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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues $ 27,829,186 $ 22,396,842 $ 50,211,986 $ 44,449,973
Cost of revenues 17,863,150 16,088,195 32,906,461 32,865,162
Research and development expenses 936,445 594,785 1,931,958 1,128,170
Selling and marketing expenses 1,545,785 1,383,252 2,977,553 2,620,258
General and administrative expenses 4,267,593 2,466,247 7,806,266 4,854,058
Amortization of intangible assets 887,064 273,618 961,183 550,112
Total operating costs and expenses 25,500,037 20,806,097 46,583,421 42,017,760
Operating income 2,329,149 1,590,745 3,628,565 2,432,213
Other income, net 197,308 267,449 229,421 268,682
Financial expense, net (563,647) (113,742) (682,648) (302,879)
Total other income (expense) (366,339) 153,707 (453,227) (34,197)
Income from continuing operations before income tax expense 1,962,810 1,744,452 3,175,338 2,398,016
Income tax expense 180,125 254,125 378,561 428,902
Income from continuing operations 1,782,685 1,490,327 2,796,777 1,969,114
Loss from discontinued operations, net of income tax 0 (13,187) 0 (87,930)
Net income 1,782,685 1,477,140 2,796,777 1,881,184
Other comprehensive income, net of $0 income tax        
Foreign currency translation adjustment 147,192 58,247 101,109 269,923
Comprehensive income $ 1,929,877 $ 1,535,387 $ 2,897,886 $ 2,151,107
Income (loss) per share of common stock:        
Basic – continuing operations (in Dollars per share) $ 0.09 $ 0.10 $ 0.14 $ 0.13
Basic – discontinued operations (in Dollars per share) $ 0 $ 0 $ 0 $ (0.01)
Basic net income per share (in Dollars per share) $ 0.09 $ 0.10 $ 0.14 $ 0.12
Diluted – continuing operations (in Dollars per share) $ 0.09 $ 0.09 $ 0.14 $ 0.12
Diluted – discontinued operations (in Dollars per share) $ 0 $ 0 $ 0 $ (0.01)
Diluted net income per share (in Dollars per share) $ 0.09 $ 0.09 $ 0.14 $ 0.11
Weighted average number of shares used in computing basic net income/loss per share (in Shares) 20,311,830 15,554,199 19,892,242 15,472,667
Weighted average number of shares used in computing diluted net income/loss per share (in Shares) 20,914,570 16,146,939 20,494,982 16,075,407