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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUE:      
Dental practice revenue $ 56,647,595 $ 57,167,491 $ 59,134,356
Capitation revenue 4,064,809 4,594,803 4,709,481
Total revenue 60,712,404 61,762,294 63,843,837
DIRECT EXPENSES:      
Clinical salaries and benefits 37,521,910 37,202,203 38,209,674
Dental supplies 2,641,069 2,820,462 2,965,182
Laboratory fees 3,600,542 3,489,225 3,288,426
Occupancy 6,409,158 6,279,180 5,948,384
Advertising and marketing 619,642 658,487 862,397
Depreciation and amortization 3,573,983 3,993,299 4,283,291
General and administrative 5,484,758 5,477,903 5,387,988
Total direct expense 59,851,062 59,920,759 60,945,342
Contribution from dental offices 861,342 1,841,535 2,898,495
CORPORATE EXPENSES:      
General and administrative [1] 3,850,624 3,516,657 3,677,547
Stock grant 175,000 [2] 0 0
Depreciation and amortization 161,235 210,813 241,588
OPERATING LOSS (3,325,517) (1,885,935) (1,020,640)
OTHER INCOME / (EXPENSE):      
Change in fair value of contingent liabilities 0 0 100,000
Interest (expense), net (443,640) (253,940) (105,062)
LOSS BEFORE INCOME TAXES (3,769,157) (2,139,875) (1,025,702)
Income tax benefit (1,119,926) (753,973) (321,032)
NET LOSS $ (2,649,231) $ (1,385,902) $ (704,670)
Net loss per share of Common Stock - Basic (in dollars per share) $ (1.42) $ (0.74) $ (0.38)
Net loss per share of Common Stock - Diluted (in dollars per share) (1.42) (0.74) (0.38)
Cash dividends per share of Common Stock (in dollars per share) $ 0 $ 0 $ 0.88
Weighted average number of shares of Common Stock and dilutive securities:      
Basic (in shares) 1,868,138 1,860,316 1,860,246
Diluted (in shares) 1,868,138 1,860,316 1,860,246
[1] Corporate expense - general and administrative includes $229,093 of stock-based compensation expense pursuant to ASC Topic 718 for the year ended December 31, 2015, $177,679 of stock-based compensation expense pursuant to ASC Topic 718 for the year ended December 31, 2016 and $270,207 of stock-based compensation expense pursuant to ASC Topic 718 for the year ended December 31, 2017.
[2] The Company issued 12,500 shares of Common Stock under a settlement agreement with an activist shareholder group. The shares were valued at $175,000 based on the closing price of the Common Stock on the date of the grant.