Unaudited Quarterly Financial Information (Tables)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Schedule of Consolidated Financial Statements

The information presented in the following tables has been updated to reflect the effects of the restatement of our financial results, which is more fully described in “Note 2—Restatement” to our consolidated financial statements.

	For the Quarter Ended
	March 31, 2017			June 30, 2017			September 30, 2017			December 31, 2017
	(Restated)			(Restated)			(Restated)
Statement of Operations:
Revenue	$	3,369,612		$	4,049,497		$	4,446,540		$	3,730,010
Cost of revenue		1,180,733			1,491,383			1,716,740			1,571,367
Selling, general and administrative expenses		1,497,517			1,237,335			1,102,373			1,897,090
Depreciation and amortization expense		938,022			899,373			907,837			931,366
Total operating costs and expenses		3,616,272			3,628,091			3,726,950			4,399,823
Operating income (loss)		(246,660	)		421,406			719,590			(669,813	)
Other income (expense)
Interest income		209			426			3,092			4,995
Interest expense		(259,025	)		(215,103	)		(224,510	)		(207,352	)
Other income		43,669
Gain (loss) on disposition of assets		(5,828	)		17,995			-			-
Provision for related party note receivable								(6,979,043	)		-
Recovery on related party note receivable											717,709
Total other expense		(220,975	)		(196,682	)		(7,200,461	)		515,352
Net income (loss)		(467,635	)		224,724			(6,480,871	)		(154,461	)
Earnings (loss) per common share - basic	$	(0.02	)	$	0.01		$	(0.26	)	$	(0.01	)
Earnings (loss) per common share - diluted	$	(0.02	)	$	0.01		$	(0.26	)	$	(0.01	)
Weighted average common shares outstanding - basic		24,196,299			24,197,148			24,617,272			24,268,409
Weighted average common shares outstanding - diluted		24,196,299			24,197,148			24,617,272			24,268,409
Balance Sheet:
Current assets	$	5,098,664		$	5,539,348		$	6,569,426		$	6,350,564
Total assets		28,937,040			28,520,693			22,368,853			21,308,644
Current liabilities		3,595,827			3,628,168			8,629,615			7,666,905
Total liabilities		16,028,535			15,212,107			15,393,495			14,373,280
Total shareholders’ equity		12,908,505			13,308,586			6,975,358			6,935,364
Total liabilities and shareholders’ equity		28,937,040			28,520,693			22,368,853			21,308,644

	For the Quarter Ended
	March 31, 2018			June 30, 2018			September 30, 2018			December 31, 2018
	(Restated)			(Restated)			(Restated)
Statement of Operations:
Revenue	$	4,600,293		$	5,398,923		$	4,765,361		$	3,480,635
Cost of revenue		1,798,944			1,942,671			1,665,774			1,669,955
Selling, general and administrative expenses		1,697,663			1,426,985			1,866,833			2,115,951
Depreciation and amortization expense		936,027			941,683			942,473			940,048
Total operating costs and expenses		4,432,634			4,311,339			4,475,080			4,725,954
Operating income (loss)		167,659			1,087,584			290,281			(1,245,319	)
Other income (expense)
Interest income		6,141			7,873			16,066			24,927
Interest expense		(191,553	)		(182,497	)		(178,642	)		(220,988	)
Gain (loss) on disposition of assets											(14,013	)
Recovery on related party note receivable		-			-			-			377,746
Total other expense		(185,412	)		(174,624	)		(162,576	)		167,672
Net income (loss) before income taxes		(17,753	)		912,960			127,705			(1,077,647	)
Income tax expense		-			-			-			3,640
Net income (loss)		(17,753	)		912,960			127,705			(1,081,287	)
Earnings (loss) per common share - basic	$	(0.00	)	$	0.04		$	0.01		$	(0.04	)
Earnings (loss) per common share - diluted	$	(0.00	)	$	0.04		$	0.01		$	(0.04	)
Weighted average common shares outstanding - basic		24,535,155			24,535,155			24,542,551			24,608,967
Weighted average common shares outstanding - diluted		25,140,646			25,140,467			25,162,445			24,608,967
Balance Sheet:
Current assets	$	6,641,784		$	7,390,328		$	8,325,683		$	7,675,186
Total assets		20,756,951			20,601,382			20,678,650			19,639,193
Current liabilities		9,055,574			8,945,406			9,827,142			5,931,980
Total liabilities		13,702,323			12,530,467			12,348,163			12,228,974
Total shareholders’ equity		7,054,628			8,070,915			8,330,487			7,410,219
Total liabilities and shareholders’ equity		20,756,951			20,601,382			20,678,650			19,639,193

