was $326,400, which was calculated based on the stock price of $1.36 per share on February 1, 2016, the date the agreement was executed, and will be amortized over the service term. During the year ended December 31, 2016, the Company amortized $149,600 as consulting expenses. On February 1, 2016, the Company entered into a consulting agreement with a consultant for planning, coordinating and strategy implementation services for a term of 6 months. The Company agreed to grant the consultant $10,000 worth of shares of the Company’s common stock per month. During the years ended December 31, 2016, 83,386 shares vested, based on the stock prices as of the end of each month commencing February 2016 and concluding September 2016. During the year ended December 31, 2016, the Company amortized $60,000 as consulting expense. On November 15, 2016, the Company entered into a consulting and strategy service agreement with a consultant for marketing and general consulting services effective on November 14, 2016. The Company agreed to grant 100,000 shares of the Company’s common stock to the consultant for 12 months of services starting on November 14, 2016. Twenty-five percent (25%) of those shares vested on December 15, 2016, 25% on February 15, 2017, 25% on May 15, 2017 and the remaining 25% vest on August 15, 2017. The fair value of the 100,000 shares was $294,000, which was calculated based on the stock price of $2.94 per share on November 15, 2016 and will be amortized over the service term. During the years ended December 31, 2016, the Company amortized $37,858 as consulting expenses. On November 15, 2016, the Company entered into a consulting agreement with a consultant for business development and financial advisory service for a term of 12 months. The Company agreed to grant the consultant 100,000 shares of the Company’s common stock. The fair value of the 100,000 shares was $294,000, which was calculated based on the stock price of $2.94 per share on November 15, 2016 and will amortized over the service term. During the year ended December 31, 2016, the Company amortized $36,750 as consulting expense. On November 15, 2016, the Company entered into a consulting agreement with a consultant for business advisory service for a term of 12 months. The Company agreed to compensate the consultant a one-time amount of $20,000 worth of shares of the Company’s common stock based on the price per share on November 15, 2016. The Company also granted the consultant $15,000 worth of shares of the Company’s common stock per month starting from December 1, 2016 for 12 months. During the year ended December 31, 2016, the Company amortized $17,500 as consulting expense. Shares and Warrants issued through Private Placement Private Placement on April 14, 2014 On April 14, 2014, the Company entered into a Securities Purchase Agreement with certain purchasers (the “Buyers”) pursuant to which the Company sold to the Buyers, in a registered direct offering, an aggregate of 1,320,059 shares of common stock, par value $0.001 per share, at a negotiated purchase price of $6.78 per share, for aggregate gross proceeds to the Company of $8.95 million, . As part of the transaction, the Buyers also received (i) Series A warrants to purchase up to 660,030 shares of common stock in the aggregate at an exercise price of $8.48 per share (the “Series A Warrants”); (ii) Series B warrants to purchase up to 633,628 shares of common stock in the aggregate at an exercise price of $6.82 per share (the “Series B Warrants”); and (iii) Series C warrants to purchase up to 310,478 shares of common stock in the aggregate at an exercise price of $8.53 per share (the “Series C Warrants” and together with the Series A Warrants and the Series B Warrants, the “Warrants”). According to FASB ASC 815-40-15, these Warrants will be classified as a liability on the balance sheet, initially recorded at fair value with changes in fair value recorded in earnings at each reporting period as they had a settlement provision for adjusting the strike price if new equity is issued at a later date at a price below the strike price. The Series A Warrants had a term of four years and are exercisable by the holders at any time after the date of issuance. The Series B Warrants had a term of six months and are exercisable by the holders at any time after the date of issuance. All of the Series B Warrants expired on October 14, 2014 and none of the Series B warrants have been exercised. The Series C Warrants have a term of four years and are exercisable by the holders at any time after the date of issuance. After the six month anniversary of the issuance date of the Series C Warrants, to the extent that a holder of Series C Warrant exercised less than 70% of such holder’s Series B Warrants and the closing sale price of the common stock was equal to or greater than $9.81 for a period of ten consecutive trading days, and the Company could purchase the entire then-remaining portion of such holder’s Series C Warrants for $1,000. On October 14, 2014, the Company’s closing sale price of the common stock was not equal to or greater than $9.81 for a period of ten consecutive trading days, accordingly, the Company cannot purchase the entire then-remaining portion of such holder’s Series C Warrants for $1,000. In addition, at the closing, the Company granted the placement agent or its designees warrants to purchase that number of shares of common stock of the Company equal to seven percent (7%) of the aggregate number of shares placed in the placement (the “Placement Agent Warrants”). The Placement Agent Warrants had the same terms, including exercise price, anti-dilution and registration rights, as the warrants issued to the investors in the placement. At the closing, the placement agent and its designees received Placement Agent Warrants to purchase up to 92,404 shares of common stock. The Company recorded $0 and $767,096 as expense from change in fair value and extinguishment of the warrant liability for the years ended December 31, 2015 and 2016, respectively. In connection with a Securities Purchase Agreement entered into on May 28, 2015, the Company issued 660,030 shares of common stock to the holders of the Company’s Series A Warrants in exchange for the termination and surrender of such warrants, 310,478 shares of the Company’s common stock was issued to the holders of the Company’s Series C Warrants in exchange for the surrender and termination of such warrants, and 92,404 shares of the Company’s common stock were issued to the placement agent of the Company’s Placement Agent Warrants in exchange for the surrender and termination of such warrants. As of December 31, 2016, there were no warrants from the April 14, 2014 private placement outstanding. Private Placement on May 28, 2015 On May 28, 2015, the Company entered into a Securities Purchase Agreement with certain purchasers (the “Purchasers”) pursuant to which the Company offered to the Purchasers, in a registered direct offering, an aggregate of 2,970,509 shares of common stock, par value $0.001 per share. Of these, 2,000,001 shares were sold to the Purchasers at a negotiated purchase price of $2.00 per share, for aggregate gross proceeds to the Company of $4,000,002, before deducting fees to the placement agent and other estimated offering expenses payable by the Company. In accordance with the terms of the Purchase Agreement entered on April 14, 2014, the outstanding 2014 Series A Warrants were exchanged for 660,030 shares of common stock, and the outstanding 2014 Series C Warrants were exchanged for 310,478 shares of common stock. In a concurrent private placement, the Company also sold to the Purchasers a warrant to purchase one share of the Company’s common stock for each share purchased for cash in the offering, pursuant to that certain common stock Purchase Warrant, by and between the Company and each Purchaser (the “2015 Warrants”). The 2015 Warrants became exercisable beginning on the six month anniversary of the date of issuance (the “Initial Exercise Date”) at an exercise price of $2.71 per share and will expire on the five year anniversary of the Initial Exercise Date. The purchase price of one share of the Company’s common stock under the 2015 Warrants is equal to the exercise price. The warrants issued in the private placement described above are exercisable for a fixed number of shares, and are classified as equity instruments under ASC 815-40-25-10. The Company accounted for the warrants issued in the 2015 private placement based on the fair value method under ASC Topic 505, and the fair value of the warrants was calculated using the Black-Scholes model under the following assumptions: estimated life of 5 years, volatility of 107%, risk-free interest rate of 1.55% and dividend yield of 0%. No estimate of forfeitures was made as the Company has a short history of granting options and warrants. The fair value of the warrants issued to investors at grant date was $3,147,530. Shares Issued to Independent Directors In July 2014, the Company entered into restricted stock award agreements under the 2014 Omnibus Long-Term Incentive Plan with four independent directors of the Board. The Company agreed to grant 5,000 shares of the Company’s common stock to one independent director and 4,000 shares to each of its other three independent directors, in each case with a grant date of July 9, 2014. The restricted period lapsed as to 25% of the restricted stock on each of the three-month, six-month, nine-month and twelve-month anniversaries of the grant date. The fair value of these shares was $75,990, which was calculated based on the stock price of $4.47 per share on July 9, 2014. During the years ended December 31, 2016 and 2015, the Company amortized $0 and $33,566 as directors’ stock compensation expenses, respectively. In March 2015, the Company entered into restricted stock award agreements under the 2014 Omnibus Long-Term Incentive Plan with three independent directors of the Board. The Company agreed to grant 12,195 shares of the Company’s common stock to each of these independent directors with a grant date of March 24, 2015. The restricted period lapses as to 25% of the restricted stock on September 30, 2015, December 31, 2015, March 31, 2016 and September 30, 2016, subject to the director remaining in the continuous service of the Company or its affiliates on each applicable vesting date. The fair value of these shares was $119,999, which was calculated based on the stock price of $3.28 per share on March 24, 2015. During the years ended December 31, 2016 and 2015, the Company amortized $26,959 and $93,040 as directors’ stock compensation expenses, respectively. In May 2015, the Company entered into a restricted stock award agreement under the 2014 Omnibus Long-Term Incentive Plan with a new independent director. The Company agreed to grant 12,195 shares of the Company’s common stock to the new independent director with a grant date of May 19, 2015. The restricted period lapses as to 25% of the restricted stock on September 30, 2015, December 31, 2015, March 31, 2016 and September 30, 2016, subject to the director remaining in the continuous service of the Company or its affiliates on each applicable vesting date. The fair value of these shares was $38,292, which was calculated based on the stock price of $3.14 per share on May 19, 2015. During the years ended December 31, 2016 and 2015, the Company amortized $14,477 and $23,815 as directors’ stock compensation expenses, respectively. On August 9, 2016, the Board approved a restricted stock award agreement under the 2014 Omnibus Long-Term Incentive Plan with four independent directors. The Company agreed to grant $40,000 worth of stocks to each of its four independent directors. The restricted period lapses as of 25% of the restricted stock granted and vested on September 30, 2016 based on the closing price of common stock on Nasdaq as of August 9, 2016, 25% of the restricted stock granted and vested on December 31, 2016 based on the closing price of common stock on Nasdaq as of September 30, 2016, 25% of the restricted stock granted and vested on March 31, 2017 based on the closing price of common stock on Nasdaq as of December 31, 2016, and 25% of the restricted stock granted and vested on June 30, 2016 based on the closing price of common stock on Nasdaq as of March 31, 2017. During the year ended December 31, 2016, the Company amortized $63,562 as directors’ stock compensation expenses. Shares Issued to Employees and Service Providers On May 18, 2016, the Company entered into agreements with three designers for product design services for a term of 24 months. The Company agreed to grant each designer 240,000 shares of the Company’s common stock. Twenty five percent (25%) of those shares vested or will vest on May 31, 2016, 25% on December 18, 2016, 25% on June 18, 2017 and the remaining 25% on December 18, 2017. The fair value of these shares was $388,800, which was calculated based on the stock price of $0.54 per share on May 18, 2016, the date the agreement was executed, and will be amortized over the service term. During the year ended December 31, 2016, the Company amortized $121,433 as stock compensation expenses, respectively. On May 20, 2016, the Company entered into restricted stock award agreements under the 2014 Omnibus Long-Term Incentive Plan with the Company’s non-director employees for their hard work and dedication over the past years. The Company’s agreed to grant an aggregate 600,000 shares of the Company’s common stock to the Company’s employees on May 20, 2016. The shares were fully vested as of the grant date. The fair value of these shares was $366,000, which was calculated based on the stock price of $0.61 per share on May 20, 2016. During the year ended December 31, 2016, the Company recorded $366,000 as stock compensation expenses, respectively. On November 14, 2016, the Company entered into an employment agreement with an executive for one year. The Company agreed to grant an award of 30,000 restricted Stock Units to Executive pursuant to the Company’s 2014 Omnibus Long-Term Incentive Plan. The fair value of these shares was $92,100, which was calculated based on the stock price of $3.07 per share on November 11, 2016, the date the awards were determined by the Compensation Committee of the Board. Twenty-five percent (25%) of those shares vested on December 30, 2016, 25% on March 31, 2017, 25% on June 30, 2017 and the remaining 25% vest on September 30, 2017. During the year ended December 31, 2016, the Company amortized $12,112 as stock compensation. On November 15, 2016, the Company entered into an agreement with a designer for furniture design services effective on November 15, 2016 for 1 year. The Company agreed to grant the designer 100,000 shares of the Company’s common stock. The fair value of the 100,000 shares was $294,000, which was calculated based on the stock price of $2.94 per share on November 15, 2016 and will be amortized over the service term. Twenty-five percent (25%) of those shares vested on February 15, 2017, 25% on May 15, 2017, 25% on August 15, 2017 and the remaining 25% vest on November 15, 2017. During the year ended December 31, 2016, the Company amortized $36,750 as stock compensation.

Note 15 - Statutory Reserves

Note 15 - Statutory Reserves	12 Months Ended
	Dec. 31, 2016
Statutory Reserves [Abstract]
Statutory Reserves [Text Block]	Note 15 - Statutory Reserves As a U.S. holding company, the Company’s ability to pay dividends is primarily dependent on the Company receiving distributions of funds from its subsidiaries. Relevant PRC statutory laws and regulations permit payments of dividends by the Company’s PRC subsidiary, Nova Macao, only out of the subsidiary’s retained earnings, if any, as determined in accordance with PRC accounting standards and regulations. The results of operations reflected in the financial statements prepared in accordance with U.S. GAAP differ from those reflected in the statutory financial statements of Nova Macao. Pursuant to the corporate laws of the PRC and Macao, including the PRC Regulations on Enterprises with Foreign Investment, Nova Macao is required to maintain a statutory reserve by appropriating from after-tax profit before declaration or payment of dividends. The statutory reserve represents restricted retained earnings. As a result of the PRC laws and regulations described below that require such annual appropriations of 10% of after-tax income to be set aside prior to payment of dividends as a general statutory reserve fund, Nova Macao is restricted in its ability to transfer a portion of its net assets to the Company as a dividend. Surplus Reserve Fund Prior to the Company’s divestment of Nova Dongguan and Ding Nuo were required to transfer 10% of net income, as determined under PRC accounting rules and regulations, to a statutory surplus reserve fund until such reserve balance reaches 50% of the subsidiary’s registered capital. The surplus reserve fund is non-distributable other than during liquidation and can be used to fund previous years’ losses, if any, and may be utilized for business expansion or converted into share capital by issuing new shares to existing shareholders in proportion to their shareholdings or by increasing the par value of the shares currently held by them, provided that the remaining reserve balance after such issuance is not less than 25% of the registered capital. At December 31, 2016 and 2015, Nova Macao had surplus reserves of $6,241, representing 50% of its registered capital. Common Welfare Fund The common welfare fund is a voluntary fund to which Nova Macao can elect to transfer 5% to 10% of its net income. This fund can only be utilized on capital items for the collective benefit of the subsidiary’s employees, such as construction of dormitories, cafeteria facilities, and other staff welfare facilities. This fund is non-distributable other than upon liquidation. Nova Macao does not participate in this voluntary fund.

