XML 61 R48.htm IDEA: XBRL DOCUMENT v3.3.1.900
Business Combinations (Details 2) - Soft-ex Communications Limited [Member] - USD ($)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Business Combination Segment Allocation [Line Items]    
Revenues, net [1] $ 55,255,000 $ 52,570,000
Net loss [1] $ (8,822,000) $ (1,160,000)
Basic (loss) earnings per share (in dollars per share) $ (0.121) $ (0.018)
Diluted (loss) earnings per share (in dollars per share) $ (0.121) $ (0.018)
[1] To reflect on a pro forma basis unaudited consolidated financial information for the two years ended December 31, 2014 and 2013 for WidePoint. Prior to fiscal 2014, SCL’s fiscal year end was April 30, 2014. During fiscal 2014 SCL changed its fiscal year end to December 31st. The unaudited financial information presented herein were derived from historical internally prepared financial statements for SCL and WidePoint’s Form 10-K audited financial statements. SCL’s financial statements are prepared in accordance with Irish GAAP, as such additional adjustments were made to convert SCL Irish GAAP presentation to a US GAAP presentation to align with WidePoint’s accounting policies. SCL’s reporting currency unit is the Euro. SCL’s US GAAP unaudited historical statement of operations for the two years ended December 31, 2014 and 2013 were translated into WidePoint’s reporting currency using an average USD/EURO rate of $1.3293, and $1.3279, respectively.