XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues        
Professional fees $ 885,505 $ 1,217,234 $ 2,655,006 $ 3,329,766
Software sales 1,146,048 241,655 2,667,567 915,119
Total revenues 2,031,553 1,458,889 5,322,573 4,244,885
Cost of revenues        
Cost of professional fees 468,556 788,066 1,509,281 2,023,609
Cost of software sales 1,006,912 226,566 2,373,788 856,561
Total cost of revenues 1,475,468 1,014,632 3,883,069 2,880,170
Gross profit 556,085 444,257 1,439,504 1,364,715
Selling, general and administrative expenses 428,852 434,954 1,451,423 1,301,322
Commissions expense 187,030 109,630 408,695 349,295
Loss from operations (59,797) (100,327) (420,614) (285,902)
Other income 2,559 2,585 7,349 7,680
Loss before provision for income taxes (57,238) (97,742) (413,265) (278,222)
Provision for income taxes 0 0 0 0
Net loss (57,238) (97,742) (413,265) (278,222)
Comprehensive loss $ (57,238) $ (97,742) $ (413,265) $ (278,222)
Net loss per common share:        
Basic: $ (0.01) $ (0.01) $ (0.04) $ (0.02)
Diluted: $ (0.01) $ (0.01) $ (0.04) $ (0.02)
Weighted average common shares outstanding        
Basic 11,201,760 11,201,760 11,201,760 11,201,760
Diluted 11,201,760 11,201,760 11,201,760 11,201,760