Schedule of Unaudited Quarterly Statements

The effect of the restatement on the unaudited quarterly results are as follows:

	For the Quarter Ended March 31, 2017									For the Quarter Ended June 30, 2017
	As Reported			Restatement Adjustment			As Restated			As Reported			Restatement Adjustment			As Restated
Statement of Operations:
Revenue	$	3,369,612		$	-		$	3,369,612		$	4,049,497		$	-		$	4,049,497
Cost of revenue		1,180,733			-			1,180,733			1,491,383			-			1,491,383
Selling, general and administrative expenses		1,497,517			-			1,497,517			1,237,335			-			1,237,335
Depreciation and amortization expense		938,022			-			938,022			899,373			-			899,373
Total operating costs and expenses		3,616,272			-			3,616,272			3,628,091			-			3,628,091
Operating income (loss)		(246,660	)		-			(246,660	)		421,406			-			421,406
Other income (expense)
Interest income		81,859			(81,650	)		209			82,509			(82,083	)		426
Interest expense		(259,025	)		-			(259,025	)		(215,103	)		-			(215,103	)
Gain (loss) on disposition of assets		(5,828	)		-			(5,828	)		17,995						17,995
Other income		43,669			-			43,669			-						-
Total other expense		(139,325	)		(81,650	)		(220,975	)		(114,599	)		(82,083	)		(196,682	)
Net income (loss)		(385,985	)		(81,650	)		(467,635	)		306,807			(82,083	)		224,724
Earnings (loss) per common share - basic	$	(0.02	)	$	-		$	(0.02	)	$	0.01		$	-		$	0.01
Earnings (loss) per common share - diluted	$	(0.02	)	$	-		$	(0.02	)	$	0.01		$	-		$	0.01
Weighted average common shares outstanding - basic		24,196,299			-			24,196,299			24,197,148			-			24,197,148
Weighted average common shares outstanding - diluted		24,196,299			-			24,196,299			24,197,148			-			24,197,148
Balance Sheet:
Current assets	$	5,180,314		$	(81,650	)	$	5,098,664		$	5,703,081		$	(163,733	)	$	5,539,348
Total assets		29,786,364			(849,324	)		28,937,040			29,452,100			(931,407	)		28,520,693
Current liabilities		3,595,827			-			3,595,827			3,628,168			-			3,628,168
Total liabilities		16,028,535			-			16,028,535			15,212,107			-			15,212,107
Total shareholders’ equity		13,757,829			(849,324	)		12,908,505			14,239,993			(931,407	)		13,308,586
Total liabilities and shareholders’ equity		29,786,364			(849,324	)		28,937,040			29,452,100			(931,407	)		28,520,693
Statement of Cash Flows:
Net income (loss)		(385,985	)		(81,650	)		(467,635	)		306,807			(82,083	)		224,724
Prepaid expenses and other noncurrent assets		(53,229	)		81,650			28,421			(151,549	)		82,083			(69,466	)
Net change in operating activities		(835,805	)		-			(835,805	)		(315,642	)		-			(315,642	)

