Aerkomm (AKOM) 10-K 19 Mar 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Mar. 15, 2018	Jun. 30, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	Aerkomm Inc.
Entity Central Index Key	1,590,496
Trading Symbol	AKOM
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	Yes
Entity Current Reporting Status	Yes
Entity Public Float			$ 65,741,478
Entity Common Stock, Shares Outstanding		41,460,097

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Current Assets
Cash	$ 21,504	$ 312,173
Inventories	208,674	209,729
Prepaid expenses	543,642	11,784
Other receivable - related party	46,743
Other receivable - others	412,390	891
Other current assets	6,591
Total Current Assets	1,239,544	534,577
Property and Equipment
Cost	405,319	128,917
Accumulated depreciation	(100,592)	(43,825)
Property and equipment	304,727	85,092
Construction in progress	3,250,000	3,660,000
Net Property and Equipment	3,554,727	3,745,092
Other Assets
Intangible asset, net	3,877,500	4,372,500
Goodwill	1,450,536	1,105,942
Deposits - related party	2,396	4,966
Deposits - others	141,273	801,405
Total Other Assets	5,471,705	6,284,813
Total Assets	10,265,976	10,564,482
Current Liabilities
Short-term bank loan	10,000
Accrued expenses	637,675	71,978
Other payable - related parties	1,082,395	2,955,575
Other payable - others	2,081,787	1,671,269
Total Current Liabilities	3,811,857	4,698,822
Restricted stock deposit liability	56	3,342
Total Liabilities	3,811,913	4,702,164
Commitments and Contingency
Stockholders' Equity
Preferred stock, no par value, as of December 31, 2017 and 2016, 10,000,000 shares authorized, none issued and outstanding. Preferred stock, $0.001 par value, as of December 31, 2017, 50,000,000 shares
Common stock, no par value. Authorized - 210,000,000 shares. Issued and outstanding - 98,720,060 (excluding 6,683,340 unvested restricted shares) as of December 31, 2016. Common stock, $0.001 par value. Authorized - 450,000,000 shares. Issued and outstanding - 41,418,665 (excluding 41,432 unvested restricted shares) as of December 31, 2017	41,418	4,470,839
Additional paid in capital	13,484,857	80,000
Subscribed capital	75,040	1,862,643
Accumulated deficits	(7,143,788)	(551,204)
Accumulated other comprehensive loss	(3,464)	(10)
Total Stockholders' Equity	6,454,063	5,862,268
Non-controlling interest in subsidiary		50
Total Equity	6,454,063	5,862,318
Total Liabilities and Equity	$ 10,265,976	$ 10,564,482

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
Stockholders' Equity
Preferred stock, par value	$ 0.001
Preferred stock, authorized	50,000,000	10,000,000
Preferred stock, issued
Preferred stock, outstanding
Common stock, par value	$ 0.001
Common stock, authorized	450,000,000	210,000,000
Common stock, issued	41,418,665	98,720,060
Common stock, outstanding	41,418,665	98,720,060
Restricted stock	41,432	6,683,340

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Statement [Abstract]
Net Sales			$ 6,128,900
Cost and Expenses
Cost of sales			1,337,905
Operating expenses	7,147,597	3,970,105	1,235,796
Total Cost and Expenses	7,147,597	3,970,105	2,573,701
Income (Loss) from Operations	(7,147,597)	(3,970,105)	3,555,199
Net Non-Operating Income (Loss)	23,652	(89,559)	15
Income (Loss) before Income Taxes	(7,123,945)	(4,059,664)	3,555,214
Income Tax Expense (Benefit)	8,519	(883,200)	884,800
Net Income (Loss)	(7,132,464)	(3,176,464)	2,670,414
Less: Income (Loss) Attributed to Non-Controlling Interest
Net Income (Loss) Attributable to the Company	(7,132,464)	(3,176,464)	2,670,414
Other Comprehensive Loss
Change in foreign currency translation adjustments	(3,454)	(10)
Total Comprehensive Income (Loss)	$ (7,135,918)	$ (3,176,474)	$ 2,670,414
Net Income (Loss) Per Common Share:
Basic	$ (0.1748)	$ (0.0808)	$ 0.0841
Diluted	$ (0.1748)	$ (0.0808)	$ 0.0759
Weighted Average Shares Outstanding - Basic	40,821,495	39,335,796	31,752,318
Weighted Average Shares Outstanding - Diluted	40,821,495	39,335,796	35,190,236

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($)	Total	Common Stock	Additional Paid in Capital	Subscribed Capital	Retained Earnings (Accumulated Deficits)	Accumulated Other Comprehensive Loss	Total Stockholders' Equity (Capital Deficiency)	Non Controlling Interest in Subsidiary
Beginning Balance at Dec. 31, 2014	$ (35,154)	$ 10,000			$ (45,154)		$ (35,154)
Beginning Balance, Shares at Dec. 31, 2014		6,000,000
Issuance of common stock	850,001	$ 850,001					850,001
Issuance of common stock, Shares		343,673
Issuance of stock warrant	20,000		20,000				20,000
Restricted stock vested and transferred to common stock	6,159	$ 6,159					6,159
Restricted stock vested and transferred to common stock, Shares		1,231,667
Stock compensation expense
Net loss/income	2,670,414				2,670,414		2,670,414
Ending Balance at Dec. 31, 2015	3,511,420	$ 866,160	20,000		2,625,260		3,511,420
Ending Balance, Shares at Dec. 31, 2015		7,575,340
Issuance of common stock	3,600,395	$ 3,600,395					3,600,395
Issuance of common stock, Shares		1,440,000
Issuance of stock warrant	40,000		40,000				40,000
Subscribed capital	1,862,643			1,862,643			1,862,643
Additional shares issued on stock split
Additional shares issued on stock split, Shares		81,138,060
Restricted stock vested and transferred to common stock	4,284	$ 4,284					4,284
Restricted stock vested and transferred to common stock, Shares		8,566,660
Stock compensation expense	20,000		20,000				20,000
Net loss/income	(3,176,464)				(3,176,464)		(3,176,464)
Other comprehensive loss	(10)					(10)	(10)
Non-controlling interest in subsidiary	50							50
Ending Balance at Dec. 31, 2016	5,862,268	$ 4,470,839	80,000	1,862,643	(551,204)	(10)	5,862,268	50
Ending Balance, Shares at Dec. 31, 2016		98,720,060
Reverse acquisition		$ (4,433,221)	5,756,024	(1,862,643)	539,880	10	50	(50)
Reverse acquisition, Shares		(61,101,458)
Issuance of common stock	4,387,427	$ 1,349	5,838,551	(1,452,473)			4,387,427
Issuance of common stock, Shares		1,349,247
Issuance of stock warrant	60,000		60,000				60,000
Subscribed capital	1,527,513			1,527,513			1,527,513
Restricted stock vested and transferred to common stock	3,287	$ 2,451	836				3,287
Restricted stock vested and transferred to common stock, Shares		2,450,816
Stock compensation expense	1,749,446		1,749,446				1,749,446
Net loss/income	(7,132,464)				(7,132,464)		(7,132,464)
Other comprehensive loss	(3,464)					(3,464)	(3,464)
Ending Balance at Dec. 31, 2017	$ 6,454,063	$ 41,418	$ 13,484,857	$ 75,040	$ (7,143,788)	$ (3,464)	$ 6,454,063
Ending Balance, Shares at Dec. 31, 2017		41,418,665

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash Flows From Operating Activities
Net income (loss)	$ (7,132,464)	$ (3,176,464)	$ 2,670,414
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:
Depreciation and amortization	551,767	526,460	94,444
Stock-based compensation	1,749,446	20,000
Changes in operating assets and liabilities:
Accounts receivable - related party		3,478,900	(3,478,900)
Inventories	1,055	(97,674)	(111,000)
Prepaid expenses	(521,949)	116,327	25,066
Other receivable - related party	162,335	116,180	(116,180)
Other receivable - others	(318)	11,258
Deposits - related party	2,570	(4,966)
Deposits - others	660,132	(382,534)	(389,320)
Accrued expenses	506,822	(59,940)	131,918
Other payable - related party	(2,373,180)	(1,638,890)	3,224,263
Other payable - others	392,299	(133,759)	1,043,737
Net Cash Provided by (Used for) Operating Activities	(6,001,485)	(1,225,102)	3,094,442
Cash Flows from Investing Activities
Prepaid investment			(700,000)
Purchase of property and equipment	(273,015)	(3,686,597)	(78,508)
Acquisitions of intangible assets			(4,950,000)
Acquisitions of goodwill		(319,688)
Net Cash Used for Investing Activities	(273,015)	(4,006,285)	(5,728,508)
Cash Flows from Financing Activities
Proceeds from short-term bank loan	10,000
Proceeds from issuance of common stock	4,387,428	3,600,395	864,452
Proceeds from subscribed capital	1,527,513	1,862,643
Issuance of stock warrant	60,000	40,000
Payments on repurchase of unvested restricted stock		(666)
Contribution from non-controlling interest in subsidiary		50
Net Cash Provided by Financing Activities	5,984,941	5,502,422	864,452
Net Increase (Decrease) in Cash	(289,559)	271,035	(1,769,614)
Cash from acquired subsidiaries	2,354	21,650
Cash, Beginning of Year	312,173	19,498	1,789,112
Foreign currency translation effect on cash	(3,464)	(10)
Cash, End of Year	21,504	312,173	19,498
Supplemental Disclosures of Cash Flow Information:
Cash paid during the year for income taxes	6,239	800
Cash paid during the year for interest	131
Non-cash operating, investing and financing activities:
Construction in progress transferred to other receivable	410,000
Restricted stock deposit liability transferred to common stock	3,287	4,284	6,159
Other payable to related parties transferred to common stock	2,027,400
Net payment for acquisition of subsidiaries
Cash	5,704	21,650
Inventories		1,055
Prepaid expenses	16,500	2,784
Other receivable - related party	210,259
Other receivable - others		12,149
Property and equipment, net	5,152	6,642
Goodwill	344,594	1,105,942
Other assets		20,959
Accrued expenses	(60,640)
Other payable	(518,219)	(151,131)
Non-controlling interest		(50)
Total payment for acquisition of subsidiaries	3,350	1,020,000
Transferred from prepaid investment		(700,000)
Net payment for acquisition of subsidiaries	$ 3,350	$ 320,000

