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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | [1]
Income Statement [Abstract] |  |  |  |
Revenues | $ 5,984,440 | $ 4,418,186 | $ 10,178,869 | $ 7,493,535
Cost of revenues | 4,273,396 | 2,586,549 | 7,268,079 | 4,401,256
Gross profit | 1,711,044 | 1,831,637 | 2,910,790 | 3,092,279
Operating expense: |  |  |  |
General and administrative expenses | 2,302,981 | 1,219,452 | 4,754,187 | 2,651,358
Research and development | 107,107 | 264,707 | 297,552 | 602,106
Total operating expense | 2,410,088 | 1,484,159 | 5,051,739 | 3,253,464
Income (loss) from operations | (699,044) | 347,478 | (2,140,949) | (161,185)
Other income (expense): |  |  |  |
Interest expense, net | (106,607) | (95,229) | (275,698) | (139,976)
Other income (expense), net | (8,482) | 60,836 | 41,164 | 60,836
Total other income (expense) | (115,089) | (34,393) | (234,534) | (79,140)
Net income (loss) | (814,133) | 313,085 | (2,375,483) | (240,325)
Comprehensive income (loss): |  |  |  |
Net income (loss) | (814,133) | 313,085 | (2,375,483) | (240,325)
Other comprehensive income (loss): |  |  |  |
Foreign currency translation gain (loss) | 7,187 |  | (16,526) |
Total comprehensive income (loss) | $ (806,946) | $ 313,085 | $ (2,392,009) | $ (240,325)
Net income (loss) per common share – basic and diluted | $ (0.18) | $ 0.07 | $ (0.51) | $ (0.05)
Weighted average number of common shares outstanding – basic and diluted | 4,621,687 | 4,411,513 | 4,621,687 | 4,411,513
[1] | Financial information has been retrospectively adjusted for the acquisitions of Mimio and Genesis

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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=84228862&loc=d3e557-108580 + Details
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