Helios and Matheson Analytics (HMNY) 10-Q 11 Aug 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 09, 2017
Document Information [Line Items]
Entity Registrant Name	Helios & Matheson Analytics Inc.
Entity Central Index Key	1,040,792
Trading Symbol	hmny
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		7,071,799
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 1,433,980	$ 2,747,240
Accounts receivable - less allowance for doubtful accounts of $169,196 and $428,719 at June 30, 2017 and December 31, 2016, respectively	344,207	410,106
Unbilled receivables	58,625	45,207
Prepaid expenses and other current assets	703,616	597,171
Total current assets	2,540,428	3,799,724
Property and equipment, net	134,279	45,212
Intangible assets, net	5,346,532	6,004,691
Goodwill	4,599,969	4,599,969
Deposits and other assets	133,230	59,189
Total assets	12,754,438	14,508,785
Current liabilities:
Accounts payable and accrued expenses	1,605,742	1,331,118
Convertible notes payable, net of debt discount of $13,697 and $2,200,575 at June 30, 2017 and December 31, 2016, respectively	164,928	31,425
Derivative liability	298,970	1,207,792
Total current liabilities	2,069,640	2,570,335
Total liabilities	2,069,640	2,570,335
Commitments and Contingencies
Shareholders' equity:
Preferred stock, $.01 par value; 2,000,000 shares authorized; no shares issued and outstanding as of June 30, 2017 and December 31, 2016
Common stock, $.01 par value; 100,000,000 shares authorized; 7,071,799 and 4,874,839 issued and outstanding as of June 30, 2017 and December 31, 2016, respectively	70,718	48,748
Paid-in capital	65,700,571	55,258,111
Accumulated other comprehensive loss - foreign currency translation	(105,702)	(106,991)
Accumulated deficit	(54,980,789)	(43,261,418)
Total shareholders' equity	10,684,798	11,938,450
Total liabilities and shareholders' equity	$ 12,754,438	$ 14,508,785

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Allowance for doubtful accounts	$ 169,196	$ 428,719
Convertible notes payable, discount	$ 13,697	$ 2,200,575
Preferred Stock, Par Value (in dollars per share)	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized (in shares)	2,000,000	2,000,000
Preferred Stock, Shares Issued (in shares)	0	0
Preferred Stock, Shares Outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	7,071,799	4,874,839
Common stock, shares outstanding (in shares)	7,071,799	4,874,839

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues:
Revenue	$ 1,140,951	$ 1,858,186	$ 2,499,013	$ 3,887,630
Cost of revenue	917,564	1,337,430	2,023,049	2,792,378
Gross profit	223,387	520,756	475,964	1,095,252
Operating expenses:
Selling, general & administrative	1,635,710	612,756	5,780,446	1,332,358
Research and development	897,905		933,341
Depreciation & amortization	433,671	3,913	864,596	7,227
Total operating expenses	2,967,286	616,669	7,578,383	1,339,585
Loss from operations	(2,743,899)	(95,913)	(7,102,419)	(244,333)
Other income/(expense):
Change in fair market value - derivative liabilities	(301,479)		680,852
Interest expense	(2,184,374)		(5,293,206)
Interest income	19,309	2,919	37,259	3,925
Total other (expense)/ income	(2,466,544)	2,919	(4,575,095)	3,925
Loss before income taxes	(5,210,443)	(92,994)	(11,677,514)	(240,408)
Provision for income taxes	11,373	31,247	41,857	34,247
Net loss	(5,221,816)	(124,241)	(11,719,371)	(274,655)
Other comprehensive income/(loss)-foreign currency adjustment	466	(20,097)	1,289	(19,541)
Comprehensive loss	$ (5,221,350)	$ (144,338)	$ (11,718,082)	$ (294,196)
Net loss per share
Basic and Diluted (in dollars per share)	$ (0.79)	$ (0.05)	$ (1.97)	$ (0.12)
Weighted average shares (in shares)	6,570,637	2,330,438	5,957,401	2,330,438

Condensed Consolidated Stateme5

Condensed Consolidated Statement of Shareholders' Equity (Deficit) (Unaudited) - 6 months ended Jun. 30, 2017 - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2016		$ 48,748	$ 55,258,111	$ (106,991)	$ (43,261,418)	$ 11,938,450
Balance (in shares) at Dec. 31, 2016		4,874,839
Conversion of convertible notes and interest to shares of common stock (in shares)		1,676,960
Conversion of convertible notes and interest to shares of common stock		$ 16,770	6,682,632			6,699,402
Shares issued in exchange for services (in shares)		520,000
Shares issued in exchange for services		$ 5,200	1,891,200			1,896,400
Derivative liability which ceases to exist			1,868,628			1,868,628
Net Loss					(11,719,371)	(11,719,371)
Foreign Exchange Translation				1,289		1,289
Balance (in shares) at Jun. 30, 2017		7,071,799
Balance at Jun. 30, 2017		$ 70,718	$ 65,700,571	$ (105,702)	$ (54,980,789)	$ 10,684,798

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Loss	$ (11,719,371)	$ (274,655)
Adjustments to reconcile net loss to net cash (used in)/provided by operating activities:
Depreciation and amortization	864,596	7,227
Accretion of debt discount	3,587,910
Change in fair market value - derivative liabilities	(680,852)
Provision for doubtful accounts	2,005	(15,931)
Non-cash interest expense	965,656
Issuance of Stock and Warrants for Services or Claims	1,896,400
Change in operating assets and liabilities:
Accounts receivable	63,894	579,825
Unbilled receivables	(13,418)	216,394
Prepaid expenses and other current assets	(106,445)	20,169
Accounts payable and accrued expenses	271,124	(76,820)
Deposits and other assets	(70,541)	33,973
Net cash (used in)/provided by operating activities	(4,939,042)	490,182
CASH FLOWS FROM INVESTING ACTIVITIES:
Sale of property and equipment	958	867
Purchases of equipment	(101,322)
Trendit Ltd patent acquisition	(195,143)
Net cash (used in)/provided by investing activities	(295,507)	867
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES:
Proceeds from note payable	4,000,000
Repayment of September Placement Note	(80,000)
Net cash provided by financing activities	3,920,000
Net change in cash	(1,314,549)	491,049
Effect of foreign currency exchange rate changes on cash and cash equivalents	1,289	(19,541)
Cash, beginning of period	2,747,240	898,477
Cash, end of period	1,433,980	1,369,985
Supplemental disclosure of cash and non-cash transactions:
Cash paid for income taxes	5,975	2,250
Cash paid during the period for interest	253,407
Conversion of convertible notes and interest to shares of common stock	(6,699,402)
Increase in debt for new original issue discount	1,640,659
Derivative ceases to exist - reclassified to paid in capital	$ (1,868,628)

Note 1 - General

Note 1 - General	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. The accompanying unaudited interim condensed consolidated financial statements (“interim statements”) of Helios and Matheson Analytics Inc. (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10 10 X 1934, not not may December 31, 2016 December 31, 2016. December 31, 2016.

