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Business Combination (Tables)
3 Months Ended
Dec. 31, 2015
ID Checker [Member]  
Business Acquisition [Line Items]  
Schedule of Estimated Fair Values of Assets acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as part of the Acquisition as of June 17, 2015:

 

 

 

June 17, 2015

 

Current assets

 

$

619,949

 

Property, plant and equipment

 

 

42,173

 

Intangible assets

 

 

3,570,000

 

Assets acquired

 

$

4,232,122

 

Current liabilities

 

$

(475,752

)

Other liabilities

 

 

(809,754

)

Liabilities assumed

 

$

(1,285,506

)

Fair value of net assets acquired

 

$

2,946,616

 

Total consideration paid

 

 

5,819,293

 

Goodwill before effect in exchange rates

 

$

2,872,677

 

Effect of movements in exchange rates

 

 

(65,827

)

Goodwill

 

$

2,806,850