Note 16 - Geographical Sales

Note 16 - Geographical Sales	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	Note 16 - Geographical Sales Geographical distribution of sales consisted of the following for the years ended December 31, 2016 and 2015: Geographical Areas 2016 2015 North America $ 58,203,291 $ 75,447,905 Europe 12,488,328 10,579,444 China* 10,002,059 - Australia 4,871,892 535,145 Asia** 4,349,661 2,676,669 Hong Kong 2,499,418 384,832 Other countries 233,546 319,420 $ 92,648,195 $ 89,943,415 * excluding Hong Kong ** excluding China and Hong Kong

Note 17 - Commitments and Conti

Note 17 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	Note 17 - Commitments and Contingencies Lease Commitments On June 17, 2013, the Company entered into a lease agreement for office, warehouse, storage, and distribution space with a five year term, commencing on November 1, 2013 and expiring on October 31, 2018. The lease agreement also provides an option to extend the term for an additional six years. The monthly rental payment is $42,000 with an annual 3% increase. The rent is recorded on a straight-line basis over the term of the lease. On January 7, 2014, the Company entered into a sublease agreement with Diamond Bar for warehouse space with a five year term commencing on November 1, 2013 and expiring on October 31, 2018. The Company subleased a portion of its warehouse space to one of its customers with a one-year term commencing on December 1, 2013 and expiring on November 30, 2014. The Company renewed the contract for another one-year term on November 30, 2014. On October 1, 2015, the Company extended the contract for a one-year term with expiration on October 31, 2016. On November 1, 2016, the Company extended the contract for one-year term with expiration on October 31, 2017. The sublease income was recorded against the rental expense. During the years ended December 31, 2016 and 2015, the Company recorded $73,902 and $75,301 sublease income, respectively. On September 19, 2013, Bright Swallow entered into a lease agreement for office space in Hong Kong with a two year term, commencing on October 1, 2013 and expiring on September 30, 2015. On September 15, 2015, Bright Swallow renewed the lease for another two year term, commencing on October 1, 2015 and expiring on September 30, 2017. The monthly rental payment is 20,000 Hong Kong Dollars ($2,578). The Company has entered into several lease agreements for office and warehouse space in Commerce, California and showroom space in Las Vegas, Nevada and High Point, North Carolina on monthly or annual terms. Total rental expense from continuing operations for the years ended December 31, 2016 and 2015 was $675,717 and $670,347, respectively. The rental expense is recorded on a straight-line basis over the term of the lease. The total minimum future lease payments are as follows: 12 Months Ended December 31, Amount 2017 $ 576,713 2018 472,714 2019 - 2020 - 2021 - Thereafter - Total $ 1,049,427 Employment Agreements On May 3, 2013, the Company entered into an amended and restated employment agreement with Thanh H. Lam to serve as the Company’s president for a five-year term. The agreement provides for an annual salary of $80,000, a grant of 200,000 shares of the Company’s common stock and an annual bonus at the sole discretion of the Board. The 200,000 shares to be issued to Ms. Lam are subject to the terms of a stock award agreement. The first 50,000 shares of common stock were vested immediately, and the remaining shares vest at 50,000 shares per year for three years on each anniversary of the effective date of the stock award agreement. The fair value of the shares was based on the stock price of $3.82 per share on May 3, 2013. During the years ended December 31, 2016 and 2015, the Company recorded $64,626 and $191,000, as stock-based compensation to Ms. Lam, respectively. On November 10, 2014, the Company’s Board of Directors ratified the 2015 annual compensation of the Company’s Chief Executive Officer, Chief Financial Officer and President as approved by the Company’s Compensation Committee, and, upon the recommendation of the Company’s Compensation Committee, approved the grant of Restricted Stock Units to the Company’s CEO, CFO and President. The cash compensation for such officers remained the same as in 2014 ($100,000 for CEO, $80,000 for CFO and $80,000 for the President). In addition, each of them received a grant of 46,403 Restricted Stock Units (“RSU”). The fair value of the 46,403 shares of RSU was $200,000, which was calculated based on the stock price of $4.31 per share on October 27, 2014, the date the awards were determined by the Compensation Committee. The RSU grants vested 25% on March 30, 2015, 25% on June 30, 2015, 25% on September 30, 2015 and 25% on December 31, 2015. During the nine months ended September 30, 2016 and 2015, the Company recorded $0 and $450,000, respectively, as stock-based compensation to the officers. During years ended December 31, 2016 and 2015, the Company recorded $0 and $600,000 as stock-based compensation to the officers, respectively. On March 21, 2016, the Company granted Restricted Stock Units to the Company’s CEO, CFO and President. Each of them will receive a grant of 100,000 Restricted Stock Units (“RSU”). The fair value of the 300,000 shares of RSU was $360,000, which was calculated based on the stock price of $1.20 per share on March 21, 2016. The RSU grants vested 25% on March 30, 2016 and 25% on September 30, 2016; the remaining RSU grants will vest according to the following schedule: 25% on September 30, 2016 and 25% on December 31, 2016. During the years ended December 31, 2016, the Company recorded $360,000 as stock-based compensation to the officers. On March 25, 2016, the Company entered into one-year employment agreements, effective as of November 11, 2015, with Mr. Ya Ming (Jeffrey) Wong and Mr. Yuen Ching (Sammy) Ho to serve as the Company’s CEO and CFO, respectively. These agreements are in substantially the same form as the previous one-year employment agreements entered into on March 25, 2015 (which expired by their terms), and provide for annual salaries of $100,000 for Mr. Wong and $80,000 for Mr. Ho, and annual bonuses at the sole discretion of the Board of Directors. The employment agreements also reflect the RSU grants described in the immediately preceding paragraph. On October 3, 2016, Mr. Wong resigned his position as CEO, terminated his employment agreement, and forfeited 25,000 RSUs granted to him under such agreement.

