XML 18 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Revenue:    
Printed products $ 17,026,247 $ 17,277,172
Technology sales, services and licensing 1,635,625 1,900,427
Total revenue 18,661,872 19,177,599
Costs and expenses:    
Cost of revenue, exclusive of depreciation and amortization 11,008,882 11,119,780
Selling, general and administrative (including stock based compensation) 6,465,016 7,326,063
Depreciation and amortization 1,413,838 1,391,815
Total costs and expenses 18,887,736 19,837,658
Operating loss (225,864) (660,059)
Other income (expense):    
Interest income 4,209
Interest expense (223,321) (248,064)
Amortized debt discount (154,142) (31,150)
Loss before income taxes (599,118) (939,273)
Income tax expense (benefit) (20,962) 10,730
Net loss (578,156) (950,003)
Other comprehensive loss:    
Interest rate swap gain 22,274 18,354
Comprehensive loss: $ (555,882) $ (931,649)
Loss per common share:    
Basic and diluted $ (0.04) $ (0.07)
Shares used in computing loss per common share:    
Basic and diluted 14,424,344 13,068,329