CareCloud, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Notes Tables
Notes Details

RESTATEMENT (Details 1)

v2.4.1.9

RESTATEMENT (Details 1) (USD $)	3 Months Ended		9 Months Ended
RESTATEMENT (Details 1) (USD $)	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
OPERATING EXPENSES:
Change in contingent consideration	$ (424,885)	$ 0	$ (424,885)	$ 0
Total operating expenses	(8,417,058)us-gaap_OperatingExpenses	(3,163,635)us-gaap_OperatingExpenses	(14,310,468)us-gaap_OperatingExpenses	(7,873,937)us-gaap_OperatingExpenses
LOSS BEFORE INCOME TAXES	(2,366,663)	(119,585)	(3,356,392)	(233,855)
INCOME TAX PROVISION	474,091us-gaap_IncomeTaxExpenseBenefit	18,437us-gaap_IncomeTaxExpenseBenefit	157,435us-gaap_IncomeTaxExpenseBenefit	34,180us-gaap_IncomeTaxExpenseBenefit
NET LOSS	(2,840,754)us-gaap_NetIncomeLoss	(138,022)us-gaap_NetIncomeLoss	(3,513,827)us-gaap_NetIncomeLoss	(268,035)us-gaap_NetIncomeLoss
NET LOSS PER SHARE
Basic and diluted net loss per share (in dollars per share)	$ (0.34)	$ (0.03)	$ (0.57)	$ (0.05)
Weighted-average basic and diluted shares outstanding (in shares)	8,358,718	5,101,770	6,199,350	5,101,770
Scenario, Previously Reported [Member]
OPERATING EXPENSES:
Change in contingent consideration	0		0
Total operating expenses	8,841,943		14,735,353
LOSS BEFORE INCOME TAXES	(2,791,548)		(3,781,277)
INCOME TAX PROVISION	474,091		157,435
NET LOSS	(3,265,639)		(3,938,712)
NET LOSS PER SHARE
Basic and diluted net loss per share (in dollars per share)	$ (0.35)		$ (0.61)
Weighted-average basic and diluted shares outstanding (in shares)	9,260,534		6,503,258
Restatement Adjustment [Member]
OPERATING EXPENSES:
Change in contingent consideration	(424,885)		(424,885)
Total operating expenses	(424,885)		(424,885)
LOSS BEFORE INCOME TAXES	424,885		424,885
INCOME TAX PROVISION	0		0
NET LOSS	$ 424,885		$ 424,885
NET LOSS PER SHARE
Basic and diluted net loss per share (in dollars per share)	$ 0.01		$ 0.04
Weighted-average basic and diluted shares outstanding (in shares)	(901,816)		(303,908)

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