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Segment Reporting
 9 Months Ended
Sep. 30, 2012
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

11. Segment reporting

 

Segments are defined by authoritative guidance as components of a company in which separate financial information is available and is evaluated by the chief operating decision maker, or a decision making group, in deciding how to allocate resources and in assessing performance.  Management evaluates segment performance primarily based on revenue and segment operating income.

 

The Company operates as three segments: Telecommunications Management, CyberSecurity Solutions, and IT Consulting Services and Products.

 

Segment operating income consists of the revenues generated by a segment, less the direct costs of revenue and selling, general and administrative costs that are incurred directly by the segment.  Unallocated corporate costs include shared costs related to business administrative functions that are performed in a centralized manner that are not attributable to a particular segment.  These administrative function costs include costs for corporate office support, all office facility costs, costs relating to accounting and finance, human resources, legal, marketing, information technology and company-wide business development functions, as well as costs related to overall corporate management.

 

Management does not analyze assets for decision making purposes as it relates to the segments below. Accordingly, information is not available for long-lived assets or total assets. The following tables set forth selected segment and consolidated operating results and other operating data for the periods indicated.

 

    THREE MONTHS ENDED SEPTEMBER 30, 2012  
                Consulting              
    Telecommunications     Cyber     Services and              
    Management     Security     Products     Corporate     Total  
                               
Revenues   $ 7,112,851     $ 2,327,299     $ 5,770,746     $ -     $ 15,210,896  
Income (loss) from operations     629,180       692,168       16,528       (879,040 )     458,836  
Net interest income (expense)     -       -       -       (84,410 )     (84,410 )
Net other income (expense)     -       -       -       11,091       11,091  
Net income before provision                                        
for income taxes     629,180       692,168       16,528       (952,359 )     385,517  
Net income tax provision (benefit)     -       -       -       141,809       141,809  
Net income (loss)   $ 629,180     $ 692,168     $ 16,528     $ (1,094,168 )   $ 243,708  

 

    THREE MONTHS ENDED SEPTEMBER 30, 2011  
                Consulting              
    Telecommunications     Cyber     Services and              
    Management     Security     Products     Corporate     Total  
                               
Revenues   $ 6,193,459     $ 1,577,563     $ 2,910,795     $ -     $ 10,681,817  
Income (loss) from operations     648,228       302,678       (89,185 )     (591,753 )     269,968  
Net interest income (expense)     -       -       -       (12,231 )     (12,231 )
Net other income (expense)     -       -       -       (944 )     (944 )
Net income before provision                                        
for income taxes     648,228       302,678       (89,185 )     (604,928 )     256,793  
Income tax provision (benefit)     -       -       -       38,854       38,854  
Net income (loss)   $ 648,228     $ 302,678     $ (89,185 )   $ (643,782 )   $ 217,939  

 

 

    NINE MONTHS ENDED SEPTEMBER 30, 2012  
                Consulting              
    Telecommunications     Cyber     Services and              
    Management     Security     Products     Corporate     Total  
                               
Revenues   $ 21,955,859     $ 5,614,421     $ 13,853,001     $ -     $ 41,423,281  
Income (loss) from operations     1,810,811       1,794,980       (793,707 )     (2,702,470 )     109,614  
Net interest income (expense)     -       -       -       (260,391 )     (260,391 )
Net other income (expense)     -       -       -       19,946       19,946  
Net income before provision                                        
for income taxes     1,810,811       1,794,980       (793,707 )     (2,942,915 )     (130,831 )
Income tax provision (benefit)     -       -       -       (129,880 )     (129,880 )
Net income (loss)   $ 1,810,811     $ 1,794,980     $ (793,707 )   $ (2,813,035 )   $ (951 )

 

    NINE MONTHS ENDED SEPTEMBER 30, 2011  
                Consulting              
    Telecommunications     Cyber     Services and              
    Management     Security     Products     Corporate     Total  
                               
Revenues   $ 17,959,242     $ 5,128,785     $ 8,088,793     $ -     $ 31,176,820  
Income (loss) from operations     1,573,632       875,615       (483,558 )     (1,817,020 )     148,669  
Net interest income (expense)     -       -       -       (45,417 )     (45,417 )
Net other income (expense)     -       -       -       199       199  
Net income before provision                                        
for income taxes     1,573,632       875,615       (483,558 )     (1,862,238 )     103,451  
Income tax provision (benefit)     -       -       -       (11,559 )     (11,559 )
Net income (loss)   $ 1,573,632     $ 875,615     $ (483,558 )   $ (1,850,679 )   $ 115,010