Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations (Tables)

v3.10.0.1
Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations [Table Text Block]
The results from discontinued operations were as follows:
 
 
 
Three Months Ended
 
 
Nine Months Ended
 
 
 
September 30,
 
 
September
 
 
September 30,
 
 
September 30,
 
 
 
2018
 
 
2017
 
 
2018
 
 
2017
 
Revenue, net
 
$
—
 
 
$
1,010,157
 
 
$
1,663,382
 
 
$
2,759,166
 
Cost of revenue
 
 
—
 
 
 
774,671
 
 
 
1,084,028
 
 
 
1,881,153
 
Gross margin
 
 
—
 
 
 
235,486
 
 
 
579,354
 
 
 
878,013
 
Operating expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
General and administrative
 
 
300,754
 
 
 
1,240,415
 
 
 
4,206,288
 
 
 
4,975,580
 
Professional and consulting fees
 
 
—
 
 
 
—
 
 
 
—
 
 
 
471
 
Other (income) expense
 
 
—
 
 
 
(672
)
 
 
—
 
 
 
(217
)
Total operating expenses
 
 
300,754
 
 
 
1,239,743
 
 
 
4,206,288
 
 
 
4,975,834
 
Loss from operations
 
 
(300,754
)
 
 
(1,004,257
)
 
 
(3,626,934
)
 
 
(4,097,821
)
Gain on disposal
 
 
96,746
 
 
 
—
 
 
 
764,064
 
 
 
—
 
Loss on disposal
 
 
(120,002
)
 
 
—
 
 
 
(7,834,491
)
 
 
—
 
Loss before provision for income tax
 
 
(324,010
)
 
 
(1,004,257
)
 
 
(10,697,361
)
 
 
(4,097,821
)
Income tax (provision) benefit
 
 
—
 
 
 
(767,625
)
 
 
23,943
 
 
 
(767,625
)
Loss from discontinued operations
 
$
(324,010
)
 
$
(1,771,882
)
 
$
(10,673,418
)
 
$
(4,865,446
)
Schedule of Closed Block Assets and Liabilities [Table Text Block]
The current assets, long-term assets, current liabilities and long-term liabilities of discontinued operations were as follows:
 
 
 
September 30, 2018
 
 
December 31, 2017
 
Cash
 
$
—
 
 
$
305,349
 
Accounts receivable, net
 
 
—
 
 
 
225,787
 
Other receivables
 
 
—
 
 
 
71,250
 
Current assets - discontinued operations
 
$
—
 
 
$
602,386
 
 
 
 
September 30, 2018
 
 
December 31, 2017
 
 
 
 
 
 
 
 
Property and equipment, net
 
$
—
 
 
$
259,463
 
Intangible assets, net
 
 
—
 
 
 
2,615,224
 
Goodwill
 
 
—
 
 
 
5,963,537
 
Long-term assets - discontinued operations
 
$
—
 
 
$
8,838,224
 
 
 
 
September 30, 2018
 
 
December 31, 2017
 
 
 
 
 
 
 
 
Accounts payable
 
$
8,074
 
 
$
67,761
 
Accrued liabilities
 
 
417,530
 
 
 
385,591
 
Current liabilities - discontinued operations
 
$
425,604
 
 
$
453,352
 
 
 
 
September 30, 2018
 
 
December 31, 2017
 
 
 
 
 
 
 
 
Long-term deferred tax liability
 
$
—
 
 
$
23,943
 
Long-term liabilities - discontinued operations
 
$
—
 
 
$
23,943