Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.10.0.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2018
Accounting Policies [Abstract]  
Fair Value, by Balance Sheet Grouping [Table Text Block]
As of June 30, 2018, the book value and estimated fair value of the Company’s loan held for investment was as follows:
 
 
 
June 30, 2018
 
 
 
Book Value
 
 
Estimated
Fair Value
 
Loan held for investment
 
$
500,000
 
 
$
500,000
 
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]
Financial instruments for which fair value is disclosed but not required to be recognized in the balance sheet on a recurring basis consisted of the following:
 
 
 
June 30, 2018
 
 
 
Total
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
Loan held for investment
 
$
500,000
 
 
 
-
 
 
 
-
 
 
$
500,000
 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following changes in level 3 instruments for the three months ended June 30, 2018 are presented below:
 
 
 
 
 
 
 
Level 3
 
Balance, April 1, 2018
 
 
-
 
Purchases
 
 
500,000
 
Balance, June 30, 2018
 
 
500,000
 
 
The following changes in level 3 instruments for the six months ended June 30, 2018 are presented below:
 
 
 
 
 
 
 
Level 3
 
Balance, January 1, 2018
 
 
-
 
Purchases
 
 
500,000
 
Balance, June 30, 2018
 
 
500,000
 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
 
 
June 30,
 
 
 
2018
 
Selling Agent Warrants to be issued for the purchase of common stock
 
 
65,626
 
Shares to be issued, see Note 10
 
 
38,290
 
 
 
 
103,916
 
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]
For the three and six months ended June 30, 2018 and 2017, the following customers represented more than 10% of total net revenues:
 
 
 
For the Three Months

Ended June 30,
 
 
For the Six Months Ended

June 30,
 
 
 
2018
 
 
2017
 
 
2018
 
 
2017
 
Customer A
 
 
23
%
 
 
30
%
 
 
25
%
 
 
28
%
Customer B
 
 
 
*
 
 
12
%
 
 
 
*
 
 
 
*
Customer C
 
 
 
*
 
 
 
*
 
 
11
%
 
 
 
*
* Customer did not represent greater than 10% of total net revenue.
 
As of June 30, 2018, the following customers represented more than 10% of total accounts receivable:
 
 
 
June 30,
 
 
 
2018
 
Customer A
 
 
13
%
Customer B
 
 
14
%
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]
For the three and six months ended June 30, 2018 and 2017, the following geographical regions represented more than 10% of total net revenues:
 
 
 
For the Three Months

Ended June 30,
 
 
For the Six Months Ended

June 30,
 
 
 
2018
 
 
2017
 
 
2018
 
 
2017
 
North America
 
 
82
%
 
 
81
%
 
 
80
%
 
 
82
%
Asia-Pacific
   
15
%
   
14
%    
17
%    
12
%