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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