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RESTATEMENT (Tables)
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9 Months Ended |
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Sep. 30, 2014
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| Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
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| Condensed Balance Sheet [Table Text Block] |
CONDENSED CONSOLIDATED BALANCE SHEET | | | As Previously
Reported | | Adjustment | | As Restated | | | CURRENT LIABILITIES: | | | | | | | | | | | | Contingent consideration | | $ | - | | $ | 4,193,622 | | $ | 4,193,622 | | | Total current liabilities | | | 5,504,015 | | | 4,193,622 | | | 9,697,637 | | | SHAREHOLDERS’ EQUITY: | | | | | | | | | | | | Common stock | | | 11,000 | | | (1,288) | | | 9,712 | | | Additional paid-in capital | | | 23,475,868 | | | (4,617,219) | | | 18,858,649 | | | Accumulated deficit | | | (3,889,591) | | | 424,885 | | | (3,464,706) | | | Total shareholders’ equity | | | 19,320,711 | | | (4,193,622) | | | 15,127,089 | |
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| Condensed Income Statement [Table Text Block] |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS | | | As Previously Reported | | Adjustment | | As Restated | | | | | Three Months | | Nine Months | | Three Months | | Nine Months | | Three Months | | Nine Months | | | | | Ended
September | | Ended
September | | Ended
September | | Ended
September | | Ended
September | | Ended
September | | | | | 30, 2014 | | 30, 2014 | | 30, 2014 | | 30, 2014 | | 30, 2014 | | 30, 2014 | | | OPERATING EXPENSES: | | | | | | | | | | | | | | | | | | | | | Change in contingent consideration | | $ | - | | $ | - | | $ | (424,885) | | $ | (424,885) | | $ | (424,885) | | $ | (424,885) | | | Total operating expenses | | | 8,841,943 | | | 14,735,353 | | | (424,885) | | | (424,885) | | | 8,417,058 | | | 14,310,468 | | | LOSS BEFORE INCOME TAXES | | | (2,791,548) | | | (3,781,277) | | | 424,885 | | | 424,885 | | | (2,366,663) | | | (3,356,392) | | | INCOME TAX PROVISION | | | 474,091 | | | 157,435 | | | - | | | - | | | 474,091 | | | 157,435 | | | NET LOSS | | | (3,265,639) | | | (3,938,712) | | | 424,885 | | | 424,885 | | | (2,840,754) | | | (3,513,827) | | | NET LOSS PER SHARE | | | | | | | | | | | | | | | | | | | | | Basic and diluted net loss per share | | $ | (0.35) | | $ | (0.61) | | $ | 0.01 | | $ | 0.04 | | $ | (0.34) | | $ | (0.57) | | | Weighted-average basic and diluted shares outstanding | | | 9,260,534 | | | 6,503,258 | | | (901,816) | | | (303,908) | | | 8,358,718 | | | 6,199,350 | |
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| Condensed Cash Flow Statement [Table Text Block] |
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2014
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Reported | | Adjustment | | As Restated | | | OPERATING ACTIVITIES: | | | | | | | | | | | | Net loss | | $ | (3,938,712) | | $ | 424,885 | | $ | (3,513,827) | | | Adjustments to reconcile net loss to net cash used in operating activities: | | | | | | | | | | | | Change in contingent consideration | | | - | | | (424,885) | | | (424,885) | | | Net cash used in operating activities | | | (2,024,504) | | | - | | | (2,024,504) | | | SUPPLEMENTAL NONCASH INVESTING AND FINANCING ACTIVITIES: | | | | | | | | | | | | Acquisitions through issuance of common stock | | | 6,610,184 | | | (6,610,184) | | | - | | | Contingent consideration resulting from acquisitions | | | - | | | 4,618,508 | | | 4,618,508 | | | Equity resulting from acquisitions | | | - | | | 1,601,678 | | | 1,601,678 | |
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| Schedule of Stockholders Equity [Table Text Block] |
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2014
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Reported | | Adjustment | | As Restated | | | Shares issued to acquired businesses | | | 1,699,796 | | | (1,287,529) | | | 412,267 | | | Common Stock | | $ | 1,700 | | $ | (1,288) | | $ | 412 | | | Additional paid-in capital | | | 6,218,485 | | | (4,617,219) | | | 1,601,266 | |
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| Condensed Statement of Comprehensive Income [Table Text Block] |
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS | | | As Previously Reported | | Adjustment | | As Restated | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months | | Nine Months | | Three Months | | Nine Months | | Three Months | | Nine Months | | | | | Ended September | | Ended September | | Ended September | | Ended September | | Ended September | | Ended September | | | | | 30, 2014 | | 30, 2014 | | 30, 2014 | | 30, 2014 | | 30, 2014 | | 30, 2014 | | | Net loss | | $ | (3,265,639) | | $ | (3,938,712) | | $ | 424,885 | | $ | 424,885 | | $ | (2,840,754) | | $ | (3,513,827) | | | Foreign currency translation adjustment | | | (124,584) | | | 52,733 | | | (81,657) | | | (141,945) | | | (206,241) | | | (89,212) | | | Comprehensive Loss | | | (3,390,223) | | | (3,885,979) | | | 343,228 | | | 282,940 | | | (3,046,995) | | | (3,603,039) | |
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