Note 2 - Change in Controlled C

Note 2 - Change in Controlled Company Status	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Change in Controlled Company Status [Text Block]	2. Prior to the merger between the Company’s wholly-owned subsidiary, Zone Acquisition, Inc. (“Zone Acquisition”), and Zone Technologies, Inc. (“Zone”), as described below, the Company was a controlled company as defined by Rule 5615 1 75% November 9, 2016, 5615 1

Note 3 - Merger with Zone Techn

Note 3 - Merger with Zone Technologies, Inc.	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	3. On November 9, 2016 ( July 7, 2016, August 25, 2016 September 21, 2016 ( On the Closing Date, the Company issued 1,740,000 0.174 Zone is the developer of the proprietary RedZone Map™, a GPS-driven, real-time crime and navigation map application whose goal is to enhance personal safety worldwide by providing users with real time crime data and a platform for alerting other users to criminal and other safety related occurrences in a navigation map format. Zone’s mapping lets users be pro-active when traveling, allowing them to enter a number of different cautionary items such as traffic problems, police sightings, road hazards, accidents and road closures. It also allows users to report a crime and to video upload live incidents. Zone’s business model has four first second third fourth While RedZone Map is a fully functioning app available for free in the Apple App Store and the Google Play Store, the Company has not The following tables summarize the fair values of the net assets/liabilities assumed and the allocation of the aggregate fair value of the purchase consideration, non–controlling interest and net liabilities to assumed identifiable and unidentifiable intangible assets: Purchase consideration: Common stock (1,740,000 shares at the transaction date fair value of $5.41 per share) $ 9,413,000 Liabilities assumed 1,574,512 Assets acquired (136,343 ) Aggregate fair value of enterprise 10,851,169 Purchase price allocation: Net liabilities assumed (1,488,476 ) Cash acquired 136,343 Total (1,352,133 ) Technology 4,270,000 Broker Relationships 4,200 Trademarks 1,977,000 Goodwill 4,599,969 Total purchase price allocation $ 10,851,169

Note 4 - Licensing Agreement wi

Note 4 - Licensing Agreement with Is It You Ltd.	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Research, Development, and Computer Software Disclosure [Text Block]	4. On May 18, 2017, one $80,000 1.6 1.6 one $20,000 20 20 one $1,000,000 100 100 Of the total $80,000 one $40,000 June 30, 2017. Pursuant to the Agreement, Licensor agreed to not third The Agreement has an initial term of 5 one 60 5 may 30 90 RedZone plans to integrate the facial recognition technology with its real-time crime/navigation app in the latter half of 2017.

Note 5 - Acquisition of Assets

Note 5 - Acquisition of Assets from Trendit Ltd.	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Business Combination Disclosure [Text Block]	5. On May 25, 2017, $195,143. 85% 90%, 15%, The technology acquired collects data from regular cellphone activity, which it tracks and compares with extensive social/economic databases. Zone believes the technology will enable the Redzone Map app to accurately determine crowd size, social/economic status and where a crowd is moving. Zone plans to use this patented, highly-sophisticated analytical technology to alert RedZone Map app users of potential threats to their personal safety and to inform law enforcement and government officials of the location and migration patterns of known criminal or terrorist individuals and groups. RedZone plans to begin integrating Trendit’s patented technology into the RedZone Map app and roll out related new features during the second 2017

Note 6 - Going Concern Analysis

Note 6 - Going Concern Analysis	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Substantial Doubt about Going Concern [Text Block]	6. The Company is subject to a number of risks similar to those of other big data technology and technology consulting companies, including its dependence on key individuals, uncertainty of product development and generation of revenues, dependence on outside sources of capital, risks associated with research, development, testing, and successful protection of intellectual property, and the Company’s susceptibility to infringement on the proprietary rights of others. The attainment of profitable operations is dependent on future events, including obtaining adequate financing to fulfill the Company’s development activities and generating a level of revenues adequate to support the Company's cost structure. The Company has experienced net losses and significant cash outflows from cash used in operating activities over the past years, and as of June 30, 2017, $54,980,789, three six June 30, 2017 $5,221,816 $11,719,371, six June 30, 2017 2016 $4,939,042 $490,182, The Company expects to continue to incur net losses and have significant cash outflows for at least the next twelve June 30, 2017, $1,433,980 $470,788, six June 30, 2017, $4,939,042. Management has evaluated the significance of the conditions described above in relation to the Company’s ability to meet its obligations and concluded that, without additional funding, the Company will not one no The accompanying condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern. This basis of accounting contemplates the recovery of the Company's assets and the satisfaction of liabilities in the normal course of business. A successful transition to attaining profitable operations is dependent upon achieving a level of positive cash flows adequate to support the Company's cost structure.

Note 7 - Summary of Significant

Note 7 - Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	7. Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Principles of Consolidation All intercompany transactions and balances have been eliminated. Goodwill Goodwill represents the excess of the purchase price over the fair value of the assets acquired and liabilities assumed. The Company is required to perform impairment reviews at each of its reporting units annually and more frequently in certain circumstances. The Company performs the annual assessment on December 31. In accordance with ASC 350–20 not not not not There were no three six June 30, 2017 2016. Revenue Recognition Consulting revenues are recognized as services are provided. The Company primarily provides consulting services under time and material contracts, whereby revenue is recognized as hours and costs are incurred. Clients for consulting revenues are billed on a weekly or monthly basis. Revenues from fixed fee contracts are recorded when work is performed on the basis of the proportionate performance method, which is based on costs incurred to date relative to total estimated costs. Any anticipated contract losses are estimated and accrued at the time they become known and estimable. Unbilled accounts receivables represent amounts recognized as revenue based on services performed in advance of customer billings. Revenue from sales of software licenses is recognized upon delivery of the software to a customer because future obligations associated with such revenue are insignificant. Research and Development Research and development costs are charged to operations when incurred and are included in operating expenses. Stock Based Compensation The Company uses the fair value method as specified by the FASB, whereby compensation cost is recognized over the remaining service period based on the grant-date fair value of those awards as calculated for pro forma disclosures as originally issued. Fair Value Measurements ASC Topic 820, Fair Value Measurement and Disclosures three may Level 1: Level 2: not Level 3: no The carrying value of the Company's short-term investments, prepaid expenses, accounts receivables, other current assets, accounts payable and accrued liabilities, gaming account balance, and advances from shareholder approximate fair value because of the short-term maturity of these financial instruments. The derivative liability in connection with the conversion feature of the convertible debt and warrants is classified as a level 3 Net Income/(Loss) Per Share Earnings per share (“EPS”) is the amount of earnings attributable to each share of common stock. For convenience, the term is used to refer to either earnings or loss per share. EPS is computed pursuant to Section 260 10 45 260 10 45 10 260 10 45 16, The following table shows the outstanding dilutive common shares excluded from the diluted net loss per share calculation as they were anti-dilutive: June 30, 2017 December 31, 2016 Warrants $ 150,714 $ 70,714 Conversion features on convertible notes 5,484 511,989 Total potentially dilutive shares $ 156,198 $ 582,703 Recent Accounting Pronouncements In May 2014, 2014 09 may August 2015, No. 2015 14, 2014 09 one December 15, 2017. 2014 09 December 31, 2016 2014 09. 2017, During January 2016, No. 2016 01, Financial Instruments — Overall: Recognition and Measurement of Financial Assets and Financial Liabilities 2016 01” December 15, 2017. not In February 2016, 2016 02, Leases, 842” 840, Leases not twelve twelve December 15, 2018, 2016 02 In May 2016, 2016 12, Revenue from Contracts with Customers 606” : Narrow-Scope Improvements and Practical Expedients 2016 12” 2016 12 1 1, 1, 2 3 4 5 not not 6 606 not 606. January 1, 2018, January 1, 2017. 2014 09 December 31, 2016 2014 09. 2017, In August 2016, 2016 15, Statement of Cash Flows 230” : Classification of Certain Cash Receipts and Cash Payments, 2016 15” 2016 15 eight 2016 15 December 15, 2017. 2016 15 In October 2016, 2016 16, Income Taxes 740” : Intra-Entity Transfers of Assets Other than Inventory December 15, 2019, 2016 15 In November 2016, 2016 18, Statement of Cash Flows 230” December 15, 2017 2016 18 In January 2017, 2017 01, Business Combinations 805” : Clarifying the Definition of a Business December 15, 2017, June 30, 2017, In January 2017, 2017 04, Intangibles - Goodwill and Other 350” : Simplifying the Test for Goodwill Impairment second not one zero zero 2020, January 1, 2017. June 30, 2017, In July 2017, 2017 11, Earnings Per Share 260” , Distinguishing Liabilities from Equity 480” , and Derivatives and Hedging 815" No. 2017 11 No. 2017 11 January 1, 2019. No. 2017 11

