Quarterly report pursuant to Section 13 or 15(d)

SEGMENT DATA

v3.4.0.3
SEGMENT DATA
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
10.
SEGMENT DATA
   
The Company’s reportable operating segments consist of its telecommunications segment and its staffing segment, which are organized, managed and operated along key product and service lines.
 
The following tables summarize financial information about the Company’s business segments for the three months ended March 31, 2016 and March 31, 2015.
 
 
 
For the Three Months Ended March 31, 2016
 
 
 
Telecommunications
 
Staffing
 
Consolidated
 
 
 
 
 
 
 
 
 
Revenues
 
$
2,084,149
 
$
9,243
 
$
2,093,392
 
 
 
 
 
 
 
 
 
 
 
 
(Loss) Income from Operations
 
$
(554,826)
 
$
2,008
 
$
(552,818)
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and Amortization
 
$
(218,896)
 
$
-
 
$
(218,896)
 
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
 
$
(482,134)
 
$
(4,310)
 
$
(486,444)
 
 
 
 
For the Three Months Ended March 31, 2015
 
 
 
Telecommunications
 
Staffing
 
Consolidated
 
 
 
 
 
 
 
 
 
Revenues
 
$
1,909,481
 
$
1,438,333
 
$
3,347,814
 
 
 
 
 
 
 
 
 
 
 
 
Loss from Operations
 
$
(490,521)
 
$
(10,243)
 
$
(500,764)
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and Amortization
 
$
(21,481)
 
$
-
 
$
(21,481)
 
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
 
$
(225,927)
 
$
(7,580)
 
$
(233,507)