Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.8.0.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting

Selected financial information for the Company’s operating segments is as follows:

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2017     2016     2017     2016  
Net revenues - External                                
Clinical Laboratory Operations   $ 645,386     $ 2,240,170     $ 1,407,976     $ 3,471,072  
Supportive Software Solutions     253,344       325,102       490,289       555,128  
    $ 898,730     $ 2,565,272     $ 1,898,265     $ 4,026,200  
Net revenues - Intersegment (***)                                
Supportive Software Solutions     206,167       237,993       284,493       534,341  
    $ 206,167     $ 237,993     $ 284,493     $ 534,341  
(Loss) income from operations                                
Clinical Laboratory Operations   $ (1,477,754 )   $ (886,541 )   $ (2,770,028 )   $ (3,226,339 )
Supportive Software Solutions     (342,348 )     (1,234,194 )     (1,060,894 )     (2,547,507 )
Hospital Operations     (553,352 )     -       (1,020,668 )     -  
Corporate     (1,884,287 )     (2,166,251 )     (3,688,800 )     (4,118,688 )
Eliminations     330       33,664       8,181       67,324  
    $ (4,257,411 )   $ (4,253,322 )   $ (8,532,209 )   $ (9,825,210 )
Depreciation and amortization                                
Clinical Laboratory Operations   $ 419,905     $ 548,870     $ 854,373     $ 1,096,419  
Supportive Software Solutions     45,421       162,059       202,984       326,487  
Hospital Operations     6,609       -       6,609       -  
Corporate     349       875       660       1,749  
Eliminations     (330 )     (33,663 )     (8,181 )     (67,324 )
    $ 471,954     $ 678,141     $ 1,056,445     $ 1,357,331  
Capital expenditures                                
Clinical Laboratory Operations   $ -     $ 14,473     $ -     $ 6,000  
Supportive Software Solutions     -       7,881       -       9,998  
Hospital Operations     214,147       -       1,305,069       -  
    $ 214,147     $ 22,354     $ 1,305,069     $ 15,998  

 

*** Intersegment revenues are eliminated in consolidation.

 

    June 30, 2017     December 31, 2016  
Total assets                
Clinical Laboratory Operations   $ 2,195,239     $ 3,986,126  
Supportive Software Solutions     1,863,113       2,602,428  
Decision Support and Informatics     -       60,000  
Hospital Operations     1,360,800       -  
Corporate     2,897,573       2,130,191  
Assets of AMSG classified as held for sale     67,579       414,662  
Eliminations     (2,696,985 )     (2,711,014 )
    $ 5,687,319     $ 6,482,393