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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues $ 21,644,225 $ 27,829,186 $ 45,870,933 $ 50,211,986
Cost of revenues 15,426,613 17,863,150 32,750,960 32,906,461
Research and development expenses 1,250,550 936,445 2,344,814 1,931,958
Selling and marketing expenses 1,397,374 1,545,785 2,622,790 2,977,553
General and administrative expenses 4,527,476 4,267,593 9,076,501 7,806,266
Amortization of intangible assets 705,494 887,064 1,566,267 961,183
Total operating costs and expenses 23,307,507 25,500,037 48,361,332 46,583,421
Operating income (loss) (1,663,282) 2,329,149 (2,490,399) 3,628,565
Other income 34,052 197,308 945,481 229,421
Financial expense, net (243,397) (563,647) (571,005) (682,648)
Total other income (expense) (209,345) (366,339) 374,476 (453,227)
Income (loss) before income tax expense (1,872,627) 1,962,810 (2,115,923) 3,175,338
Income tax expense 370,343 180,125 609,724 378,561
Net income (loss) (2,242,970) 1,782,685 (2,725,647) 2,796,777
Other comprehensive income, net of income tax:        
Foreign currency translation adjustment 628,860 147,192 383,346 101,109
Comprehensive income (loss) $ (1,614,110) $ 1,929,877 $ (2,342,301) $ 2,897,886
Basic net income (loss) per share (in Dollars per share) $ (0.10) $ 0.09 $ (0.12) $ 0.14
Diluted net income (loss) per share (in Dollars per share) $ (0.10) $ 0.09 $ (0.12) $ 0.14
Weighted average number of shares used in computing basic net income (loss) per share (in Shares) 23,599,230 20,311,830 23,451,687 19,892,242
Weighted average number of shares used in computing diluted net income (loss) per share (in Shares) 23,599,230 20,914,570 23,451,687 20,494,982