Annual report pursuant to Section 13 and 15(d)

Investment in Joint Venture At Equity (Tables)

v3.3.1.900
Investment in Joint Venture At Equity (Tables)
12 Months Ended
Dec. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of financial information

The following presents unaudited summary financial information for Secure Infrastructure & Services, LLC. Such summary financial information has been provided herein based upon the individual significance of this unconsolidated equity investment to the consolidated financial information of the Company.

 

    Year Ended 
December 31,
2015
 
       
Current assets   $ 264,385  
Non-current assets   $ 44,266  
Current liabilities   $ 246,179  
Non-current liabilities   $ 25,000  
Members' equity   $ 37,472
Schedule of net income loss

The equity balance carried on the Company's balance sheet amounts to $20,117 for the year ended December 31, 2015.

 

    Year Ended 
December 31,
2015
 
       
Net sales   $ 1,576,414  
Gross profit   $ 483,881  
Operating expenses   $ 522,308  
Other income   $ 47,264  
Net income(loss)   $ 8,836