Dispositions (Tables)

9 Months Ended

Sep. 30, 2016

Business Combinations [Abstract]

Schedule of Disposal Groups Including Discontinued Operations

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

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
Revenue	$	-	$	1,353,662	$	2,746,378	$	4,037,618
Cost of services		-		282,022		642,013		892,710
Gross profit		-		1,071,640		2,104,365		3,144,908
Operating expenses:
Sales and marketing		-		203,239		177,265		746,295
Research and development		-		105,168		152,898		302,120
General and administrative		-		223,543		474,048		612,713
Total operating expenses		-		531,950		804,211		1,661,128
Operating income (loss)		-		539,690		1,300,154		1,483,780
Other income (expense), net, before gain on sale		-		-		-		-
Income (loss) before income taxes, before gain on sale		-		539,690		1,300,154		1,483,780
Income tax expense (benefit)		-		201,736		485,998		554,637
Net income (loss), before gain on sale	$	-	$	337,954	$	814,156	$	929,143
Gain on sale of discontinued operations, net of tax expense of $5,595,237		-		-		9,373,295		-
Income from discontinued operations, net of income taxes	$	-	$	337,954	$	10,187,451	$	929,143

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