Note 18 - Subsequent Events

Note 18 - Subsequent Events	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Note 18 - Subsequent Events The Company has evaluated all events through the issuance of the consolidated financial statements and no subsequent event is identified.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The consolidated financial statements include the financial statements of the Company and its subsidiaries. All significant inter-company transactions and balances have been eliminated in consolidation.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates In preparing consolidated financial statements in conformity with U.S. GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the dates of the consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Significant estimates and assumptions made by management include, but are not limited to, the allowance for bad debt, valuation of inventories, unrecognized tax benefits, valuation allowance for deferred tax assets, assumptions used in assessing impairment of long-lived assets and goodwill and fair value of warrant derivative liability. Actual results could differ from those estimates.
Business Combinations Policy [Policy Text Block]	Business Combination For a business combination, the assets acquired, the liabilities assumed and any noncontrolling interest in the acquiree are recognized at the acquisition date, measured at their fair values as of that date. In a business combination achieved in stages, the identifiable assets and liabilities, as well as the noncontrolling interest in the acquiree, are recognized at the full amounts of their fair values. In a bargain purchase in which the total acquisition-date fair value of the identifiable net assets acquired exceeds the fair value of the consideration transferred plus any noncontrolling interest in the acquiree that excess in earnings is recognized as a gain attributable to the acquirer. Deferred tax liability and asset are recognized for the deferred tax consequences of differences between the tax bases and the recognized values of assets acquired and liabilities assumed in a business combination in accordance with Accounting Standards Codification (“ASC”) Topic 740-10.
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	Goodwill Goodwill is the excess of purchase price and related costs over the value assigned to the net tangible and identifiable intangible assets of businesses acquired. In accordance with ASC Topic 350, “Intangibles-Goodwill and Other,” goodwill is not amortized but is tested for impairment, annually or more frequently when circumstances indicate a possible impairment may exist. Impairment testing is performed at a reporting unit level. An impairment loss generally would be recognized when the carrying amount of the reporting unit exceeds its fair value, with the fair value of the reporting unit determined using discounted cash flow (“DCF”) analysis. A number of significant assumptions and estimates are involved in the application of the DCF analysis to forecast operating cash flows, including the discount rate, the internal rate of return and projections of realizations and costs to produce. Management considers historical experience and all available information at the time the fair values of its reporting units are estimated. ASC Topic 350 also permits an entity to first assess qualitative factors to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount, including goodwill. If it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then the two-step goodwill impairment test is required to be performed. Otherwise, no further testing is required. Performing the qualitative assessment involved identifying the relevant drivers of fair value, evaluating the significance of all identified relevant events and circumstances, and weighing the factors to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount. After evaluating and weighing all these relevant events and circumstances, it was concluded that a positive assertion can be made from the qualitative assessment that it is more likely than not that the fair value of Diamond Bar is greater than its carrying amount. As such, it is not necessary to perform the two-step goodwill impairment test for Diamond Bar reporting unit. Accordingly, as of December 31, 2016 and 2015, the Company concluded there was no impairment of goodwill of Diamond Bar. On April 24, 2013, Nova LifeStyle completed the acquisition of Bright Swallow. Under the acquisition method of accounting, the total purchase is allocated to tangible assets and intangible assets acquired and liabilities assumed based on their fair values with the excess charged to goodwill. Nova LifeStyle recognized $808,518 of goodwill from the acquisition. In June 2014, the Company performed an interim goodwill impairment assessment for Bright Swallow using a two-step impairment test based on Bright Swallow’s actual performance for the first six-months of 2014 and updated revenue and expense projections. Based on this analysis, the Company concluded that all of the goodwill pertaining to Bright Swallow was impaired in June 2014. The goodwill impairment charge was non-cash. The goodwill impairment charge was not deductible for income tax purposes and, therefore, the Company did not record a corresponding tax benefit in 2014.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents.
Receivables, Trade and Other Accounts Receivable, Allowance for Doubtful Accounts, Policy [Policy Text Block]	Accounts Receivable The Company’s policy is to maintain an allowance for potential credit losses on accounts receivable. Management reviews the composition of accounts receivable and analyzes historical bad debts, customer concentrations, customer credit worthiness, current economic trends and changes in customer payment patterns to evaluate the adequacy of these reserves. Based on historical collection activity, the Company recorded $3,019,931 and $484,936 as allowance for bad debt as of December 31, 2016 and 2015, respectively. During the years ended December 31, 2016 and 2015, bad debts from continuing operations were $2,603,745
Inventory, Policy [Policy Text Block]	Inventories Inventories are stated at the lower of cost or market value with cost determined on a weighted-average basis. Management compares the cost of inventories with the net realizable value and an allowance is made for writing down their inventories to market value, if lower. The Company did not record any write-downs of inventory at December 31, 2016 and 2015.
Property, Plant and Equipment, Policy [Policy Text Block]	Plant, Property and Equipment and Construction in Progress Plant, property and equipment are stated at cost, net of accumulated depreciation and impairment losses, if any. Expenditures for maintenance and repairs are expensed as incurred; while additions, renewals and improvements are capitalized. When property and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation is removed from the respective accounts, and any gain or loss is included in operations. Depreciation of property and equipment is provided using the straight-line method for substantially all assets with 10% salvage value and estimated lives as follows: Building and workshops 20 years Computer and office equipment 5 years Decoration and renovation 10 years Machinery 10 years Autos 5 years Depreciation of plant, property and equipment attributable to manufacturing activities is capitalized as part of inventories, and expensed to cost of goods sold when inventories are sold. Construction in progress represents capital expenditure in respect of direct costs of construction or acquisition and design fees incurred. Capitalization of these costs ceases and the construction in progress is transferred to the appropriate category of property, plant and equipment when substantially all the activities necessary to prepare the assets for their intended use are completed. Construction in progress is not depreciated until such time as the asset is completed and is ready for its intended use.
Impairment or Disposal of Long-Lived Assets, Including Intangible Assets, Policy [Policy Text Block]	Impairment of Long-Lived Assets Long-lived assets, which include property, plant and equipment and intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Recoverability of long-lived assets to be held and used is measured by comparing the carrying amount of an asset to the estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows, an impairment charge is recognized by the amount by which the carrying amount of the asset exceeds the fair value of the assets. Fair value is generally determined using the asset’s expected future discounted cash flows or market value, if readily determinable. Based on its review, the Company believes that, as of Dece mber 31, 2016 and 2015, there was no significant impairment of its long-lived assets.
Research and Development Expense, Policy [Policy Text Block]	Research and Development Research and development costs are related primarily to the Company designing and testing its new products during the development stage. Research and development costs are recognized in general and administrative expenses and expensed as incurred. Research and development expense from continuing operations was $95,877 and $139,869 for the years ended December 31, 2016 and 2015, respectively Research and development expense from the Company’s discontinued operations was $628,627 and $932,616 for the years ended December 31, 2016 and 2015, respectively.
Income Tax, Policy [Policy Text Block]	Income Taxes Income taxes are accounted for using an asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates, applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. The Company follows ASC Topic 740, which prescribes a more-likely-than-not threshold for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740 also provides guidance on recognition of income tax assets and liabilities, classification of current and deferred income tax assets and liabilities, accounting for interest and penalties associated with tax positions, accounting for income taxes in interim periods, and income tax disclosures. Under the provisions of ASC Topic 740, when tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. China’s Corporate Income Tax Law (“CIT Law”), together with its Implementation Regulations, effective as of January 1, 2008, introduced a set of anti-avoidance measures under its special tax adjustments regulations. In January 2009, the State Administration of Taxation issued Circular of the State Administration of Taxation on the Issuance of the Implementation Measure of Special Tax Adjustments (“Circular 2”). The regulation is applied retrospectively for tax years beginning after January 1, 2008. Article 3 of Circular 2 states that in respect of transfer pricing administration, relevant tax authorities shall examine business transactions between enterprises and their related parties (“related-party transactions”) and evaluate whether they are conducted on an arm’s-length basis, in addition to conducting investigations and making adjustments, as required under the CIT Law and Article 36 of the PRC Tax Administration and Collection Law (“Tax Collection Law”). The significant uncertain tax position arose from the transfer pricing between Nova Dongguan and Nova Macao, wherein the Company determined that the gross profit generated by Nova Dongguan from sales to Nova Macao was materially different from profits generated from sales to third parties. The statute of limitations for transfer pricing issues is 10 years from the tax year in which the transfer pricing issue arises pursuant to PRC tax law. A reconciliation of the January 1, 2015, through December 31, 2016, amount of unrecognized tax benefits excluding interest and penalties (“Gross UTB”) is as follows: Gross UTB 2016 2015 Beginning Balance $ 1,805,014 $ 1,791,388 (Decrease) increase in unrecorded tax benefits taken in the years ended December 31, 2016 and 2015, related to the Company’s continuing operations (162,633 ) 13,626 Ending Balance $ 1,642,381 $ 1,805,014 During the years ended December 31, 2016 and 2015, the Company recorded income tax (benefit) expense from its continuing operations of approximately ($836,620) and $161,443, respectively. As of December 31, 2016 and 2015, the Company has recorded $1,642,000 and $1,805,000 of unrecognized tax benefit related to its continuing operations. At December 31, 2016 and 2015, the Company had cumulatively accrued approximately $494,000 and $355,000 for estimated interest and penalties related to unrecognized tax benefits related to the Company’s continuing operations. The Company recorded interest and penalties related to unrecognized tax benefits as a component of income tax expense, which totaled approximately $139,000 and $128,000 related to the Company’s continuing operations, respectively. The Company does not anticipate any significant changes to its unrecognized tax benefits within the next 12 months. For the years ended December 31, 2016 and 2015, the Company did not record unrecognized tax benefits related to transfer pricing adjustments between Nova Dongguan and Nova Macau since the intercompany sales between the two entities appears to comply with reasonable arm’s length principles. Nova Dongguan and Ding Nuo were subject to taxation in the PRC. Nova Dongguan’s PRC income tax returns are generally not subject to examination by the tax authorities for tax years before 2010. With a few exceptions, the tax years 2010-2015 remain open to examination by tax authorities in the PRC. Unrecognized tax benefit related to transfer pricing adjustment between Dongguan and Macau is generally not subject to examination by the PRC tax authorities for tax years before 2005. The tax years 2013-2016 for US entities remain open to examination by tax authorities in the US.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition The Company’s revenue recognition policies are in compliance with ASC Topic 605, “Revenue Recognition.” Sales revenue is recognized when a formal arrangement exists, the price is fixed or determinable, the delivery is completed and no other significant obligations of the Company exist and collectability is reasonably assured. No revenue is recognized if there are significant uncertainties regarding the recovery of the consideration due, or the possible return of the goods. Payments received before all of the relevant criteria for revenue recognition are recorded as unearned revenue. Sales revenue represents the invoiced value of goods, net of value-added taxes (“VAT”). All of the Company’s products sold in China are subject to the PRC VAT of 17% of the gross sales price. This VAT may be offset by VAT paid by the Company on raw materials and other materials purchased in China and included in the cost of producing the finished product. The Company records VAT payable and VAT receivable net of payments in the consolidated financial statements. The VAT tax return is filed offsetting the payables against the receivables. Sales and purchases are recorded net of VAT collected and paid as the Company acts as an agent for the government. The Company’s sales policy allows for the return of product within the warranty period if the product is defective and the defects are the Company’s fault. As alternatives for the product return option, the customers have options of asking a discount from the Company for the products with quality issues or receiving replacement parts from the Company at no cost. The amount for return of products, the discount provided to the Company’s customers and the cost for replacement parts were immaterial for years ended December 31, 2016 and 2015.
Revenue Recognition, Services, Franchise Fees [Policy Text Block]	Franchise Arrangements In 2010, the Company’s former subsidiaries in China began entering into area product franchise agreements with franchisees who operate specialty furniture stores carrying only Nova-branded products. The product franchise agreement provides for the franchisee to retail Nova-brand furniture products for a period of one year from the date of the agreement. The franchisee is required to pay a deposit of RMB 30,000 at the signing of the agreement, which is used as payment for future purchases and is deferred on the Company’s balance sheet as a customer deposit. The franchisee is required to guarantee a minimum purchase amount from the Company during the contract period. The Company had the right to terminate the agreement should the franchisee fail to meet the minimum purchase amount. The Company previously provides the franchisee with store images and designs, signage, floor plan product information and training. In addition, the Company would rebate a per square meter subsidy to the franchisee for the store build-out within 12 months from the agreement date. Under the program, the Company established standard renovation amounts (the “Renovation Subsidy”) for various cities in China. The franchisee was able to obtain, in the form of credits against purchase orders, percentages of the Renovation Subsidy applicable in the city in which the franchisee is located, as follows: 0% to 30% of the Renovation Subsidy applied to the first purchase order and 5% of each purchase order thereafter until the aggregate of all credits equals 100% of the Renovation Subsidy, or 12 months from the date of the franchise agreement, whichever occurs first. In accordance with ASC 605-50, as the Company does not receive an identifiable benefit from these rebates, the rebates are recorded as a reduction of revenue on sales to the franchisees. All of the franchise agreements relating to the Company’s operations were divested in connection with its discontinued operations (see Note 3 – Discontinued Operations).
Cost of Sales, Policy [Policy Text Block]	Cost of Sales Cost of sales consists primarily of finished goods purchased from other manufacturers, material costs, labor costs and related overhead that are directly attributable to the production of the products. Write-down of inventory to the lower of cost or market value is also recorded in the cost of sales.
Shipping and Handling Cost, Policy [Policy Text Block]	Shipping and Handling Costs Shipping and handling costs related to delivery of finished goods are included in selling expenses. During the twelve months ended December 31, 2016 and 2015, shipping and handling costs from continuing operations were $724 and $5,705, respectively. During the twelve months ended December 31, 2016 and 2015, shipping and handling costs from discontinued operations were $417,563 and $578,553, respectively.
Advertising Costs, Policy [Policy Text Block]	Advertising Advertising expenses consist primarily of costs of promotion and marketing for the Company’s image and products, and costs of direct advertising, and are included in selling expenses. The Company expenses all advertising costs as incurred. Advertising expense from continuing operations was $2,580,728 and $2,313,367 for the years ended December 31, 2016 and 2015, respectively. Advertising expense from discontinued operations was $62,218 and $209,129 for the years ended December 31, 2016 and 2015, respectively.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Share-based compensation The Company accounts for share-based compensation awards to employees in accordance with FASB ASC Topic 718, “Compensation – Stock Compensation”, which requires that share-based payment transactions with employees be measured based on the grant-date fair value of the equity instrument issued and recognized as compensation expense over the requisite service period. The Company accounts for share-based compensation awards to non-employees in accordance with FASB ASC Topic 718 and FASB ASC Subtopic 505-50, “Equity-Based Payments to Non-employees”. Share-based compensation associated with the issuance of equity instruments to non-employees is measured at the fair value of the equity instrument issued or committed to be issued, as this is more reliable than the fair value of the services received. The fair value is measured at the date that the commitment for performance by the counterparty has been reached or the counterparty’s performance is complete.
Earnings Per Share, Policy [Policy Text Block]	Earnings per Share (EPS) Basic EPS is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS is computed similar to basic net income per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if all the potential common shares pertaining to warrants, stock options, and similar instruments had been issued and if the additional common shares were dilutive. Diluted earnings per share are based on the assumption that all dilutive convertible shares and stock options and warrants were converted or exercised. Dilution is computed by applying the treasury stock method for the outstanding unvested restricted stock, options and warrants, and the if-converted method for the outstanding convertible instruments. Under the treasury stock method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later) and as if funds obtained thereby were used to purchase common stock at the average market price during the period. Under the if-converted method, outstanding convertible instruments are assumed to be converted into common stock at the beginning of the period (or at the time of issuance, if later). The following table presents a reconciliation of basic and diluted (loss) earnings per share for the years ended December 31, 2016 and 2015: Years Ended December 31, 2016 2015 (Loss) Income from continuing operations $ (292,036 ) $ 3,404,407 Loss from discontinued operations (826,217 ) (1,204,165 ) Net (loss) income (1,118,253 ) 2,200,242 Weighted average shares outstanding – basic and diluted* 25,432,037 22,825,652 Income (loss) from continuing operations per share – basic and diluted $ (0.01 ) $ 0.15 Loss from discontinued operations per share – basic and diluted (0.03 ) (0.05 ) Net income (loss) per share – basic and diluted $ (0.04 ) $ 0.10 * Including 616,451 and 158,188 vested shares granted that were not yet issued for the years ended December 31, 2016 and 2015, respectively. At December 31, 2016 and 2015, warrants to purchase 858,334 and 2,050,001 shares of common stock were outstanding and exercisable, respectively. For the years ended December 31, 2016 and 2015, 858,334 and 2,050,001 shares purchasable under warrants were excluded from EPS, respectively, as their effects were anti-dilutive. For all the periods presented, the unvested restricted stock were anti-dilutive.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of Credit Risk Financial instruments that potentially subject the Company to credit risk consist primarily of accounts and other receivables. The Company does not require collateral or other security to support these receivables. The Company conducts periodic reviews of the financial condition and payment practices of its customers to minimize collection risk on accounts receivable. Two major customers accounted for 21% (11% and 10% for each) of the Company’s sales for the year ended December 31, 2016. No customer accounted for 10% or more of the Company’s sales for the year ended December 31, 2015. The Company purchased its products from five major vendors during the years ended December 31, 2016, and from four major vendors during the years ended December 31, 2015, accounting for a total of 80% (22%, 19%, 16%, 12% and 11% for each) and 75% (22%, 21%, 16%, and 16% for each) of the Company’s purchases, respectively. Accounts payable to these vendors were $446,428 and $4,294,228 as of December 31, 2016 and 2015, respectively. Prior to its divestment of its PRC subsidiaries, the operations of the Company were located principally in China and the U.S. Accordingly, the Company’s Chinese subsidiaries’ business, financial condition and results of operations were, from time to time influenced by the political, economic and legal environments in China, as well as by the general state of the PRC economy. The Company’s operations in the PRC were subject to specific considerations and significant risks not typically associated with companies in North America and Western Europe. These included risks associated with, among others, the political, economic and legal environments in China and foreign currency exchange. The Company’s results may be adversely affected by changes in PRC government policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things. The Company’s sales, purchase and expense transactions in China are denominated in Chinese Yuan Renminbi (“RMB”), and all of the assets and liabilities of the Company’s former subsidiaries in China are also denominated in RMB. The RMB is not freely convertible into foreign currencies under the current law. In China, foreign exchange transactions are required by law to be transacted only by authorized financial institutions. Remittances in currencies other than RMB may require certain supporting documentation in order to affect the remittance.
Statement of Cash Flows Policy [Policy Text Block]	Statement of Cash Flows In accordance with FASB ASC Topic 230, “Statement of Cash Flows,” cash flows from the Company’s operations is calculated based upon local currencies. As a result, amounts related to assets and liabilities reported on the statement of cash flows may not necessarily agree with changes in the corresponding balances on the balance sheet.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments Some of the Company’s financial instruments, including cash and cash equivalents, accounts receivable, other receivables, accounts payable, accrued liabilities and short-term debt, have carrying amounts that approximate their fair values due to their short maturities. ASC Topic 820, “Fair Value Measurements and Disclosures,” requires disclosure of the fair value of financial instruments held by the Company. ASC Topic 825, “Financial Instruments,” defines fair value and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the consolidated balance sheets for receivables and current liabilities each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined as follows: · Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. · Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. · Level 3 inputs to the valuation methodology are unobservable and significant to the fair value measurement. The Company analyzes all financial instruments with features of both liabilities and equity under ASC Topic 480, “Distinguishing Liabilities from Equity,” and ASC Topic 815, “Derivatives and Hedging.” The carrying value of cash, accounts receivable, advance to suppliers, other receivables, accounts payable, lines of credit, advance from customers, other payables and accrued liabilities approximate estimated fair values because of their short maturities. The estimated fair value of the long-term lines of credit approximated the carrying amount as the interest rates are considered as approximate to the current rate for comparable loans at the respective balance sheet dates. The carrying value of the warrant liability is determined using the Binomial Lattice option pricing model. Certain assumptions used in the calculation of the warrant liability represent Level-3 unobservable inputs. The Company did not have any assets or liabilities categorized as Level 1 or 2 as of December 31, 2016. The following table summarizes the activity of Level 3 inputs measured on a recurring basis: Fair Value Measurements of Common Stock Warrants Using Significant Unobservable Inputs (Level 3) For the Years Ended December 31, 2016 2015 Balance at January 1 $ - $ 1,465,019 Adjustment resulting from change in fair value (a) and extinguishment of warrants recognized in earnings - 767,096 1,053,670 common shares issued in exchange of surrender of 1,062,912 warrants (2,232,115 ) Balance at December 31 $ - $ - (a) Adjustment resulting from change in fair value
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Translation and Transactions The consolidated financial statements are presented in USD. The functional currency of Nova LifeStyle, Nova Furniture, Nova Samoa, Nova Macao, Bright Swallow and Diamond Bar is the United States Dollar (“$” or “USD”). The functional currency of Nova Dongguan, Nova Museum and Ding Nuo is RMB. The functional currencies of the Company’s foreign operations are translated into USD for balance sheet accounts using the current exchange rates in effect as of the balance sheet date, except for the equity account using the historical exchange rate, and for revenue and expense accounts using the weighted-average exchange rate during the fiscal year. The translation adjustments are recorded in the consolidated statements of income and comprehensive income, captioned “Accumulated other comprehensive income.” Gains and losses resulting from transactions denominated in foreign currencies are included in “Other income (expenses)” in the consolidated statements of income and comprehensive income. There have been no significant fluctuations in the exchange rate for the conversion of RMB to USD after the balance sheet date. The RMB to USD exchange rates in effect as of October 25, 2016 (date of disposal of subsidiaries) and December 31, 2015, were RMB6.7641 = USD$1.00 and RMB6.4936 = USD$1.00, respectively. The weighted-average RMB to USD exchange rates in effect for the period from January 1, 2016 to October 25, 2016 (date of disposal of subsidiaries) and 2015 were RMB6.5904= USD$1.00 and RMB6.1738= USD$1.00, respectively. The exchange rates used in translation from RMB to USD were published by the People’s Bank of the People’s Republic of China.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income The Company follows FASB ASC 220 “Reporting Comprehensive Income.” Comprehensive income is comprised of net income and all changes to the consolidated statements of stockholders’ equity, except those due to investments by stockholders, changes in paid-in capital and distributions to stockholders. Comprehensive income for the years ended December 31, 2016 and 2015 included net income and foreign currency translation adjustments.
Segment Reporting, Policy [Policy Text Block]	Segment Reporting ASC Topic 280, “Segment Reporting,” requires use of the “management approach” model for segment reporting. The management approach model is based on the way a company’s chief operating decision maker organizes segments within the company for making operating decisions assessing performance and allocating resources. Reportable segments are based on products and services, geography, legal structure, management structure, or any other manner in which management disaggregates a company. Management determined that the Company’s operations constitute a single reportable segment in accordance with ASC 280. The Company operates exclusively in one business and industry segment: the design and sale of furniture. Management concluded that the Company had one reportable segment under ASC 280 because Diamond Bar is a furniture distributor based in California focusing on customers in the US, Bright Swallow is a furniture distributor based in Hong Kong focusing on customers in Canada, and Nova Macao is a furniture distributor based in Macao focusing on international customers. They are all operated under the same senior management of the Company, and management views the operations of Diamond Bar, Bright Swallow and Nova Macao as a whole for making business decisions Prior to the disposal of Nova Dongguan, the Company’s furniture products sold through Nova Dongguan, Nova Macao, and Ding Nuo were created with similar production processes, in the same facilities, under the same regulatory environment and sold to customers using similar distribution systems. Although Nova Museum was principally engaged in the dissemination of the culture and history of furniture in China, it also served a function of promoting and marketing the Company’s image and products by providing a platform and channel for consumers to be exposed to the Company and its products, it was operated under the same management with the same resources and in the same location as Nova Dongguan, and it was an additive and supplemental unit to the Company’s main operations, the design and sale of furniture. Until the disposal of Nova Dongguan and its subsidiaries, all of the Company’s long-lived assets for production were located at its facilities in Dongguan, Guangdong Province, China, and operated within the same environmental, safety and quality regulations governing furniture manufacturers. After the disposal of Nova Dongguan and its subsidiaries, all of the Company’s long-lived assets are mainly property, plant and equipment located in the United States for administrative purposes. Net sales to customers by geographic area are determined by reference to the physical locations of the Company’s customers. For example, if the products are delivered to a customer in the US, the sales are recorded as generated in the US; if the customer directs the Company to ship its products to China, the sales are recorded as sold in China.
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Pronouncements In August 2014, the Financial Accounting Standards Board (“FASB”) issued Presentation of Financial Statements — Going Concern. This standard requires management to evaluate for each annual and interim reporting period whether it is probable that the reporting entity will not be able to meet its obligations as they become due within one year after the date that the financial statements are issued. If the entity is in such a position, the standard provides for certain disclosures depending on whether or not the entity will be able to successfully mitigate its going concern status. This guidance is effective for annual periods ending after December 15, 2016 and interim periods within annual periods beginning after December 15, 2016. Early application is permitted. The Company does not anticipate that this adoption will have a significant impact on its consolidated financial position, results of operations, or cash flows. In July 2015, the FASB issued Accounting Standards Update (“ASU”) No. 2015-11, Inventory, which requires an entity to measure inventory within the scope at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The effective date for the standard is for fiscal years beginning after December 15, 2016. Early adoption is permitted. The Company does not anticipate that this adoption will have a significant impact on its consolidated financial position, results of operations, or cash flows. In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments. To simplify the accounting for adjustments made to provisional amounts recognized in a business combination, the amendments eliminate the requirement to retrospectively account for those adjustments. For public business entities, the amendments are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. For all other entities, the amendments in this update are effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017. The amendments should be applied prospectively to adjustments to provisional amounts that occur after the effective date with earlier application permitted for financial statements that have not been issued. The Company does not anticipate that this adoption will have a significant impact on its consolidated financial position, results of operations, or cash flows. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). The new standard establishes a right-of-use (“ROU”) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is in the process of evaluating the impact of adoption of this ASU on the consolidated financial statements. In May 2014, the FASB issued No. 2014-09, Revenue from Contracts with Customers, which supersedes the revenue recognition requirements in Accounting Standards Codification 605 - Revenue Recognition and most industry-specific guidance throughout the Codification. The standard requires that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In August 2015, the FASB approved a one-year deferral of the effective date of the new revenue recognition standard. Public business entities, certain not-for-profit entities, and certain employee benefit plans should apply the guidance in ASU 2014-09 to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 31, 2016, including interim reporting periods within that reporting period. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue versus Net). In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606), Identifying Performance Obligations and Licensing. In May 2016, the FASB issued ASU 2016-11, Revenue from Contracts with Customers (Topic 606) and Derivatives and Hedging (Topic 815) - Rescission of SEC Guidance Because of ASU 2014-09 and 2014-16, and ASU 2016-12, Revenue from Contracts with Customers (Topic 606) - Narrow Scope Improvements and Practical Expedients. These ASUs clarify the implementation guidance on a few narrow areas and adds some practical expedients to the guidance Topic 606. The Company is evaluating the effect that these ASUs will have on its consolidated financial statements and related disclosures. On March 30, 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting, which includes amendments to accounting for income taxes at settlement, forfeitures, and net settlements to cover withholding taxes. The amendments in ASU 2016-09 are effective for public companies for fiscal years beginning after December 31, 2016, and interim periods within those annual periods. Early adoption is permitted but requires all elements of the amendments to be adopted at once rather than individually. The Company is evaluating the effect that ASU No. 2016-09 will have on the Company’s consolidated financial statements and related disclosures. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326), which requires entities to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost. This guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early application will be permitted for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company is currently evaluating the impact that the standard will have on its consolidated financial statements and related disclosures. In August 2016, the FASB issued ASU No. 2016-15, Classification of Certain Cash Receipts and Cash Payments. ASU 2016-15 clarifies the presentation and classification of certain cash receipts and cash payments in the statement of cash flows. This ASU is effective for public business entities for fiscal years, and interim periods within those years, beginning after December 15, 2017. Early adoption is permitted. The Company is currently assessing the potential impact of ASU 2016-15 on its financial statements and related disclosures. In October 2016, the FASB issued ASU No. 2016-16—Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory. This ASU improves the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. For public business entities, the amendments in this update are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. Early adoption is permitted. The Company does not anticipate that the adoption of this ASU will have a significant impact on its consolidated financial statements. In October 2016, the FASB issued ASU No. 2016-17 Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control. This update amends the consolidation guidance on how a reporting entity that is the single decision maker of a variable interest entity (VIE) should treat indirect interests in the entity held through related parties that are under common control with the reporting entity when determining whether it is the primary beneficiary of that VIE. This ASU is effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. Early adoption is permitted. The Company does not anticipate that the adoption of this ASU will have a significant impact on its consolidated financial statements. In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash. The guidance requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The standard is effective for fiscal years beginning after December 15, 2017, and interim period within those fiscal years. Early adoption is permitted, including adoption in an interim period. The standard should be applied using a retrospective transition method to each period presented. The Company does not anticipate that the adoption of this ASU will have a significant impact on its consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business, which clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions or disposals of assets or businesses. The standard is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted. The standard should be applied prospectively on or after the effective date. The Company will evaluate the impact of adopting this standard prospectively upon any transactions of acquisitions or disposals of assets or businesses. In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment. The guidance removes Step 2 of the goodwill impairment test, which requires a hypothetical purchase price allocation. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The guidance should be adopted on a prospective basis for the annual or any interim goodwill impairment tests beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact of adopting this standard on its consolidated financial statements.

