Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

Summary of Assets and Liabilities of Discontinued Operations

The following table summarizes the assets and liabilities of our former subsidiary’s discontinued operations as of December 31, 2016:

	December 31, 2016
ASSETS:
Current assets
Cash	$	24,000
Accounts receivable		1,000
Prepaid expenses and other current assets		3,000
Total assets	$	28,000
LIABILITIES :
Current liabilities
Accounts payable and accrued expenses	$	82,000
Accrued payroll - officers		36,000
Advances from related parties		10,000
Deferred revenue		24,000
Note payable		75,000
Total liabilities	$	227,000

Summary of Operations in Discontinued Operations

The following table summarizes the results of operations of our former subsidiary for the years ended December 31, 2017 and 2016 and is included in the consolidated statements of operations as discontinued operations:

	For the year ended
	December 31,
	2017			2016
Revenue	$	49,000		$	184,000
Cost of goods sold		31,000			107,000
Gross Profit		18,000			77,000
Operating Expenses:
Compensation		76,000			187,000
General and administrative		7,000			90,000
Total operating expenses		83,000			277,000
Loss from operations		(65,000	)		(200,000	)
Other Income (Expense)
Interest expense		(1,000	)		(4,000	)
Other income (expense)		(2,000	)		-
Total Other Income (Expense)		(3,000	)		(4,000	)
Loss From Operations of Discontinued Business Component	$	(68,000	)	$	(204,000	)