Annual report pursuant to Section 13 and 15(d)

Segment Reporting (Tables)

v3.19.1
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Schedule of Revenues, Operating Expenses and Operating Income by Reportable Segment

The following table presents revenues, operating expenses and operating income by reportable segment:

 

    Year Ended December 31, 2018  
    Healthcare IT     Practice Management     Unallocated Corporate Expenses     Total  
Net revenue   $ 44,044,700     $ 6,501,081     $ -     $ 50,545,781  
Operating expenses:                                
Direct operating costs     26,289,770       4,962,765       -       31,252,535  
Selling and marketing     1,593,052       18,930       -       1,611,982  
General and administrative     9,834,749       1,164,505       5,265,219       16,264,473  
Research and development     1,029,510       -       -       1,029,510  
Change in contingent consideration     73,271       -       -       73,271  
Depreciation and amortization     2,700,577       153,250       -       2,853,827  
Total operating expenses     41,520,929       6,299,450       5,265,219       53,085,598  
Operating income (loss)   $ 2,523,771     $ 201,631     $ (5,265,219 )   $ (2,539,817 )