Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Consolidated Financial Statement

The financial information of Jiangxi PDN Culture & Media Co., which was included in the accompanying consolidated financial statements, is presented as follows:

 

    December 31,  
    2018     2017  
    (in thousands)  
Cash and cash equivalents   $ 683       1,671  
Total assets   $ 1,180       1,672  
Total liabilities   $ 65       257  

 

    (in thousands)  
    Year ended December 31,  
    2018     2017  
             
Total net revenue   $ -     $ 1,666  
Net income (loss)   $ (232 )   $ 1,392  

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The computation of basic net loss per share for the years ended December 31, 2018 and 2017 excludes the potentially dilutive securities summarized in the table below because their inclusion would be anti-dilutive.

 

    2018     2017  
Warrants to purchase common stock     170,314       170,314  
Stock options     499,439       246,564  
Unvested restricted stock     60,651       15,544  
      730,404       432,422