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SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following tables present financial information of the Company’s reportable segments at March 31, 2017 and 2016. The “Corporate Expenses & Eliminations” column includes all corporate expenses and intercompany eliminations for consolidated purposes.

 

Three months ended March 31, 2017		North American Transaction Solutions				Mobile Solutions				Online Solutions				Corporate Expenses & Eliminations			Total
Net revenues		$	10,964,919			$	856,993			$	1,740,029			$	-		$	13,561,941
Cost of revenues			9,461,449				816,963				1,181,580				-			11,459,992
Gross Margin			1,503,470				40,030				558,449				-			2,101,949
Gross margin %			14	%			5	%			32	%			-			15	%
General, administrative, and asset disposal			751,234				124,204				549,608				1,406,115			2,831,161
Non-cash compensation			-				-				-				596,404			596,404
Provision for bad debt			276,324				288				1,887				1,260			279,759
Depreciation and amortization			358,756				1,047				290,097				7,463			657,363
Interest expense (income), net			175,180				-				-				94,508			269,688
Other expenses			-				2,807				2,953				13			5,773
Net (loss) for segment		$	(58,024)			$	(88,316)			$	(286,096)			$	(2,105,763)		$	(2,538,199)
Segment assets		$	14,170,749			$	3,631,656			$	4,971,352			$	211,015		$	22,984,772

Three Months Ended March 31, 2016		North American Transaction Solutions				Mobile Solutions				Online Solutions				Corporate Expenses & Eliminations			Total
Net revenues		$	7,852,648			$	1,993,504			$	1,414,907			$	-			11,261,059
Cost of revenues			6,653,033				1,814,588				917,620				-			9,385,241
Gross Margin			1,199,615				178,916				497,287				-			1,875,818
Gross margin %			15	%			9	%			35	%			-			17	%
General, administrative, and asset disposal			656,526				71,078				334,459				1,026,250			2,088,313
Non-cash compensation			-				-				-				360,984			360,984
Provision for bad debt			251,341				-				400				-			251,741
Depreciation and amortization			320,071				4,190				487,383				76,474			888,118
Interest expense, net			147,784				-				-				2,654			150,438
Other expenses			-				4,955				16,864				-			21,819
Net (loss) income for segment		$	(176,107)			$	98,693			$	(341,819)			$	(1,466,362)		$	(1,885,595)
Segment assets		$	6,866,093			$	2,487,714			$	6,644,945			$	5,617,004			21,615,756

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599

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