Organization

Organization	12 Months Ended
	Dec. 31, 2017
Organization [Abstract]
Organization	NOTE 1 - Organization Aerkomm Inc. (formerly Maple Tree Kids Inc.) (“Aerkomm”) was incorporated on August 14, 2013 in the State of Nevada. Aerkomm was a retail distribution company selling all of its products over the internet in the United States, operating in the infant and toddler products business market. On December 28, 2016, Aircom Pacific Inc. (“Aircom”) purchased 700,000 shares of Aerkomm’s common stock, representing approximately 86.3% of Aerkomm’s issued and outstanding common stock as of the closing date of purchase. As a result of the transaction, Aircom became the controlling shareholder of Aerkomm. On February 13, 2017, Aerkomm entered into a share exchange agreement (“Exchange Agreement”) with Aircom and its shareholders, pursuant to which Aerkomm acquired 100% of the issued and outstanding capital stock of Aircom in exchange for approximately 99.7% of the issued and outstanding capital stock of Aerkomm (or 87.81% on a fully-diluted basis). As a result of the share exchange, Aircom became a wholly-owned subsidiary of Aerkomm, and the former shareholders of Aircom became the holders of approximately 99.7% of Aerkomm’s issued and outstanding capital stock. Aircom was incorporated on September 29, 2014 under the laws of the State of California. On December 31, 2014, Aircom acquired a newly incorporated subsidiary, Aircom Pacific Ltd. (“Aircom Seychelles”), a corporation formed under the laws of the Republic of Seychelles. Aircom Seychelles was formed to facilitate Aircom’s global corporate structure for both business operations and tax planning. Presently, Aircom Seychelles has no operations. Aircom is working with corporate and tax advisers in finalizing its global corporate structure and has not yet concluded its final plan. On October 17, 2016, Aircom acquired a wholly owned subsidiary, Aircom Pacific Inc. Limited (“Aircom HK”), a corporation formed under the laws of Hong Kong. The purpose of Aircom HK is to conduct Aircom’s business and operations in Hong Kong and China. Presently, its primary function is business development, both with respect to airlines as well as content providers and advertisement partners based in Hong Kong and China. Aircom HK is also actively seeking strategic partnerships whom Aircom may leverage in order to provide more and better services to its customers. Aircom also plans to provide local supports to Hong Kong-based airlines via Aircom HK and teleports located in the Hong Kong and China regions. On December 15, 2016, Aircom acquired a wholly owned subsidiary, Aircom Japan, Inc. (“Aircom Japan”), a corporation formed under the laws of Japan. The purpose of Aircom Japan is to conduct business development and operations located within Japan. Aircom Japan is in the process of applying for, and will be the holder of, Satellite Communication Blanket License in Japan, which is necessary for Aircom to provide services within Japan. Aircom Japan will also provide local supports to airlines operating within the territory of Japan. Aircom Telecom LLC (“Aircom Taiwan”), which became a wholly owned subsidiary of Aircom in December 2017, was organized under the laws of Taiwan on June 29, 2016. During the first two quarters of 2017, Aircom advanced a total of $425,000 to Aircom Taiwan, which was not during that time affiliated with Aircom, for working capital, as part of a planned $1,500,000 aggregate equity investment in Aircom Taiwan. Before Aircom Taiwan could issue equity to Aircom, because Aircom was a “foreign national” under Taiwan law, the investment must be approved by the Investment Review Committee of the Ministry of Economic affairs of Taiwan, or the Committee. Aircom entered into an Equity Pre-Subscription Agreement with Aircom Taiwan on August 13, 2017 to memorialize the terms of the proposed investment. Subsequent to June 30, 2017, Aircom advanced an additional $25,000 to Aircom Taiwan for working capital purposes. On December 19, 2017, the Committee approved Aircom’s initial equity investment (valued as of that date at NT$15,150,000, or approximately US$500,000) and the purchase of the founding owner’s total equity of NT$100,000 (approximately US$3,350). As a result, Aircom Taiwan became a wholly owned subsidiary of Aircom. Aircom Taiwan is responsible for Aircom’s business development efforts and general operations within Taiwan. We are currently planning to locate the site of our first ground station in Taiwan and we expect that if we raise sufficient funds to move forward with this project (although that cannot be guaranteed), Aircom Taiwan will play a significant role in building and operating that ground station. Aircom and its subsidiaries are full service providers of in-flight entertainment and connectivity solutions with their initial market in the Asian Pacific region. Aerkomm and its subsidiaries (“the Company”) have not generated significant revenues, excluding non-recurring revenues from affiliates in 2015, and will incur additional expenses as a result of being a public reporting company. If the Company is unable to obtain additional working capital, the Company’s business may fail. As of December 31, 2017, the Company incurred a comprehensive loss of $7,135,918 and had working capital deficiency of $2,572,313, which raises substantial doubt about its ability to continue as a going concern. Currently, the Company has taken measures that management believes will improve its financial position by financing activities, short-term borrowings and equity contributions.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2017
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 - Summary of Significant Accounting Policies Reverse Acquisition On February 13, 2017, Aerkomm completed the reverse acquisition of Aircom pursuant to the Exchange Agreement. As a result of the reverse acquisition, Aircom became Aerkomm’s wholly-owned subsidiary. For accounting purposes, the share exchange transaction with Aircom was treated as a reverse acquisition, with Aircom as the acquirer and Aerkomm as the acquired party. Unless the context suggests otherwise, “the Company” referred to for the periods prior to the consummation of the reverse acquisition is Aircom and its consolidated subsidiaries. Principle of Consolidation Aerkomm consolidates the accounts of its subsidiaries, Aircom, Aircom Seychelles, Aircom HK, Aircom Japan and Aircom Taiwan. All significant intercompany accounts and transactions have been eliminated in consolidation. All of the entities in these consolidated financial statements have adopted fiscal year-end of December 31. Reclassifications of Prior Year Presentation Certain prior year balance sheet amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations. Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results may differ from these estimates. Concentrations of Credit Risk Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash in banks and accounts receivable. As of December 31, 2017, 2016, and 2015, the total balances of cash in bank were insured by the Federal Deposit Insurance Corporation (FDIC) and foreign financial institution deposits insurance. The Company performs ongoing credit evaluation of its customers and requires no collateral. An allowance for doubtful accounts is provided based on a review of the collectability of accounts receivable. The Company determines the amount of allowance for doubtful accounts by examining the historical collection experience as well as its internal credit policies. The Company conducts extensive transactions with its related parties. Revenue for the year ended December 31, 2015 was solely from related parties. Inventories Inventories are recorded at the lower of weighted-average cost or net realizable value. The Company assesses the impact of changing technology on its inventory on hand and writes off inventories that are considered obsolete. Estimated losses on scrap and slow-moving items are recognized in the allowance for losses. Property and Equipment Property and equipment are stated at cost less accumulated depreciation. When value impairment is determined, the related assets are stated at the lower of fair value or book value. Significant additions, renewals and betterments are capitalized. Maintenance and repairs are expensed as incurred. Depreciation is computed by using the straight-line and double declining method over the following estimated service lives: computer equipment - 3 to 5 years, furniture and fixtures - 5 years and satellite equipment – 5 years. Construction costs for on-flight entertainment equipment not yet in service are recorded under construction in progress. Upon sale or disposal of property and equipment, the related cost and accumulated depreciation are removed from the corresponding accounts, with any gain or loss credited or charged to income in the period of sale or disposal. The Company reviews the carrying amount of property and equipment for impairment when events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. It determined that there was no impairment loss for each of the years in the three-year period ended December 31, 2017. Goodwill and Purchased Intangible Assets The Company’s goodwill represents the amount by which the total purchase price paid exceeded the estimated fair value of net assets acquired from acquisition of subsidiaries. The Company tests goodwill for impairment on an annual basis, or more often if events or circumstances indicate that there may be impairment. Purchased intangible assets with finite life are amortized on the straight-line basis over the estimated useful lives of respective assets. Purchased intangible assets with indefinite life are evaluated for impairment when events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Purchased intangible asset consists of satellite system software and is amortized over 10 years. Fair Value of Financial Instruments The Company utilizes the three-level valuation hierarchy for the recognition and disclosure of fair value measurements. The categorization of assets and liabilities within this hierarchy is based upon the lowest level of input that is significant to the measurement of fair value. The three levels of the hierarchy consist of the following: Level 1 - Inputs to the valuation methodology are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 - Inputs to the valuation methodology are quoted prices for similar assets and liabilities in active markets, quoted prices in markets that are not active or inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the instrument. Level 3 - Inputs to the valuation methodology are unobservable inputs based upon management’s best estimate of inputs market participants could use in pricing the asset or liability at the measurement date, including assumptions. The carrying amounts of the Company’s cash, other receivable, short-term bank loan and other payable approximated their fair value due to the short-term nature of these financial instruments. Revenue Recognition The Company recognizes sales when the earning process is completed, as evidenced by an arrangement with the customer, transfer of title and acceptance, if applicable, has occurred, as well as the price is fixed or determinable, and collection is reasonably assured. Research and Development Costs Research and development costs are charged to operating expenses as incurred. For the years ended December 31, 2017, 2016 and 2015, the Company incurred approximately $336,000, $1,597,000 and $25,000 of research and development costs, respectively. Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future based on enacted tax laws and 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. Income tax expense is the tax payable or refundable for the period plus or minus the change during the period in deferred tax assets and liabilities. Adjustments to prior period’s income tax liabilities are added to or deducted from the current period’s tax provision. The Company follows FASB guidance on uncertain tax positions and has analyzed its filing positions in all the federal, state and foreign jurisdictions where it is required to file income tax returns, as well as all open tax years in those jurisdictions. The Company files income tax returns in the US federal, state and foreign jurisdictions where it conducts business. The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material adverse effect on its consolidated financial position, results of operations, or cash flows. Therefore, no reserves for uncertain tax positions have been recorded. The Company does not expect its unrecognized tax benefits to change significantly over the next twelve months. The Company’s policy for recording interest and penalties associated with any uncertain tax positions is to record such items as a component of income before taxes. Penalties and interest paid or received, if any, are recorded as part of other operating expenses in the consolidated statement of operations. Translation Adjustments If a foreign subsidiary’s functional currency is the local currency, translation adjustments will result from the process of translating the subsidiary’s financial statements into the reporting currency of the Company. Such adjustments are accumulated and reported under other comprehensive income (loss) as a separate component of stockholder’s equity. Earnings (Loss) Per Share Basic earnings (loss) per share is computed by dividing income available to common shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by dividing income available to common shareholders by the weighted-average number of shares of common outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if the potentially dilutive securities had been issued. Potentially dilutive securities include stock warrants and outstanding stock options, shares to be purchased by employees under the Company’s employee stock purchase plan. Basic and diluted earnings (loss) per common share presented for the years ended December 31, 2017, 2016 and 2015 have taken into account the stock split in June 2016 and share exchange for reverse acquisition on February 13, 2017 (see Note 1). Subsequent Events The Company has evaluated events and transactions after the reported year-end up to March 12, 2018, the date on which these consolidated financial statements were available to be issued. All subsequent events requiring recognition as of December 31, 2017 have been included in these consolidated financial statements.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Dec. 31, 2017
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	NOTE 3 - Recent Accounting Pronouncements Financial Instruments In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”), which updates certain aspects of recognition, measurement, presentation and disclosure of financial instruments. ASU 2016-01 will be effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company is currently evaluating the impact of adopting ASU 2016-01 on its consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”), which modifies the measurement of expected credit losses of certain financial instruments. ASU 2016-13 will be effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company is currently evaluating the impact of adopting ASU 2016-13 on its consolidated financial statements. Intangibles In January 2017, the FASB issued ASU No. 2017-04, “Intangibles - Goodwill and Other” (Topic 350): Simplifying the Test for Goodwill Impairment, which goodwill shall be tested at least annually for impairment at a level of reporting referred to as a reporting unit. ASU 2017-04 will be effective for annual periods beginning after December 15, 2019. The Company is currently evaluating the impact of adopting ASU 2017-04 on its consolidated financial statements. Leases In February 2016, the FASB issued ASU No. 2016-02, “Leases” (Topic 842) (“ASU 2016-02”), which modifies lease accounting for both lessees and lessors to increase transparency and comparability by recognizing lease assets and lease liabilities by lessees for those leases classified as operating leases under previous accounting standards and disclosing key information about leasing arrangements. ASU 2016-02 will be effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, and early adoption is permitted. The Company is currently evaluating the timing of its adoption and the impact of adopting ASU 2016-02 on its consolidated financial statements. Revenue Recognition In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers” (Topic 606) (“ASU 2014-09”), which amends the existing accounting standards for revenue recognition. ASU 2014-09 is based on principles that govern the recognition of revenue at an amount an entity expects to be entitled when products are transferred to customers. ASU 2014-09 will be effective for annual periods beginning after December 15, 2017, and interim periods within that reporting period. Subsequently, the FASB issued the following standards related to ASU 2014-09: ASU No. 2016-08, “Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations” (“ASU 2016-08”); ASU No. 2016-10, “Revenue from Contracts with Customers” (Topic 606): Identifying “Performance Obligations and Licensing” (“ASU 2016-10”); and ASU No. 2016-12, “Revenue from Contracts with Customers” (Topic 606): “Narrow-Scope Improvements and Practical Expedients” (“ASU 2016-12”). The Company must adopt ASU 2016-08, ASU 2016-10 and ASU 2016-12 with ASU 2014-09 (collectively, the “new revenue standards”). The new revenue standards may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of adoption. The Company currently expects to adopt the new revenue standards in its first quarter of 2018 utilizing either a retrospective basic or modified retrospective basic method. The Company is currently evaluating the impact of adopting the new revenue standards on its consolidated financial statements. Income Taxes In October 2016, FASB issued ASU 2016-16, “Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory” (“ASU 2016-16”), which requires the recognition of the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. ASU 2016-06 will be effective for annual reporting periods beginning after December 15, 2017 and for the Company in its first quarter of 2018. The Company is currently evaluating the impact of adopting ASU 2016-16 on its consolidated financial statements.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2017
Inventories [Abstract]
Inventories	NOTE 4 - Inventories As of December 31, 2017, and 2016, inventories consisted of the following: December 31, 2017 2016 Satellite equipment for sale under construction $ 197,645 $ 197,645 Parts 11,029 11,029 Supplies 5,540 6,437 214,214 215,111 Allowance for inventory loss (5,540 ) (5,382 ) Net $ 208,674 $ 209,729

