| Schedule of Segment Reporting Information, by Segment |
The following tables summarize
financial information about the Company’s business segments for the three and nine months ended September 30, 2016 and September
30, 2015.
| |
|
For the Three Months Ended September 30, 2016 |
|
| |
|
Telecommunications |
|
|
Staffing |
|
|
Consolidated |
|
| |
|
|
|
|
|
|
|
|
|
| Revenues |
|
$ |
3,795,306 |
|
|
|
32,547 |
|
|
|
3,827,853 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Income (Loss) from Operations |
|
$ |
23,000 |
|
|
|
4,918 |
|
|
|
27,918 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
(247,512 |
) |
|
|
- |
|
|
|
(247,512 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Interest Expense |
|
$ |
485,926 |
|
|
|
4,310 |
|
|
|
490,236 |
|
| |
|
For the Three Months Ended September 30, 2015 |
|
| |
|
Telecommunications |
|
|
Staffing |
|
|
Consolidated |
|
| |
|
|
|
|
|
|
|
|
|
| Revenues |
|
$ |
1,729,915 |
|
|
|
2,296,293 |
|
|
|
4,026,208 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Income (Loss) from Operations |
|
$ |
(1,563,759 |
) |
|
|
9,783 |
|
|
|
(1,553,976 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
(45,714 |
) |
|
|
- |
|
|
|
(45,714 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Interest Expense |
|
$ |
326,649 |
|
|
|
304,310 |
|
|
|
630,959 |
|
| |
|
For the Nine Months Ended September 30, 2016 |
|
| |
|
Telecommunications |
|
|
Staffing |
|
|
Consolidated |
|
| |
|
|
|
|
|
|
|
|
|
| Revenues |
|
$ |
9,017,652 |
|
|
|
66,307 |
|
|
|
9,083,959 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Income (Loss) from Operations |
|
$ |
(1,009,788 |
) |
|
|
50,015 |
|
|
|
(959,773 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
(702,878 |
) |
|
|
- |
|
|
|
(702,878 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Interest Expense |
|
$ |
1,439,425 |
|
|
|
12,929 |
|
|
|
1,452,354 |
|
| |
|
For the Nine Months Ended September 30, 2015 |
|
| |
|
Telecommunications |
|
|
Staffing |
|
|
Consolidated |
|
| |
|
|
|
|
|
|
|
|
|
| Revenues |
|
$ |
5,822,267 |
|
|
|
5,622,380 |
|
|
|
11,444,647 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Income (Loss) from Operations |
|
$ |
(2,382,750 |
) |
|
|
24,529 |
|
|
|
(2,358,221 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
(98,762 |
) |
|
|
- |
|
|
|
(98,762 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Interest Expense |
|
$ |
728,732 |
|
|
|
316,147 |
|
|
|
1,044,879 |
|
|