4. Asset Purchase Acquisitions (Tables)

12 Months Ended

Dec. 31, 2014

Interaction Technology, Inc.

Business Acquisition [Line Items]

Schedule of Assets Acquired and Liabilities Assumed

	December 29,
	2014
Consideration:
Cash paid at closing	$	250,000
Subordinated promissory note(1)		150,000
Seller financed note payable (2)		200,000
Fair value of total consideration exchanged	$	600,000
Fair value of identifiable assets/(liabilities) acquired assumed:
Current assets	$	4,175
Software		52,200
Contracts		24,800
Trademark		18,000
Deferred revenue liability		(8,510	)
Total fair value of assets assumed		91,465
Consideration paid in excess of fair value (Goodwill)(3)	$	508,535

Unaudited Supplemental Pro Forma Results of Operations

	Combined Pro Forma:
	For the 12 months ended
	December 31,
	2014			2013
Revenue:	$	2,098,269		$	1,457,134
Expenses:
Operating expenses		7,041,089			3,600,915
Net operating loss		(4,942,820	)		(2,143,781	)
Other income (expense)		(2,268,996	)		(657,287	)
Net loss	$	(7,211,816	)	$	(2,801,068	)
Weighted average number of common shares
Outstanding – basic and fully diluted		8,504,489			253,610
Net loss per share – basic and fully diluted	$	(0.85	)	$	(11.04	)

Strand, Inc.

Business Acquisition [Line Items]

Schedule of Assets Acquired and Liabilities Assumed

	July,
	2014
Consideration:
Cash paid at, and prior to, closing	$	100,000
Seller financed note payable(1)(2)		85,000
		185,000
Fair value of identifiable liabilities acquired:
Deferred revenue		36,638
Fair value of total consideration exchanged	$	221,638
Fair value of identifiable assets acquired assumed:
Software	$	9,447
Trade name		5,870
Total fair value of assets assumed		15,317
Consideration paid in excess of fair value (Goodwill)(3)	$	206,321

Unaudited Supplemental Pro Forma Results of Operations

	Combined Pro Forma:
	For the 12 months ended December 31,
	2014			2013
Revenue:	$	1,724,945		$	900,742
Expenses:
Operating expenses		7,044,595			3,609,116
Net operating income (loss)		(5,319,650	)		(2,708,374	)
Other income (expense)		(2,269,968	)		(659,059	)
Net income (loss)	$	(7,589,345	)	$	(3,367,733	)
Weighted average number of common shares outstanding – basic and fully diluted		8,504,489			253,610
Net income (loss) per share – basic and fully diluted	$	(0.89	)	$	(13.30	)

Zinergy

Business Acquisition [Line Items]

Schedule of Assets Acquired and Liabilities Assumed

	April 4,
	2014
Consideration:
Cash paid at, and prior to, closing	$	75,000
Fair value of identifiable assets acquired assumed:
Software	$	8,035
Trade name		1,826
Total fair value of assets assumed		9,861
Consideration paid in excess of fair value (Goodwill)(1)	$	65,139

Jadian, Inc.

Business Acquisition [Line Items]

Schedule of Assets Acquired and Liabilities Assumed

	May 9,
	2014
Consideration:
Cash paid at, and prior to, closing	$	215,000
Seller financed note payable(1)(2)		210,000
Adjustments to cash paid at closing(3)		(7,055	)
		417,945
Fair value of identifiable liabilities acquired:
Deferred revenue		86,423
Fair value of total consideration exchanged	$	504,368
Fair value of identifiable assets acquired assumed:
Accounts receivable	$	42,382
Software		37,180
Trade name		24,941
Total fair value of assets assumed		104,503
Consideration paid in excess of fair value (Goodwill)(4)	$	399,865

Unaudited Supplemental Pro Forma Results of Operations

	Combined Pro Forma:
	For the 12 months ended December 31,
	2014			2013
Revenue:	$	1,729,127		$	1,008,084
Expenses:
Operating expenses		7,100,879			3,715,426
Net operating income (loss)		(5,371,752	)		(2,707,342	)
Other income (expense)		(2,272,930	)		(665,243	)
Net income (loss)	$	(7,644,682	)	$	(3,372,585	)
Weighted average number of common shares outstanding – basic and fully diluted		8,504,489			253,610
Net income (loss) per share – basic and fully diluted	$	(0.90	)	$	(13.30	)

Telecorp Products, Inc.

Business Acquisition [Line Items]

Schedule of Assets Acquired and Liabilities Assumed

	February 28,
	2014
Consideration:
Cash paid at, and prior to, closing	$	200,000
Seller financed note payable(1)(2)		120,000
Excess liability adjustment to seller financed note payable(3)		(18,000	)
		302,000
Fair value of identifiable liabilities acquired:
Accounts payable and accrued expenses		43,500
Deferred revenue		162,016
Line of credit		24,500
Fair value of total consideration exchanged	$	532,016
Fair value of identifiable assets acquired assumed:
Cash	$	736
Other current assets		823
Technology-based intangible assets		72,490
Trade name		29,390
Total fair value of assets assumed		103,439
Consideration paid in excess of fair value (Goodwill)(4)	$	428,577

Unaudited Supplemental Pro Forma Results of Operations

	Combined pro Forma:
	For the 12 months ended December 31,
	2014			2013
Revenue:	$	1,648,955		$	1,038,678
Expenses:
Operating expenses		7,042,077			3,824,831
Net operating income (loss)		(5,393,122	)		(2,786,153	)
Other income (expense)		(2,268,872	)		(657,984	)
Net income (loss)	$	(7,661,994	)	$	(3,444,137	)
Weighted average number of common shares outstanding – basic and fully diluted		8,504,489			253,610
Net income (loss) per share – basic and fully diluted	$	(0.90	)	$	(13.58	)