Quarterly report pursuant to Section 13 or 15(d)

Business Segment Results (Tables)

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Business Segment Results (Tables)
9 Months Ended
Sep. 30, 2018
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Exercise Price Forfeited  
Schedule of segment reporting information, by segment

The business segment results for the three months ended September 30, 2018 and 2017 was as follows:

 

                            Corporate and              
    Consulting     Technology     Eliminations     Total  
    2018     2017     2018     2017     2018     2017     2018     2017  
Revenue   $ -     $ 15,136     $ -     $ -     $ -     $ -     $ -     $ 15,136  
Other income – joint venture   $ -     $ -     $ 203,180     $ -     $ -     $ -     $ 203,180     $ -  
Equity in loss from joint venture   $ -     $ -     $ (1,743,340 )   $ -     $ -     $ -     $ (1,743,340 )   $ -  
Segment profit (loss) - pre-tax   $ -     $ 15,744     $ (2,404,220 )   $ (458,663 )   $ (1,810,366 )   $ (1,290,630 )   $ (4,214,586 )   $ (1,733,549 )
Total assets   $ -     $ 15,136     $ 1,539,881     $ 1,319,718     $ 26,643,010     $ 5,531,270     $ 28,182,891     $ 6,866,124  
Interest expense   $ -     $ -     $ -     $ -     $ -     $ 8,023     $ -     $ 8,023  
Investment in joint venture   $ -     $ -     $ 671,888     $ -     $ -     $ -     $ 671,888     $ -  

   

The business segment results for the nine months ended September 30, 2018 and 2017 was as follows:

 

                            Corporate and              
    Consulting     Technology     Eliminations     Total  
    2018     2017     2018     2017     2018     2017     2018     2017  
Revenue   $ -     $ 165,046     $ -     $ -     $ -     $ -     $ -     $ 165,046  
Other income – joint venture   $ -     $ -     $ 790,554     $ -     $ -     $ -       790,554       -  
Equity in loss from joint venture   $ -     $ -     $ (4,545,112 )   $ -     $ -     $ -       (4,545,112 )     -  
Segment (loss) profit- pre-tax   $ -     $ (45,051 )   $ (6,067,682 )   $ (1,468,650 )   $ (6,385,404 )   $ (3,602,818 )   $ (12,453,086 )   $ (5,116,519 )
Total assets   $ -     $ 15,136     $ 1,539,881     $ 1,319,718     $ 26,643,010     $ 5,531,270     $ 28,182,891     $ 6,866,124  
Interest expense   $ -     $ -     $ -     $ -     $ -     $ 16,095     $ -     $ 16,095  
Investment in joint venture   $ -     $ -     $ 671,888     $ -     $ -     $ -     $ 671,888     $ -