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Business Combinations (Tables) | 3 Months Ended
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Mar. 31, 2015
Business Combinations [Abstract] |
Business Acquisition, Pro Forma Information [Table Text Block] | The following unaudited pro forma condensed consolidated statements of operations of WidePoint for the three month periods ended March 31, 2014 have been prepared as if the acquisition of SCL had occurred at January 1, 2014:
|  | THREE MONTHS ENDED |
|  | MARCH 31, |
|  | 2014 |
|  | (a) |
|  | (Unaudited) |
Revenues, net |  | $ | 10,802,000 |
Net (loss) income |  | $ | (822,000) | (b)
Basic (loss) earnings per share |  | $ | (0.012) |
Diluted (loss) earnings per share |  | $ | (0.012) |
(a) To reflect on a pro forma basis unaudited consolidated financial information for the three month period ended March 31, 2014 for WidePoint. The unaudited financial information presented herein were derived from historical internally prepared financial statements for SCL and WidePoint’s Form 10-Q quarterly unaudited financial statements. SCL’s financial statements are prepared in accordance with Irish GAAP, as such additional adjustments were made to convert SCL Irish GAAP presentation to a US GAAP presentation to align with WidePoint’s accounting policies. SCL’s reporting currency unit is the Euro. SCL’s US GAAP unaudited historical statement of operations for the three month period ended March 31, 2014 were translated into WidePoint’s reporting currency using an average USD/EURO rate of $1.1283. (b) As more fully described above under “purchase consideration”, in conjunction with the share sale and purchase agreement with SCL, WidePoint issued a subordinated unsecured loan Note in the principal amount of $1.0 million. Pro forma interest expense was calculated for this Note under the assumption that the probability of failing to generate adequate gross revenues is considered remote at this time based on projection available at the time of the transaction. Pro forma interest expense adjustments included for each of the three month period ended March 31, 2014 was approximately $7,500, respectively.

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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