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2017
Property and Equipment [Abstract]
Property and Equipment	NOTE 5 - Property and Equipment For the years ended December 31, 2017 and 2016, the changes in cost of property and equipment were as follows: Computer Furniture and fixture Satellite Total January 1, 2016 92,285 3,393 - 95,678 Addition 26,626 6,613 - 33,239 December 31, 2016 118,911 10,006 - 128,917 Addition 992 - 275,410 276,402 December 31, 2017 $ 119,903 $ 10,006 $ 275,410 $ 405,319 As of December 31, 2016, construction in progress of $3,660,000 was the payment for the construction of ground station equipment relating to satellite communication system and in-flight system for the Company’s internal use. In 2017, one of the purchase contracts related to onboard equipment became undeliverable. Therefore, the Company reclassified the relevant payment of $410,000 recorded under construction in progress to other receivable. As a result, the balance of construction in progress was reduced to $3,250,000 as of December 31, 2017. For the years ended December 31, 2017 and 2016, the changes in accumulated depreciation for property and equipment were as follows: Computer software and equipment Furniture and fixture Satellite Total December 31, 2015 $ 12,082 $ 283 $ - $ 12,365 Addition 27,522 3,938 - 31,460 December 31, 2016 39,604 4,221 - 43,825 Addition 17,159 1,997 37,611 56,767 December 31, 2017 $ 56,763 $ 6,218 $ 37,611 $ 100,592

Intangible Asset, Net

Intangible Asset, Net	12 Months Ended
	Dec. 31, 2017
Intangible Asset, Net [Abstract]
Intangible Asset, Net	NOTE 6 - Intangible Asset, Net For the years ended December 31, 2017 and 2016, the changes in cost and accumulated amortization for intangible asset were as follows: Satellite Accumulated amortization Net Cost January 1, 2016 $ 4,950,000 $ 82,500 $ 4,867,500 Addition - 495,000 (495,000 ) December 31, 2016 4,950,000 577,500 4,372,500 Addition - 495,000 (495,000 ) December 31, 2017 $ 4,950,000 $ 1,072,500 $ 3,877,500

Short-Term Bank Loan

Short-Term Bank Loan	12 Months Ended
	Dec. 31, 2017
Short-Term Bank Loan [Abstract]
Short-term Bank Loan	NOTE 7 - Short-term Bank Loan The Company has an unsecured short-term bank credit line of $10,000, which will mature on June 14, 2018, from a local bank with an annual interest rate of 4.5% as of December 31, 2017.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2017
Income Taxes [Abstract]
Income Taxes	NOTE 8 - Income Taxes Income tax expense (benefit) for the years ended December 31, 2017, 2016 and 2015 consisted of the following: 2017 2016 2015 Current: Federal $ 3,033 $ (884,000 ) $ 884,000 State 800 800 800 Foreign 4,686 - - Total $ 8,519 $ (883,200 ) $ 884,800 The following table presents a reconciliation of the income tax at statutory tax rate and the Company’s income tax at effective tax rate for the years ended December 31, 2017, 2016 and 2015. 2017 2016 2015 Tax expense (benefit) at statutory rate $ (2,292,820 ) $ (1,158,300 ) $ 987,000 Prepayment from related parties - (286,300 ) 286,300 Net operating loss carryforwards (NOLs) 1,760,600 717,600 (345,000 ) Stock-based compensation expense 594,800 8,000 - Amortization expense (11,200 ) (168,300 ) (28,100 ) Others (42,861 ) 4,100 (15,400 ) Tax (benefit) at effective tax rate $ 8,519 $ (883,200 ) $ 884,800 Deferred tax assets (liability) as of December 31, 2017 and 2016 consist of: 2017 2016 Net operating loss carryforwards (NOLs) $ 2,057,000 $ 519,000 Stock-based compensation expense 489,000 8,000 Accrued expenses and unpaid payable 443,000 35,000 Tax credit carryforwards 68,000 63,000 Excess of tax amortization over book amortization (658,000 ) (230,000 ) 2,399,000 395,000 Valuation allowance (2,399,000 ) (395,000 ) Net $ - $ - Management does not believe the deferred tax assets will be utilized in the near future; therefore, a full valuation allowance is provided. The net change in deferred tax assets valuation allowance was an increase of $2,004,000, $9,000 and $371,000 for the years ended December 31, 2017, 2016 and 2015, respectively. As a result of the Tax Cuts and Jobs Act signed into law in December 2017, the U.S. federal corporate income tax rate is reduced to 21 percent, effective January 1, 2018. Consequently, the Company has recorded a decrease related to its deferred tax assets of $48,000. Since the Company reserved full valuation allowance to its deferred tax assets, there was no impact on income tax expense for the year ended December 31, 2017. As of December 31, 2017, the Company had federal NOLs and State NOLs of approximately $6,686,000 and $7,897,000, respectively, available to reduce future federal and state taxable income, expiring in 2037. As of December 31, 2016, the Company has Japan NOLs of approximately $326,000 available to reduce future Japan taxable income, expiring in 2019. As of December 31, 2017, the Company had approximately $37,000 of federal research and development tax credit, available to offset future federal income tax. The credit begins to expire in 2034 if not utilized. As of December 31, 2017, the Company had approximately $39,000 of California state research and development tax credit available to offset future California state income tax. The credit can be carried forward indefinitely. The Company’s ability to utilize its federal and state NOLs to offset future income taxes is subject to restrictions resulting from its prior change in ownership as defined by Internal Revenue Code Section 382. The Company does not expect to incur the limitation on NOLs utilization in future annual usage.