Note 8 - Property and Equipment

Note 8 - Property and Equipment, Net	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	8. Property and equipment, net on June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016 Equipment and leaseholds $ 98,587 $ 106,460 Furniture and Fixtures 131,691 34,186 Software 178,066 167,337 Subtotal 408,344 307,983 Less: Accumulated depreciation (274,065 ) (262,771 ) Property and Equipment, net $ 134,279 $ 45,212

Note 9 - Intangible Assets, Net

Note 9 - Intangible Assets, Net and Goodwill	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	9. The Company’s intangibles assets consisted of the following on June 30, 2017 December 31, 2016: June 30, 2017 December 31, 2016 Estimated Useful Life Net Book Value Net Book Value Technology 3 $ 4,270,000 $ 4,270,000 Trademarks 7 1,977,000 1,977,000 Broker Relationships 1 4,200 4,200 Patents 1 - 11 195,143 - Subtotal 6,446,343 6,251,200 Less: Accumulated amortization (1,099,811 ) (246,509 ) Intangible assets, net $ 5,346,532 $ 6,004,691 The Company recorded amortization expense of $426,651 $0 three June 30, 2017 2016, $853,302 $0 six June 30, 2017 2016, The following table outlines estimated future annual amortization expense for the next five June 30, Remaining 2017 $ 861,432 2018 1,722,864 2019 1,517,271 2020 299,530 2021 299,409 Thereafter 646,026 Total $ 5,346,532 Goodwill represents the difference between purchase cost and the fair value of net assets acquired in business acquisitions. Goodwill and indefinite lived intangible assets are tested for impairment annually as of December 31 st Balance as of December 31, 2016 $ 4,599,969 Goodwill Impairment Charge - Balance as of June 30, 2017 $ 4,599,969

Note 10 - Securities Purchase A

Note 10 - Securities Purchase Agreement	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	10. The Notes On September 7, 2016 “September $4,301,075 $1,000,000 $3,000,000 September December 7, 2017. June 30, 2017, $1,000,000 October 25, 2016; $1,100,000 November 16, 2016; $900,000 December 2, 2016. January 23, 2017, 887,707 September 6% 360 three six June 30, 2017, $0 $1,217 September January 2017. On December 2, 2016, two “December $6,720,000 $1,100,000 “December $4,900,000 December August 2, 2017 August 15, 2017. may may December June 30, 2017, $4.00 80% 3 20 June 30, 2017 December $1,076,818 $900,000 June 30, 2017 $6,820 6%, 360 three six June 30, 2017, $52,529 $137,546, December On February 8, 2017, two “February 2017 $5,681,818 “February 2017 $5,000,000 February 2017 October 8, 2017. may may February June 30, 2017, $4.00 80% 3 20 June 30, 2017, $0 February 2017 October 8, 2017. June 30, 2017, $5,000,000 May 23, 2017 $681,818 February 2017 6% 360 three six June 30, 2017, $81,023 $131,213, February 2017 The Placement Notes and Warrants The Company entered into an agreement with a placement agent (the “Placement Agent”) for assistance with the placement of the September “September $80,000 September 15 6% 360 three six June 30, 2017, September $0 $1,200 5 2016, 48,714 $4.54 $9.36 June 30, 2017 December 31, 2016 not The Company entered into an agreement with the Placement Agent for assistance with the placement of the December 5 “December December December December 31, 2016, December 22,000 $4.45 first six 2017 $4,000,000 December 80,000 $4.00 June 30, 2017 December 31, 2016 not December The Company entered into an agreement with the Placement Agent for assistance with the placement of the February 5 “February February 8% February $5,000,000 $4.50 June 30, 2017 December 31, 2016 not February Note Activity: Senior Secured Convertible Notes consists of the following: June 30, 2017 December 31, 2016 September Notes $ - $ 20,480 September Placement Note - 902 December Notes 164,928 10,043 February Notes - - Balance at period end $ 164,928 $ 31,425 Under ASC 210 20 45 1, The carrying value of the Senior Secured Convertible Notes is comprised of the following: June 30, 2017 December 31, 2016 September Notes $ - $ 332,000 September Placement Note - 80,000 December Notes 178,625 1,820,000 February Notes - - Unamortized discounts (13,697 ) (2,200,575 ) Carrying value $ 164,928 $ 31,425 During the three six June 30, 2017, $4,800,000 $6,657,000 $42,402 $42,402 1,210,608 1,676,960 Subsequent to June 30, 2017, not December February 2017

Note 11 - Fair Value of Financi

Note 11 - Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	11. Level 3 Financial liabilities measured at fair value on a recurring basis are summarized below and disclosed on the consolidated balance sheet as of June 30, 2017 December 31, 2016: Fair Value Measurement Using Level 3 Inputs Total Amount at Fair Value Level 1 Level 2 Level 3 June 30, 2017 Liabilities Derivative liability - warrants $ 141,755 $ - $ - $ 141,755 Derivative liability – conversion feature 157,215 - - 157,215 Total $ 298,970 $ - $ - $ 298,970 December 31, 2016 Liabilities Derivative liability - warrants $ 230,663 $ - $ - $ 230,663 Derivative liability – conversion feature 977,129 - - 977,129 Total $ 1,207,792 $ - $ - $ 1,207,792 The table below provides a summary of the changes in fair value, including net transfers in and/or out, of all financial liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3 six June 30, 2017: Amount Balance at December 31, 2016 $ 1,207,792 Purchases, issuances and settlements 1,640,658 Conversions to paid in capital (1,868,628 ) Change in fair value of derivative liabilities (680,852 ) Balance at June 30, 2017 $ 298,970 The fair value of the derivative conversion features and warrant liabilities as of June 30, 2017 December 31, 2016 June 30, 2017 December 31, 2016 Amount Amount Dividend Yield 0% 0% Expected Volatility 45% - 140% 154% - 230% Risk free interest rate 0.85% - 1.87% 0.82% - 1.12% Contractual term (in years) 0.38 - 4.90 0.67 - 5.00 Exercise price $4.00 - $9.36 $4.00 - $9.36 Changes in the observable input values would likely cause material changes in the fair value of the Company’s Level 3

Note 12 - Stock Based Compensat

Note 12 - Stock Based Compensation	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	12. The Company has a stock based compensation plan, which is described as follows: On March 3, 2014, 1997 2014 “2014 May 5, 2014. 520,000 1997 2014 400,000 2014 not 2014 2014 March 3, 2024. 2014 2014 2014 no 15% August 10, 2017 1,125,000 2014 1,005,000 Also, through the date of filing this Form 10 2014 third $1,896,400, six June 30, 2017.

