Quarterly report pursuant to Section 13 or 15(d)

Segments Information

v3.2.0.727
Segments Information
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Segments of Information

13. SEGMENT INFORMATION

 

The Company operates and reports its results as a single operating segment. Revenues and operating loss by geographic area were as follows:

 

    Three Months Ended     Six Months Ended  
    June 30, 2015     June 30, 2014     June 30, 2015     June 30, 2014  
Revenue:                                
United States   $ 6,230,215     $ 3,197,150     $ 10,327,757     $ 5,834,909  
South Africa     1,567,847       1,662,670       3,245,429       3,303,756  
Australia     2,021,786       511,680       3,993,383       511,680  
Europe     973,187       1,172,864       1,897,615       2,242,998  
    $ 10,793,035     $ 6,544,364     $ 19,464,184     $ 11,893,343  
                                 
Operating Income (Loss):                                
United States   $ (1,625,648 )   $ (1,077,902 )   $ (3,116,777 )   $ (2,574,339 )
South Africa     36,189       (73,091 )     (17,439 )     (149,615 )
Australia     (492,709 )     (280,568 )     (857,776 )     (280,568 )
Europe     (7,968 )     37,515       (529 )     25,809  
    $ (2,090,136 )   $ (1,394,046 )   $ (3,992,521 )   $ (2,978,713 )

  

Long-lived assets by geographic area were as follows:

 

Long Lived Assets:   June 30, 2015     December 31, 2014  
United States   $ 18,169,066     $ 15,299,108  
South Africa     2,279,737       2,172,528  
Australia     14,334,907       13,068,305  
Europe     3,476,929       3,648,133  
Brazil     135,000       135,000  
    $ 38,395,639     $ 34,323,074