Capital Stock

Capital Stock	12 Months Ended
	Dec. 31, 2017
Capital Stock [Abstract]
Capital Stock	NOTE 9 - Capital Stock 1) Preferred Stock: The Company is authorized to issue 50,000,000 shares of preferred stock, with par value of $0.001. As of December 31, 2017, there were no preferred stock shares outstanding. The Board of Directors has the authority to issue preferred stock in one or more series, and in connection with the creation of any such series, by resolutions providing for the issuance of the shares thereof, to determine dividends, voting rights, conversion rights, redemption privileges and liquidation preferences. 2) Common Stock: The Company is authorized to issue 450,000,000 shares of common stock, with par value of $0.001. Aircom had restricted stock purchase agreement with certain employees or consultants with 2,890,000 shares granted on February 2, 2015. The restricted shares were issued at fair values determined by the board of directors at the grant date. According to the agreement, in the event of the voluntary termination of purchaser’s continuous service status, Aircom shall have the exclusive option to repurchase all or any portion of the unvested shares held by purchaser at the original purchase price per share and the vested shares held by purchaser at the fair market value per share as of the termination date. In February and June 2016, Aircom purchased back 133,333 unvested shares of restricted stock at $0.005 per share from terminated employees before the stock split. In June 2016, the restricted stock was split to 27,566,670 shares. On February 13, 2017, all of Aircom’s 27,566,670 restricted shares were converted to Aerkomm’s restricted stock of 10,279,738 shares at the ratio of 2.681651 to 1, pursuant to the Exchange Agreement (see Note 1). As of December 31, 2017 and 2016, the restricted shares (after share exchange) consisted of the following: December 31, 2017 2016 Restricted stock - vested 10,238,300 7,787,490 Restricted stock - unvested 41,438 2,492,248 Total restricted stock 10,279,738 10,279,738 The unvested shares of restricted stock were recorded under deposit liability account awaiting future conversion to common stock when they become vested. On March 31, 2017, the Company completed its private placement offering of 500,000 shares of common stock at a price of $3.00 per share for the aggregate amount of $1,500,000. On June 6, 2017, the Company completed its private placement offering of 60,000 shares of common stock at a price of $5.00 per share for the aggregate amount of $300,000. Additionally, on June 6, 2017, pursuant to a settlement and release agreement with Priceplay Taiwan Inc. (“PPTW”) dated March 31, 2017, among the Company, PPTW and Aircom, the Company issued 163,860 shares of its common stock to PPTW in settlement of an outstanding $819,300 obligation of Aircom to PPTW. Additionally, pursuant to a similar settlement and release agreement with Priceplay.com, Inc. (“PPUS”) dated March 31, 2017, the Company issued 147,400 shares of its common stock to PPUS in settlement of an outstanding $737,000 obligation of Aircom to PPUS, and pursuant to a third similar settlement and release agreement with Aircom and dMobile System Co. ltd. (dMobile), it issued 94,220 shares of its common stock to dMobile in settlement of an outstanding $471,100 obligation of Aircom to dMobile. In the aggregate, the Company has issued 405,480 shares to the three settlement recipients at a price of $5.00 per share for a total of $2,027,400. Including the 60,000 shares sold to individuals in the private offering, the Company issued 465,480 shares in total for an aggregate of $2,327,400. On July 5, 2017, the Company completed its first closing of a private placement offering in which it sold 5,000 shares of its common stock to Daniel Shih, the Company’s co-founder, at a price of $5.50 per share for a total of $27,500. The Company conducted additional closings in July and August for a total of $517,413. As of October 31, 2017, the total subscribed capital amounted to $544,913. On October 31, 2017, the Company completed this private placement offering of 264,086 shares of common stock at a price of $5.50 per share for the aggregate amount of $1,452,473. On November 27, 2017, the Company completed its first closing of another private placement offering in which 13,400 shares of its common stock were subscribed by Daniel Shih, the Company’s co-founder, at a price of $5.60 per share for a total of $75,040. The Company is offering a total of 892,857 shares of its common stock at a price of $5.60 per share in this offering for the aggregate amount of $5,000,000 and will pursue additional closings up to that aggregate amount through March 31, 2018. On November 30, 2017, the Company issued 80,000 and 20,000 shares of its common stock to Integra Consulting Group LLC (“Integra”) and Anthony D. Altavilla, principal of Integra, respectively, according to the Consulting Agreement signed on November 15, 2017 between the Company and Integra. 3) Stock Warrant: As of December 31, 2016, Aircom had issued stock warrants exercisable for $60,000 in value of its common stock to a service provider as payment for services. The stock warrants allow the service provider to purchase a number of shares of Aircom common stock equal $60,000 divided by 85% of the share price paid by investors for Aircom’s common stock in the first subsequent qualifying equity financing event, at an exercise price of $0.01 per share. On February 13, 2017, these stock warrants were converted to Aerkomm’s stock warrants pursuant to the Exchange Agreement (see Note 1). For the year ended December 31, 2017, Aerkomm issued additional stock warrants exercisable for $60,000 in value of Aerkomm common stock to the service provider as payment for additional services. As of December 31, 2017, the Company cumulatively recorded $120,000 as additional paid-in capital in total with respect to these warrants.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 10 - Related Party Transactions A. Name of related parties and relationships with the Company: Related Party Relationship Daniel Shih (Daniel) * Co-founder/promoter and shareholder; Aircom’s CEO and Director between February 13, 2017 and April 26, 2017; Aircom’s CFO between February 13, 2017 and May 5, 2017 Bummy Wu Shareholder Yih Lieh (Giretsu) Shih President of Aircom Japan Hao Wei Peng Employee of Aircom Taiwan dMobile System Co. Ltd. (dMobile) Daniel is the Chairman Klingon Aerospace, Inc. (Klingon) Daniel was the Chairman from February 2015 to February 2016 Law Office of Jan Yung Lin 100% owned by Jan Yung Lin (Director) Priceplay.com, Inc. (PPUS) Daniel is the Chairman Priceplay Taiwan Inc. (PPTW) Parent of PPUS Wealth Wide Int’l Ltd. (WWI) Bummy Wu is the Chairman Yun Shu Chiou Former CEO and President * Daniel has relinquished “beneficial ownership” of substantially all of his equity interests in the Company (whether held directly or indirectly) in a manner acceptable to the Company. This means that Daniel no longer, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise has or shares (i) voting power, which includes the power to vote, or to direct the voting of, securities, and/or (ii) investment power, which includes the power to dispose, or to direct the disposition of, shares of our common stock, except for a de minimus number of shares of the common stock which will continue to be beneficially owned by him by way of his being a control person in another entity that owns shares of the common stock. Daniel will, however, retain a pecuniary interest in some of the shares of the common stock over which he has relinquished voting and investment power. Daniel has also removed himself from any and all activities relating to the Company’s business, including, but not limited to managerial, directional, advisory, promotional, developmental and fund-raising activities, effective upon the effectiveness of the registration statement on Form S-1 filed with the SEC on December 20, 2017, as amended to date. Additionally, Barbie Shih (Barbie), Daniel’s wife, was not re-elected to our board of directors on December 29, 2017. As a result of these events, neither Daniel nor Barbie will maintain any active affiliation with, or material beneficial ownership interest in, the Company. B. Significant related party transactions: The Company has extensive transactions with its related parties. It is possible that the terms of these transactions are not the same as those which would result from transactions among wholly unrelated parties. a. As of December 31, 2017 and 2016, December 31, 2017 2016 Other receivable from Hao Wei Peng 1 $ 46,743 $ - Rental deposit to Daniel $ 2,396 $ 4,966 Other payable to: Klingon 2 762,000 762,000 Daniel 3 128,543 49,500 Yih Lieh (Giretsu) Shih 3 76,600 69,385 WWI 4 9,410 - PPTW - 819,300 PPUS - 737,000 dMobile - 471,100 Bummy Wu - 32,149 Others 3 105,842 15,141 Total $ 1,082,395 $ 2,955,575 1. Represents receivable from Mr. Peng due to the transactions prior to the acquisition of Aircom Telecom on December 19, 2017. The amount is subsequently collected on January 4, 2018. 2. On March 9, 2015, the Company entered into a 10-year purchase agreement with Klingon. In accordance with the terms of this agreement, Klingon agreed to purchase from the Company an initial order of onboard equipment comprising an onboard system for a purchase price of $909,000, with payments to be made in accordance with a specific milestones schedule. As of December 31, 2017 and 2016, the Company received $762,000 from Klingon in milestone payments towards the equipment purchase price. Since the project might not be successful, the Company reclassified the balance from customer prepayment to other payable due to uncertainty. 3. Represents payable to employees as a result of regular operating activities. 4. Represents rent for a warehouse in Hong Kong to store the Company’s hardware. b. For the years ended December 31, 2017, 2016 and 2015, Year Ended December 31, 2017 2016 2015 Sales to dMobile $ - $ - $ 5,478,900 PPUS - - 650,000 Total $ - $ - $ 6,128,900 100% of the Company’s sales for the year ended December 31, 2015 were to related parties. Year Ended December 31, 2017 2016 2015 Intangible purchase from dMobile $ - $ - $ 4,950,000 Legal expense paid to Law Office of Jan Yung Lin $ - $ 10,000 $ 51,431 Consulting expense paid to Yun Shu Chiou $ 55,000 $ - $ - Rental expense charged by Daniel $ 20,232 $ - $ - Rental expense charged by WWI $ 3,150 $ - $ - Aircom Japan entered into a lease agreement with Daniel, between August 1, 2014 and July 31, 2016, which was renewed to expire on July 31, 2018. Pursuant to the terms of this lease agreement, Aircom Japan pays Daniel a rental fee of approximately $1,200 per month. The Company has a lease agreement with WWI with monthly rental cost of $450. The lease term is from June 1, 2017 to May 31, 2018.

Stock Based Compensation

Stock Based Compensation	12 Months Ended
	Dec. 31, 2017
Stock Based Compensation [Abstract]
Stock Based Compensation	NOTE 11 - Stock Based Compensation In March 2014, Aircom’s Board of Directors adopted the 2014 Stock Option Plan (the “Aircom 2014 Plan”). The Aircom 2014 Plan provides for the granting of incentive stock options and non-statutory stock options to employees, consultants and outside directors of Aircom. Options granted under the Plan may be Incentive Stock Options or Nonstatutory Stock Options, as determined by the Administrator at the time of grant of an Option. On February 13, 2017, pursuant to the Exchange Agreement, Aerkomm assumed the options of Aircom 2014 Plan and agreed to issue options for an aggregate of 5,444,407 shares to Aircom’s stock option holders. One-third of Aircom 2014 Plan stock option shares will be vested as of the first anniversary of the time the option shares are granted or the employee’s acceptance to serve the Company, and 1/36th of the shares will be vested each month thereafter. Option price is determined by the Board of Directors. The Plan shall become effective upon its adoption by the Board and shall continue in effect for a term of 10 years unless sooner terminated under the terms of Aircom 2014 Plan. On May 5, 2017, the Board of Directors of Aerkomm adopted the Aerkomm Inc. 2017 Equity Incentive Plan (the “Aerkomm 2017 Plan” or, the “Plan”) and the reservation of 5,000,000 shares of the Company’s common stock for issuance under the Plan. On June 23, 2017, the Board of Directors voted to increase the number of shares of the Company’s common stock reserved for issuance under the Plan to 10,000,000 shares. The Aerkomm 2017 Plan provides for the granting of incentive stock options and non-statutory stock options to employees, consultants and outside directors of Aircom. Options granted under the Plan may be Incentive Stock Options or Nonstatutory Stock Options, as determined by the Administrator at the time of grant of an option. On June 23, 2017, the Board of Directors agreed to issue options for an aggregate of 1,455,000 shares under the Aerkomm 2017 Plan to certain officers and directors of Aerkomm. The option agreements granted on June 23, 2017 are classified into three types of vesting schedule, which includes, 1) 1/6 of the shares subject to the option shall vest commencing on the vesting start date and the remaining shares shall vest at the rate of 1/60 for the next 60 months on the same day of the month as the vesting start date; 2) 1/4 of the shares subject to the option shall vest commencing on the vesting start date and the remaining shares shall vest at the rate of 1/36 for the next 36 months on the same day of the month as the vesting start date; 3) 1/3 of the shares subject to the option shall vest commencing on the first anniversary of vesting start date and the remaining shares shall vest at the rate of 50% each year for the next two years on the same day of the month as the vesting start date. Option price is determined by the Board of Directors. The Plan has been adopted by the Board and shall continue in effect for a term of 10 years unless sooner terminated under the terms of Aerkomm 2017 Plan. The Plan has not yet been approved by Aerkomm’s stockholders. Valuation and Expense Information Measurement and recognition of compensation expense based on estimated fair values is required for all share-based payment awards made to its employees and directors including employee stock options. The Company recognized compensation expense of $1,749,447, $20,000 and $0 for the years ended December 31, 2017, 2016 and 2015, respectively, related to such employee stock options. Determining Fair Value Valuation and amortization method The Company uses the Black-Scholes option-pricing-model to estimate the fair value of stock options granted on the date of grant or modification and amortizes the fair value of stock-based compensation at the date of grant on a straight-line basis for recognizing stock compensation expense over the vesting period of the option. Expected term The expected term is the period of time that granted options are expected to be outstanding. The Company uses the SEC’s simplified method for determining the option expected term based on the Company’s historical data to estimate employee termination and options exercised. Expected dividends The Company does not plan to pay cash dividends before the options are expired. Therefore, the expected dividend yield used in the Black-Scholes option valuation model is zero. Expected volatility Since the Company has no historical volatility, it used the calculated value method which substitutes the historical volatility of a public company in the same industry to estimate the expected volatility of the Company’s share price to measure the fair value of options granted under Aircom 2014 Plan and Aerkomm 2017 Plan. Risk-free interest rate The Company based the risk-free interest rate used in the Black-Scholes option valuation model on the market yield in effect at the time of option grant provided in the Federal Reserve Board’s Statistical Releases and historical publications on the Treasury constant maturities rates for the equivalent remaining terms for Aircom 2014 Plan and Aerkomm 2017 Plan. Forfeitures The Company is required to estimate forfeitures at the time of grant and revises those estimates in subsequent periods if actual forfeitures differ from those estimates. The Company uses historical data to estimate option forfeitures and records share-based compensation expense only for those awards that are expected to vest. The Company used the following assumptions to estimate the fair value of options granted in 2017 and 2016 under Aircom 2014 Plan and Aerkomm 2017 Plan as follows: Assumptions Expected term 3 - 5 years Expected volatility 40.11% - 59.18% Expected dividends 0% Risk-free interest rate 0.71 – 2.40% Forfeiture rate 0% - 5% Aircom 2014 Plan Number of shares Weighted Average Exercise Price Per Share Weighted Average Fair Value Per Share Options outstanding at January 1, 2016 4,139,241 $ 0.0013 $ 0.0004 Granted 1,305,166 0.6704 0.2108 Exercised - - - Forfeited/Cancelled - - - Options outstanding at December 31, 2016 5,444,407 0.1617 0.0508 Granted - - Exercised (19,681 ) 0.0013 0.0004 Forfeited/Cancelled (763,418 ) 0.6550 0.2059 Options outstanding at December 31, 2017 4,661,307 0.0816 0.0256 Options exercisable at December 31, 2016 2,066,858 0.0013 0.0004 Options exercisable at December 31, 2017 3,148,972 0.0412 0.0129 A summary of the status of nonvested shares under Aircom 2014 Plan as of December 31, 2017 and 2016 was as follows: Number of Shares Weighted Per Share Options nonvested at January 1, 2016 4,139,241 $ 0.0013 Granted 1,305,166 0.6704 Vested (2,066,858 ) 0.0013 Forfeited/Cancelled - - Options nonvested at December 31, 2016 3,377,549 0.2597 Granted - - Vested (1,101,795 ) 0.1146 Forfeited/Cancelled (763,418 ) 0.6550 Options nonvested at December 31, 2017 1,512,335 0.1663 Aerkomm 2017 Plan A summary of the number of shares, weighted average exercise price and estimated fair value of options under Aerkomm 2017 Plan as of December 31, 2017 was as follows: Number of Shares Weighted Average Exercise Price Per Share Weighted Average Fair Value Per Share Options outstanding at January 1, 2017 - $ - $ - Granted 2,060,000 5.9154 3.5401 Exercised - - - Forfeited/Cancelled (795,000 ) 5.5000 3.2922 Options outstanding at December 31, 2017 1,265,000 6.1765 3.6959 Options exercisable at December 31, 2017 423,750 5.5708 3.4005 A summary of the status of nonvested shares under Aerkomm 2017 Plan as of December 31, 2017 was as follows: Number of Shares Weighted Average Exercise Price Per Share Options nonvested at January 1, 2017 - $ - Granted 2,060,000 5.9154 Forfeited/Cancelled (795,000 ) 5.5000 Options nonvested at December 31, 2017 841,250 6.4816 As of December 31, 2017, 2016 and 2015, there were approximately $5,057,000, $94,000 and $2,000, respectively, of total unrecognized compensation cost related to nonvested share-based compensation arrangements granted under Aircom 2014 Plan and Aerkomm 2017 Plan. Total unrecognized compensation cost will be adjusted for future changes in estimated forfeitures. The Company expects to recognize that cost over a weighted average period of 1 - 5 years.