Note 13 - Concentration of Cred

Note 13 - Concentration of Credit Risk	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	13. As of June 30, 2017 December 31, 2016, 4 59% 70% During the six June 30, 2017 2016, 87.3%, 89.1% 4 4 As of June 30, 2017 December 31, 2016, 3 52% 2 94%

Note 14 - Commitments and Conti

Note 14 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	14. The Company’s commitments at June 30, 2017 Operating Lease Commitments (1) Payments due by period Less than 1 year $ 114,141 1 to 3 years 677,895 3 to 5 years 347,985 Thereafter - Total $ 1,140,021 ( 1 350 7520, 10118. June 30, 2022. In addition, the Company’s Indian subsidiary has an office in Bangalore, India at a leased facility located at 3rd 7 560066. October 7, 2017. The Company’s executive office lease is subject to escalations based on increases in real estate taxes and operating expenses, all of which are charged to rent expense. Rent expense was $86,217, $54,872 three June 30, 2017 2016, $134,017 $124,485 six June 30, 2017 2016, In April 2017 three May 2017 $5,026 first 12 $5,177 12 $5,332 12 As of June 30, 2017, not Legal Proceeding : On August 24, 2016, 3839 “3839 3839 10% may December 7, 2016, 3839 3839 no $3,000,000 3839

Note 15 - Transactions With Rel

Note 15 - Transactions With Related Parties	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	15. Transactions with Helios and Matheson Information Technology Ltd. (“HMIT”) In September 2010 August 2013. $2,000,000 may December 31, 2015, $182,626 In August 2014, February 24, 2014. October 2014, August 2015. September 2015, three six June 30, 2017 2016 not HMIT ceased providing services under the MOU and PSA during the third 2015. The Company determined to provide for a reserve in its September 30, 2015 December 31, 2015 $2,300,000 $344,000 On January 21, 2016, February 15, 2016, not $2,300,000 September 30, 2016 December 31, 2016 Maruthi Consulting Inc. (Subsidiary of HMIT) The Company provided consulting services to Maruthi Consulting Inc., a subsidiary of HMIT. As of January 1, 2015, $75,338 2015 $223,454 no December 31, 2016. 2015, $237,318 June 30, 2017 December 31, 2016 $61,474 $61,474,

Note 16 - Warrants

Note 16 - Warrants	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Warrants, Disclosure [Text Block]	16. The following is a summary of the Company’s warrant activity during the six June 30, 2017: Warrant Shares Weighted Average Exercise Price Weighted Outstanding/exercisable – December 31, 2016 70,714 $ 6.26 4.87 Granted 80,000 4.00 4.95 Exercised - - - Forfeited/cancelled - - - Outstanding/exercisable – June 30, 2017 150,714 $ 5.06 4.91

Note 17 - Segment Reporting

Note 17 - Segment Reporting	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	17. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision–making group, in deciding how to allocate resources and in assessing performance. The Company’s chief operating decision–making group is composed of the Chief Executive Officer. The Company operates in two three six June 30, 2016, The Company evaluates performance of its operating segments based on revenue and operating loss. The following table summarizes the Company’s segment information for the six June 30, 2017 2016 For the Six Months Ended June 30, 2017 2016 Consulting Revenue $ 2,499,013 $ 3,887,630 Cost of Revenue 2,023,049 2,792,378 Gross Margin 475,964 1,095,252 Total operating expenses 4,663,029 1,339,585 Loss from operations (4,187,065 ) (244,333 ) Total other (expense)/income (4,541,120 ) 3,925 Provision for income taxes 41,857 34,247 Total net loss $ (8,770,042 ) $ (274,655 ) Technology Revenue $ - $ - Cost of Revenue - - Gross Margin - - Total operating expenses 2,915,354 - Loss from operations (2,915,354 ) - Total other expense (33,975 ) - Provision for income taxes - - Total net loss $ (2,949,329 ) $ - As of June 30, As of December 31, 2017 2016 Consulting Cash and cash equivalents $ 601,384 $ 1,095,732 Accounts receivable $ 344,207 $ 410,106 Unbilled receivables $ 58,625 $ 45,207 Prepaid expenses and other current assets $ 540,749 $ 554,338 Property and equipment $ 40,979 $ 34,368 Intangible assets $ - $ - Goodwill $ - $ - Deposits and other assets $ 123,178 $ 59,189 Accounts payable and accrued expenses $ 1,063,279 $ 1,196,668 Technology Cash and cash equivalents $ 832,596 $ 1,651,508 Accounts receivable $ - $ - Unbilled receivables $ - $ - Prepaid expenses and other current assets $ 162,867 $ 42,833 Property and equipment $ 93,300 $ 10,844 Intangible assets $ 5,346,532 $ 6,004,691 Goodwill $ 4,599,969 $ 4,599,969 Deposits and other assets $ 10,052 $ - Accounts payable and accrued expenses $ 542,463 $ 134,450

Note 18 - Subsequent Events

Note 18 - Subsequent Events	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Subsequent Events [Text Block]	18. The Company has evaluated subsequent events for disclosure through the date of issuance of the accompanying unaudited consolidated interim financial statements, noting there were no

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
Use of Estimates, Policy [Policy Text Block]	Use of Estimates and Assumptions and Critical Accounting Estimates and Assumptions The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation All intercompany transactions and balances have been eliminated.
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	Goodwill Goodwill represents the excess of the purchase price over the fair value of the assets acquired and liabilities assumed. The Company is required to perform impairment reviews at each of its reporting units annually and more frequently in certain circumstances. The Company performs the annual assessment on December 31. In accordance with ASC 350–20 not not not not There were no three six June 30, 2017 2016.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition Consulting revenues are recognized as services are provided. The Company primarily provides consulting services under time and material contracts, whereby revenue is recognized as hours and costs are incurred. Clients for consulting revenues are billed on a weekly or monthly basis. Revenues from fixed fee contracts are recorded when work is performed on the basis of the proportionate performance method, which is based on costs incurred to date relative to total estimated costs. Any anticipated contract losses are estimated and accrued at the time they become known and estimable. Unbilled accounts receivables represent amounts recognized as revenue based on services performed in advance of customer billings. Revenue from sales of software licenses is recognized upon delivery of the software to a customer because future obligations associated with such revenue are insignificant.
Research and Development Expense, Policy [Policy Text Block]	Research and Development Research and development costs are charged to operations when incurred and are included in operating expenses.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock Based Compensation The Company uses the fair value method as specified by the FASB, whereby compensation cost is recognized over the remaining service period based on the grant-date fair value of those awards as calculated for pro forma disclosures as originally issued.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements ASC Topic 820, Fair Value Measurement and Disclosures three may Level 1: Level 2: not Level 3: no The carrying value of the Company's short-term investments, prepaid expenses, accounts receivables, other current assets, accounts payable and accrued liabilities, gaming account balance, and advances from shareholder approximate fair value because of the short-term maturity of these financial instruments. The derivative liability in connection with the conversion feature of the convertible debt and warrants is classified as a level 3
Earnings Per Share, Policy [Policy Text Block]	Net Income/(Loss) Per Share Earnings per share (“EPS”) is the amount of earnings attributable to each share of common stock. For convenience, the term is used to refer to either earnings or loss per share. EPS is computed pursuant to Section 260 10 45 260 10 45 10 260 10 45 16, The following table shows the outstanding dilutive common shares excluded from the diluted net loss per share calculation as they were anti-dilutive: June 30, 2017 December 31, 2016 Warrants $ 150,714 $ 70,714 Conversion features on convertible notes 5,484 511,989 Total potentially dilutive shares $ 156,198 $ 582,703
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In May 2014, 2014 09 may August 2015, No. 2015 14, 2014 09 one December 15, 2017. 2014 09 December 31, 2016 2014 09. 2017, During January 2016, No. 2016 01, Financial Instruments — Overall: Recognition and Measurement of Financial Assets and Financial Liabilities 2016 01” December 15, 2017. not In February 2016, 2016 02, Leases, 842” 840, Leases not twelve twelve December 15, 2018, 2016 02 In May 2016, 2016 12, Revenue from Contracts with Customers 606” : Narrow-Scope Improvements and Practical Expedients 2016 12” 2016 12 1 1, 1, 2 3 4 5 not not 6 606 not 606. January 1, 2018, January 1, 2017. 2014 09 December 31, 2016 2014 09. 2017, In August 2016, 2016 15, Statement of Cash Flows 230” : Classification of Certain Cash Receipts and Cash Payments, 2016 15” 2016 15 eight 2016 15 December 15, 2017. 2016 15 In October 2016, 2016 16, Income Taxes 740” : Intra-Entity Transfers of Assets Other than Inventory December 15, 2019, 2016 15 In November 2016, 2016 18, Statement of Cash Flows 230” December 15, 2017 2016 18 In January 2017, 2017 01, Business Combinations 805” : Clarifying the Definition of a Business December 15, 2017, June 30, 2017, In January 2017, 2017 04, Intangibles - Goodwill and Other 350” : Simplifying the Test for Goodwill Impairment second not one zero zero 2020, January 1, 2017. June 30, 2017, In July 2017, 2017 11, Earnings Per Share 260” , Distinguishing Liabilities from Equity 480” , and Derivatives and Hedging 815" No. 2017 11 No. 2017 11 January 1, 2019. No. 2017 11

