XML 20 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1
4. Sales and Cost of Sales
6 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Sales and Cost of Sales

The Company designates certain sales of third party software and project credits as agent sales where the Company does not have the performance obligation to deliver the software or credits to the end user. Accordingly, cost of sales is recorded as a reduction of sales and only the gross profit is included in sales in the accompanying statements of operations. For the three and six months ended June 30, 2017, the Company designated agent sales of $634,278. The related accounts receivables and accounts payable are recorded on a gross basis in the accompanying balance sheet at June 30, 2017.