Commitments and Contingency

Commitments and Contingency	12 Months Ended
	Dec. 31, 2017
Commitments and Contingency [Abstract]
Commitments and Contingency	NOTE 12 - Commitments and Contingency As of December 31, 2017, the Company’s significant commitments with non-related parties and contingency are summarized as follows: Commitments 1) The Company’s lease for its office in Fremont, California expired in May 2017, it was renewed and to expire in May 2020. Rental expense was $71,152, $62,472 and $39,045 for the years ended December 31, 2017, 2016 and 2015, respectively. As of December 31, 2017, future minimum lease payment obligation is approximately $77,000, $77,000 and $32,000 for 2018, 2019 and 2020, respectively. 2) The Company has another lease for its Japan office expiring July 2018. Rental expense was approximately $55,043 for the year ended December 31, 2017. As of December 31, 2017, future minimum lease payment obligation is $18,700, including the 8% Japan consumption tax, for 2018 until its expiration. 3) The Company assumed a lease for its Taiwan office expiring October 31, 2018 as a result of the acquisition of Aircom Taiwan. Monthly rental expense is NT$236,500 (approximately $8,000). As of December 31, 2017, future minimum lease payment obligation is NT$2,365,000 (approximately $80,000) for 2018 until its expiration. 4) In March 2017, the Company entered into a satellites service agreement (the Agreement) with a Japanese company (Company J). The agreement is effective on March 15, 2017 and will expire three years from the effective date. According to the Agreement, the Company shall prepay the total amount of $285,300 and the deposit of $95,100 on April 15, 2017. The prepayment of $285,300 shall be applied to monthly service charge by Company J based on the terms defined in the Agreement. Contingency The Company entered into a 3-year digital transmission service agreement with Asia Satellite Telecommunication Company Limited (“Asia Sat”) on July 25, 2015. As of March 31, 2017, Asia Sat stipulates that the Company is in debt of $8,013,495 to Asia Sat, which includes unpaid service fees, a default payment in the form of liquidated sum and interest. The default payment includes total future payments of $7,411,616 due through March 31, 2018, subtracting the deposit of $775,000 made to Asia Sat. The Company disagreed with the payable balance of $8,013,495 and had recorded $1,376,879 payable to Asia Sat as of March 31, 2017. On July 25, 2016, Asia Sat commenced arbitration against the Company. On November 21, 2016, the Hong Kong International Arbitration Centre (“HKIAC”) appointed a sole arbitrator to hear the dispute. On January 12, 2017, the Company introduced a counterclaim for misrepresentations made to induce entry into the Agreement. Aircom and AsiaSat reached a settlement with respect to the Agreement as of July 25, 2017, with an effective date of July 20, 2017. As of December 31, 2017, the Company has accrued the settlement liability and accounted for the net impact of the settlement.

Summary of Significant Accoun19

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Summary of Significant Accounting Policies [Abstract]
Reverse Acquisition	Reverse Acquisition On February 13, 2017, Aerkomm completed the reverse acquisition of Aircom pursuant to the Exchange Agreement. As a result of the reverse acquisition, Aircom became Aerkomm’s wholly-owned subsidiary. For accounting purposes, the share exchange transaction with Aircom was treated as a reverse acquisition, with Aircom as the acquirer and Aerkomm as the acquired party. Unless the context suggests otherwise, “the Company” referred to for the periods prior to the consummation of the reverse acquisition is Aircom and its consolidated subsidiaries.
Principle of Consolidation	Principle of Consolidation Aerkomm consolidates the accounts of its subsidiaries, Aircom, Aircom Seychelles, Aircom HK, Aircom Japan and Aircom Taiwan. All significant intercompany accounts and transactions have been eliminated in consolidation. All of the entities in these consolidated financial statements have adopted fiscal year-end of December 31.
Reclassifications of Prior Year Presentation	Reclassifications of Prior Year Presentation Certain prior year balance sheet amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results may differ from these estimates.
Concentrations of Credit Risk	Concentrations of Credit Risk Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash in banks and accounts receivable. As of December 31, 2016, and 2015, the total balances of cash in bank were insured by the Federal Deposit Insurance Corporation (FDIC) and foreign financial institution deposits insurance. The Company performs ongoing credit evaluation of its customers and requires no collateral. An allowance for doubtful accounts is provided based on a review of the collectability of accounts receivable. The Company determines the amount of allowance for doubtful accounts by examining the historical collection experience as well as its internal credit policies. The Company conducts extensive transactions with its related parties. Revenue for the year ended December 31, 2015 was solely from related parties.
Inventories	Inventories Inventories are recorded at the lower of weighted-average cost or net realizable value. The Company assesses the impact of changing technology on its inventory on hand and writes off inventories that are considered obsolete. Estimated losses on scrap and slow-moving items are recognized in the allowance for losses.
Property and Equipment	Property and Equipment Property and equipment are stated at cost less accumulated depreciation. When value impairment is determined, the related assets are stated at the lower of fair value or book value. Significant additions, renewals and betterments are capitalized. Maintenance and repairs are expensed as incurred. Depreciation is computed by using the straight-line and double declining method over the following estimated service lives: computer equipment - 3 to 5 years, furniture and fixtures - 5 years and satellite equipment – 5 years. Construction costs for on-flight entertainment equipment not yet in service are recorded under construction in progress. Upon sale or disposal of property and equipment, the related cost and accumulated depreciation are removed from the corresponding accounts, with any gain or loss credited or charged to income in the period of sale or disposal. The Company reviews the carrying amount of property and equipment for impairment when events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. It determined that there was no impairment loss for each of the years in the three-year period ended December 31, 2017.
Goodwill and Purchased Intangible Assets	Goodwill and Purchased Intangible Assets The Company’s goodwill represents the amount by which the total purchase price paid exceeded the estimated fair value of net assets acquired from acquisition of subsidiaries. The Company tests goodwill for impairment on an annual basis, or more often if events or circumstances indicate that there may be impairment. Purchased intangible assets with finite life are amortized on the straight-line basis over the estimated useful lives of respective assets. Purchased intangible assets with indefinite life are evaluated for impairment when events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Purchased intangible asset consists of satellite system software and is amortized over 10 years.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company utilizes the three-level valuation hierarchy for the recognition and disclosure of fair value measurements. The categorization of assets and liabilities within this hierarchy is based upon the lowest level of input that is significant to the measurement of fair value. The three levels of the hierarchy consist of the following: Level 1 - Inputs to the valuation methodology are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 - Inputs to the valuation methodology are quoted prices for similar assets and liabilities in active markets, quoted prices in markets that are not active or inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the instrument. Level 3 - Inputs to the valuation methodology are unobservable inputs based upon management’s best estimate of inputs market participants could use in pricing the asset or liability at the measurement date, including assumptions. The carrying amounts of the Company’s cash, other receivable, short-term bank loan and other payable approximated their fair value due to the short-term nature of these financial instruments.
Revenue Recognition	Revenue Recognition The Company recognizes sales when the earning process is completed, as evidenced by an arrangement with the customer, transfer of title and acceptance, if applicable, has occurred, as well as the price is fixed or determinable, and collection is reasonably assured.
Research and Development Costs	Research and Development Costs Research and development costs are charged to operating expenses as incurred. For the years ended December 31, 2017, 2016 and 2015, the Company incurred approximately $336,000, $1,597,000 and $25,000 of research and development costs, respectively.
Income Taxes	Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future based on enacted tax laws and 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. Income tax expense is the tax payable or refundable for the period plus or minus the change during the period in deferred tax assets and liabilities. Adjustments to prior period’s income tax liabilities are added to or deducted from the current period’s tax provision. The Company follows FASB guidance on uncertain tax positions and has analyzed its filing positions in all the federal, state and foreign jurisdictions where it is required to file income tax returns, as well as all open tax years in those jurisdictions. The Company files income tax returns in the US federal, state and foreign jurisdictions where it conducts business. The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material adverse effect on its consolidated financial position, results of operations, or cash flows. Therefore, no reserves for uncertain tax positions have been recorded. The Company does not expect its unrecognized tax benefits to change significantly over the next twelve months. The Company’s policy for recording interest and penalties associated with any uncertain tax positions is to record such items as a component of income before taxes. Penalties and interest paid or received, if any, are recorded as part of other operating expenses in the consolidated statement of operations.
Translation Adjustments	Translation Adjustments If a foreign subsidiary’s functional currency is the local currency, translation adjustments will result from the process of translating the subsidiary’s financial statements into the reporting currency of the Company. Such adjustments are accumulated and reported under other comprehensive income (loss) as a separate component of stockholder’s equity.
Earnings (Loss) Per Share	Earnings (Loss) Per Share Basic earnings (loss) per share is computed by dividing income available to common shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by dividing income available to common shareholders by the weighted-average number of shares of common outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if the potentially dilutive securities had been issued. Potentially dilutive securities include stock warrants and outstanding stock options, shares to be purchased by employees under the Company’s employee stock purchase plan. Basic and diluted earnings (loss) per common share presented for the years ended December 31, 2017, 2016 and 2015 have taken into account the stock split in June 2016 and share exchange for reverse acquisition on February 13, 2017 (see Note 1).
Subsequent Events	Subsequent Events The Company has evaluated events and transactions after the reported year-end up to March 12, 2018, the date on which these consolidated financial statements were available to be issued. All subsequent events requiring recognition as of December 31, 2017 have been included in these consolidated financial statements.

