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Business Combination (Tables)
 9 Months Ended
Jun. 30, 2015
Business Acquisition [Line Items]  
Schedule of Unaudited Pro Forma Financial Information

The following table shows the Company’s unaudited pro forma financial information for the three and nine month periods ended June 30, 2015 and June 30, 2014:

 

 

 

 

Three Months Ended

June 30,

 

 

Nine Months Ended

June 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Revenue

 

$

7,052,954

 

 

$

5,359,969

 

 

$

19,367,883

 

 

$

15,320,520

 

Net income (loss)

 

 

1,017,398

 

 

 

(2,381,279

)

 

 

433,371

 

 

 

(8,057,729

)

Income (loss) per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.03

 

 

$

0.08

 

 

$

0.01

 

 

$

(0.26

)

Diluted

 

$

0.03

 

 

$

0.08

 

 

$

0.01

 

 

$

(0.26

)

 
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

 

$

604,019

 

Property, plant and equipment

 

 

42,173

 

Intangible assets

 

 

3,570,000

 

Assets acquired

 

$

4,216,192

 

Current liabilities

 

$

(475,752

)

Other liabilities

 

 

(804,106

)

Liabilities assumed

 

$

(1,279,858

)

Fair value of net assets acquired

 

$

2,936,334

 

Total consideration paid

 

 

5,819,293

 

Goodwill

 

$

2,882,959