Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Schedule of Segment Information

The following tables present key financial information of the Company’s reportable segments as of and for the three and six months ended June 30, 2018 and 2017:

		Three Months Ended June 30, 2018
		United States
		PDN Network				NAPW Network				China Operations				Corporate Overhead				Consolidated

Membership fees and related services		$	-			$	1,270,500			$	65,226			$	-			$	1,335,726
Recruitment services			692,377				-				-				-				692,377
Products sales and other			-				6,360				-				-				6,360
Education and training			-				-				9,577				-				9,577
Consumer advertising and marketing solutions			74,543				-				-				-				74,543
Total revenues			766,920				1,276,860				74,803				-				2,118,583
(Loss) income from continuing operations			15,445				(431,475	)			(474,066	)			(1,077,767	)			(1,967,863	)
Depreciation and amortization			16,978				636,448				5,835				-				659,261
Income tax expense (benefit)			4,095				(29,363	)			2,265				(100,412	)			(123,415	)
Net (loss) income from continuing operations			16,900				(402,112	)			(478,103	)			(977,355	)			(1,840,670	)
Capital expenditures			-				-				(3,567	)			-				(3,567	)

		Six months Ended June 30, 2018
		United States
		PDN Network				NAPW Network				China Operations				Corporate Overhead				Consolidated

Membership fees and related services		$	-			$	2,820,432			$	127,515			$	-			$	2,947,947
Recruitment services			1,313,792				-				-				-				1,313,792
Products sales and other			-				10,017				-				-				10,017
Education and training			-				-				16,048				-				16,048
Consumer advertising and marketing solutions			144,277				-				-				-				144,277
Total revenues			1,458,069				2,830,449				143,563				-				4,432,081
Loss from continuing operations			(51,759	)			(1,197,530	)			(825,182	)			(1,990,542	)			(4,065,013	)
Depreciation and amortization			33,965				1,294,881				10,176				-				1,339,022
Income tax expense (benefit)			(4,678	)			(139,002	)			2,265				(231,050	)			(372,465	)
Net loss from continuing operations			(35,624	)			(1,058,528	)			(811,680	)			(1,759,492	)			(3,665,324	)
Capital expenditures			-				-				(3,567	)							(3,567	)

		June 30, 2018
Goodwill		$	339,451			$	5,250,699			$	-			$	-			$	5,590,150
Intangible assets, net			90,400				4,936,106				-				-				5,026,506
Assets from continuing operations			1,428,679				11,187,581				2,944,846				-				15,561,106

		Three Months Ended June 30, 2017
		United States
		PDN Network				NAPW Network				China Operations				Corporate Overhead				Consolidated

Membership fees and related services		$	-			$	2,444,797			$	-			$	-			$	2,444,797
Recruitment services			624,103				-				-				-				624,103
Products sales and other			-				26,573				-				-				26,573
Education and training			-				-				505,490				-				505,490
Consumer advertising and marketing solutions			58,327				-				-				-				58,327
Total revenues			682,430				2,471,370				505,490				-				3,659,290
(Loss) income from continuing operations			(27,846	)			(10,722,245	)			15,180				(1,546,191	)			(12,281,102	)
Depreciation and amortization			7,057				741,191				2,665								750,913
Income tax expense (benefit)			8,802				(520,018	)			(9,426	)			160,335				(360,307	)
Net (loss) income from continuing operations			(28,710	)			(10,202,227	)			23,607				(1,706,526	)			(11,913,856	)
Capital expenditures			1,593				6,832				3,850				-				12,275

		Six Months Ended June 30, 2017
		United States
		PDN Network				NAPW Network				China Operations				Corporate Overhead				Consolidated

Membership fees and related services		$	-			$	5,260,293			$	-			$	-			$	5,260,293
Recruitment services			1,282,647				-				-				-				1,282,647
Products sales and other			-				72,941				-				-				72,941
Education and training			-				-				829,694				-				829,694
Consumer advertising and marketing solutions			124,029				-				-				-				124,029
Total revenues			1,406,676				5,333,234				829,694				-				7,569,604
(Loss) income from continuing operations			(106,616	)			(11,965,546	)			61,673				(3,747,375	)			(15,757,864	)
Depreciation and amortization			53,886				1,480,317				2,665				-				1,536,868
Income tax expense (benefit)			(6,705	)			(737,223	)			43,043				(224,212	)			(925,097	)
Net (loss) income from continuing operations			(102,122	)			(11,228,323	)			15,307				(3,523,163	)			(14,838,301	)
Capital expenditures			7,147				10,646				35,704				-				53,497

		December 31, 2017
Goodwill		$	339,451			$	5,250,699			$	-			$	-			$	5,590,150
Intangible assets, net			90,400				6,174,306				-				-				6,264,706
Assets from continuing operations			1,726,061				12,889,367				3,056,281				-				17,671,709