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2017
Inventories [Abstract]
Schedule of inventories	December 31, 2017 2016 Satellite equipment for sale under construction $ 197,645 $ 197,645 Parts 11,029 11,029 Supplies 5,540 6,437 214,214 215,111 Allowance for inventory loss (5,540 ) (5,382 ) Net $ 208,674 $ 209,729

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2017
Property and Equipment [Abstract]
Schedule of changes in cost of property and equipment	Computer Furniture and fixture Satellite Total January 1, 2016 92,285 3,393 - 95,678 Addition 26,626 6,613 - 33,239 December 31, 2016 118,911 10,006 - 128,917 Addition 992 - 275,410 276,402 December 31, 2017 $ 119,903 $ 10,006 $ 275,410 $ 405,319
Schedule of changes in accumulated depreciation for property and equipment	Computer software and equipment Furniture and fixture Satellite Total December 31, 2015 $ 12,082 $ 283 $ - $ 12,365 Addition 27,522 3,938 - 31,460 December 31, 2016 39,604 4,221 - 43,825 Addition 17,159 1,997 37,611 56,767 December 31, 2017 $ 56,763 $ 6,218 $ 37,611 $ 100,592

Intangible Asset, Net (Tables)

Intangible Asset, Net (Tables)	12 Months Ended
	Dec. 31, 2017
Intangible Asset, Net [Abstract]
Schedule of changes in cost and accumulated amortization for intangible asset	Satellite Accumulated amortization Net Cost January 1, 2016 $ 4,950,000 $ 82,500 $ 4,867,500 Addition - 495,000 (495,000 ) December 31, 2016 4,950,000 577,500 4,372,500 Addition - 495,000 (495,000 ) December 31, 2017 $ 4,950,000 $ 1,072,500 $ 3,877,500

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2017
Income Taxes [Abstract]
Schedule of Income tax expense (benefit)	2017 2016 2015 Current: Federal $ 3,033 $ (884,000 ) $ 884,000 State 800 800 800 Foreign 4,686 - - Total $ 8,519 $ (883,200 ) $ 884,800
Schedule of reconciliation of the income tax at statutory tax rate	2017 2016 2015 Tax expense (benefit) at statutory rate $ (2,292,820 ) $ (1,158,300 ) $ 987,000 Prepayment from related parties - (286,300 ) 286,300 Net operating loss carryforwards (NOLs) 1,760,600 717,600 (345,000 ) Stock-based compensation expense 594,800 8,000 - Amortization expense (11,200 ) (168,300 ) (28,100 ) Others (42,861 ) 4,100 (15,400 ) Tax (benefit) at effective tax rate $ 8,519 $ (883,200 ) $ 884,800
Schedule of deferred tax assets (liability)	2017 2016 Net operating loss carryforwards (NOLs) $ 2,057,000 $ 519,000 Stock-based compensation expense 489,000 8,000 Accrued expenses and unpaid payable 443,000 35,000 Tax credit carryforwards 68,000 63,000 Excess of tax amortization over book amortization (658,000 ) (230,000 ) 2,399,000 395,000 Valuation allowance (2,399,000 ) (395,000 ) Net $ - $ -

Capital Stock (Tables)

Capital Stock (Tables)	12 Months Ended
	Dec. 31, 2017
Capital Stock [Abstract]
Schedule of restricted shares (after share exchange)	December 31, 2017 2016 Restricted stock - vested 10,238,300 7,787,490 Restricted stock - unvested 41,438 2,492,248 Total restricted stock 10,279,738 10,279,738

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Schedule of name of related parties and relationships	Related Party Relationship Daniel Shih (Daniel) * Co-founder/promoter and shareholder; Aircom’s CEO and Director between February 13, 2017 and April 26, 2017; Aircom’s CFO between February 13, 2017 and May 5, 2017 Bummy Wu Shareholder Yih Lieh (Giretsu) Shih President of Aircom Japan Hao Wei Peng Employee of Aircom Taiwan dMobile System Co. Ltd. (dMobile) Daniel is the Chairman Klingon Aerospace, Inc. (Klingon) Daniel was the Chairman from February 2015 to February 2016 Law Office of Jan Yung Lin 100% owned by Jan Yung Lin (Director) Priceplay.com, Inc. (PPUS) Daniel is the Chairman Priceplay Taiwan Inc. (PPTW) Parent of PPUS Wealth Wide Int’l Ltd. (WWI) Bummy Wu is the Chairman Yun Shu Chiou Former CEO and President * Daniel has relinquished “beneficial ownership” of substantially all of his equity interests in the Company (whether held directly or indirectly) in a manner acceptable to the Company. This means that Daniel no longer, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise has or shares (i) voting power, which includes the power to vote, or to direct the voting of, securities, and/or (ii) investment power, which includes the power to dispose, or to direct the disposition of, shares of our common stock, except for a de minimus number of shares of the common stock which will continue to be beneficially owned by him by way of his being a control person in another entity that owns shares of the common stock. Daniel will, however, retain a pecuniary interest in some of the shares of the common stock over which he has relinquished voting and investment power. Daniel has also removed himself from any and all activities relating to the Company’s business, including, but not limited to managerial, directional, advisory, promotional, developmental and fund-raising activities, effective upon the effectiveness of the registration statement on Form S-1 filed with the SEC on December 20, 2017, as amended to date. Additionally, Barbie Shih (Barbie), Daniel’s wife, was not re-elected to our board of directors on December 29, 2017. As a result of these events, neither Daniel nor Barbie will maintain any active affiliation with, or material beneficial ownership interest in, the Company.
Schedule of significant related party transactions	a. As of December 31, 2017 and 2016, December 31, 2017 2016 Other receivable from Hao Wei Peng 1 $ 46,743 $ - Rental deposit to Daniel $ 2,396 $ 4,966 Other payable to: Klingon 2 762,000 762,000 Daniel 3 128,543 49,500 Yih Lieh (Giretsu) Shih 3 76,600 69,385 WWI 4 9,410 - PPTW - 819,300 PPUS - 737,000 dMobile - 471,100 Bummy Wu - 32,149 Others 3 105,842 15,141 Total $ 1,082,395 $ 2,955,575 1. Represents receivable from Mr. Peng due to the transactions prior to the acquisition of Aircom Telecom on December 19, 2017. The amount is subsequently collected on January 4, 2018. 2. On March 9, 2015, the Company entered into a 10-year purchase agreement with Klingon. In accordance with the terms of this agreement, Klingon agreed to purchase from the Company an initial order of onboard equipment comprising an onboard system for a purchase price of $909,000, with payments to be made in accordance with a specific milestones schedule. As of December 31, 2017 and 2016, the Company received $762,000 from Klingon in milestone payments towards the equipment purchase price. Since the project might not be successful, the Company reclassified the balance from customer prepayment to other payable due to uncertainty. 3. Represents payable to employees as a result of regular operating activities. 4. Represents rent for a warehouse in Hong Kong to store the Company’s hardware. b. For the years ended December 31, 2017, 2016 and 2015, Year Ended December 31, 2017 2016 2015 Sales to dMobile $ - $ - $ 5,478,900 PPUS - - 650,000 Total $ - $ - $ 6,128,900

Stock Based Compensation (Table

Stock Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of estimate the fair value of options granted	Assumptions Expected term 3 - 5 years Expected volatility 40.11% - 59.18% Expected dividends 0% Risk-free interest rate 0.71 – 2.40% Forfeiture rate 0% - 5%
Aircom 2014 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of weighted average exercise price and estimated fair value of options	Number of shares Weighted Average Exercise Price Per Share Weighted Average Fair Value Per Share Options outstanding at January 1, 2016 4,139,241 $ 0.0013 $ 0.0004 Granted 1,305,166 0.6704 0.2108 Exercised - - - Forfeited/Cancelled - - - Options outstanding at December 31, 2016 5,444,407 0.1617 0.0508 Granted - - - Exercised (19,681 ) 0.0013 0.0004 Forfeited/Cancelled (763,418 ) 0.6550 0.2059 Options outstanding at December 31, 2017 4,661,307 0.0816 0.0256 Options exercisable at December 31, 2016 2,066,858 0.0013 0.0004 Options exercisable at December 31, 2017 3,148,972 0.0412 0.0129
Summary of nonvested shares	Number of Shares Weighted Per Share Options nonvested at January 1, 2016 4,139,241 $ 0.0013 Granted 1,305,166 0.6704 Vested (2,066,858 ) 0.0013 Forfeited/Cancelled - - Options nonvested at December 31, 2016 3,377,549 0.2597 Granted - - Vested (1,101,795 ) 0.1146 Forfeited/Cancelled (763,418 ) 0.6550 Options nonvested at December 31, 2017 1,512,335 0.1663
Aerkomm 2017 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of weighted average exercise price and estimated fair value of options	Number of Shares Weighted Average Exercise Price Per Share Weighted Average Fair Value Per Share Options outstanding at January 1, 2017 - $ - $ - Granted 2,060,000 5.9154 3.5401 Exercised - - - Forfeited/Cancelled (795,000 ) 5.5000 3.2922 Options outstanding at December 31, 2017 1,265,000 6.1765 3.6959 Options exercisable at December 31, 2017 423,750 5.5708 3.4005
Summary of nonvested shares	Number of Shares Weighted Average Exercise Price Per Share Options nonvested at January 1, 2017 - $ - Granted 2,060,000 5.9154 Vested (423,750 ) 5.5708 Forfeited/Cancelled (795,000 ) 5.5000 Options nonvested at December 31, 2017 841,250 6.4816

Organization (Details)

Organization (Details)	1 Months Ended		12 Months Ended
	Feb. 13, 2017	Dec. 28, 2016shares	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 19, 2017USD ($)	Dec. 19, 2017TWD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2014USD ($)
Organization (Textual)
Stock purchase agreement | shares		700,000
Acquisition, description	On February 13, 2017, Aerkomm entered into a share exchange agreement ("Exchange Agreement") with Aircom and its shareholders, pursuant to which Aerkomm acquired 100% of the issued and outstanding capital stock of Aircom in exchange for approximately 99.7% of the issued and outstanding capital stock of Aerkomm (or 87.81% on a fully-diluted basis). As a result of the share exchange, Aircom became a wholly-owned subsidiary of Aerkomm, and the former shareholders of Aircom became the holders of approximately 99.7% of Aerkomm's issued and outstanding capital stock.
Common stock shares	99.70%	86.30%
Working capital deficiency			$ 2,572,313					$ 425,000
Total owners equity			6,454,063	$ 5,862,268	$ 3,511,420				$ (35,154)
Comprehensive loss			$ (7,135,918)	$ (3,176,474)	$ 2,670,414
Aerkomm [Member]
Organization (Textual)
Common stock shares	100.00%
Aircom [Member]
Organization (Textual)
Common stock shares	99.70%
Aggregate initial equity investment						$ 500,000	$ 15,150,000	$ 1,500,000
Total owners equity						$ 3,350	$ 100,000

