Consolidated Statement of Operations - USD ($)
|
12 Months Ended |
Dec. 31, 2016 |
Dec. 31, 2015 |
| Revenues: |
|
|
| Revenues and management fees from company clinics |
$ 8,578,048
|
$ 3,651,273
|
| Royalty fees |
5,973,079
|
4,515,203
|
| Franchise fees |
2,286,809
|
2,471,259
|
| Advertising fund revenue |
1,866,406
|
1,191,124
|
| IT related income and software fees |
932,709
|
808,070
|
| Regional developer fees |
617,573
|
866,802
|
| Other revenues |
269,016
|
331,700
|
| Total revenues |
20,523,640
|
13,835,431
|
| Cost of revenues: |
|
|
| Franchise cost of revenues |
2,717,691
|
2,642,451
|
| IT cost of revenues |
221,918
|
177,462
|
| Total cost of revenues |
2,939,609
|
2,819,913
|
| Selling and marketing expenses |
4,419,180
|
2,843,613
|
| Depreciation and amortization |
2,566,136
|
1,268,955
|
| General and administrative expenses |
22,101,083
|
16,219,392
|
| Total selling, general and administrative expenses |
29,086,399
|
20,331,960
|
| Loss on disposition or impairment |
3,520,370
|
|
| Loss from operations |
(15,022,738)
|
(9,316,442)
|
| Other (expense) income: |
|
|
| Bargain purchase gain |
|
261,147
|
| Other income, net |
13,295
|
22,119
|
| Total other (expense) income |
13,295
|
283,266
|
| Loss before income tax expense |
(15,009,443)
|
(9,033,176)
|
| Income tax (expense) benefit |
(164,429)
|
235,855
|
| Net loss and comprehensive loss |
$ (15,173,872)
|
$ (8,797,321)
|
| Loss per share: |
|
|
| Basic and diluted loss per share (in dollars per share) |
$ (1.20)
|
$ (0.88)
|
| Basic and diluted weighted average shares (in shares) |
12,696,649
|
10,042,001
|