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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue $ 15,680,384 $ 12,690,876 $ 42,183,611 $ 39,399,276
Cost of revenue 9,808,823 7,389,377 26,172,132 23,419,976
Gross Margin 5,871,561 5,301,499 16,011,479 15,979,300
Operating expenses:        
General and administrative expenses (3,539,481) (2,966,097) (9,690,396) (9,011,955)
Research & Development (68,062) (417,997) (422,888) (1,458,020)
Amortization, impairment and depreciation expense (1,607,116) (1,349,401) (4,420,097) (3,691,017)
Reversal of assignment of legal judgment 0 0 692,000 0
Interest expense (730,258) (516,439) (2,404,145) (1,553,858)
Total (5,944,917) (5,249,934) (16,245,526) (15,714,850)
Net (loss)/income before income taxes (73,356) 51,565 (234,047) 264,450
Provision for Income taxes 0 0 0 0
Net (loss)/income $ (73,356) $ 51,565 $ (234,047) $ 264,450
Net income per common share – basic (in Dollars per share) [1]
Net income per common share – fully diluted (in Dollars per share) [1]
Weighted average common shares – basic (in Shares) 106,991,504 103,011,774 108,213,323 102,809,840
Weighted average common shares – fully diluted (in Shares) 106,991,504 107,150,955 108,213,323 107,406,023
[1] Less than $0.01, per share