Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.8.0.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Membership fees and related services $ 1,612,221 $ 2,815,496
Lead generation 1,234,718 1,724,167
Recruitment services 621,415 658,544
Product sales and other 3,657 46,368
Education and training 6,471 324,204
Consumer advertising and marketing solutions 69,734 65,702
Total revenues 3,548,216 5,634,481
Costs and expenses:    
Cost of revenues 610,043 700,646
Sales and marketing 1,715,312 3,254,897
General and administrative 2,863,458 4,534,502
Depreciation and amortization 701,350 835,830
Total costs and expenses 5,890,163 9,325,875
Loss from operations (2,341,947) (3,691,394)
Other (expense) income:    
Interest expense (12,399)
Interest and other income 890 2,250
Other finance costs 22,558 (2,324)
Other income (expense), net 23,448 (12,473)
Loss before income tax benefit (2,318,499) (3,703,867)
Income tax benefit (284,086) (602,286)
Net loss (2,034,413) (3,101,581)
Other comprehensive loss:    
Foreign currency translation adjustment 76,708 (112)
Comprehensive loss $ (1,957,705) $ (3,101,693)
Net loss per common share, basic and diluted $ (0.48) $ (0.80)
Weighted average shares used in computing net loss per common share:    
Basic and diluted 4,221,620 3,870,386