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Consolidated Statements of Operations - Unaudited - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
REVENUE        
Expedition $ 780,915 $ 587,270 $ 1,276,913 $ 1,236,623
Total revenue 1,073,497 587,270 1,585,233 1,236,623
OPERATING EXPENSES        
Marketing, general and administrative 1,489,196 1,749,601 2,937,403 3,379,556
Operations and research 452,875 900,799 1,473,643 2,203,315
Total operating expenses 1,942,071 2,650,400 4,411,046 5,582,871
INCOME (LOSS) FROM OPERATIONS (868,574) (2,063,130) (2,825,813) (4,346,248)
OTHER INCOME (EXPENSE)        
Interest expense (730,928) (664,735) (1,441,418) (1,379,631)
Other (10,480) 21,335 15,866 60,998
Total other income (expense) (741,408) (643,400) (1,425,552) (1,318,633)
(LOSS) BEFORE INCOME TAXES (1,609,982) (2,706,530) (4,251,365) (5,664,881)
Income tax benefit (provision) 0 0 0 0
NET (LOSS) BEFORE NON-CONTROLLING INTEREST (1,609,982) (2,706,530) (4,251,365) (5,664,881)
Non-controlling interest 968,425 789,645 1,865,047 1,548,733
NET (LOSS) $ (641,557) $ (1,916,885) $ (2,386,318) $ (4,116,148)
NET (LOSS) PER SHARE        
Basic and diluted (See NOTE B) $ (0.08) $ (0.23) $ (0.28) $ (0.51)
Weighted average number of common shares outstanding        
Basic 8,466,909 8,322,512 8,466,909 8,022,108
Diluted 8,466,909 8,322,512 8,466,909 8,022,108
Cargo and Other [Member]        
REVENUE        
Recovered cargo sales and other $ 292,582   $ 308,320