Note 3 - Merger with Zone Tec26

Note 3 - Merger with Zone Technologies, Inc. (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	Purchase consideration: Common stock (1,740,000 shares at the transaction date fair value of $5.41 per share) $ 9,413,000 Liabilities assumed 1,574,512 Assets acquired (136,343 ) Aggregate fair value of enterprise 10,851,169 Purchase price allocation: Net liabilities assumed (1,488,476 ) Cash acquired 136,343 Total (1,352,133 ) Technology 4,270,000 Broker Relationships 4,200 Trademarks 1,977,000 Goodwill 4,599,969 Total purchase price allocation $ 10,851,169

Note 7 - Summary of Significa27

Note 7 - Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	June 30, 2017 December 31, 2016 Warrants $ 150,714 $ 70,714 Conversion features on convertible notes 5,484 511,989 Total potentially dilutive shares $ 156,198 $ 582,703

Note 8 - Property and Equipme28

Note 8 - Property and Equipment, Net (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Property, Plant and Equipment [Table Text Block]	June 30, 2017 December 31, 2016 Equipment and leaseholds $ 98,587 $ 106,460 Furniture and Fixtures 131,691 34,186 Software 178,066 167,337 Subtotal 408,344 307,983 Less: Accumulated depreciation (274,065 ) (262,771 ) Property and Equipment, net $ 134,279 $ 45,212

Note 9 - Intangible Assets, N29

Note 9 - Intangible Assets, Net and Goodwill (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Finite-Lived Intangible Assets [Table Text Block]	June 30, 2017 December 31, 2016 Estimated Useful Life Net Book Value Net Book Value Technology 3 $ 4,270,000 $ 4,270,000 Trademarks 7 1,977,000 1,977,000 Broker Relationships 1 4,200 4,200 Patents 1 - 11 195,143 - Subtotal 6,446,343 6,251,200 Less: Accumulated amortization (1,099,811 ) (246,509 ) Intangible assets, net $ 5,346,532 $ 6,004,691
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	June 30, Remaining 2017 $ 861,432 2018 1,722,864 2019 1,517,271 2020 299,530 2021 299,409 Thereafter 646,026 Total $ 5,346,532
Schedule of Goodwill [Table Text Block]	Balance as of December 31, 2016 $ 4,599,969 Goodwill Impairment Charge - Balance as of June 30, 2017 $ 4,599,969

Note 10 - Securities Purchase30

Note 10 - Securities Purchase Agreement (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Convertible Debt Activity [Table Text Block]	June 30, 2017 December 31, 2016 September Notes $ - $ 20,480 September Placement Note - 902 December Notes 164,928 10,043 February Notes - - Balance at period end $ 164,928 $ 31,425
Long-term Debt [Text Block]	June 30, 2017 December 31, 2016 September Notes $ - $ 332,000 September Placement Note - 80,000 December Notes 178,625 1,820,000 February Notes - - Unamortized discounts (13,697 ) (2,200,575 ) Carrying value $ 164,928 $ 31,425

Note 11 - Fair Value of Finan31

Note 11 - Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Fair Value Measurement Using Level 3 Inputs Total Amount at Fair Value Level 1 Level 2 Level 3 June 30, 2017 Liabilities Derivative liability - warrants $ 141,755 $ - $ - $ 141,755 Derivative liability – conversion feature 157,215 - - 157,215 Total $ 298,970 $ - $ - $ 298,970 December 31, 2016 Liabilities Derivative liability - warrants $ 230,663 $ - $ - $ 230,663 Derivative liability – conversion feature 977,129 - - 977,129 Total $ 1,207,792 $ - $ - $ 1,207,792
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Amount Balance at December 31, 2016 $ 1,207,792 Purchases, issuances and settlements 1,640,658 Conversions to paid in capital (1,868,628 ) Change in fair value of derivative liabilities (680,852 ) Balance at June 30, 2017 $ 298,970
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]	June 30, 2017 December 31, 2016 Amount Amount Dividend Yield 0% 0% Expected Volatility 45% - 140% 154% - 230% Risk free interest rate 0.85% - 1.87% 0.82% - 1.12% Contractual term (in years) 0.38 - 4.90 0.67 - 5.00 Exercise price $4.00 - $9.36 $4.00 - $9.36

Note 14 - Commitments and Con32

Note 14 - Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]	Operating Lease Commitments (1) Payments due by period Less than 1 year $ 114,141 1 to 3 years 677,895 3 to 5 years 347,985 Thereafter - Total $ 1,140,021

Note 16 - Warrants (Tables)

Note 16 - Warrants (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	Warrant Shares Weighted Average Exercise Price Weighted Outstanding/exercisable – December 31, 2016 70,714 $ 6.26 4.87 Granted 80,000 4.00 4.95 Exercised - - - Forfeited/cancelled - - - Outstanding/exercisable – June 30, 2017 150,714 $ 5.06 4.91

Note 17 - Segment Reporting (Ta

Note 17 - Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Reconciliation of Revenue and Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	For the Six Months Ended June 30, 2017 2016 Consulting Revenue $ 2,499,013 $ 3,887,630 Cost of Revenue 2,023,049 2,792,378 Gross Margin 475,964 1,095,252 Total operating expenses 4,663,029 1,339,585 Loss from operations (4,187,065 ) (244,333 ) Total other (expense)/income (4,541,120 ) 3,925 Provision for income taxes 41,857 34,247 Total net loss $ (8,770,042 ) $ (274,655 ) Technology Revenue $ - $ - Cost of Revenue - - Gross Margin - - Total operating expenses 2,915,354 - Loss from operations (2,915,354 ) - Total other expense (33,975 ) - Provision for income taxes - - Total net loss $ (2,949,329 ) $ - As of June 30, As of December 31, 2017 2016 Consulting Cash and cash equivalents $ 601,384 $ 1,095,732 Accounts receivable $ 344,207 $ 410,106 Unbilled receivables $ 58,625 $ 45,207 Prepaid expenses and other current assets $ 540,749 $ 554,338 Property and equipment $ 40,979 $ 34,368 Intangible assets $ - $ - Goodwill $ - $ - Deposits and other assets $ 123,178 $ 59,189 Accounts payable and accrued expenses $ 1,063,279 $ 1,196,668 Technology Cash and cash equivalents $ 832,596 $ 1,651,508 Accounts receivable $ - $ - Unbilled receivables $ - $ - Prepaid expenses and other current assets $ 162,867 $ 42,833 Property and equipment $ 93,300 $ 10,844 Intangible assets $ 5,346,532 $ 6,004,691 Goodwill $ 4,599,969 $ 4,599,969 Deposits and other assets $ 10,052 $ - Accounts payable and accrued expenses $ 542,463 $ 134,450