Note 2 - Summary of Significa28

Note 2 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
Note 2 - Summary of Significant Accounting Policies (Tables) [Line Items]
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	A reconciliation of the January 1, 2015, through December 31, 2016, amount of unrecognized tax benefits excluding interest and penalties (“Gross UTB”) is as follows: Gross UTB 2016 2015 Beginning Balance $ 1,805,014 $ 1,791,388 (Decrease) increase in unrecorded tax benefits taken in the years ended December 31, 2016 and 2015, related to the Company’s continuing operations (162,633 ) 13,626 Ending Balance $ 1,642,381 $ 1,805,014
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table presents a reconciliation of basic and diluted (loss) earnings per share for the years ended December 31, 2016 and 2015: Years Ended December 31, 2016 2015 (Loss) Income from continuing operations $ (292,036 ) $ 3,404,407 Loss from discontinued operations (826,217 ) (1,204,165 ) Net (loss) income (1,118,253 ) 2,200,242 Weighted average shares outstanding – basic and diluted* 25,432,037 22,825,652 Income (loss) from continuing operations per share – basic and diluted $ (0.01 ) $ 0.15 Loss from discontinued operations per share – basic and diluted (0.03 ) (0.05 ) Net income (loss) per share – basic and diluted $ (0.04 ) $ 0.10 * Including 616,451 and 158,188 vested shares granted that were not yet issued for the years ended December 31, 2016 and 2015, respectively.
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Fair Value Measurements of Common Stock Warrants Using Significant Unobservable Inputs (Level 3) For the Years Ended December 31, 2016 2015 Balance at January 1 $ - $ 1,465,019 Adjustment resulting from change in fair value (a) and extinguishment of warrants recognized in earnings - 767,096 1,053,670 common shares issued in exchange of surrender of 1,062,912 warrants (2,232,115 ) Balance at December 31 $ - $ - (a) Adjustment resulting from change in fair value
Property Plant and Equipment Estimated Useful Lives [Member]
Note 2 - Summary of Significant Accounting Policies (Tables) [Line Items]
Property, Plant and Equipment [Table Text Block]	Depreciation of property and equipment is provided using the straight-line method for substantially all assets with 10% salvage value and estimated lives as follows: Building and workshops 20 years Computer and office equipment 5 years Decoration and renovation 10 years Machinery 10 years Autos 5 years

Note 3 - Discontinued Operati29

Note 3 - Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations [Table Text Block]	The following table summarizes the net assets of Nova Dongguan, Nova Museum and Nova Ding Nuo at the date of disposal (October 25, 2016): Cash and equivalents $ 43,873 Accounts receivable, net 4,667,943 Advance to suppliers, net 69,161 Inventories 2,600,856 Prepaid expenses and other receivables 564,517 Taxes receivable 6,589 Heritage and cultural assets 119,875 Property, plant and equipment, net 13,293,530 Lease deposit 48,936 Deposits for equipment and factory construction 624,935 Intangible assets, net 1,746,856 Deferred tax assets 392 Accounts payable (3,456,101 ) Lines of credit (1,049,659 ) Advance from customers (49,379 ) Accrued liabilities and other payables (718,793 ) Deferred rental payable (84,682 ) Noncurrent FIN 48 liability (7,403 ) Net assets of Nova Dongguan and subsidiaries upon disposal 18,421,446 Consideration received (13,250,000 ) Consideration receivable as of December 31, 2016 (1,250,000 ) Loss on disposal of subsidiaries $ (3,921,446 ) For the years ended December 31, 2016 2015 Sales from external customers $ 14,796,374 $ 18,876,697 Intrasegment sales 1,632,079 1,860,710 Cost of goods sold (14,255,611 ) (17,626,626 ) Operating expenses (3,469,576 ) (4,191,133 ) Loss before income taxes (1,542,815 ) (814,022 ) Loss on disposal of subsidiaries (3,921,446 ) - Income tax benefit (expense) 4,638,044 (390,143 ) Income (loss) from discontinued operations $ 826,217 $ (1,204,165 ) December 31, 2015 Cash and cash equivalents $ 67,802 Accounts receivable, net 7,767,406 Advance to suppliers 22,729 Inventories 2,739,710 Prepaid expenses and other receivables 662,959 Current assets of discontinued operations 11,260,606 Heritage and cultural assets 124,868 Plant, property and equipment, net 15,001,318 Lease deposit 50,975 Deposits for equipment and factory construction 143,758 Intangible assets, net 1,815,168 Deferred tax asset 8,451 Assets of discontinued operations, non-current 17,144,538 Accounts payable 4,114,598 Lines of credit 2,756,560 Advance from customers 123,570 Accrued liabilities and other payables 1,146,517 Taxes payable 5,773 Liabilities of discontinued operations 8,147,018 Deferred rent payable 89,904 Income tax payable 4,641,444 Liabilities of discontinued operations, non-current $ 4,731,348

Note 6 - Plant, Property and 30

Note 6 - Plant, Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Member]
Note 6 - Plant, Property and Equipment, Net (Tables) [Line Items]
Property, Plant and Equipment [Table Text Block]	As of December 31, 2016 and 2015, plant, property and equipment consisted of the following: 2016 2015 Computer and office equipment $ 274,735 $ 261,240 Decoration and renovation 110,015 110,015 Less: accumulated depreciation (213,474 ) (171,178 ) $ 171,276 $ 200,077

Note 7 - Intangible Assets (Tab

Note 7 - Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure Text Block [Abstract]
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Intangible assets consisted of the following as of December 31, 2016 and 2015: 2016 2015 eCommerce platform $ 1,208,200 $ 1,208,200 Customer relationship 6,150,559 6,150,559 Trademarks 200,000 200,000 Less: accumulated amortization (1,872,136 ) (1,311,278 ) $ 5,686,623 $ 6,247,481

Note 8 - Receivables from an 32

Note 8 - Receivables from an Unrelated Party, Prepaid Expenses and Other Receivables (Tables)	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Schedule of Other Current Assets [Table Text Block]	Prepaid Expenses and Other Receivables consisted of the following at December 31, 2016 and 2015: 2016 2015 Prepaid expenses $ 573,005 $ 479,091 Other receivables 69,886 29,908 Total $ 642,891 $ 508,999

Note 9 - Accrued Liabilities 33

Note 9 - Accrued Liabilities and Other Payables (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure Text Block Supplement [Abstract]
Schedule of Accrued Liabilities [Table Text Block]	Accrued liabilities and other payables consisted of the following as of December 31, 2016 and 2015: 2016 2015 Other payables $ 47,790 $ 46,598 Salary payable 30,207 80,639 Financed insurance premiums 66,314 66,960 Accrued consulting fees - 19,078 Accrued rents 102,269 135,673 Accrued commission 494,108 460,475 Accrued marketing expense - 450,000 Accrued expenses, others 40,272 178,682 Total $ 780,960 $ 1,438,105

Note 11 - Income Taxes Payable

Note 11 - Income Taxes Payable (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Taxes Payable [Table Text Block]	Taxes payable consisted of the following at December 31, 2016 and 2015: 2016 2015 Tax receivable $ 14,893 8,494 Income tax payable - current $ - $ - Income tax payable – noncurrent $ 2,136,788 $ 2,160,449
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	The components of income (loss) before income taxes from continuing operations consisted of the following for the years ended December 31, 2016 and 2015: 2016 2015 Loss subject to domestic income taxes only $ (2,614,069 ) $ (920,468 ) Income subject to foreign income taxes only 1,485,413 4,486,318 Total $ (1,128,656 ) $ 3,565,850
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The (benefit) provision for income taxes on income (loss) from continuing operations consisted of the following: 2016 2015 Current: Federal $ (137,833 ) $ 105,879 State 800 17,610 PRC 114,173 90,696 (22,860 ) 214,185 Deferred: Federal (751,351 ) (48,369 ) State (62,409 ) (4,373 ) Total (benefit) provision for income taxes $ (836,620 ) $ 161,443
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	The following is a reconciliation of the difference between the actual provision for income taxes and the provision computed by applying the federal statutory rate on income (loss) before income taxes from continuing operations: 2016 2015 Tax at Federal Statutory rate $ (383,743 ) $ 1,212,389 Foreign Rate Differential (168,882 ) (403,625 ) Change in fair value and extinguishment of warrant liability - 260,813 ASC 740-10 Uncertain Tax Position (23,660 ) 141,502 Tax exemption (336,158 ) (1,121,724 ) Stock Based Compensation 96,963 122,666 Others (21,140 ) (50,578 ) $ (836,620 ) $ 161,443
Schedule of the Aggregate Dollar and Per Share Effects of Tax Exemption [Table Text Block]	The aggregate dollar effect of tax holiday 2016 2015 Aggregate dollar effect of tax holiday $ 336,158 $ 1,121,724
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Deferred tax assets and liabilities are recognized for the expected future tax consequences of differences between the carrying amounts of assets and liabilities and their respective tax bases using enacted tax rates in effect for the year in which the differences are expected to reverse. Deferred taxes are comprised of the following: 2016 2015 Non-Current Deferred Tax Assets: Accrued liabilities 87,826 94,468 Fed & CA amortization 49,197 44,330 Stock compensation 116,748 116,332 U.S. NOL 882,939 - Non-Current Deferred Tax Liabilities: Prepaid expenses (217,852 ) (134,701 ) Fed & CA depreciation (44,099 ) (56,872 ) Purchase accounting - (2,557 ) Net Non-Current Deferred Tax Assets (Liabilities) before Valuation Allowance 874,759 61,000 Less: Valuation Allowance - - Non-Current Deferred Tax Assets (Liabilities), Net: 874,759 61,000 Total Deferred Assets, Net: $ 874,759 $ 61,000

