91르적 General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Nature of Operations and Going Concern (from 10Q) (Tables)

Nature of Operations and Going Concern (from 10Q) (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2013

Dec. 31, 2012

Nature Of Operations And Going Concern Tables

Discontinued Operations

The following table shows the results of the "Smart Home Integration Certificate" program component included in the income (loss) from discontinued operations:


	For the Three Months Ended March 31,
	2013			2012
Revenues	$	123,357		$	811,041

Costs and expenses:
Instructional costs and services		111,021			683,895
General and administrative		31,000			-
Total costs and expenses		142,021			683,895

Income (loss) from discontinued operations, net of income taxes	$	(18,664	)	$	127,146

The major classes of assets and liabilities of discontinued operations on the balance sheets are as follows:


	March 31, 2013		December 31, 2012
Assets
Cash and cash equivalents	$	-	$	67,750
Accounts receivable, net of allowance of $200,045 and $169,045, respectively		171,831		322,026
Other current assets		11,916		3,438
Net assets from discontinued operations	$	183,747	$	393,214
Liabilities
Accounts payable	$	1,178	$	1,178
Accrued expenses		123,954		185,395
Deferred revenue		-		39,857
Net liabilities from discontinued operations	$	125,132	$	226,430

The following table shows the results of the "Smart Home Integration Certificate" program component included in the income from discontinued operations:


	For the Year Ended
	December 31,
	2012		2011

Revenues	$	2,332,283	$	2,131,693

Costs and expenses:
Instructional costs and services		2,026,928		1,674,127
General and administrative		169,045		-
Total costs and expenses		2,195,973		1,674,127

Income from discontinued operations, net of income taxes	$	136,310	$	457,566

The major classes of assets and liabilities of discontinued operations on the balance sheets are as follows:


	December 31,
	2012	2011
Assets