| Segments of Information |
12. 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 |
|
|
Nine Months Ended |
|
| |
|
September 30, 2015 |
|
|
September 30, 2014 |
|
|
September 30, 2015 |
|
|
September 30, 2014 |
|
| Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| United States |
|
$ |
6,872,531 |
|
|
$ |
3,642,971 |
|
|
$ |
17,200,288 |
|
|
$ |
9,477,879 |
|
| South Africa |
|
|
1,380,665 |
|
|
|
1,601,493 |
|
|
|
4,626,094 |
|
|
|
4,905,249 |
|
| Australia |
|
|
830,653 |
|
|
|
2,641,909 |
|
|
|
4,824,036 |
|
|
|
3,153,589 |
|
| Europe |
|
|
1,187,456 |
|
|
|
1,426,179 |
|
|
|
3,085,071 |
|
|
|
3,669,177 |
|
| |
|
$ |
10,271,305 |
|
|
$ |
9,312,552 |
|
|
$ |
29,735,489 |
|
|
$ |
21,205,894 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating Income (Loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| United States |
|
$ |
(1,150,856 |
) |
|
$ |
(673,118 |
) |
|
$ |
(4,267,634 |
) |
|
$ |
(3,247,467 |
) |
| South Africa |
|
|
(25,739 |
) |
|
|
(70,571 |
) |
|
|
(43,178 |
) |
|
|
(220,186 |
) |
| Australia |
|
|
(4,608,773 |
) |
|
|
192,556 |
|
|
|
(5,466,548 |
) |
|
|
(88,002 |
) |
| Europe |
|
|
34,179 |
|
|
|
19,007 |
|
|
|
33,650 |
|
|
|
44,816 |
|
| |
|
$ |
(5,751,189 |
) |
|
$ |
(532,126 |
) |
|
$ |
(9,743,710 |
) |
|
$ |
(3,510,839 |
) |
Non-current assets
by geographic area were as follows:
| |
|
September 30, 2015 |
|
|
December 31, 2014 |
|
| Non-current Assets: |
|
|
|
|
|
|
|
|
| United States |
|
$ |
33,226,470 |
|
|
$ |
15,299,108 |
|
| South Africa |
|
|
2,428,590 |
|
|
|
2,172,528 |
|
| Australia |
|
|
404,717 |
|
|
|
13,068,305 |
|
| Europe |
|
|
3,354,803 |
|
|
|
3,648,133 |
|
| Brazil |
|
|
135,000 |
|
|
|
135,000 |
|
| |
|
$ |
39,549,580 |
|
|
$ |
34,323,074 |
|
|