Note 14 - Stockholders_ Equity

Note 14 - Stockholders’ Equity (Tables)	12 Months Ended
	Dec. 31, 2016
Stockholders' Equity Note [Abstract]
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	Following is a summary of the warrant activity for the years ended December 31, 2016 and 2015: Number of Warrants Average Exercise Price Weighted Average Remaining Contractual Term in Years Outstanding at January 1, 2015 1,241,462 7.90 2.99 Exercisable at January 1, 2015 1,241,462 7.90 2.99 Granted 2,000,001 2.71 5.50 Exercised/surrendered (1,062,912 ) 2.1 - Expired (128,550 ) 4.50 - Outstanding at January 1, 2016 2,050,001 2.74 4.82 Exercisable at January 1, 2016 2,050,001 2.74 4.82 Granted - - - Exercised / surrendered (1,141,667 ) 2.71 - Expired (50,000 ) 4.00 - Outstanding at December 31, 2016 858,334 2.71 3.92 Exercisable at December 31, 2016 858,334 2.71 3.92

Note 16 - Geographical Sales (T

Note 16 - Geographical Sales (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]	Geographical distribution of sales consisted of the following for the years ended December 31, 2016 and 2015: Geographical Areas 2016 2015 North America $ 58,203,291 $ 75,447,905 Europe 12,488,328 10,579,444 China* 10,002,059 - Australia 4,871,892 535,145 Asia** 4,349,661 2,676,669 Hong Kong 2,499,418 384,832 Other countries 233,546 319,420 $ 92,648,195 $ 89,943,415 * excluding Hong Kong ** excluding China and Hong Kong

Note 17 - Commitments and Con37

Note 17 - Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	The total minimum future lease payments are as follows: 12 Months Ended December 31, Amount 2017 $ 576,713 2018 472,714 2019 - 2020 - 2021 - Thereafter - Total $ 1,049,427

Note 1 - Organization and Des38

Note 1 - Organization and Description of Business (Details) ¥ in Millions	Oct. 25, 2016	Nov. 27, 2013USD ($)	Nov. 27, 2013CNY (¥)	Oct. 21, 2013USD ($)	Oct. 21, 2013CNY (¥)
Note 1 - Organization and Description of Business (Details) [Line Items]
Number of Subsidiaries Sold	3
Dongguan Ding Nuo Household Products Co., Ltd. [Member]
Note 1 - Organization and Description of Business (Details) [Line Items]
Proceeds from Contributed Capital		$ 16,305	¥ 0.1	$ 162,994	¥ 1
Business Acquisition, Percentage of Voting Interests Acquired				100.00%	100.00%

Note 2 - Summary of Significa39

Note 2 - Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2016USD ($)shares	Dec. 31, 2015USD ($)shares	Dec. 31, 2014USD ($)shares	Apr. 24, 2013USD ($)
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Goodwill	$ 218,606	$ 218,606
Allowance for Doubtful Accounts Receivable	3,019,931	484,936
Provision for Doubtful Accounts	$ 2,603,745	660,136
Property, Plant and Equipment, Salvage Value, Percentage	10.00%
Asset Impairment Charges	$ 0	0
Income Tax Expense (Benefit)	(836,620)	161,443
Unrecognized Tax Benefits	1,642,381	1,805,014	$ 1,791,388
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	494,000	$ 355,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	$ 139,000
VAT tax rate, sales	17.00%
Term Of Franchise Agreement	1 year
Initial Franchise Fees	$ 30,000
Store Build out Subsidy Period	12 months
Decline in Initial Franchise Fees, Description	The franchisee was able to obtain, in the form of credits against purchase orders, percentages of the Renovation Subsidy applicable in the city in which the franchisee is located, as follows: 0% to 30% of the Renovation Subsidy applied to the first purchase order and 5% of each purchase order thereafter until the aggregate of all credits equals 100% of the Renovation Subsidy, or 12 months from the date of the franchise agreement, whichever occurs first
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements (in Shares) | shares	616,451	158,188
Class of Warrant or Right, Outstanding (in Shares) | shares	858,334	2,050,001	1,241,462
Accounts Payable, Other, Current	$ 47,790	$ 46,598
Foreign Currency Exchange Rate, Translation	6.7641	6.4936
Number of Operating Segments		1
Transfer Pricing Issues [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Taxes, Statute of Limitation	10 years
Diamond Bar [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Goodwill, Impairment Loss	$ 0	$ 0
Bright Swallow International Group Limited [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Goodwill				$ 808,518
Warrant [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares) | shares	858,334	2,050,001
Continuing Operations [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Provision for Doubtful Accounts	$ 2,603,745	$ 660,136
Research and Development Expense	95,877	139,869
Income Tax Expense (Benefit)	836,620	161,443
Unrecognized Tax Benefits		1,805,000
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense		128,000
Shipping, Handling and Transportation Costs	724	5,705
Advertising Expense	2,580,728	2,313,367
Discontinued Operations [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Provision for Doubtful Accounts	512,978	9,460
Research and Development Expense	628,627	932,616
Shipping, Handling and Transportation Costs	417,563	578,553
Advertising Expense	$ 62,218	$ 209,129
Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Concentration Risk, Percentage	21.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Major Custom A [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Concentration Risk, Percentage	11.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Major Customer B [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Concentration Risk, Percentage	10.00%
Cost of Goods, Total [Member] | Supplier Concentration Risk [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Concentration Risk, Percentage	80.00%	75.00%
Accounts Payable, Other, Current	$ 446,428	$ 4,294,228
Cost of Goods, Total [Member] | Supplier Concentration Risk [Member] | Major Vendor A [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Concentration Risk, Percentage	22.00%	22.00%
Cost of Goods, Total [Member] | Supplier Concentration Risk [Member] | Major Vendor B [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Concentration Risk, Percentage	19.00%	21.00%
Cost of Goods, Total [Member] | Supplier Concentration Risk [Member] | Major Vendor C [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Concentration Risk, Percentage	16.00%	16.00%
Cost of Goods, Total [Member] | Supplier Concentration Risk [Member] | Major Vendor D [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Concentration Risk, Percentage	12.00%	16.00%
Cost of Goods, Total [Member] | Supplier Concentration Risk [Member] | Major Vendor E [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Concentration Risk, Percentage	11.00%
Weighted Average [Member]
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]
Foreign Currency Exchange Rate, Translation	6.5904	6.1738

Note 2 - Summary of Significa40

Note 2 - Summary of Significant Accounting Policies (Details) - Schedule of Estimated Useful Lives of Property and Equipment	12 Months Ended
	Dec. 31, 2016
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment	20 years
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment	5 years
Museum Decoration and Renovation [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment	10 years
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment	10 years
Automobiles [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment	5 years

Note 2 - Summary of Significa41

Note 2 - Summary of Significant Accounting Policies (Details) - Schedule of Unrecognized Tax Benefits Roll Forward - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Schedule of Unrecognized Tax Benefits Roll Forward [Abstract]
Beginning Balance – January 1	$ 1,805,014	$ 1,791,388
Ending Balance – December 31	1,642,381	1,805,014
(Decrease) increase in unrecorded tax benefits taken in the years ended December 31, 2016 and 2015, related to the Company’s continuing operations	$ (162,633)	$ 13,626

Note 2 - Summary of Significa42

Note 2 - Summary of Significant Accounting Policies (Details) - Schedule of Earnings per Share, Basic and Diluted - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Schedule of Earnings per Share, Basic and Diluted [Abstract]
(Loss) Income from continuing operations	$ (292,036)	$ 3,404,407
Loss from discontinued operations	(826,217)	(1,204,165)
Net (loss) income	$ (1,118,253)	$ 2,200,242
Weighted average shares outstanding – basic and diluted*	25,432,037	22,825,652
Income (loss) from continuing operations per share – basic and diluted	$ (0.01)	$ 0.15
Loss from discontinued operations per share – basic and diluted	(0.03)	(0.05)
Net income (loss) per share – basic and diluted	$ (0.04)	$ 0.10

Note 2 - Summary of Significa43

Note 2 - Summary of Significant Accounting Policies (Details) - Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation - USD ($)	12 Months Ended
	Dec. 31, 2016		Dec. 31, 2015
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance	$ 0		$ 1,465,019
Adjustment resulting from change in value recognized in earnings	0	[1]	767,096
Common Stock Issued in Warrant Surrender [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance	$ 0
Issuance			$ (2,232,115)
[1]	Adjustment resulting from change in fair value is the amount of total gains or losses for the period attributable to the change in unrealized gains or losses relating to liabilities held at the reporting date. The unrealized gain or loss is recorded in change in fair value of warrant liability in the accompanying consolidated statements of income.

Note 2 - Summary of Significa44

Note 2 - Summary of Significant Accounting Policies (Details) - Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation (Parentheticals) - shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Warrants	(1,141,667)	(1,062,912)
Common Stock Issued in Warrant Surrender [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Shares Issued	1,053,670
Warrants	1,062,912

Note 3 - Discontinued Operati45

Note 3 - Discontinued Operations (Details) - USD ($)	Oct. 25, 2016	Jan. 31, 2017	Dec. 31, 2016	Nov. 10, 2016	Sep. 30, 2016
Note 3 - Discontinued Operations (Details) [Line Items]
Divestiture of Consolidated Subsidiaries Sales Price					$ 8,500,000
Trademarks [Member]
Note 3 - Discontinued Operations (Details) [Line Items]
Proceeds from Sale of Intangible Assets			$ 4,750,000
Subsequent Event [Member] | Trademarks [Member]
Note 3 - Discontinued Operations (Details) [Line Items]
Proceeds from Sale of Intangible Assets		$ 1,250,000
Nova Furniture BVI [Member]
Note 3 - Discontinued Operations (Details) [Line Items]
Proceeds from Divestiture of Businesses	$ 8,500,000
Total Due before December 31, 2016 [Member] | Trademarks [Member]
Note 3 - Discontinued Operations (Details) [Line Items]
Sale of Business Name Sales Price				$ 6,000,000
Amount Due before November 30, 2016 [Member] | Trademarks [Member]
Note 3 - Discontinued Operations (Details) [Line Items]
Sale of Business Name Sales Price				1,000,000
Amount due before December 31, 2016 [Member] | Trademarks [Member]
Note 3 - Discontinued Operations (Details) [Line Items]
Sale of Business Name Sales Price				$ 5,000,000

Note 3 - Discontinued Operati46

Note 3 - Discontinued Operations (Details) - Schedule of Disposal Groups, Including Discontinued Operations - USD ($)	Oct. 25, 2016	Dec. 31, 2016	Dec. 31, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash and equivalents		$ 0	$ 67,802
Income (Loss) from discontinued operations		(826,217)	(1,204,165)
Cash and cash equivalents		2,587,743	920,227
Accounts receivable, net		42,102,761	42,684,259
Advance to suppliers		13,669,752	7,936,141
Inventories		2,781,123	2,514,319
Prepaid expenses and other receivables		642,891	508,999
Current assets of discontinued operations		0	11,260,606
Plant, property and equipment, net		171,276	200,077
Lease deposit		43,260	43,260
Intangible assets, net		5,686,623	6,247,481
Deferred tax asset		874,759	61,000
Assets of discontinued operations, non-current		0	17,144,538
Accounts payable		2,368,775	5,708,259
Line of credit		0	5,659,357
Advance from customers		513,880	63,789
Accrued liabilities and other payables		780,960	1,438,105
Liabilities of discontinued operations		0	8,147,018
Deferred rent payable		0	89,904
Income tax payable		2,136,788	2,160,449
Liabilities of discontinued operations, non-current		0	4,731,348
Nova Dongguan, Nova Museum, and Nova Ding Nuo [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash and equivalents	$ 43,873
Accounts receivable, net	4,667,943
Advance to suppliers, net	69,161
Inventories	2,600,856
Prepaid expenses and other receivables	564,517
Taxes receivable	6,589
Heritage and cultural assets	119,875
Property, plant and equipment, net	13,293,530
Lease deposit	48,936
Deposits for equipment and factory construction	624,935
Intangible assets	1,746,856
Deferred tax assets	392
Accounts payable	(3,456,101)
Line of credit	(1,049,659)
Advance from customers	(49,379)
Accrued liabilities and other payables	(718,793)
Deferred rental payable	(84,682)
Noncurrent FIN 48 liability	(7,403)
Net assets of Nova Dongguan and subsidiaries upon disposal	18,421,446
Consideration received	(13,250,000)
Consideration receivable as of December 31, 2016	(1,250,000)
Loss on disposal of subsidiaries	$ (3,921,446)	(3,921,446)
Income tax benefit (expense)		4,638,044
Income (Loss) from discontinued operations		826,217
Cash and cash equivalents			67,802
Accounts receivable, net			7,767,406
Advance to suppliers			22,729
Inventories			2,739,710
Prepaid expenses and other receivables			662,959
Current assets of discontinued operations			11,260,606
Heritage and cultural assets			124,868
Plant, property and equipment, net			15,001,318
Lease deposit			50,975
Deposits for equipment and factory construction			143,758
Intangible assets, net			1,815,168
Deferred tax asset			8,451
Assets of discontinued operations, non-current			17,144,538
Accounts payable			4,114,598
Line of credit			2,756,560
Advance from customers			123,570
Accrued liabilities and other payables			1,146,517
Taxes payable			5,773
Liabilities of discontinued operations			8,147,018
Deferred rent payable			89,904
Income tax payable			4,641,444
Liabilities of discontinued operations, non-current			$ 4,731,348
Sales from external customers		14,796,374
Intersegment sales		1,632,079
Cost of goods sold		(14,255,611)
Operating expenses		(3,469,576)
Loss before income taxes		$ (1,542,815)

