Dispositions (Tables)

6 Months Ended

Jun. 30, 2016

Business Combinations [Abstract]

Schedule of Disposal Groups Including Discontinued Operations

Financial information for the SMTP email relay business for the three and six months ended June 30, 2016 and 2015, are presented in the following table:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2016		2015		2016		2015
Revenue	$	1,339,102	$	1,323,062	$	2,746,378	$	2,683,956
Cost of services		335,166		276,898		642,013		610,688
Gross profit		1,003,936		1,046,164		2,104,365		2,073,268
Operating expenses:
Sales and marketing		103,516		240,038		177,265		543,056
Research and development		79,845		83,936		152,898		196,952
General and administrative		231,137		188,578		474,048		389,170
Total operating expenses		414,498		512,552		804,211		1,129,178
Operating income (loss)		589,438		533,612		1,300,154		944,090
Other income (expense), net, before gain on sale		-		-		-		-
Income (loss) before income taxes, before gain on sale		589,438		533,612		1,300,154		944,090
Income tax expense (benefit)		220,332		199,464		485,998		352,901
Net income (loss), before gain on sale	$	369,106	$	334,148	$	814,156	$	591,189
Gain on sale of discontinued operations, net of tax expense of $5,595,237		9,373,295		-		9,373,295		-
Income from discontinued operations, net of income taxes	$	9,742,401	$	334,148	$	10,187,451	$	591,189

Schedule of Disposal Group Including Discontinued Operation Balance Sheet

The assets and liabilities of discontinued operations are stated separately as of December 31, 2015, in the Condensed Consolidated Statements of Financial Position (Unaudited) and are comprised of the following items:

	December 31, 2015
Assets
Other current assets	$	45,697
Total current assets held for sale		45,697
Property and equipment, net		251,565
Total assets held for sale	$	297,262
Liabilities and Shareholders’ Equity
Deferred revenue		369,941
Total liabilities held for sale	$	369,941