Summary of Significant Accoun28

Summary of Significant Accounting Policies (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Purchased intangible asset consists of satellite system software and is amortized, useful life			10 years
Research and development costs	$ 336,000	$ 1,579,000	$ 25,000
Furniture and fixtures [Member]
Property and equipment, useful life	5 years
Computer equipment [Member] | Minimum [Member]
Property and equipment, useful life	3 years
Computer equipment [Member] | Maximum [Member]
Property and equipment, useful life	5 years
Satellite equipment [Member]
Property and equipment, useful life	5 years

Inventories (Details)

Inventories (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Inventories [Abstract]
Satellite equipment for sale under construction	$ 197,645	$ 197,645
Parts	11,029	11,029
Supplies	5,540	6,437
Gross	214,214	215,111
Allowance for inventory loss	(5,540)	(5,382)
Net	$ 208,674	$ 209,729

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Beginning balance	$ 128,917	$ 95,678
Addition	276,402	33,239
Ending balance	405,319	128,917
Computer software and equipment [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	118,911	92,285
Addition	992	26,626
Ending balance	119,903	118,911
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	10,006	3,393
Addition		6,613
Ending balance	10,006	10,006
Satellite Equipment [Member]
Property, Plant and Equipment [Line Items]
Beginning balance
Addition	275,410
Ending balance	$ 275,410

Property and Equipment (Detai31

Property and Equipment (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Beginning balance	$ 43,825	$ 12,365
Addition	56,767	31,460
Ending balance	100,592	43,825
Computer software and equipment [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	39,604	12,082
Addition	17,159	27,522
Ending balance	56,763	39,604
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Beginning balance	4,221	283
Addition	1,997	3,938
Ending balance	6,218	4,221
Satellite Equipment [Member]
Property, Plant and Equipment [Line Items]
Beginning balance
Addition	37,611
Ending balance	$ 37,611

Property and Equipment (Detai32

Property and Equipment (Details Textual)	Dec. 31, 2017USD ($)
Property and Equipment (Textual)
Construction in progress - Beginning	$ 3,660,000
Construction in progress to other receivable	410,000
Construction in progress - Ending	$ 3,250,000

Intangible Asset, Net (Details)

Intangible Asset, Net (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Intangible Asset Net [Line Items]
Beginning balance	$ 4,372,500	$ 4,867,500
Addition	(495,000)	(495,000)
Ending balance	3,877,500	4,372,500
Satellite System software [Member]
Intangible Asset Net [Line Items]
Beginning balance	4,950,000	4,950,000
Addition
Ending balance	4,950,000	4,950,000
Accumulated amortization [Member]
Intangible Asset Net [Line Items]
Beginning balance	577,500	82,500
Addition	495,000	495,000
Ending balance	$ 1,072,500	$ 577,500

Short-Term Bank Loan (Details)

Short-Term Bank Loan (Details) - Short-term bank credit [Member]	12 Months Ended
	Dec. 31, 2017USD ($)
Short-Term Bank Loan (Textual)
Short-term bank credit line	$ 10,000
Maturity date	Jun. 14, 2018
Annual interest rate	4.50%

Income Taxes (Details)

Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Current:
Federal	$ 3,033	$ (884,000)	$ 884,000
State	800	800	800
Foreign	4,686
Total	$ 8,519	$ (883,200)	$ 884,800

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Taxes [Abstract]
Tax expense (benefit) at statutory rate	$ (2,292,820)	$ (1,158,300)	$ 987,000
Prepayment from related parties		(286,300)	286,300
Net operating loss carryforwards (NOLs)	1,760,600	717,600	(345,000)
Stock-based compensation expense	594,800	8,000
Amortization expense	(11,200)	(168,300)	(28,100)
Others	(42,861)	4,100	(15,400)
Tax (benefit) at effective tax rate	$ 8,519	$ (883,200)	$ 884,800

Income Taxes (Details 2)

Income Taxes (Details 2) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Income Taxes [Abstract]
Net operating loss carryforwards (NOLs)	$ 2,057,000	$ 519,000
Stock-based compensation expense	489,000	8,000
Accrued expenses and unpaid payable	443,000	35,000
Tax credit carryforwards	68,000	63,000
Excess of tax amortization over book amortization	(658,000)	(230,000)
Gross	2,399,000	395,000
Valuation allowance	(2,399,000)	(395,000)
Net

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Taxes (Textual)
Change in deferred tax assets valuation allowance	$ 2,004,000	$ 9,000	$ 371,000
Federal research and development tax credit [Member]
Income Taxes (Textual)
Research and development tax credit	$ 37,000
Expiring date, description	The credit begins to expire in 2034 if not utilized.
California state research and development tax credit [Member]
Income Taxes (Textual)
Research and development tax credit	$ 39,000
State [Member]
Income Taxes (Textual)
Net operating loss	$ 7,897,000
Expiring date, description	Expiring in 2037.
Federal [Member]
Income Taxes (Textual)
Net operating loss	$ 6,686,000
Expiring date, description	Expiring in 2037.
Japan [Member]
Income Taxes (Textual)
Net operating loss		$ 326,000
Expiring date, description		Expiring in 2019.

Capital Stock (Details)

Capital Stock (Details) - Restricted Stock [Member] - shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Restricted stock - vested	10,238,300	7,787,490
Restricted stock - unvested	41,438	2,492,248
Total restricted stock	10,279,738	10,279,738

Capital Stock (Details Textual)

Capital Stock (Details Textual) - USD ($)	Jul. 05, 2017	Jun. 06, 2017	Feb. 02, 2015	Nov. 27, 2017	Oct. 31, 2017	Aug. 31, 2017	Mar. 31, 2017	Feb. 13, 2017	Jun. 30, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Nov. 30, 2017	Feb. 29, 2016
Capital Stock (Textual)
Preferred stock, par value										$ 0.001
Preferred stock, authorized										50,000,000	10,000,000
Common stock, par value										$ 0.001
Common stock, authorized										450,000,000	210,000,000
Common stock, issued										41,418,665	98,720,060
Shares of restricted stock, granted			2,890,000
Unvested shares of restricted stock, repurchased									133,333					133,333
Unvested per shares of restricted stock									$ 0.005					$ 0.005
Restricted stock of split shares									27,566,670
Conversion of restricted stock, description								On February 13, 2017, all of Aircom's 27,566,670 restricted shares were converted to Aerkomm's restricted stock of 10,279,738 shares at the ratio of 2.681651 to 1, pursuant to the Exchange Agreement (see Note 1).
Private placement offering common shares				892,857
Private placement share aggregate amount				$ 5,000,000
Common stock price per shares				$ 5.60
Additional paid-in capital warrants										$ 60,000	$ 40,000	$ 20,000
Anthony D [Member]
Capital Stock (Textual)
Common stock, issued													80,000
Integra Consulting Group LLC [Member]
Capital Stock (Textual)
Common stock, issued													20,000
Private placement [Member]
Capital Stock (Textual)
Private placement offering common shares		60,000			264,086		500,000
Private placement share aggregate amount	$ 27,500	$ 300,000			$ 1,452,473		$ 1,500,000
Common stock price per shares	$ 5.5	$ 5		$ 5.60	$ 5.50		$ 3
Share aggregate value		$ 2,327,400
Shares issued		465,480
Shares sold	5,000	60,000				517,413
Subscribed capital					$ 544,913
Warrants [Member]
Capital Stock (Textual)
Conversion of restricted stock, description											The stock warrants allow the service provider to purchase a number of shares of Aircom common stock equal $60,000 divided by 85% of the share price paid by investors for Aircom's common stock in the first subsequent qualifying equity financing event, at an exercise price of $0.01 per share.
Additional paid-in capital warrants										60,000
Cumulative additional paid-in capital related to warrants										$ 120,000	$ 60,000
Daniel Shih [Member] | Private placement [Member]
Capital Stock (Textual)
Private placement offering common shares	5,000			13,400
Private placement share aggregate amount	$ 27,500			$ 75,040
Settlement and release agreement [Member] | Total [Member]
Capital Stock (Textual)
Common stock price per shares		$ 5
Share aggregate value		$ 2,027,400
Shares issued		405,480
Settlement and release agreement [Member] | Priceplay Taiwan Inc. ("PPTW") [Member]
Capital Stock (Textual)
Share aggregate value		$ 819,300
Shares issued		163,860
Settlement and release agreement [Member] | Priceplay.com, Inc. (PPUS) [Member]
Capital Stock (Textual)
Share aggregate value		$ 737,000
Shares issued		147,400
Settlement and release agreement [Member] | dMobile [Member]
Capital Stock (Textual)
Share aggregate value		$ 471,100
Shares issued		94,220

Related Party Transactions (Det

Related Party Transactions (Details)	12 Months Ended
	Dec. 31, 2017
Daniel Shih (Daniel) [Member]
Related Party Transaction [Line Items]
Relationship	Co-founder/promoter and shareholder; Aircom’s CEO and Director between February 13, 2017 and April 26, 2017; Aircom’s CFO between February 13, 2017 and May 5, 2017	[1]
Bummy Wu [Member]
Related Party Transaction [Line Items]
Relationship	Shareholder
Yih Lieh (Giretsu) Shih [Member]
Related Party Transaction [Line Items]
Relationship	President of Aircom Japan
Hao Wei Peng [Member]
Related Party Transaction [Line Items]
Relationship	Employee of Aircom Taiwan
dMobile System Co. Ltd. (dMobile) [Member]
Related Party Transaction [Line Items]
Relationship	Daniel is the Chairman
Klingon Aerospace, Inc. (Klingon) [Member]
Related Party Transaction [Line Items]
Relationship	Daniel was the Chairman from February 2015 to February 2016
Law Office of Jan Yung Lin [Member]
Related Party Transaction [Line Items]
Relationship	100% owned by Jan Yung Lin (Director)
Priceplay.com, Inc. (PPUS) [Member]
Related Party Transaction [Line Items]
Relationship	Daniel is the Chairman
Priceplay Taiwan Inc. (PPTW) [Member]
Related Party Transaction [Line Items]
Relationship	Parent of PPUS
Wealth Wide Int'l Ltd. (WWI) [Member]
Related Party Transaction [Line Items]
Relationship	Bummy Wu is the Chairman
Yun Shu Chiou [Member]
Related Party Transaction [Line Items]
Relationship	Former CEO and President
[1]	Daniel has relinquished "beneficial ownership" of substantially all of his equity interests in our company (whether held directly or indirectly) in a manner acceptable to the Company. This means that Daniel no longer, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise has or shares (i) voting power, which includes the power to vote, or to direct the voting of, securities, and/or (ii) investment power, which includes the power to dispose, or to direct the disposition of, shares of our common stock, except for a de minimus number of shares of the common stock which will continue to be beneficially owned by him by way of his being a control person in another entity that owns shares of the common stock. Daniel will, however, retain a pecuniary interest in some of the shares of the common stock over which he has relinquished voting and investment power. Daniel has also removed himself from any and all activities relating to the Company's business, including, but not limited to managerial, directional, advisory, promotional, developmental and fund-raising activities, effective upon the effectiveness of the registration statement on Form S-1 filed with the SEC on December 20, 2017, as amended to date. Additionally, Barbie Shih (Barbie), Daniel's wife, was not re-elected to our board of directors on December 29, 2017. As a result of these events, neither Daniel nor Barbie will maintain any active affiliation with, or material beneficial ownership interest in, the company.

