XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Product, net $ 1,709,901 $ 864,698 $ 3,754,594 $ 3,165,690
Service, net 7,824,191 6,335,085 22,126,689 16,448,626
Total revenues, net 9,534,092 7,199,783 25,881,283 19,614,316
Cost of revenues:        
Product 885,771 409,451 1,972,520 1,479,688
Service 5,094,953 3,885,325 14,074,008 10,018,616
Cost of revenues 5,980,724 4,294,776 16,046,528 11,498,304
Gross profit 3,553,368 2,905,007 9,834,755 8,116,012
Selling, general and administrative expenses:        
Selling expenses 1,172,956 1,254,202 3,348,476 3,096,001
General and administrative expenses 1,702,110 1,409,815 4,811,844 3,863,732
Share-based compensation 4,747 8,015 28,651 48,952
Depreciation and amortization 171,308 184,627 513,766 416,936
Total selling, general and administrative expenses 3,051,121 2,856,659 8,702,737 7,425,621
Income from operations 502,247 48,348 1,132,018 690,391
Other income (expense):        
Interest expense, net (13,760) (14,347) (52,476) (39,844)
Other income 881 0 10,881 0
Total other income (expense) (12,879) (14,347) (41,595) (39,844)
Income before taxes 489,368 34,001 1,090,423 650,547
(Benefit) provision for income taxes (2,262,038) 17,537 (2,282,380) 68,315
Net income $ 2,751,406 $ 16,464 $ 3,372,803 $ 582,232
Net income per common share:        
Basic (in Dollars per share) $ 0.62 $ 0.00 $ 0.76 $ 0.14
Fully diluted (in Dollars per share) $ 0.61 $ 0.00 $ 0.75 $ 0.14
Weighted average shares:        
Basic (in Shares) 4,410,736 4,407,231 4,410,736 4,265,065
Diluted (in Shares) 4,477,403 4,407,231 4,477,403 4,265,065