Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.10.0.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenues:    
Revenue from Contract with Customer $ 31,789,249 $ 24,918,868
Cost of revenues:    
Total cost of revenues 4,310,249 3,224,238
Selling and marketing expenses 4,819,555 4,473,881
Depreciation and amortization 1,556,240 2,017,323
General and administrative expenses 20,304,131 18,117,532
Total selling, general and administrative expenses 26,679,926 24,608,736
Loss on disposition or impairment 593,960 417,971
Income (loss) from operations 205,114 (3,332,077)
Other income (expense):    
Bargain purchase gain 58,006
Other income (expense), net (47,765) (64,455)
Total other income (expense) 10,241 (64,455)
Income (loss) before income tax expense 215,355 (3,396,532)
Income tax benefit (expense) 37,728 (35,880)
Net income (loss) and comprehensive income (loss) $ 253,083 $ (3,432,412)
Loss per share:    
Basic earnings (loss) per share (in dollars per share) $ 0.02 $ (0.26)
Diluted earnings (loss) per share (in dollars per share) $ 0.02 $ (0.26)
Basic weighted average shares (in shares) 13,669,107 13,245,119
Diluted weighted average shares (in shares) 14,031,717 13,245,119
Revenues and Management Fees from Company Clinics [Member]    
Revenues:    
Revenue from Contract with Customer $ 14,672,865 $ 11,125,115
Royalty [Member]    
Revenues:    
Revenue from Contract with Customer 10,141,036 7,722,856
Franchise [Member]    
Revenues:    
Revenue from Contract with Customer 1,688,039 1,381,784
Cost of revenues:    
Cost of Goods and Services Sold 3,956,530 2,908,841
Advertising [Member]    
Revenues:    
Revenue from Contract with Customer 2,862,244 2,753,776
Technology Service [Member]    
Revenues:    
Revenue from Contract with Customer 1,290,135 1,137,363
Cost of revenues:    
Cost of Goods and Services Sold 353,719 315,397
Regional Developer Fees [Member]    
Revenues:    
Revenue from Contract with Customer 599,370 399,045
Product and Service, Other [Member]    
Revenues:    
Revenue from Contract with Customer $ 535,560 $ 398,929