Note 4 - Inventories (Details)

Note 4 - Inventories (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Inventory, Net	$ 2,781,123	$ 2,514,319

Note 5 - Advance to Suppliers (

Note 5 - Advance to Suppliers (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Disclosure Text Block Supplement [Abstract]
Advances on Inventory Purchases	$ 13,669,752	$ 7,936,141
Payments to Suppliers			$ 5,000,000
Receivable, Interest Rate			4.75%
Receivable, Maturity Date			Mar. 31, 2015
Proceeds from Interest Received	$ 0	$ 3,870

Note 6 - Plant, Property and 49

Note 6 - Plant, Property and Equipment, Net (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Depreciation	$ 42,297	$ 46,111
Depreciation and Amortization, Discontinued Operations	$ 1,120,559	$ 1,318,842

Note 6 - Plant, Property and 50

Note 6 - Plant, Property and Equipment, Net (Details) - Schedule of Property, Plant and Equipment - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Less: accumulated depreciation	$ (213,474)	$ (171,178)
Property, plant and equipment, net	171,276	200,077
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	274,735	261,240
Museum Decoration and Renovation [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 110,015	$ 110,015

Note 7 - Intangible Assets (Det

Note 7 - Intangible Assets (Details)	Apr. 24, 2013USD ($)	Feb. 28, 2012	Aug. 31, 2011USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Note 7 - Intangible Assets (Details) [Line Items]
Finite-Lived Intangible Assets, Period Increase (Decrease)				$ 0	$ 1,208,200
Amortization of Intangible Assets				560,858	466,773
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months				527,524
Finite-Lived Intangible Assets, Amortization Expense, Year Two				527,524
Finite-Lived Intangible Assets, Amortization Expense, Year Three				527,524
Finite-Lived Intangible Assets, Amortization Expense, Year Four				527,524
Finite-Lived Intangible Assets, Amortization Expense, Year Five				527,524
Discontinued Operations [Member]
Note 7 - Intangible Assets (Details) [Line Items]
Amortization of Intangible Assets				31,247	28,872
Customer Relationships [Member]
Note 7 - Intangible Assets (Details) [Line Items]
Finite-Lived Intangible Assets, Gross				6,150,559	6,150,559
Customer Relationships [Member] | Diamond Bar [Member]
Note 7 - Intangible Assets (Details) [Line Items]
Finite-Lived Intangible Assets, Gross			$ 50,000
Finite-Lived Intangible Assets, Amortization Method			straight-line method
Finite-Lived Intangible Asset, Useful Life			5 years
Customer Relationships [Member] | Bright Swallow International Group Limited [Member]
Note 7 - Intangible Assets (Details) [Line Items]
Finite-Lived Intangible Assets, Amortization Method	straight-line method
Finite-Lived Intangible Asset, Useful Life	15 years
Finite-lived Intangible Assets, Fair Value Disclosure	$ 6,100,559
Trademarks [Member]
Note 7 - Intangible Assets (Details) [Line Items]
Finite-Lived Intangible Assets, Gross				$ 200,000	$ 200,000
Trademarks [Member] | Diamond Bar [Member]
Note 7 - Intangible Assets (Details) [Line Items]
Number of trademarks acquired			2
Payments to Acquire Intangible Assets			$ 200,000
Finite-Lived Intangible Assets, Amortization Method			straight-line method
Finite-Lived Intangible Asset, Useful Life			5 years
Computer Software, Intangible Asset [Member]
Note 7 - Intangible Assets (Details) [Line Items]
Finite-Lived Intangible Asset, Useful Life				10 years
Finite-Lived Intangible Assets, Period Increase (Decrease)				$ 1,200,000
Use Rights [Member]
Note 7 - Intangible Assets (Details) [Line Items]
Finite-Lived Intangible Assets, Amortization Method		straight-line method with estimated lives

Note 7 - Intangible Assets (D52

Note 7 - Intangible Assets (Details) - Schedule of Finite-Lived Intangible Assets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Less: accumulated amortization	$ (1,872,136)	$ (1,311,278)
Intangible assets, net	5,686,623	6,247,481
eCommerce Platform [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	1,208,200	1,208,200
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	6,150,559	6,150,559
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	$ 200,000	$ 200,000

Note 8 - Receivables from an 53

Note 8 - Receivables from an Unrelated Party, Prepaid Expenses and Other Receivables (Details) - USD ($)	Mar. 20, 2017	Mar. 20, 2017	Dec. 31, 2016	Sep. 22, 2016
Note 8 - Receivables from an Unrelated Party, Prepaid Expenses and Other Receivables (Details) [Line Items]
Contractual Obligation				$ 16,000,000
Prepaid Contractual Obligations			$ 7,000,000
Subsequent Event [Member]
Note 8 - Receivables from an Unrelated Party, Prepaid Expenses and Other Receivables (Details) [Line Items]
Payment for Contractual Obligations		$ 6,835,000
Contract Termination Description	On March 20, 2017, the Company and the unrelated party terminated the MOU and released both parties from all the obligations and liabilities under the MOU. The Company agreed to bear the costs of $800,000 incurred by the unrelated party on the Platform. The prepaid amount should be repaid in two instalments. The Company received the first instalment of $8,225,000 on April 11, 2017. The remaining balance of $5,610,000 is to be repaid by the unrelated party to the Company on or before April 30, 2017.

Note 8 - Receivables from an 54

Note 8 - Receivables from an Unrelated Party, Prepaid Expenses and Other Receivables (Details) - Schedule of Other Current Assets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Schedule of Other Current Assets [Abstract]
Prepaid expenses	$ 573,005	$ 479,091
Other receivables	69,886	29,908
Total	$ 642,891	$ 508,999

Note 9 - Accrued Liabilities 55

Note 9 - Accrued Liabilities and Other Payables (Details) - Schedule of Accrued Liabilitites - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Schedule of Accrued Liabilitites [Abstract]
Other payables	$ 47,790	$ 46,598
Salary payable	30,207	80,639
Financed insurance premiums	66,314	66,960
Accrued consulting fees	0	19,078
Accrued rents	102,269	135,673
Accrued commission	494,108	460,475
Accrued marketing expense	0	450,000
Accrued expenses, others	40,272	178,682
Total	$ 780,960	$ 1,438,105

Note 10 - Lines of Credit (Deta

Note 10 - Lines of Credit (Details) ¥ in Thousands

Feb. 16, 2016USD ($)

Jan. 26, 2016USD ($)

Jan. 26, 2016CNY (¥)

Jan. 20, 2016USD ($)

Nov. 01, 2015USD ($)

Nov. 01, 2015CNY (¥)

Sep. 28, 2015USD ($)

Sep. 21, 2015USD ($)

Aug. 01, 2015USD ($)

Jun. 08, 2015USD ($)

May 05, 2015USD ($)

Jan. 22, 2015USD ($)

Nov. 20, 2014USD ($)

Apr. 25, 2012USD ($)

Sep. 30, 2015USD ($)

Dec. 31, 2016USD ($)

Dec. 31, 2015USD ($)

Dec. 31, 2014

Dec. 31, 2016CNY (¥)

Dec. 31, 2015CNY (¥)

Dec. 17, 2015

Sep. 21, 2015CNY (¥)

May 05, 2015CNY (¥)

Nov. 20, 2014CNY (¥)

Apr. 25, 2012CNY (¥)

Note 10 - Lines of Credit (Details) [Line Items]

Interest Paid

$ 282,951

$ 275,860

Line of Credit [Member] | Diamond Bar [Member]

Note 10 - Lines of Credit (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 8,000,000

$ 6,000,000

$ 5,000,000

$ 6,000,000

$ 5,000,000

Line of Credit Facility, Interest Rate at Period End

4.25%

4.25%

4.25%

4.00%

Line of Credit Facility, Expiration Date

Jun. 1, 2017

Sep. 1, 2015

Jul. 31, 2015

Jun. 1, 2015

Line of Credit Facility, Interest Rate During Period

3.75%

3.75%

Line of Credit Facility, Collateral

The line of credit is secured by all of the assets of Diamond Bar and is guaranteed by Nova LifeStyle.

Long-term Line of Credit

$ 6,129,841

5,659,357

Interest Expense, Debt

213,967

199,874

Line of Credit Facility, Remaining Borrowing Capacity

$ 1,870,159

Line of Credit Facility, Covenant Terms

The Diamond Bar loan has the following covenants: (i) maintain a minimum tangible net worth of not less than $10 million; (ii) maintain a ratio of debt to tangible net worth not in excess of 2.500 to 1.000; (iii) the pre-tax income must be not less than 1.000% of total revenue quarterly; and (iv) maintain a current ratio in excess of 1.250 to 1.000.

Line of Credit Facility, Covenant Compliance

Diamond Bar was in compliance with the stated covenants.

Line of Credit [Member] | Nova Macao [Member]

Note 10 - Lines of Credit (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 6,500,000

$ 6,500,000

Line of Credit Facility, Interest Rate at Period End

4.25%

Line of Credit Facility, Expiration Date

Jan. 31, 2017

Jan. 29, 2016

Line of Credit Facility, Interest Rate During Period

4.00%

Line of Credit Facility, Collateral

The loan was secured by assignment of Sinosure (China Export and Credit Insurance Company) credit insurance and is guaranteed by Nova LifeStyle and Diamond Bar.

Long-term Line of Credit

$ 1,848,000

1,848,000

Line of Credit Facility, Remaining Borrowing Capacity

4,652,000

Line of Credit Facility, Covenant Terms

(i) total outstanding under working capital advance shall not exceed the lesser of (a) the credit commitment of $6,500,000, (b) the insurance claim limit and (c) borrowing base allowed of 80% advance rate against certain eligible accounts receivable; (ii) eligible accounts receivable are insured buyers by Sinosure assigned to the bank and within established insurance limit; (iii) the bank has an absolute right to exclude any portion of the accounts receivable from the aging report for computation of the borrowing base as it deems fit; (iv) in case the aggregate outstanding amount of credit facilities exceeds the available amount of facilities conferred by the aforesaid computation of borrowing base, the excess amount shall be settled within 7 days by Nova Macao.

Line of Credit Facility, Covenant Compliance

Nova Macao was in compliance with the stated covenants.

Interest Paid

69,830

79,631

Line of Credit [Member] | Nova Dongguan [Member]

Note 10 - Lines of Credit (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 3,016,045

$ 1,508,023

$ 3,016,045

¥ 7,100

¥ 20,000

¥ 10,000

¥ 20,000

Line of Credit Facility, Expiration Date

Nov. 9, 2016

Nov. 9, 2016

Sep. 20, 2018

May 19, 2015

Apr. 24, 2015

Line of Credit Facility, Interest Rate During Period

0.47125%

0.47125%

Line of Credit Facility, Collateral

The loans are secured by the buildings of Nova Dongguan and are guaranteed by the Company’s former CEO.

The loans are secured by the buildings of Nova Dongguan and are guaranteed by the Company’s former CEO.

Long-term Line of Credit

$ 1,049,659

$ 2,756,560

¥ 17,900

Interest Expense, Debt

$ 112,465

Debt Instrument, Interest Rate, Stated Percentage

0.47125%

0.47125%

Proceeds from Lines of Credit

$ 314,475

¥ 2,100

$ 748,750

¥ 5,000

Line of Credit #2 [Member] | Line of Credit [Member] | Nova Dongguan [Member]

Note 10 - Lines of Credit (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 1,931,773

$ 980,215

¥ 12,900

¥ 6,500

Line of Credit Facility, Expiration Date

Sep. 24, 2016

Oct. 18, 2015

Debt Instrument, Payment Terms

monthly payment of interest and that the interest rate will be adjusted annually

Debt Instrument, Interest Rate, Stated Percentage

0.51458%

0.51458%

Line of Credit #1 [Member] | Line of Credit [Member] | Nova Dongguan [Member]

Note 10 - Lines of Credit (Details) [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 527,808

¥ 3,500

Line of Credit Facility, Expiration Date

Oct. 18, 2015

Note 11 - Income Taxes Payabl57

Note 11 - Income Taxes Payable (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Note 11 - Income Taxes Payable (Details) [Line Items]
Undistributed Earnings of Foreign Subsidiaries	$ 31,000,000
Domestic Tax Authority [Member]
Note 11 - Income Taxes Payable (Details) [Line Items]
Operating Loss Carryforwards	2,390,000	$ 0
State and Local Jurisdiction [Member]
Note 11 - Income Taxes Payable (Details) [Line Items]
Operating Loss Carryforwards	$ 1,710,000	$ 0
Foreign Tax Authority [Member] | Nova Museum [Member]
Note 11 - Income Taxes Payable (Details) [Line Items]
Effective Income Tax Rate Reconciliation, Percent	25.00%
Foreign Tax Authority [Member] | Dongguan Ding Nuo Household Products Co., Ltd. [Member]
Note 11 - Income Taxes Payable (Details) [Line Items]
Effective Income Tax Rate Reconciliation, Percent	25.00%
Foreign Tax Authority [Member] | Nova Dongguan [Member]
Note 11 - Income Taxes Payable (Details) [Line Items]
Effective Income Tax Rate Reconciliation, Percent	15.00%
Foreign Tax Authority [Member] | Bright Swallow International Group Limited [Member]
Note 11 - Income Taxes Payable (Details) [Line Items]
Effective Income Tax Rate Reconciliation, Percent	16.50%

Note 11 - Income Taxes Payabl58

Note 11 - Income Taxes Payable (Details) - Schedule of Taxes Payable - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Schedule of Taxes Payable [Abstract]
Tax receivable	$ 14,893	$ 8,494
Income tax payable - current	0	0
Income tax payable – noncurrent	$ 2,136,788	$ 2,160,449

Note 11 - Income Taxes Payabl59

Note 11 - Income Taxes Payable (Details) - Schedule of Income before Income Tax, Domestic and Foreign - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Schedule of Income before Income Tax, Domestic and Foreign [Abstract]
Loss subject to domestic income taxes only	$ (2,614,069)	$ (920,468)
Income subject to foreign income taxes only	1,485,413	4,486,318
Total	$ (1,128,656)	$ 3,565,850

Note 11 - Income Taxes Payabl60

Note 11 - Income Taxes Payable (Details) - Schedule of Components of Income Tax Expense (Benefit) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Current:
Federal	$ (137,833)	$ 105,879
State	800	17,610
PRC	114,173	90,696
	(22,860)	214,185
Deferred:
Federal	(751,351)	(48,369)
State	(62,409)	(4,373)
Total (benefit) provision for income taxes	$ (836,620)	$ 161,443

