Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.21.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Revenues:    
Total revenues $ 4,456,736 $ 5,025,212
Costs and expenses:    
Cost of revenues 787,184 884,374
Sales and marketing 1,915,422 2,159,315
General and administrative 6,429,445 4,273,941
Depreciation and amortization 169,902 703,717
Total costs and expenses 9,301,953 8,021,347
Loss from continuing operations (4,845,217) (2,996,135)
Other income (expense)    
PPP loan forgiveness 651,077
Interest income 8,017
Other income, net 963 18,488
Other income (expense), net 652,040 26,505
Loss before income tax benefit (4,193,177) (2,969,630)
Income tax benefit (35,215) (177,501)
Loss from continuing operations (4,157,962) (2,792,129)
Loss from discontinued operations (193,613) (1,052,334)
Net loss (4,351,575) (3,844,463)
Other comprehensive loss:    
Net loss (4,351,575) (3,844,463)
Foreign currency translation adjustment 248,264 68,452
Comprehensive loss: $ (4,103,311) $ (3,776,011)
Basic and diluted loss per share:    
Continuing operations $ (0.37) $ (0.43)
Discontinued operations (0.02) (0.16)
Net loss $ (0.39) $ (0.59)
Weighted average outstanding shares used in computing net loss per common share:    
Basic and diluted 11,276,228 6,547,815
Membership Fees and Related Services [Member]    
Revenues:    
Total revenues $ 1,345,707 $ 2,428,060
Recruitment Services [Member]    
Revenues:    
Total revenues 2,962,275 2,450,742
Products Sales and Other [Member]    
Revenues:    
Total revenues 4,820 5,644
Consumer Advertising and Marketing Solutions [Member]    
Revenues:    
Total revenues $ 143,934 $ 140,766