Annual report pursuant to Section 13 and 15(d)

QUARTERLY FINANCIAL DATE (UNAUDITED)

v3.6.0.2
QUARTERLY FINANCIAL DATE (UNAUDITED)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
NOTE 12 – QUARTERLY FINANCIAL DATE (UNAUDITED)
 
 
 
2014
 
 
 
Three Months Ended
 
 
 
March 31
 
June 30
 
September 30
 
December 31
 
Revenues
 
$
5,970,452
 
$
11,204,238
 
$
10,929,771
 
$
9,984,982
 
Operating Income
 
 
1,804,352
 
 
4,459,373
 
 
2,724,204
 
 
3,582,346
 
Net Income
 
 
1,163,689
 
 
2,821,738
 
 
1,726,469
 
 
2,708,604
 
Basic Net Income Per Share
 
$
0.05
 
$
0.12
 
$
0.07
 
$
0.11
 
Diluted New Income Per Share
 
 
0.05
 
 
0.11
 
 
0.06
 
 
0.10
 
 
 
 
2015
 
 
 
Three Months Ended
 
 
 
March 31
 
June 30
 
September 30
 
December 31
 
Revenues
 
$
6,045,701
 
$
8,976,790
 
$
8,629,007
 
$
7,362,394
 
Operating Income (Loss)
 
 
(1,549,389)
 
 
1,019,686
 
 
(1,473,514)
 
 
(11,311,117)
 
Net Income (Loss)
 
 
(975,624)
 
 
534,167
 
 
(1,138,268)
 
 
(7,473,046)
 
Basic Net Income (Loss) Per Share
 
$
(0.04)
 
$
0.02
 
$
(0.04)
 
$
(0.25)
 
Diluted New Income (Loss) Per Share
 
 
(0.04)
 
 
0.02
 
 
(0.04)
 
 
(0.25)
 
 
 
 
2016
 
 
 
Three Months Ended
 
 
 
March 31
 
June 30
 
September 30
 
December 31
 
Revenues
 
$
6,092,388
 
$
7,104,609
 
$
7,822,543
 
$
9,830,709
 
Operating Income (Loss)
 
 
(23,833,480)
 
 
(25,516,087)
 
 
(9,121,201)
 
 
1,438,007
 
Net Income (Loss)
 
 
(15,275,044)
 
 
(15,941,500)
 
 
(5,944,137)
 
 
(477,006)
 
Basic Net Income (Loss) Per Share
 
$
(0.50)
 
$
(0.41)
 
$
(0.14)
 
$
(0.01)
 
Diluted New Income (Loss) Per Share
 
 
(0.50)
 
 
(0.41)
 
 
(0.14)
 
 
(0.01)