XML 24 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
[1]
Income Statement [Abstract]    
Revenues $ 25,743,612 $ 20,371,826
Cost of revenues 19,329,831 12,959,749
Gross profit 6,413,781 7,412,077
Operating expense:    
General and administrative expenses 13,086,120 7,689,898
Research and development 465,940 1,008,433
Total operating expense 13,552,060 8,698,331
Loss from operations (7,138,279) (1,286,254)
Other income (expense):    
Interest expense, net (635,445) (818,234)
Other income, net 200,589 42,505
Gain on settlement of liabilities, net 276,026
Total other income (expense) (158,830) (775,729)
Net loss (7,297,109) (2,061,983)
Comprehensive loss:    
Net loss (7,297,109) (2,061,983)
Other comprehensive loss:    
Foreign currency translation loss (34,930) (12,918)
Total comprehensive loss $ (7,332,039) $ (2,074,901)
Net loss per common share - basic and diluted $ (1.34) $ (0.48)
Weighted average number of common shares outstanding - basic and diluted 5,455,161 4,299,315
[1] Financial information has been retrospectively adjusted for the acquisitions of Mimio and Genesis