Note 11 - Income Taxes Payabl61

Note 11 - Income Taxes Payable (Details) - Schedule of Effective Income Tax Rate Reconciliation - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Schedule of Effective Income Tax Rate Reconciliation [Abstract]
Tax at Federal Statutory rate	$ (383,743)	$ 1,212,389
Foreign Rate Differential	(168,882)	(403,625)
Change in fair value and extinguishment of warrant liability	0	260,813
ASC 740-10 Uncertain Tax Position	(23,660)	141,502
Tax exemption	(336,158)	(1,121,724)
Stock Based Compensation	96,963	122,666
Others	(21,140)	(50,578)
	$ (836,620)	$ 161,443

Note 11 - Income Taxes Payabl62

Note 11 - Income Taxes Payable (Details) - Schedule of the Aggregate Dollar and Per Share Effects of Tax Exemption - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Schedule of the Aggregate Dollar and Per Share Effects of Tax Exemption [Abstract]
Aggregate dollar effect of tax holiday	$ 336,158	$ 1,121,724

Note 11 - Income Taxes Payabl63

Note 11 - Income Taxes Payable (Details) - Schedule of Deferred Tax Assets and Liabilities	Dec. 31, 2016USD ($)
Non-Current Deferred Tax Assets:
Accrued liabilities	$ 87,826
Fed & CA amortization	49,197
Stock compensation	116,748
U.S. NOL	882,939
Non-Current Deferred Tax Liabilities:
Prepaid expenses	(217,852)
Fed & CA depreciation	(44,099)
Purchase accounting	0
Net Non-Current Deferred Tax Assets (Liabilities) before Valuation Allowance	874,759
Less: Valuation Allowance	0
Non-Current Deferred Tax Assets (Liabilities), Net:	874,759
Total Deferred Assets, Net:	$ 874,759

Note 12 - Related Party Trans64

Note 12 - Related Party Transactions (Details) - Building [Member] - President [Member] - Diamond Bar [Member] - USD ($)	Mar. 16, 2015	Dec. 31, 2016	Dec. 31, 2015
Note 12 - Related Party Transactions (Details) [Line Items]
Related Party Transaction, Description of Transaction	Diamond Bar leased a showroom in High Point, North Carolina from the Company’s president.
Lessee Leasing Arrangements, Operating Leases, Renewal Term	1 year
Operating Leases, Rent Expense, Minimum Rentals	$ 32,916
Operating Leases, Rent Expense		$ 32,916	$ 32,916

Note 13 - Deferred Rent Payab65

Note 13 - Deferred Rent Payable (Details)	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2016CNY (¥)	Dec. 31, 2015USD ($)
Note 13 - Deferred Rent Payable (Details) [Line Items]
Deferred Rent Credit, Noncurrent	$ 0		$ 89,904
Use Rights [Member]
Note 13 - Deferred Rent Payable (Details) [Line Items]
Land use fee, increase percentage	5.00%	5.00%
Land use fee, terms of price increase	5 years	5 years
Operating Leases, Rent Expense	$ 15,337		$ 19,474
Use Rights [Member] | Management Fee [Member]
Note 13 - Deferred Rent Payable (Details) [Line Items]
Land Use Rights Acquired, Annual Fee, Payment Description	RMB 1,500 ($226) per mu for a total 17.97 mu, or 11,977.42 square meters, from 2016 for 60 years for a total of approximately $315,000 (RMB 2.10 million). The payment will be made annually with a 5% increase every 5 years. The Company records such fees as expenses on a straight-line basis.	RMB 1,500 ($226) per mu for a total 17.97 mu, or 11,977.42 square meters, from 2016 for 60 years for a total of approximately $315,000 (RMB 2.10 million). The payment will be made annually with a 5% increase every 5 years. The Company records such fees as expenses on a straight-line basis.
Land use fee, per mu	$ 226	¥ 1,500
Lessee Leasing Arrangements, Operating Leases, Term of Contract	60 years	60 years
Land Use Fee	$ 315,000	¥ 2,100,000
Use Rights [Member] | Supplemental Payments to Residents [Member]
Note 13 - Deferred Rent Payable (Details) [Line Items]
Land Use Rights Acquired, Annual Fee, Payment Description	RMB 800 ($121) per mu for a total of 60 mu (or 40,000 square meters) starting from 2003 for 60 years for a total of approximately $768,000 (RMB 5.13 million). The payment increases 10% every 5 years. The Company records such expense on a straight-line basis.	RMB 800 ($121) per mu for a total of 60 mu (or 40,000 square meters) starting from 2003 for 60 years for a total of approximately $768,000 (RMB 5.13 million). The payment increases 10% every 5 years. The Company records such expense on a straight-line basis.
Land use fee, per mu	$ 121	¥ 800
Lessee Leasing Arrangements, Operating Leases, Term of Contract	60 years	60 years
Land Use Fee	$ 768,000	¥ 5,130,000
Land use fee, increase percentage	10.00%	10.00%
Land use fee, terms of price increase	5 years	5 years

Note 14 - Stockholders_ Equit66

Note 14 - Stockholders’ Equity (Details)

Nov. 15, 2016USD ($)$ / sharesshares

Nov. 14, 2016USD ($)$ / sharesshares

Aug. 09, 2016USD ($)

May 20, 2016USD ($)$ / sharesshares

May 18, 2016USD ($)$ / sharesshares

Feb. 01, 2016USD ($)$ / sharesshares

Aug. 15, 2015USD ($)$ / sharesshares

May 28, 2015USD ($)$ / sharesshares

May 19, 2015USD ($)$ / sharesshares

Mar. 25, 2015USD ($)$ / sharesshares

Mar. 09, 2015$ / sharesshares

Mar. 01, 2015USD ($)

Dec. 01, 2014USD ($)$ / sharesshares

Nov. 10, 2014

Sep. 01, 2014USD ($)$ / sharesshares

Jul. 01, 2014USD ($)$ / sharesshares

Apr. 17, 2014shares

Apr. 14, 2014USD ($)$ / sharesshares

Jul. 01, 2013USD ($)$ / sharesshares

Jul. 31, 2014USD ($)$ / sharesshares

Dec. 31, 2016USD ($)$ / sharesshares

Dec. 31, 2015USD ($)$ / sharesshares

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Value, Issued for Services

$ 919,569

$ 192,002

Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition

$ 104,996

$ 153,745

Class of Warrants or Rights, Granted (in Shares) | shares

0

2,000,001

Stock Issued During Period, Shares, New Issues (in Shares) | shares

1,320,059

Common Stock, Par or Stated Value Per Share (in Dollars per share) | $ / shares

$ 0.001

$ 0.001

$ 0.001

Sale of Stock, Price Per Share (in Dollars per share) | $ / shares

$ 6.78

Proceeds from Issuance of Private Placement

$ 8,950,000

Payments of Stock Issuance Costs

716,000

$ 355,000

Payments for Other Fees

$ 20,000

Derivative, Gain (Loss) on Derivative, Net

$ 0

$ (767,096)

Class of Warrants or Rights Exercised (in Shares) | shares

(1,141,667)

(1,062,912)

Stock Issued During Period, Value, Share-based Compensation, Gross

$ 583,425

Share-based Compensation

1,637,362

$ 1,377,328

Private Placement [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $ / shares

$ 2.71

Fair Value Assumptions, Expected Term

5 years

Fair Value Assumptions, Expected Volatility Rate

107.00%

Fair Value Assumptions, Risk Free Interest Rate

1.55%

Fair Value Assumptions, Expected Dividend Rate

0.00%

Warrants, Fair Value of Warrants, Granted

$ 3,147,530

Stock Issued During Period, Shares, New Issues (in Shares) | shares

2,000,001

Common Stock, Par or Stated Value Per Share (in Dollars per share) | $ / shares

$ 0.001

Sale of Stock, Price Per Share (in Dollars per share) | $ / shares

$ 2

Proceeds from Issuance of Private Placement

$ 4,000,002

Warrants, Term

5 years

Private Placement Number of Shares Authorized (in Shares) | shares

2,970,509

Warrant Description

warrant to purchase one share of the Company’s common stock for each share purchased for cash in the offering, pursuant to that certain common stock Purchase Warrant, by and between the Company and each Purchaser (the “2015 Warrants”)

Investor Relations Services [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

100,000

Investor relation contract, total service period

12 months

Stock Issued During Period, Value, Issued for Services

$ 462,000

Shares Issued, Price Per Share (in Dollars per share) | $ / shares

$ 4.62

Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition

0

231,000

2014 Omnibus Long-Term Incentive Plan [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Number of Directors

4

Stock Issued During Period, Value, Share-based Compensation, Gross

$ 40,000

2014 Omnibus Long-Term Incentive Plan [Member] | Employee [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share Price (in Dollars per share) | $ / shares

$ 0.61

Stock Issued During Period, Shares, Share-based Compensation, Gross (in Shares) | shares

600,000

Stock Issued During Period, Value, Share-based Compensation, Gross

$ 366,000

Share-based Compensation

366,000

Consulting Service Agreement [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

50,000

Stock Issued During Period, Value, Issued for Services

$ 200,000

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in Shares) | shares

50,000

Consulting Agreement, Term

12 months

Class of Warrants or Rights, Granted (in Shares) | shares

50,000

Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $ / shares

$ 4

Fair Value Assumptions, Expected Term

3 years

Fair Value Assumptions, Expected Volatility Rate

353.00%

Fair Value Assumptions, Risk Free Interest Rate

0.66%

Fair Value Assumptions, Expected Dividend Rate

0.00%

Warrants, Fair Value of Warrants, Granted

$ 194,989

Consulting Service Agreement #2 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

10,000

Stock Issued During Period, Value, Issued for Services

$ 42,000

Shares Issued, Price Per Share (in Dollars per share) | $ / shares

$ 4.20

Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition

0

26,250

Consulting Agreement, Term

12 months

Consulting Service Agreement #3 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

60,000

Stock Issued During Period, Value, Issued for Services

$ 224,400

Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition

74,800

74,800

Consulting Agreement, Term

3 years

Consulting Agreement Vesting Terms

The initial 10,000 shares were required to be issued within 30 days upon signing of the agreement; for the remaining 50,000 shares, the Company has issued or will issue to the consultant 10,000 shares of common stock on or before each of June 1, 2015, December 1, 2015, June 1, 2016, December 1, 2016 and June 1, 2017.

Share Price (in Dollars per share) | $ / shares

$ 3.74

Consulting Service Agreement #4 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

38,745

Shares Issued, Price Per Share (in Dollars per share) | $ / shares

$ 2.581

Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition

16,667

83,333

Consulting Agreement, Term

12 months

Common Stock, Shares To Be Issued

$ 100,000

Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award

The share price was calculated as the average closing price per share for ten trading days immediately prior to the execution of the agreement and was amortized over the service term.

Consulting Service Agreement #5 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

18,348

Stock Issued During Period, Value, Issued for Services

$ 45,870

Shares Issued, Price Per Share (in Dollars per share) | $ / shares

$ 2.50

Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition

28,669

17,201

Consulting Agreement, Term

12 months

Monthly Payment for Services

$ 5,000

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights

Twenty-five percent (25%) of those shares vested on November 15, 2015, 25% on February 15, 2016, 25% on May 15, 2016 and the remaining 25% vest on August 15, 2016

Consulting Service Agreement #6 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

150,000

Stock Issued During Period, Value, Issued for Services

$ 204,000

Shares Issued, Price Per Share (in Dollars per share) | $ / shares

$ 1.36

Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition

149,600

Consulting Agreement, Term

15 months

Consulting Service Agreement #6 [Member] | Monthly Award [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

10,000

Consulting Service Agreement #7 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

240,000

Stock Issued During Period, Value, Issued for Services

$ 326,400

Shares Issued, Price Per Share (in Dollars per share) | $ / shares

$ 1.36

Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition

149,600

Consulting Agreement, Term

24 months

Consulting Service Agreement #7 [Member] | Monthly Award [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

10,000

Consulting Service Agreement #8 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition

60,000

Consulting Agreement, Term

6 months

Consulting Service Agreement #8 [Member] | Monthly Award [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

10,000

Consulting Service Agreement #9 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

100,000

Stock Issued During Period, Value, Issued for Services

$ 294,000

Shares Issued, Price Per Share (in Dollars per share) | $ / shares

$ 2.94

Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition

37,858

Consulting Agreement, Term

12 years

Consulting Service Agreement #10 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

100,000

Stock Issued During Period, Value, Issued for Services

$ 294,000

Shares Issued, Price Per Share (in Dollars per share) | $ / shares

$ 2.94

Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition

36,750

Consulting Agreement, Term

12 months

Consulting Service Agreement #11 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Value, Issued for Services

$ 20,000

Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition

17,500

Consulting Agreement, Term

12 months

Other Commitments, Description

The Company also granted the consultant $15,000 worth of shares of the Company’s common stock per month starting from December 1, 2016 for 12 months.

