Consolidated Statements of Operations (USD $)
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12 Months Ended | ||
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Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2012
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REVENUES | $ 53,316,210us-gaap_SalesRevenueNet | $ 46,825,032us-gaap_SalesRevenueNet | $ 55,782,742us-gaap_SalesRevenueNet |
COST OF REVENUES (including amortization and depreciation of $1,462,505, $1,462,995, and $1,511,267, respectively) | 39,802,293wyy_CostOfSalesGross | 34,713,471wyy_CostOfSalesGross | 41,920,161wyy_CostOfSalesGross |
GROSS PROFIT | 13,513,917us-gaap_GrossProfit | 12,111,561us-gaap_GrossProfit | 13,862,581us-gaap_GrossProfit |
OPERATING EXPENSES | |||
Sales and Marketing | 3,432,602us-gaap_SellingAndMarketingExpense | 3,125,867us-gaap_SellingAndMarketingExpense | 2,741,799us-gaap_SellingAndMarketingExpense |
General and Administrative Expenses (including share-based compensation of $324,281, $227,035, $217,611, respectively, and gain on change in fair value of contingent obligation of $-, $1,250,000, and $900,000, respectively) | 14,356,372us-gaap_GeneralAndAdministrativeExpense | 9,872,655us-gaap_GeneralAndAdministrativeExpense | 9,820,695us-gaap_GeneralAndAdministrativeExpense |
Depreciation and Amortization | 375,951us-gaap_DepreciationDepletionAndAmortization | 288,333us-gaap_DepreciationDepletionAndAmortization | 281,310us-gaap_DepreciationDepletionAndAmortization |
Total Operating Expenses | 18,164,925us-gaap_OperatingExpenses | 13,286,855us-gaap_OperatingExpenses | 12,843,804us-gaap_OperatingExpenses |
(LOSS) INCOME FROM OPERATIONS | (4,651,008)us-gaap_OperatingIncomeLoss | (1,175,294)us-gaap_OperatingIncomeLoss | 1,018,777us-gaap_OperatingIncomeLoss |
OTHER INCOME (EXPENSE) | |||
Interest Income | 17,002us-gaap_InvestmentIncomeInterest | 7,364us-gaap_InvestmentIncomeInterest | 4,881us-gaap_InvestmentIncomeInterest |
Interest (Expense) | (186,796)us-gaap_InterestExpense | (175,358)us-gaap_InterestExpense | (294,244)us-gaap_InterestExpense |
Other Income (Expense) | 12,890us-gaap_OtherNonoperatingIncomeExpense | 11,267us-gaap_OtherNonoperatingIncomeExpense | 3,200us-gaap_OtherNonoperatingIncomeExpense |
Total Other Income (Expense) | (156,904)us-gaap_NonoperatingIncomeExpense | (156,727)us-gaap_NonoperatingIncomeExpense | (286,163)us-gaap_NonoperatingIncomeExpense |
(LOSS) INCOME BEFORE PROVISION FOR INCOME TAXES | (4,807,912)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | (1,332,021)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 732,614us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest |
INCOME TAX (BENEFIT) PROVISION | 3,592,714us-gaap_IncomeTaxExpenseBenefit | 362,764us-gaap_IncomeTaxExpenseBenefit | (99,687)us-gaap_IncomeTaxExpenseBenefit |
NET (LOSS) INCOME | $ (8,400,626)us-gaap_NetIncomeLoss | $ (1,694,785)us-gaap_NetIncomeLoss | $ 832,301us-gaap_NetIncomeLoss |
BASIC EARNINGS PER SHARE (in dollars per share) | $ (0.115)us-gaap_EarningsPerShareBasic | $ (0.027)us-gaap_EarningsPerShareBasic | $ 0.013us-gaap_EarningsPerShareBasic |
BASIC WEIGHTED-AVERAGE SHARES OUTSTANDING (in shares) | 73,048,883us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 63,802,275us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 63,474,871us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |
DILUTED EARNINGS PER SHARE (in dollars per share) | $ (0.115)us-gaap_EarningsPerShareDiluted | $ (0.027)us-gaap_EarningsPerShareDiluted | $ 0.013us-gaap_EarningsPerShareDiluted |
DILUTED WEIGHTED-AVERAGE SHARES OUTSTANDING (in shares) | 73,048,883us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 63,802,275us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 63,758,632us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding |
X | ||||||||||
- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Details
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X | ||||||||||
- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period, including direct labor, direct materials and material handling costs, depreciation of tangible operational assets, amortization of operational intangible assets, allocated overhead (if applicable) and any other costs to deliver a good or service. No definition available.
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