Discontinued Operations
 12 Months Ended
Dec. 31, 2015
Discontinued Operations [Abstract]  
Discontinued Operations

12.  Discontinued Operations

 

The Company's subsidiary, RMDDxUSA Corp. and its Prince Edward Island subsidiary RMDDx Corporation (collectively "WirelessDx"), discontinued operations 2012, filed for relief under Chapter 7 (Liquidation) of the United States Bankruptcy Code in 2014 and on March 20, 2015, the Chapter 7 Order was formally discharged and the case was closed.

 

For 2015 net income of $362,610 was recorded from discontinued operations as a result of the write-off of the remaining liabilities of $320,056 and the reversal of accumulated other comprehensive income of $42,553 from cumulative translation adjustments from RMDDx Corporation.

 

The assets and liabilities of the discontinued operations are listed below:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended

 

 

December 31,

 

 

2015

 

2014

Cash

 

$

 —

 

$

 —

Total current assets from discontinued operations

 

 

 —

 

 

 —

Total assets from discontinued operations

 

$

 —

 

$

 —

 

 

 

 

 

 

 

Accounts payable and accrued expenses

 

$

 —

 

$

 320,056 

Total current liabilities from discontinued operations

 

 

 —

 

 

 320,056 

Total liabilities from discontinued operations

 

$

 —

 

$

 320,056