Annual report pursuant to Section 13 and 15(d)

Discontinued Operations (Tables)

v3.8.0.1
Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2017
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Operating Results of Discontinued Operations

Summarized operating results of discontinued operations are presented in the following table:

 

    For the Years Ended  
    December 31,  
    2017     2016  
Revenues   $ -     $ 12,192  
Gross profit   $ -     $ 12,192  
Operating expenses   $ (105,772 )   $ (2,254,551 )
Interest income, net   $ 21     $ 81  
Loss from discontinued operations   $ (105,751 )   $ (2,242,278 )

Summary of Assets and Liabilities of Discontinued Operations

Summarized assets and liabilities of discontinued operations are presented in the following table:

 

    December 31,  
    2017     2016  
Prepaid expenses and other current assets   $ -     $ 52,734  
Total current assets of discontinued operations   $ -     $ 52,734  
                 
Accounts payable and accrued expenses   $ -     $ 44,104  
Total current liabilities of discontinued operations   $ -     $ 44,104