10. Goodwill

12 Months Ended

Dec. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The changes in the carrying amount of goodwill and accumulated impairment losses for the years ended December 31, 2014 and 2013, respectively, are as follows:

	IntelliSys		K9 Bytes		MS Health		Jadian		Cynergy		Telecorp		Strand		Interaction		Total
Goodwill acquired during the year
Impairment losses		–		–		–												–
Balance, December 31, 2013:		53,588		87,244		114,628												255,460
Goodwill acquired during the year				–		–	399,865		65,139		428,576		206,321		508,535			1,608,436
Impairment loses		(53,588)		–		(114,628)	(318,612)		(65,139)		(428,576)		–		(508,535)			(1,489,078)
Balance, December 31, 2014:	$	–	$	87,244	$	–	$	81,253	$	–	$	–	$	206,321	$	–	$	374,818

Our subsidiaries operate as a single operating segment. The fair value of the goodwill is tested for impairment in the fourth quarter, after the annual forecasting process. Our annual forecasting resulted in impairment losses of $1,489,078 and $-0- during the years ended December 31, 2014 and 2013 respectively. We will perform our next earnings forecast during the fourth quarter of 2015, unless events occur or circumstances change that would more likely than not reduce the fair value of the reporting unit below its carrying amount. The fair value of our goodwill was estimated using the expected present value of future cash flows.