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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues $ 6,137,151 $ 7,272,133 $ 13,177,520 $ 12,930,309
Reimbursable revenues 162,502 452,224 312,605 529,578
Total revenues 6,299,653 7,724,357 13,490,125 13,459,887
Cost of goods sold 1,042,804 1,106,020 2,196,429 2,186,710
Reimbursable expenses-cost of goods sold 56,873 409,206 114,749 621,010
Total cost of goods sold 1,099,677 1,515,226 2,311,178 2,807,720
Gross margin 5,199,976 6,209,131 11,178,947 10,652,167
Operating expenses        
Salaries, benefits and related taxes 3,552,165 3,221,795 7,211,505 6,512,378
Rent and occupancy expenses 303,814 270,097 593,148 549,049
Consulting services 38,584 61,105 164,120 120,734
Legal and professional fees 87,620 93,087 308,872 240,444
Travel 197,066 203,669 397,462 491,360
Telephone and internet 41,331 36,616 71,014 75,874
Selling, general and administrative 503,294 451,377 913,050 660,266
Bad debt expense 29,639 (76,363) 26,252 (46,997)
Intangible asset impairment 79,634 0 79,634 0
Depreciation expense 86,069 82,495 163,845 162,419
Amortization expense 93,298 5,472 157,447 10,875
Total operating expenses 5,012,514 4,349,350 10,086,349 8,776,402
Operating income/(loss) 187,462 1,859,781 1,092,598 1,875,765
Other income/(expense)        
Interest expense, related parties (227,662) (233,738) (453,080) (465,197)
Interest expense (96,842) (106,754) (187,785) (214,752)
Interest income 4 585 9 586
Change in derivative liabilities 1,729,997 1,142,727 1,758,413 1,536,067
Transaction gain/(loss) (63,178) 16,810 (85,856) 22,110
Income/(loss) before income taxes 1,529,781 2,679,411 2,124,299 2,754,579
Income tax (expense) 0 0 (1,035) (1,194)
Net income/(loss) attributable to common stockholders $ 1,529,781 $ 2,679,411 $ 2,123,264 $ 2,753,385
Net income/(loss) per share        
Basic (in dollars per share) $ 0.01 $ 0.02 $ 0.01 $ 0.02
Diluted (in dollars per share) $ 0.01 $ 0.02 $ 0.01 $ 0.02
Weighted average number of shares outstanding        
Basic (in shares) 150,275,406 147,771,240 149,966,378 147,778,391
Diluted (in shares) 164,376,823 162,316,240 164,067,795 162,256,010