Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.8.0.1
Revenue Recognition (Tables)
 3 Months Ended
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of Prospective Adoption of New Accounting Pronouncements
The cumulative effect of changes made to the Company’s condensed consolidated balance sheet as of January 1, 2018 for the adoption of Topic 606 were as follows:
 
 
 
Balance at
December 31, 2017
 
Adjustments
due to Topic 606
 
Balance at
January 1, 2018
 
Current Assets
 
 
 
 
 
 
 
 
 
 
Receivables
 
$
20,117,304
 
$
11,600,000
 
$
31,717,304
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities, Mezzanine Equity and Stockholders’ Equity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Noncurrent Liabilities
 
 
 
 
 
 
 
 
 
 
Deferred tax liability
 
$
24,916,598
 
$
3,246,098
 
$
28,162,696
 
 
 
 
 
 
 
 
 
 
 
 
Mezzanine equity
 
 
 
 
 
 
 
 
 
 
Noncontrolling interest in Allied Pacific of California IPA
 
$
172,129,744
 
$
7,351,434
 
$
179,481,178
 
 
 
 
 
 
 
 
 
 
 
 
Stockholders’ Equity
 
 
 
 
 
 
 
 
 
 
Retained earnings
 
$
1,734,531
 
$
1,002,468
 
$
2,736,999
 
Disaggregation of Revenue
The following table presents disaggregated revenue generated by each payor type:
 
 
 
March 31, 2018
(unaudited)
 
March 31, 2017
(unaudited)
 
 
 
 
 
 
 
 
 
Commercial
 
$
105,350,102
 
$
83,848,918
 
Medicare
 
 
18,541,115
 
 
1,453,703
 
Medicaid
 
 
176,350
 
 
-
 
Other third parties
 
 
99,160
 
 
33,441
 
Revenue
 
$
124,166,727
 
$
85,336,062