XML 34 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6
Geographical Information
6 Months Ended
Dec. 31, 2012
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

Note 6 — Geographical Information

 

As of December 31, 2012, the Company had two reportable diverse geographical concentrations:  US Operations and TAAG, which operates in France.  Information related to these operating segments, net of eliminations, consists of the following for the periods below:

 

    Three Months Ended
December 31, 2012
    Six Months Ended
December 31, 2012
 
    US Operations     TAAG
(France)
    US Operations     TAAG
(France)
 
                         
Revenue   $ 11,544,064     $ 2,438,034     $ 18,647,223     $ 4,876,874  
Cost of revenue     9,848,155       1,375,242       15,685,344       2,923,208  
Selling, general and administrative expenses     1,242,750       1,171,951       2,365,597       2,039,814  
Depreciation and amortization     43,191       91,723       137,467       184,105  
Income (loss) from operations   $ 409,968     $ (200,882 )   $ 458,815     $ (270,253 )

 

    As of December 31, 2012     As of June 30, 2012  
    US Operations     TAAG
(France)
    US Operations     TAAG
(France)
 
                         
Current assets   $ 10,747,171     $ 2,789,790     $ 7,765,813     $ 2,635,878  
Property and equipment, net     268,081       855,719       300,831       993,686  
Intangible assets, net and goodwill     143,075       -       65,510       -  
Other non-current assets     16,753       244,412       27,155       217,047  
Total assets   $ 11,175,080     $ 3,889,921     $ 8,159,309     $ 3,846,611  
                                 
Current liabilities   $ 9,834,640     $ 4,730,825     $ 7,468,482     $ 4,105,377  
Long term liabilities     -       609,750       -       866,625  
Total liabilities   $ 9,834,640     $ 5,340,575     $ 7,468,482     $ 4,972,002