Note 3 - Merger with Zone Tec35

Note 3 - Merger with Zone Technologies, Inc. (Details Textual)	Nov. 09, 2016shares
Stock Issued During Period, Shares, Acquisitions	1,740,000
Business Combination, Exchange Ratio	0.174

Note 3 - Merger with Zone Tec36

Note 3 - Merger with Zone Technologies, Inc. - Schedule of Business Acquisition (Details) - USD ($)	Nov. 09, 2016	Jun. 30, 2017	Dec. 31, 2016
Goodwill		$ 4,599,969	$ 4,599,969
Zone Technologies, Inc. [Member]
Common stock (1,740,000 shares at the transaction date fair value of $5.41 per share)	$ 9,413,000
Liabilities assumed	1,574,512
Assets acquired	(136,343)
Aggregate fair value of enterprise	10,851,169
Net liabilities assumed	(1,488,476)
Cash acquired	136,343
Total	(1,352,133)
Technology	4,270,000
Broker Relationships	4,200
Trademarks	1,977,000
Goodwill	4,599,969
Total purchase price allocation	$ 10,851,169

Note 3 - Merger with Zone Tec37

Note 3 - Merger with Zone Technologies, Inc. - Schedule of Business Acquisition (Details) (Parentheticals)	Nov. 09, 2016$ / sharesshares
Stock issued pursuant to acquisition, Shares (in shares)	1,740,000
Zone Technologies, Inc. [Member]
Stock issued pursuant to acquisition, Shares (in shares)	1,740,000
Stock issued pursuant to acquisition, Fair value per share (in dollars per share) | $ / shares	$ 5.41

Note 4 - Licensing Agreement 38

Note 4 - Licensing Agreement with Is It You Ltd. (Details Textual) xbrli-pure in Millions	May 18, 2017USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Payments to Acquire Intangible Assets		$ 195,143
Is It You Ltd. [Member]
Licensing Term	5 years
Licensing Agreement Renewal Term	1 year
Is It You Ltd. [Member] | Licensing Agreements [Member]
Payments to Acquire Intangible Assets	$ 40,000
License Costs For Up to 1.6 Million End-Users [Member] | Is It You Ltd. [Member]
License Costs	$ 80,000
Maximum Number of End-User Licenses Issuable Under a Licensing Agreement	1.6
License Costs For the Additional End-Users Beyond 1.6 Million End-Users and Up to 20 Million End-Users [Member] | Is It You Ltd. [Member]
Contingent Additional License Costs	$ 20,000
Maximum Number of End-User Licenses Issuable Under a Licensing Agreement	20
License Costs For the Additional End-Users Beyond 20 Million End-Users and Up to 100 Million End-Users [Member] | Is It You Ltd. [Member]
Contingent Additional License Costs	$ 1,000,000
Maximum Number of End-User Licenses Issuable Under a Licensing Agreement	100

Note 5 - Acquisition of Asset39

Note 5 - Acquisition of Assets from Trendit Ltd. (Details Textual)	May 25, 2017USD ($)
Payments to Acquire Businesses, Gross	$ 195,143

Note 6 - Going Concern Analys40

Note 6 - Going Concern Analysis (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Retained Earnings (Accumulated Deficit)	$ (54,980,789)		$ (54,980,789)		$ (43,261,418)
Net Income (Loss) Attributable to Parent	(5,221,816)	$ (124,241)	(11,719,371)	$ (274,655)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations			(4,939,042)	490,182
Cash and Cash Equivalents, at Carrying Value	1,433,980	$ 1,369,985	1,433,980	$ 1,369,985	$ 2,747,240	$ 898,477
Working Capital	$ 470,788		$ 470,788

Note 7 - Summary of Significa41

Note 7 - Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Goodwill, Impairment Loss	$ 0	$ 0	$ 0	$ 0

Note 7 - Summary of Significa42

Note 7 - Summary of Significant Accounting Policies - Anti-dilutive Securities (Details) - shares	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Total potentially dilutive shares (in shares)	156,198	582,703
Warrant [Member]
Total potentially dilutive shares (in shares)	150,714	70,714
Convertible Debt Securities [Member]
Total potentially dilutive shares (in shares)	5,484	511,989

Note 8 - Property and Equipme43

Note 8 - Property and Equipment, Net - Property and Equipment, at Cost (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Equipment and leaseholds	$ 98,587	$ 106,460
Furniture and Fixtures	131,691	34,186
Software	178,066	167,337
Subtotal	408,344	307,983
Less: Accumulated depreciation	(274,065)	(262,771)
Property and Equipment, net	$ 134,279	$ 45,212

Note 9 - Intangible Assets, N44

Note 9 - Intangible Assets, Net and Goodwill (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Amortization of Intangible Assets	$ 426,651	$ 0	$ 853,302	$ 0

Note 9 - Intangible Assets, N45

Note 9 - Intangible Assets, Net and Goodwill - Intangible Assets (Details) - USD ($)	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Finite-Lived Intangible Asset, Gross	$ 6,446,343	$ 6,251,200
Less: Accumulated amortization	(1,099,811)	(246,509)
Intangible assets, net	5,346,532	6,004,691
Technology-Based Intangible Assets [Member]
Finite-Lived Intangible Asset, Gross	$ 4,270,000	4,270,000
Finite-Lived Intangible Asset, Useful Life (Year)	3 years
Trademarks [Member]
Finite-Lived Intangible Asset, Gross	$ 1,977,000	1,977,000
Finite-Lived Intangible Asset, Useful Life (Year)	7 years
Broker Relationships [Member]
Finite-Lived Intangible Asset, Gross	$ 4,200	4,200
Finite-Lived Intangible Asset, Useful Life (Year)	1 year
Patents [Member]
Finite-Lived Intangible Asset, Gross	$ 195,143
Patents [Member] | Minimum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	1 year
Patents [Member] | Maximum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	11 years

Note 9 - Intangible Assets, N46

Note 9 - Intangible Assets, Net and Goodwill - Estimated Future Annual Amortization Expense (Details)	Jun. 30, 2017USD ($)
Remaining 2,017	$ 861,432
2,018	1,722,864
2,019	1,517,271
2,020	299,530
2,021	299,409
Thereafter	646,026
Total	$ 5,346,532

Note 9 - Intangible Assets, N47

Note 9 - Intangible Assets, Net and Goodwill - Schedule of Goodwill (Details)	6 Months Ended
	Jun. 30, 2017USD ($)
Balance as of December 31, 2016	$ 4,599,969
Goodwill Impairment Charge
Balance as of June 30, 2017	$ 4,599,969

