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Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Operating Segments

The Company evaluated performance of its operating segments based on revenue and operating profit (loss). Segment information for the three and six months ended June 30, 2019 and 2018 and as of June 30, 2019 and December 31, 2018, are as follows:

		Surge				TW				Total
Three Months ended June 30, 2019
Revenue		$	2,169,349			$	1,285,071			$	3,454,420
Cost of revenue			(1,552,073	)			(759,682	)			(2,311,755	)
Gross margin			617,276				525,389				1,142,665
Costs and expenses			(2,687,959	)			(986,410	)			(3,674,369	)
Operating income (loss)			(2,070,683	)			(461,021	)			(2,531,704	)
Three Months ended June 30, 2018
Revenue		$	735,214			$	3,430,898			$	3,430,898
Cost of revenue			(615,008	)			(1,751,067	)			(1,751,067	)
Gross margin			120,206				1,679,831				1,679,831
Costs and expenses			(770,267	)			(1,271,311	)			(1,271,311	)
Operating income			(650,061	)			408,520				408,520
Six Months ended June 30, 2019
Revenue		$	3,311,101			$	4,082,093			$	7,393,194
Cost of revenue			(2,291,481	)			(2,499,841	)			(4,791,322	)
Gross margin			1,019,620				1,582,252				2,601,872
Costs and expenses			(4,235,154	)			(2,010,534	)			(6,245,688	)
Operating income (loss)			(3,215,534	)			(428,282	)			(3,643,816	)
Six Months ended June 30, 2018
Revenue		$	735,214			$	6,750,349			$	7,485,563
Cost of revenue			(615,008	)			(3,305,262	)			(3,920,270	)
Gross margin			120,206				3,445,087				3,565,293
Costs and expenses			(770,267	)			(2,578,697	)			(3,348,964	)
Operating income			(650,061	)			866,390				216,329
June 30, 2019
Total assets		$	2,363,611			$	2,884,690			$	5,248,301
Total liabilities			3,492,424				3,580,595				7,073,019
December 31, 2018
Total assets		$	947,550			$	3,136,768			$	4,084,318
Total liabilities			2,694,258				3,378,293				6,072,551

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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- References

No definition available.

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