Related Party Transactions (D42

Related Party Transactions (Details 1) - USD ($)		Dec. 31, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Other receivable		$ 46,743
Other payable		1,082,395	2,955,575
Klingon [Member]
Related Party Transaction [Line Items]
Other payable	[1]	762,000	762,000
Daniel [Member]
Related Party Transaction [Line Items]
Rental deposit		2,396	4,966
Other payable	[2]	128,543	49,500
Yih Lieh (Giretsu) Shih [Member]
Related Party Transaction [Line Items]
Other payable	[2]	76,600	69,385
WWI [Member]
Related Party Transaction [Line Items]
Other payable	[3]	9,410
PPTW [Member]
Related Party Transaction [Line Items]
Other payable			819,300
PPUS [Member]
Related Party Transaction [Line Items]
Other payable			737,000
dMobile [Member]
Related Party Transaction [Line Items]
Other payable			471,100
Bummy Wu [Member]
Related Party Transaction [Line Items]
Other payable			32,149
Others [Member]
Related Party Transaction [Line Items]
Other payable	[2]	105,842	15,141
Hao Wei Peng [Member]
Related Party Transaction [Line Items]
Other receivable	[4]	$ 46,743
[1]	On March 9, 2015, the Company entered into a 10-year purchase agreement with Klingon. In accordance with the terms of this agreement, Klingon agreed to purchase from the Company an initial order of onboard equipment comprising an onboard system for a purchase price of $909,000, with payments to be made in accordance with a specific milestones schedule. As of December 31, 2017 and 2016, the Company received $762,000 from Klingon in milestone payments towards the equipment purchase price. Since the project might not be successful, the Company reclassified the balance from customer prepayment to other payable due to uncertainty.
[2]	Represents payable to employees as a result of regular operating activities.
[3]	Represents rent for a warehouse in Hong Kong to store the Company's hardware.
[4]	Represents receivable from Mr. Peng due to the transactions prior to the acquisition of Aircom Telecom on December 19, 2017. The amount is subsequently collected on January 4, 2018.

Related Party Transactions (D43

Related Party Transactions (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Sales			$ 6,128,900
dMobile [Member]
Related Party Transaction [Line Items]
Sales			5,478,900
PPUS [Member]
Related Party Transaction [Line Items]
Sales			$ 650,000

Related Party Transactions (D44

Related Party Transactions (Details 3) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
dMobile [Member]
Related Party Transaction [Line Items]
Intangible purchase			$ 4,950,000
Jan Yung Lin [Member]
Related Party Transaction [Line Items]
Legal expenses paid to Law Office		10,000	51,431
Yun Shu Chiou [Member]
Related Party Transaction [Line Items]
Consulting expense paid	55,000
Daniel [Member]
Related Party Transaction [Line Items]
Rental expense charged	20,232
WWI [Member]
Related Party Transaction [Line Items]
Rental expense charged	$ 3,150

Related Party Transactions (D45

Related Party Transactions (Details Textual) - USD ($)		Mar. 09, 2015	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Related Party Transactions (Textual)
Rental fee, per month			$ 1,200
Lease agreement, description			Aircom Japan entered into a lease agreement with Daniel, between August 1, 2014 and July 31, 2016, which was renewed to expire on July 31, 2018.
Sales to related parties					100.00%
Purchase price of equipment			$ 273,015	$ 3,686,597	$ 78,508
Other payable			1,082,395	2,955,575
Klingon [Member]
Related Party Transactions (Textual)
Purchase agreement periods		10 years
Purchase price of equipment		$ 909,000
Other payable	[1]		$ 762,000	762,000
WWI [Member]
Related Party Transactions (Textual)
Lease agreement, description			The Company has a lease agreement with WWI with the monthly rental cost of $450. The lease term is from June 1, 2017 to May 31, 2018.
Other payable	[2]		$ 9,410
[1]	On March 9, 2015, the Company entered into a 10-year purchase agreement with Klingon. In accordance with the terms of this agreement, Klingon agreed to purchase from the Company an initial order of onboard equipment comprising an onboard system for a purchase price of $909,000, with payments to be made in accordance with a specific milestones schedule. As of December 31, 2017 and 2016, the Company received $762,000 from Klingon in milestone payments towards the equipment purchase price. Since the project might not be successful, the Company reclassified the balance from customer prepayment to other payable due to uncertainty.
[2]	Represents rent for a warehouse in Hong Kong to store the Company's hardware.

Stock Based Compensation (Detai

Stock Based Compensation (Details) - Aircom 2014 Plan and Aerkomm 2017 Plan [Member]	12 Months Ended
	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividends	0.00%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term	3 years
Expected volatility	40.11%
Risk-free interest rate	0.71%
Forfeiture rate	0.00%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term	5 years
Expected volatility	59.18%
Risk-free interest rate	2.40%
Forfeiture rate	5.00%

Stock Based Compensation (Det47

Stock Based Compensation (Details 1) - Aircom 2014 Plan [Member] - $ / shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Number of shares
Outstanding, Beginning	5,444,407	4,139,241
Granted		1,305,166
Exercised	(19,681)
Forfeited/Cancelled	(763,418)
Outstanding, Ending	4,661,307	5,444,407
Exercisable, Ending	3,148,972	2,066,858
Weighted Average Exercise Price Per Share
Outstanding, Beginning	$ 0.1617	$ 0.0013
Granted		0.6704
Exercised	0.0013
Forfeited/Cancelled	0.6550
Outstanding, Ending	0.0816	0.1617
Exercisable, Ending	0.0412	0.0013
Weighted Average Fair Value Per Share
Outstanding Options, beginning	0.0508	0.0004
Granted		0.2108
Exercised	0.0004
Forfeited/Cancelled	0.2059
Outstanding Options, Ending	0.0256	0.0508
Exercisable, Ending	$ 0.0129	$ 0.0004

Stock Based Compensation (Det48

Stock Based Compensation (Details 2) - Nonvested Shares [Member] - Aircom 2014 Plan [Member] - $ / shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Number of Shares
Outstanding, Beginning	3,377,549	4,139,241
Granted		1,305,166
Vested	(1,101,795)	(2,066,858)
Forfeited/Cancelled	(763,418)
Outstanding, Ending	1,512,335	3,377,549
Weighted Average Exercise Price Per Share
Outstanding Options, beginning	$ 0.2597	$ 0.0013
Granted		0.6704
Vested	0.1146	0.0013
Forfeited/Cancelled	0.6550
Outstanding Options, Ending	$ 0.1663	$ 0.2597

Stock Based Compensation (Det49

Stock Based Compensation (Details 3) - Aircom 2017 Plan [Member]	12 Months Ended
	Dec. 31, 2017$ / sharesshares
Number of shares
Outstanding, Beginning | shares
Granted | shares	2,060,000
Exercised | shares
Forfeited/Cancelled | shares	(795,000)
Outstanding, Ending | shares	1,265,000
Exercisable, Ending | shares	423,750
Weighted Average Exercise Price Per Share
Outstanding, Beginning
Granted	5.9154
Exercised
Forfeited/Cancelled	5.5000
Outstanding, Ending	6.1765
Exercisable, Ending	5.5708
Weighted Average Fair Value Per Share
Outstanding Options, beginning
Granted	3.5401
Exercised
Forfeited/Cancelled	3.2922
Outstanding Options, Ending	3.6959
Exercisable, Ending	$ 3.4005

Stock Based Compensation (Det50

Stock Based Compensation (Details 4) - Nonvested Shares [Member] - Aerkomm 2017 [Member]	12 Months Ended
	Dec. 31, 2017$ / sharesshares
Number of Shares
Outstanding, Beginning | shares
Granted | shares	2,060,000
Vested | shares	(423,750)
Forfeited/Cancelled | shares	(795,000)
Outstanding, Ending | shares	841,250
Weighted Average Exercise Price Per Share
Outstanding Options, beginning | $ / shares
Granted | $ / shares	5.9154
Vested | $ / shares	5.5708
Forfeited/Cancelled | $ / shares	5.5000
Outstanding Options, Ending | $ / shares	$ 6.4816

Stock Based Compensation (Det51

Stock Based Compensation (Details Textual) - USD ($)	1 Months Ended	12 Months Ended
	Jun. 23, 2017	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	May 05, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option aggregate shares		5,444,407
Stock-based compensation		$ 1,749,446	$ 20,000
Unrecognized compensation cost		$ 5,057,000	$ 94,000	$ 2,000
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognize weighted average period		1 year
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognize weighted average period		5 years
Aerkomm 2017 [Member] | Board of Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance shares of common stock	10,000,000				5,000,000
Aggregate shares issue	1,455,000
Aerkomm 2014 Plan [Member] | Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Description of plan agreements	Which includes, 1) 1/6 of the shares subject to the option shall vest commencing on the vesting start date and the remaining shares shall vest at the rate of 1/60 for the next 60 months on the same day of the month as the vesting start date; 2) 1/4 of the shares subject to the option shall vest commencing on the vesting start date and the remaining shares shall vest at the rate of 1/36 for the next 36 months on the same day of the month as the vesting start date; 3) 1/3 of the shares subject to the option shall vest commencing on the first anniversary of vesting start date and the remaining shares shall vest at the rate of 50% each year for the next two years on the same day of the month as the vesting start date.	The Company, and 1/36th of the shares will be vested each month thereafter. Option price is determined by the Board of Directors. The Plan shall become effective upon its adoption by the Board and shall continue in effect for a term of 10 years unless sooner terminated under the terms of Aircom 2014 Plan.

Commitments and Contingency (De

Commitments and Contingency (Details)	Apr. 15, 2017USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2017ILS (₪)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2017ILS (₪)	Mar. 31, 2017USD ($)
Commitments and Contingencie (Textual)
Lease expiration year, description		Expired in May 2017, it was renewed and to expire in May 2020.	Expired in May 2017, it was renewed and to expire in May 2020.
Lease term		3 years	3 years
Future minimum lease payment, Current year		$ 77,000
Future minimum lease payment, Second year		77,000
Future minimum lease payment, Third year		32,000
Japan office [Member]
Commitments and Contingencie (Textual)
Lease rental expenses		55,043
Future minimum lease payment, Current year		$ 18,700
Consumption tax rate description		The 8% Japan consumption tax.	The 8% Japan consumption tax.
Asia Sat [Member]
Commitments and Contingencie (Textual)
Debt amount							$ 8,013,495
Total future payments							7,411,616
Deposit							775,000
Wrongly recorded payable balance							$ 1,376,879
California [Member]
Commitments and Contingencie (Textual)
Lease rental expenses		$ 71,152		$ 62,472	$ 39,045
Taiwan [Member]
Commitments and Contingencie (Textual)
Lease expiration year, description		Expiring October 31, 2018	Expiring October 31, 2018
Lease rental expenses		$ 8,000	₪ 236,500
Total future payments		$ 80,000				₪ 2,365,000
Satellites service agreement [Member]
Commitments and Contingencie (Textual)
Lease effective date		Mar. 15, 2017	Mar. 15, 2017
Prepay outstanding amount	$ 285,300
Deposit	$ 95,100