	For the Quarter Ended September 30, 2017									For the Quarter Ended March 31, 2018
	As Reported			Restatement Adjustment			As Restated			As Reported			Restatement Adjustment			As Restated
Statement of Operations:
Revenue	$	4,446,540		$	-		$	4,446,540		$	4,600,293		$	-		$	4,600,293
Cost of revenue		1,716,740			-			1,716,740			1,798,944			-			1,798,944
Selling, general and administrative expenses		1,102,373			-			1,102,373			1,697,663			-			1,697,663
Depreciation and amortization expense		907,837			-			907,837			936,027			-			936,027
Total operating costs and expenses		3,726,950			-			3,726,950			4,432,634			-			4,432,634
Operating income (loss)		719,590			-			719,590			167,659			-			167,659
Other income (expense)
Provision for related party note receivable		-			(6,979,043	)		(6,979,043	)		-			-			-
Interest income		90,959			(87,867	)		3,092			92,428			(86,287	)		6,141
Interest expense		(224,510	)		-			(224,510	)		(191,553	)		-			(191,553	)
Total other expense		(133,551	)		(7,066,910	)		(7,200,461	)		(99,125	)		(86,287	)		(185,412	)
Net income (loss)		586,039			(7,066,910	)		(6,480,871	)		68,534			(86,287	)		(17,753	)
Earnings (loss) per common share - basic	$	0.02		$	-		$	(0.27	)	$	0.00		$	-		$	(0.00	)
Earnings (loss) per common share - diluted	$	0.02		$	-		$	(0.27	)	$	0.00		$	-		$	(0.00	)
Weighted average common shares outstanding - basic		24,261,272			-			24,261,272			24,535,155			-			24,535,155
Weighted average common shares outstanding - diluted		24,261,272			-			24,261,272			25,140,646			-			25,140,646
Balance Sheet:
Current assets	$	6,821,026		$	(251,600	)	$	6,569,426		$	6,728,071		$	(86,287	)	$	6,641,784
Total assets		30,367,172			(7,998,317	)		22,368,855			28,210,450			(7,453,499	)		20,756,951
Current liabilities		8,629,615			-			8,629,615			9,055,574			-			9,055,574
Total liabilities		15,393,495			-			15,393,495			13,702,323			-			13,702,323
Total shareholders’ equity		14,973,677			(7,998,317	)		6,975,360			14,508,127			(7,453,499	)		7,054,628
Total liabilities and shareholders’ equity		30,367,172			(7,998,317	)		22,368,855			28,210,450			(7,453,499	)		20,756,951
Statement of Cash Flows:
Net income (loss)		586,039			(7,066,910	)		(6,480,871	)		68,534			(86,287	)		(17,753	)
Provision for related party note receivable		-			6,979,043			6,979,043			-			-			-
Prepaid expenses and other noncurrent assets		(315,845	)		87,867			(227,978	)		(54,991	)		86,287			31,296
Net change in operating activities		1,350,592			-			1,350,592			520,848			-			520,848

	For the Quarter Ended June 30, 2018									For the Quarter Ended September 30, 2018
	As Reported			Restatement Adjustment			As Restated			As Reported			Restatement Adjustment			As Restated
Statement of Operations:
Revenue	$	5,398,923		$	-		$	5,398,923		$	4,765,361		$	-		$	4,765,361
Cost of revenue		1,942,671			-			1,942,671			1,665,774			-			1,665,774
Selling, general and administrative expenses		1,426,985			-			1,426,985			1,866,833			-			1,866,833
Depreciation and amortization expense		941,683			-			941,683			942,473			-			942,473
Total operating costs and expenses		4,311,339			-			4,311,339			4,475,080			-			4,475,080
Operating income (loss)		1,087,584			-			1,087,584			290,281			-			290,281
Other income (expense)
Interest income		99,711			(91,838	)		7,873			113,555			(97,489	)		16,066
Interest expense		(182,497	)		-			(182,497	)		(178,642	)		-			(178,642	)
Total other expense		(82,786	)		(91,838	)		(174,624	)		(65,087	)		(97,489	)		(162,576	)
Net income (loss)		1,004,798			(91,838	)		912,960			225,194			(97,489	)		127,705
Earnings (loss) per common share - basic	$	0.04		$	-		$	0.04		$	0.01		$	-		$	0.01
Earnings (loss) per common share - diluted	$	0.04		$	-		$	0.04		$	0.01		$	-		$	0.01
Weighted average common shares outstanding - basic		24,535,155						24,535,155			24,542,551						24,542,551
Weighted average common shares outstanding - diluted		25,140,467						25,140,467			25,162,445						25,162,445
Balance Sheet:
Current assets	$	7,568,453		$	(178,125	)	$	7,390,328		$	8,601,297		$	(275,614	)	$	8,325,683
Total assets		28,146,719			(7,545,337	)		20,601,382			28,321,476			(7,642,826	)		20,678,650
Current liabilities		8,945,406			-			8,945,406			9,827,142			-			9,827,142
Total liabilities		12,530,467			-			12,530,467			12,348,163			-			12,348,163
Total shareholders’ equity		15,616,252			(7,545,337	)		8,070,915			15,973,313			(7,642,826	)		8,330,487
Total liabilities and shareholders’ equity		28,146,719			(7,545,337	)		20,601,382			28,321,476			(7,642,826	)		20,678,650
Statement of Cash Flows:
Net income (loss)		1,004,798			(91,838	)		912,960			225,194			(97,489	)		127,705
Prepaid expenses and other noncurrent assets		(219,348	)		91,838			(127,510	)		-			-			-
Interest receivable		-			-			-			(275,614	)		97,489			(178,125	)
Net change in operating activities		2,092,897			-			2,092,897			520,848			-			520,848