Note 10 - Securities Purchase48

Note 10 - Securities Purchase Agreement (Details Textual) - USD ($)	May 23, 2017	Feb. 08, 2017	Jan. 23, 2017	Dec. 02, 2016	Nov. 16, 2016	Oct. 25, 2016	Sep. 07, 2016	Jun. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Warrants Issued for Placement Agent Services [Member]
Class of Warrant or Right, Term							5 years
Class of Warrant or Right, Number of Securities Called by Warrants or Rights										48,714
Warrants Issued for Placement Agent Services [Member] | Minimum [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights										$ 4.54
Warrants Issued for Placement Agent Services [Member] | Maximum [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights										$ 9.36
Warrants Issued in Connection with December 2016 Securities Purchase Agreement [Member]
Class of Warrant or Right, Term				5 years
Class of Warrant or Right, Number of Securities Called by Warrants or Rights										22,000
Class of Warrant or Right, Issued During Period									80,000
Class of Warrant or Right, Exercise Price of Warrants or Rights								$ 4	$ 4	$ 4.45
Warrants Issued in Connection with February 2017 Securities Purchase Agreement [Member]
Class of Warrant or Right, Term		5 years
Common Stock Purchased, Percentage		8.00%
Debt Instrument, Restricted Principal		$ 5,000,000
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 4.50
Converted Debt to Common Stock [Member]
Debt Conversion, Original Debt, Amount								$ 4,800,000	$ 6,657,000
Debt Conversion, Original Debt, Accrued Interest								$ 42,402	$ 42,402
Debt Conversion, Converted Instrument, Shares Issued								1,210,608	1,676,960
Investor Note [Member]
Financing Receivable, Net							$ 3,000,000
Voluntary Prepayment of Notes Receivable that Will Trigger the Debt Instrument's Alternate Conversion Price				$ 900,000	$ 1,100,000	$ 1,000,000
Debt Conversion, Converted Instrument, Shares Issued			887,707
Senior Secured Convertible Notes [Member]
Proceeds from Convertible Debt							1,000,000
Debt Instrument, Face Amount							$ 4,301,075
Debt Instrument, Interest Rate, Stated Percentage							6.00%
Interest Expense, Debt								$ 0	$ 1,217
December 2016 Notes [Member]
Proceeds from Convertible Debt									4,000,000
Repayments of Convertible Debt									1,076,818
Long-term Debt, Gross								900,000	900,000
Interest Payable								6,820	6,820
Interest Expense, Debt								$ 52,529	$ 137,546
December 2016 Notes [Member] | Convertible Notes Payable [Member]
Proceeds from Convertible Debt				1,100,000
Debt Instrument, Face Amount				4,900,000
Debt Instrument, Convertible, Conversion Price								$ 4	$ 4
Debt Instrument, Percentage of Quotient Used in Determination of Alternative Conversion Price									80.00%
Debt Instrument, Convertible, Threshold Consecutive Trading Days									3
Debt Instrument, Interest Rate, Stated Percentage								6.00%	6.00%
Convertible Notes Payable				$ 6,720,000
February 2017 Notes [Member]
Debt Conversion, Original Debt, Amount	$ 681,818
Convertible Notes Payable								$ 5,000,000	$ 5,000,000
February 2017 Notes [Member] | Convertible Notes Payable [Member]
Short-term Debt, Number of Instruments Issued		2
Short-term Debt		$ 5,681,818
Debt Instrument, Face Amount		$ 5,000,000
Debt Instrument, Convertible, Conversion Price								$ 4	$ 4
Debt Instrument, Percentage of Quotient Used in Determination of Alternative Conversion Price									80.00%
Debt Instrument, Convertible, Threshold Consecutive Trading Days									3
Repayments of Convertible Debt									$ 0
Debt Instrument, Interest Rate, Stated Percentage		6.00%
Interest Expense, Debt								$ 81,023	131,213
Palladium Note Payable [Member]
Debt Instrument, Face Amount							$ 80,000
Debt Instrument, Term							1 year 90 days
Debt Instrument, Interest Rate, Stated Percentage							6.00%
Interest Expense, Debt								$ 0	$ 1,200

Note 10 - Securities Purchase49

Note 10 - Securities Purchase Agreement - Activity in the Convertible Notes (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Senior Secured Convertible Notes [Member]
Senior Secured Convertible Notes	$ 164,928	$ 31,425
September Notes [Member] | Senior Secured Convertible Notes [Member]
Senior Secured Convertible Notes		20,480
September Placement Note [Member] | Senior Secured Convertible Notes [Member]
Senior Secured Convertible Notes		902
December Notes [Member] | Senior Secured Convertible Notes [Member]
Senior Secured Convertible Notes	164,928	10,043
February Notes [Member] | Senior Secured Convertible Notes [Member]
Senior Secured Convertible Notes

Note 10 - Securities Purchase50

Note 10 - Securities Purchase Agreement - Carrying Value of Senior Secured Convertible Notes (Details) - Senior Secured Convertible Notes [Member] - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Unamortized discounts	$ (13,697)	$ (2,200,575)
Carrying value	164,928	31,425
September Notes [Member]
Long-term debt gross		332,000
September Placement Note [Member]
Long-term debt gross		80,000
December Notes [Member]
Long-term debt gross	178,625	1,820,000
February Notes [Member]
Long-term debt gross

Note 11 - Fair Value of Finan51

Note 11 - Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis - Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Derivative liability	$ 298,970	$ 1,207,792
Fair Value, Measurements, Recurring [Member]
Derivative liability - warrants		230,663
Derivative liability – conversion feature		977,129
Derivative liability		1,207,792
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Derivative liability - warrants
Derivative liability – conversion feature
Derivative liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative liability - warrants
Derivative liability – conversion feature
Derivative liability
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative liability - warrants		230,663
Derivative liability – conversion feature		977,129
Derivative liability		$ 1,207,792
Reported Value Measurement [Member] | Fair Value, Measurements, Recurring [Member]
Derivative liability - warrants	141,755
Derivative liability – conversion feature	157,215
Derivative liability	298,970
Estimate of Fair Value Measurement [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Derivative liability - warrants
Derivative liability – conversion feature
Derivative liability
Estimate of Fair Value Measurement [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative liability - warrants
Derivative liability – conversion feature
Derivative liability
Estimate of Fair Value Measurement [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative liability - warrants	141,755
Derivative liability – conversion feature	157,215
Derivative liability	$ 298,970

Note 11 - Fair Value of Finan52

Note 11 - Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis - Summary of the Changes in Fair Value (Details)	6 Months Ended
	Jun. 30, 2017USD ($)
Balance	$ 1,207,792
Purchases, issuances and settlements	1,640,658
Conversions to paid in capital	(1,868,628)
Change in fair value of derivative liabilities	(680,852)
Balance	$ 298,970

Note 11 - Fair Value of Finan53

Note 11 - Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis - Valuation Assumptions (Details) - Derivative Conversion Features and Warrant Liabilities [Member] - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Dividend Yield	0.00%	0.00%
Minimum [Member]
Expected Volatility	45.00%	154.00%
Risk free interest rate	0.85%	0.82%
Contractual term (in years) (Year)	138 days	244 days
Exercise price (in dollars per share)	$ 4	$ 4
Maximum [Member]
Expected Volatility	140.00%	230.00%
Risk free interest rate	1.87%	1.12%
Contractual term (in years) (Year)	4 years 328 days	5 years
Exercise price (in dollars per share)	$ 9.36	$ 9.36

Note 12 - Stock Based Compens54

Note 12 - Stock Based Compensation (Details Textual) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Nov. 07, 2016	Mar. 02, 2014
Issuance of Stock and Warrants for Services or Claims	$ 1,896,400
The 1997 Stock Options and Award Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number				520,000
The 2014 Equity Incentive Plan [Member]
Common Stock, Capital Shares Reserved for Future Issuance	400,000		1,125,000
The 2014 Equity Incentive Plan [Member] | Third Party Service Providers [Member] | Selling, General and Administrative Expenses [Member]
Issuance of Stock and Warrants for Services or Claims	$ 1,896,400
The 2014 Equity Incentive Plan [Member] | Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	1,005,000
The 2014 Equity Incentive Plan [Member] | Zone Technologies, Inc. [Member]
Percentage of Fully Diluted Common Shares, Post-Merger, New Issuance Limitation	15.00%

