Quarterly report pursuant to Section 13 or 15(d)

Discontinued operations (Tables)

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Discontinued operations (Tables)
 3 Months Ended
Mar. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Information about Discontinued Operations
The following table shows the components of assets and liabilities that are classified as discontinued operations in the Company's consolidated balance sheets as of March 31, 2016 and December 31, 2015:
 
 
March 31, 
 2016
 
December 31, 
 2015
 
 
 
 
Other current assets
$
47,556

 
$
48,163

   Assets of discontinued operations - current
47,556

 
48,163

 
 
 
 
Security deposits
75,000

 
75,000

   Assets of discontinued operations - long term
75,000

 
75,000

 
 
 
 
Accounts payable and accrued liabilities
405,401

 
409,108

   Liabilities of discontinued operations - current
405,401

 
409,108

 
 
 
 
Net assets
$
(282,845
)
 
$
(285,945
)
  
Summarized operating results related to these entities are included in discontinued operations in the accompanying consolidated statements of operations and comprehensive loss for the three months ended March 31, 2016 and 2015:
 
 
Three Months Ended March 31,
 
2016
 
2015
 
 
 
 
Revenue
$
—

 
$
—

Costs and Expenses
(1,835
)
 
3,138

Net loss from discontinued operations, net of taxes
$
1,835

 
$
(3,138
)