XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
REVENUES $ 21,294,360 $ 18,463,872 $ 58,918,317 $ 55,956,617
COST OF REVENUES (including amortization and depreciation of $248,009, $318,461, $802,174, and $895,088, respectively) 17,609,287 15,087,567 48,134,084 45,859,532
GROSS PROFIT 3,685,073 3,376,305 10,784,233 10,097,085
OPERATING EXPENSES        
Sales and marketing 387,407 532,714 1,366,989 1,709,892
General and administrative expenses (including share-based compensation of $272,737, ($81,043), $593,075 and $138,036, respectively) 3,257,262 3,046,148 10,037,904 10,668,368
Product development 0 11,342 0 219,141
Depreciation and amortization 104,914 69,935 312,763 212,874
Total operating expenses 3,749,583 3,660,139 11,717,656 12,810,275
LOSS FROM OPERATIONS (64,510) (283,834) (933,423) (2,713,190)
OTHER (EXPENSE) INCOME        
Interest income 936 1,971 6,339 11,564
Interest expense (21,644) (13,985) (71,531) (36,402)
Other income (expense) 2 (1,541) 3 1,758
Total other expense (20,706) (13,555) (65,189) (23,080)
LOSS BEFORE INCOME TAX PROVISION (85,216) (297,389) (998,612) (2,736,270)
INCOME TAX PROVISION 24,795 17,212 45,743 32,723
NET LOSS $ (110,011) $ (314,601) $ (1,044,355) $ (2,768,993)
BASIC LOSS PER SHARE $ (0.00) $ (0.00) $ (0.01) $ (0.03)
BASIC WEIGHTED-AVERAGE SHARES OUTSTANDING 83,177,804 82,946,847 83,100,832 82,878,287
DILUTED LOSS PER SHARE $ (0.00) $ (0.00) $ (0.01) $ (0.03)
DILUTED WEIGHTED-AVERAGE SHARES OUTSTANDING 83,177,804 82,946,847 83,100,832 82,878,287