Note 13 - Concentration of Cr55

Note 13 - Concentration of Credit Risk (Details Textual)	6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Customer Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk, Percentage	59.00%		70.00%
Number of Major Customers	4
Customer Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk, Percentage	87.30%	89.10%
Number of Major Customers	4	4
Supplier Concentration Risk [Member] | Accounts Payable, Benchmark [Member]
Number of Major Vendors	3		2
Concentration Risk, Percentage	52.00%		94.00%

Note 14 - Commitments and Con56

Note 14 - Commitments and Contingencies (Details Textual) - USD ($)	Apr. 01, 2017	Aug. 24, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Operating Leases, Rent Expense			$ 86,217	$ 54,872	$ 134,017	$ 124,485
The 3839 Holdings LLC Litigation Case [Member] | Minimum [Member]
Loss Contingency, Damages Sought, Value		$ 3,000,000,000,000
The 3839 Holdings LLC [Member] | Highland Holdings Group, Inc [Member]
Equity Method Investment, Ownership Percentage		10.00%
Lease Arrangement for Office Space in Miami [Member]
Lessee, Operating Lease, Term of Contract	3 years
Lessee, Operating Lease, Monthly Rental Payments, First Twelve Months	$ 5,026
Lessee, Operating Lease, Monthly Rental Payments, Year Two	5,177
Lessee, Operating Lease, Monthly Rental Payments, Year Three	$ 5,332

Note 14 - Commitments and Con57

Note 14 - Commitments and Contingencies - Summary of Operating Lease Commitments (Details)	Jun. 30, 2017USD ($)
Less than 1 year	$ 114,141	[1]
1 to 3 years	677,895
3 to 5 years	347,985
Thereafter
Total	$ 1,140,021
[1]	(1) The Company's executive office is located at the Empire State Building, 350 Fifth Avenue, Suite 7520, New York, New York 10118. The Company's executive office is located in a leased facility with a term expiring on June 30, 2022.

Note 15 - Transactions With R58

Note 15 - Transactions With Related Parties (Details Textual) - USD ($)	3 Months Ended		6 Months Ended		9 Months Ended	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2010
Revenues	$ 1,140,951	$ 1,858,186	$ 2,499,013	$ 3,887,630
Helios and Matheson Parent [Member]
Reserve for Reimbursable Expenses and Advances							$ 344,000
Accounts Receivable, Related Parties							182,626
Revenues	0	$ 0	0	$ 0	$ 2,300,000	$ 2,300,000
Reserve for Security Deposit and Reimbursable Expenses and Advances							2,300,000	$ 2,300,000
Maruthi Consulting Inc., Subsidiary [Member]
Accounts Receivable, Related Parties	$ 61,474		$ 61,474			61,474			$ 75,338
Additional Amounts Billed							223,454
Proceeds From Related Party						$ 0	$ 237,318
Security Deposits [Member] | Helios and Matheson Parent [Member]
Due from Related Parties										$ 2,000,000

Note 16 - Warrants - Warrant Ac

Note 16 - Warrants - Warrant Activity (Details) - Warrants Issued for Placement Agent Services [Member] - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Number of Warrants, Beginning Balance (in shares)	70,714
Weighted Average Exercise Price, Begining (in dollars per share)	$ 6.26
Weighted Average Exercise Price, Ending (in dollars per share)	$ 5.06	$ 6.26
Weighted Average Remaining Contractual Life (Year)	4 years 332 days	4 years 317 days
Number of Warrants, Granted (in shares)	80,000
Weighted Average Exercise Price, Granted (in dollars per share)	$ 4
Weighted Average Remaining Contractual Life, Granted (Year)	4 years 346 days
Number of Warrants, Exercised (in shares)
Weighted Average Exercise Price, Exercised (in dollars per share)
Weighted Average Remaining Contractual Life, Exercised (Year)
Number of Warrants, Forfeited/Cancelled (in shares)
Weighted Average Exercise Price, Forfeited/Cancelled (in dollars per share)
Weighted Average Remaining Contractual Life, Forfeited/Cancelled (Year)
Number of Warrants, Ending Balance (in shares)	150,714	70,714

Note 17 - Segment Reporting (De

Note 17 - Segment Reporting (Details Textual)	6 Months Ended
	Jun. 30, 2017
Number of Operating Segments	2

Note 17 - Segment Reporting - S

Note 17 - Segment Reporting - Summary of Segment Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Loss from operations	$ (2,743,899)	$ (95,913)	$ (7,102,419)	$ (244,333)
Total other (expense)/income	(2,466,544)	2,919	(4,575,095)	3,925
Provision for income taxes	11,373	31,247	41,857	34,247
Net Income (Loss) Attributable to Parent	(5,221,816)	(124,241)	(11,719,371)	(274,655)
Revenue	1,140,951	1,858,186	2,499,013	3,887,630
Cost of revenue	917,564	1,337,430	2,023,049	2,792,378
Gross Margin	223,387	520,756	475,964	1,095,252
Total operating expenses	2,967,286	616,669	7,578,383	1,339,585
Prepaid expenses and other current assets	703,616		703,616		$ 597,171
Property and equipment, net	134,279		134,279		45,212
Intangible assets, net	5,346,532		5,346,532		6,004,691
Goodwill	4,599,969		4,599,969		4,599,969
Deposits and other assets	133,230		133,230		59,189
Accounts payable and accrued expenses	1,605,742		1,605,742		1,331,118
Cash and cash equivalents	1,433,980	1,369,985	1,433,980	1,369,985	2,747,240	$ 898,477
Accounts receivable	344,207		344,207		410,106
Unbilled receivables	58,625		58,625		$ 45,207
Consulting Segment [Member]
Loss from operations			(4,187,065)	(244,333)
Total other (expense)/income			(4,541,120)	3,925
Provision for income taxes			41,857	34,247
Net Income (Loss) Attributable to Parent			(8,770,042)	(274,655)
Revenue			2,499,013	3,887,630
Cost of revenue			2,023,049	2,792,378
Gross Margin			475,964	1,095,252
Total operating expenses			4,663,029	1,339,585
Prepaid expenses and other current assets	540,749	554,338	540,749	554,338
Property and equipment, net	40,979	34,368	40,979	34,368
Intangible assets, net
Goodwill
Deposits and other assets	123,178	59,189	123,178	59,189
Accounts payable and accrued expenses	1,063,279	1,196,668	1,063,279	1,196,668
Cash and cash equivalents	601,384	1,095,732	601,384	1,095,732
Accounts receivable	344,207	410,106	344,207	410,106
Unbilled receivables	58,625	45,207	58,625	45,207
Technology Segment [Member]
Loss from operations			(2,915,354)
Total other (expense)/income			(33,975)
Provision for income taxes
Net Income (Loss) Attributable to Parent			(2,949,329)
Revenue
Cost of revenue
Gross Margin
Total operating expenses			2,915,354
Prepaid expenses and other current assets	162,867	42,833	162,867	42,833
Property and equipment, net	93,300	10,844	93,300	10,844
Intangible assets, net	5,346,532	6,004,691	5,346,532	6,004,691
Goodwill	4,599,969	4,599,969	4,599,969	4,599,969
Deposits and other assets	10,052		10,052
Accounts payable and accrued expenses	542,463	134,450	542,463	134,450
Cash and cash equivalents	832,596	1,651,508	832,596	1,651,508
Accounts receivable
Unbilled receivables