Agreement with Three Furniture Designers [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

240,000

Stock Issued During Period, Value, Issued for Services

$ 388,800

Shares Issued, Price Per Share (in Dollars per share) | $ / shares

$ 0.54

Consulting Agreement, Term

24 months

Executive Employment Agreement [Member] | 2014 Omnibus Long-Term Incentive Plan [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Consulting Agreement, Term

1 year

Share Price (in Dollars per share) | $ / shares

$ 3.07

Stock Issued During Period, Shares, Share-based Compensation, Gross (in Shares) | shares

30,000

Stock Issued During Period, Value, Share-based Compensation, Gross

$ 92,100

Share-based Compensation

12,112

Agreement with a Furniture Designer [Member] | 2014 Omnibus Long-Term Incentive Plan [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Issued for Services (in Shares) | shares

100,000

Stock Issued During Period, Value, Issued for Services

$ 294,000

Consulting Agreement, Term

1 year

Share Price (in Dollars per share) | $ / shares

$ 2.94

Share-based Compensation

36,750

July 9, 2014 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Shares Issued, Price Per Share (in Dollars per share) | $ / shares

$ 4.47

Number of Directors

4

Stock Issued During Period, Value, Share-based Compensation, Gross

$ 75,990

Share-based Compensation

0

33,566

July 9, 2014 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director [Member] | Granted to One Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Share-based Compensation, Gross (in Shares) | shares

5,000

July 9, 2014 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director [Member] | Granted to Three Directors Each [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Share-based Compensation, Gross (in Shares) | shares

4,000

March 24, 2015 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Warrants, Fair Value of Warrants, Granted

$ 119,999

Share Price (in Dollars per share) | $ / shares

$ 3.28

Stock Issued During Period, Shares, Share-based Compensation, Gross (in Shares) | shares

12,195

Share-based Compensation

26,959

93,040

March 24, 2015 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director #2 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Share-based Compensation, Gross (in Shares) | shares

12,195

March 24, 2015 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director #3 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Stock Issued During Period, Shares, Share-based Compensation, Gross (in Shares) | shares

12,195

May 19, 2015 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Warrants, Fair Value of Warrants, Granted

$ 38,292

Share Price (in Dollars per share) | $ / shares

$ 3.14

Stock Issued During Period, Shares, Share-based Compensation, Gross (in Shares) | shares

12,195

Share-based Compensation

14,477

23,815

Share-based Compensation Award, Tranche One [Member] | Restricted Stock [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche One [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche One [Member] | Consulting Service Agreement #7 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

12.50%

Share-based Compensation Award, Tranche One [Member] | Consulting Service Agreement #9 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche One [Member] | Agreement with Three Furniture Designers [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche One [Member] | Executive Employment Agreement [Member] | 2014 Omnibus Long-Term Incentive Plan [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche One [Member] | Agreement with a Furniture Designer [Member] | 2014 Omnibus Long-Term Incentive Plan [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights

25%

Share-based Compensation Award, Tranche One [Member] | July 9, 2014 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Two [Member] | Restricted Stock [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Two [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Two [Member] | Consulting Service Agreement #7 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

12.50%

Share-based Compensation Award, Tranche Two [Member] | Consulting Service Agreement #9 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Two [Member] | Agreement with Three Furniture Designers [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Two [Member] | Executive Employment Agreement [Member] | 2014 Omnibus Long-Term Incentive Plan [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Two [Member] | Agreement with a Furniture Designer [Member] | 2014 Omnibus Long-Term Incentive Plan [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights

25%

Share-based Compensation Award, Tranche Two [Member] | July 9, 2014 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Two [Member] | March 24, 2015 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Three [Member] | Restricted Stock [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Three [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Three [Member] | Consulting Service Agreement #7 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

12.50%

Share-based Compensation Award, Tranche Three [Member] | Consulting Service Agreement #9 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Three [Member] | Agreement with Three Furniture Designers [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Three [Member] | Executive Employment Agreement [Member] | 2014 Omnibus Long-Term Incentive Plan [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Three [Member] | Agreement with a Furniture Designer [Member] | 2014 Omnibus Long-Term Incentive Plan [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights

25%

Share-based Compensation Award, Tranche Three [Member] | July 9, 2014 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Three [Member] | March 24, 2015 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Three [Member] | May 19, 2015 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Four [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Four [Member] | Consulting Service Agreement #7 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

12.50%

Share-based Compensation Award, Tranche Four [Member] | Agreement with Three Furniture Designers [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Four [Member] | Executive Employment Agreement [Member] | 2014 Omnibus Long-Term Incentive Plan [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Four [Member] | Agreement with a Furniture Designer [Member] | 2014 Omnibus Long-Term Incentive Plan [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights

25%

Share-based Compensation Award, Tranche Five[Member] | Consulting Service Agreement #7 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

12.50%

Share-based Compensation Award, Tranche Six[Member] | Consulting Service Agreement #7 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

12.50%

Share-based Compensation Award, Tranche Seven [Member] | Consulting Service Agreement #7 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

12.50%

Share-based Compensation Award, Tranche Eight [Member] | Consulting Service Agreement #7 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

12.50%

Share-based Compensation Award, Tranche Four [Member] | Restricted Stock [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Four [Member] | Consulting Service Agreement #9 [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Four [Member] | July 9, 2014 [Member] | 2014 Omnibus Long-Term Incentive Plan [Member] | Restricted Stock [Member] | Director [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Series A Warrants [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Class of Warrants or Rights, Granted (in Shares) | shares

660,030

Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $ / shares

$ 8.48

Warrants, Term

4 years

Class of Warrants or Rights Exercised (in Shares) | shares

660,030

Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares) | shares

660,030

Series B Warrants [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Class of Warrants or Rights, Granted (in Shares) | shares

633,628

Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $ / shares

$ 6.82

Warrants, Term

6 years

Class of Warrants or Rights Exercised (in Shares) | shares

310,478

Series C Warrants [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Class of Warrants or Rights, Granted (in Shares) | shares

310,478

Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) | $ / shares

$ 8.53

Warrants, Term

4 years

Warrant, Repurchase Terms

After the six month anniversary of the issuance date of the Series C Warrants, to the extent that a holder of Series C Warrant exercised less than 70% of such holder’s Series B Warrants and the closing sale price of the common stock was equal to or greater than $9.81 for a period of ten consecutive trading days, and the Company could purchase the entire then-remaining portion of such holder’s Series C Warrants for $1,000. On October 14, 2014, the Company’s closing sale price of the common stock was not equal to or greater than $9.81 for a period of ten consecutive trading days, accordingly, the Company cannot purchase the entire then-remaining portion of such holder’s Series C Warrants for $1,000.

Class of Warrants or Rights Exercised (in Shares) | shares

92,404

Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares) | shares

310,478

Placement Agent Warrants [Member]

Note 14 - Stockholders’ Equity (Details) [Line Items]

Class of Warrants or Rights, Granted (in Shares) | shares

92,404

Warrants Granted, Percentage of Shares Issued

7.00%

Derivative, Gain (Loss) on Derivative, Net

$ 767,096

$ 0

Note 14 - Stockholders_ Equit67

Note 14 - Stockholders’ Equity (Details) - Schedule of Stockholders' Equity Note, Warrants or Rights - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Schedule of Stockholders' Equity Note, Warrants or Rights [Abstract]
Number of Warrants Outstanding	858,334	2,050,001	1,241,462
Warrants Outstanding, Average Exercise Price	$ 2.71	$ 2.74	$ 7.90
Warrants Outstanding, Weighted Average Remaining Contractual Term in Years	3 years 335 days	4 years 299 days	2 years 361 days
Number of Warrants Exercisable	858,334	2,050,001	1,241,462
Warrants Exercisable, Average Exercise Price	$ 2.71	$ 2.74	$ 7.90
Warrants Exercisable, Weighted Average Remaining Contractual Term in Years	3 years 335 days	4 years 299 days	2 years 361 days
Number of Warrants Granted	0	2,000,001
Warrants Granted, Average Exercise Price	$ 0	$ 2.71
Warrants Granted, Weighted Average Remaining Contractual Term in Years		5 years 6 months
Number of Warrants Exercised	(1,141,667)	(1,062,912)
Warrants Exercised, Average Exercise Price	$ 2.71	$ 2.1
Number of Warrants Expired	(50,000)	(128,550)
Warrants Expired, Average Exercise Price	$ 4	$ 4.50

Note 15 - Statutory Reserves (D

Note 15 - Statutory Reserves (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Note 15 - Statutory Reserves (Details) [Line Items]
Statutory Equity Reserves (in Dollars)	$ 6,241	$ 6,241
Nova Dongguan [Member]
Note 15 - Statutory Reserves (Details) [Line Items]
Statutory reserve, after-tax income percentage	10.00%
Statutory reserve, percentage of registered capital	50.00%
Statutory reserve, percentage of registered capital minimum	25.00%
Nova Macao [Member]
Note 15 - Statutory Reserves (Details) [Line Items]
Statutory reserve, after-tax income percentage	10.00%
Statutory reserve, percentage of registered capital	50.00%
Statutory reserve, percentage of registered capital minimum	25.00%
Minimum [Member] | Nova Dongguan [Member]
Note 15 - Statutory Reserves (Details) [Line Items]
Common welfare fund, voluntary contribution	5%
Minimum [Member] | Nova Macao [Member]
Note 15 - Statutory Reserves (Details) [Line Items]
Common welfare fund, voluntary contribution	5%
Maximum [Member] | Nova Dongguan [Member]
Note 15 - Statutory Reserves (Details) [Line Items]
Common welfare fund, voluntary contribution	10%
Maximum [Member] | Nova Macao [Member]
Note 15 - Statutory Reserves (Details) [Line Items]
Common welfare fund, voluntary contribution		10%

Note 16 - Geographical Sales (D

Note 16 - Geographical Sales (Details) - Schedule of Sales by Geographic Region - USD ($)		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015
Note 16 - Geographical Sales (Details) - Schedule of Sales by Geographic Region [Line Items]
Sales		$ 92,648,195	$ 89,943,415
North America [Member]
Note 16 - Geographical Sales (Details) - Schedule of Sales by Geographic Region [Line Items]
Sales		58,203,291	75,447,905
Europe [Member]
Note 16 - Geographical Sales (Details) - Schedule of Sales by Geographic Region [Line Items]
Sales		12,488,328	10,579,444
CHINA
Note 16 - Geographical Sales (Details) - Schedule of Sales by Geographic Region [Line Items]
Sales	[1]	10,002,059	0
AUSTRALIA
Note 16 - Geographical Sales (Details) - Schedule of Sales by Geographic Region [Line Items]
Sales		4,871,892	535,145
Asia [Member]
Note 16 - Geographical Sales (Details) - Schedule of Sales by Geographic Region [Line Items]
Sales	[2]	4,349,661	2,676,669
HONG KONG
Note 16 - Geographical Sales (Details) - Schedule of Sales by Geographic Region [Line Items]
Sales		2,499,418	384,832
Other Countries [Member]
Note 16 - Geographical Sales (Details) - Schedule of Sales by Geographic Region [Line Items]
Sales		$ 233,546	$ 319,420
[1]	excluding Hong Kong
[2]	excluding China

Note 17 - Commitments and Con70

Note 17 - Commitments and Contingencies (Details)

Oct. 03, 2016shares

Mar. 25, 2016USD ($)

Mar. 21, 2016USD ($)$ / sharesshares

Sep. 15, 2015USD ($)

Sep. 15, 2015HKD

Mar. 16, 2015USD ($)

Nov. 10, 2014USD ($)$ / sharesshares

Jan. 07, 2014

Sep. 19, 2013

Jun. 17, 2013USD ($)

May 03, 2013USD ($)$ / sharesshares

Sep. 30, 2016USD ($)

Sep. 30, 2015USD ($)

Dec. 31, 2016USD ($)

Dec. 31, 2015USD ($)

Note 17 - Commitments and Contingencies (Details) [Line Items]

Description of Lessor Leasing Arrangements, Operating Leases

The Company subleased a portion of its warehouse space to one of its customers with a one-year term commencing on December 1, 2013 and expiring on November 30, 2014.

Operating Leases, Income Statement, Lease Revenue

$ 675,717

$ 670,347

Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Allocated Share-based Compensation Expense

$ 0

$ 450,000

0

600,000

President [Member] | Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share Price (in Dollars per share) | $ / shares

$ 4.31

Stock Issued During Period, Shares, Restricted Stock Award, Gross (in Shares) | shares

100,000

46,403

Stock Issued During Period, Value, Restricted Stock Award, Gross

$ 200,000

Chief Executive Officer [Member] | Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share Price (in Dollars per share) | $ / shares

$ 4.31

Stock Issued During Period, Shares, Restricted Stock Award, Gross (in Shares) | shares

100,000

46,403

Stock Issued During Period, Value, Restricted Stock Award, Gross

$ 200,000

Chief Financial Officer [Member] | Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share Price (in Dollars per share) | $ / shares

$ 4.31

Stock Issued During Period, Shares, Restricted Stock Award, Gross (in Shares) | shares

100,000

46,403

Stock Issued During Period, Value, Restricted Stock Award, Gross

$ 200,000

CEO, CFO and President [Member] | Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share Price (in Dollars per share) | $ / shares

$ 1.20

Stock Issued During Period, Shares, Restricted Stock Award, Gross (in Shares) | shares

300,000

Stock Issued During Period, Value, Restricted Stock Award, Gross

$ 360,000

Officer [Member] | Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Allocated Share-based Compensation Expense

360,000

Employment Agreement [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Other Commitments, Description

entered into one-year employment agreements, effective as of November 11, 2015, with Mr. Ya Ming (Jeffrey) Wong and Mr. Yuen Ching (Sammy) Ho to serve as the Company’s CEO and CFO

Employment Agreement [Member] | President [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Other Commitments, Description

Company entered into an amended and restated employment agreement with Thanh H. Lam to serve as the Company’s president for a five-year term.

Officers' Compensation

80,000

$ 80,000

Stock Issued During Period, Shares, Share-based Compensation, Gross (in Shares) | shares

200,000

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (in Shares) | shares

50,000

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period

3 years

Share Price (in Dollars per share) | $ / shares

$ 3.82

Allocated Share-based Compensation Expense

64,626

191,000

Employment Agreement [Member] | Chief Executive Officer [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Officers' Compensation

$ 100,000

100,000

Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Forfeitures (in Shares) | shares

25,000

Employment Agreement [Member] | Chief Financial Officer [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Officers' Compensation

$ 80,000

$ 80,000

Diamond Bar [Member] | Land, Buildings and Improvements [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Lessee Leasing Arrangements, Operating Leases, Term of Contract

5 years

Lessee Leasing Arrangements, Operating Leases, Renewal Term

6 years

Operating Leases, Rent Expense, Minimum Rentals

$ 42,000

Operating lease, annual rent expense increase

3.00%

Diamond Bar [Member] | Building [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Lessee Leasing Arrangements, Operating Leases, Term of Contract

5 years

Rental Income, Nonoperating

$ 73,902

$ 75,301

Diamond Bar [Member] | Building [Member] | President [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Lessee Leasing Arrangements, Operating Leases, Renewal Term

1 year

Operating Leases, Rent Expense, Minimum Rentals

$ 32,916

Bright Swallow International Group Limited [Member] | Land, Buildings and Improvements [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Lessee Leasing Arrangements, Operating Leases, Term of Contract

2 years

2 years

2 years

Operating Leases, Rent Expense, Minimum Rentals

$ 2,578

HKD 20,000

Share-based Compensation Award, Tranche One [Member] | Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche One [Member] | CEO, CFO and President [Member] | Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche One [Member] | Employment Agreement [Member] | President [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in Shares) | shares

50,000

Share-based Compensation Award, Tranche Two [Member] | Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Two [Member] | CEO, CFO and President [Member] | Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Two [Member] | Employment Agreement [Member] | President [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in Shares) | shares

50,000

Share-based Compensation Award, Tranche Three [Member] | Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Three [Member] | CEO, CFO and President [Member] | Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Three [Member] | Employment Agreement [Member] | President [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in Shares) | shares

50,000

Share-based Compensation Award, Tranche Four [Member] | Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Share-based Compensation Award, Tranche Four [Member] | CEO, CFO and President [Member] | Restricted Stock [Member]

Note 17 - Commitments and Contingencies (Details) [Line Items]

Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage

25.00%

Note 17 - Commitments and Con71

Note 17 - Commitments and Contingencies (Details) - Schedule of Future Minimum Rental Payments for Operating Leases	Dec. 31, 2016USD ($)
Schedule of Future Minimum Rental Payments for Operating Leases [Abstract]
2,017	$ 576,713
2,018	472,714
2,019	0
2,020	0
2,021	0
Thereafter	0
Total	$ 1,049,427