Annual report pursuant to Section 13 and 15(d)

Segment Information (Tables)

v2.4.1.9
Segment Information (Tables)
12 Months Ended
Dec. 31, 2014
Segment Information [Abstract]  
Schedule of Segment Information

The following tables present key financial information of the Company's reportable segments as of and for the year ended December 31, 2014:

 

 

Year Ended December 31, 2014

 
 

PDN Network

 

NAPW Network

   

Noble Voice

   

Consolidated

                   

Recruitment services

  $ 2,920,791   $ -     $ -     $ 2,920,791

Consumer advertising and consumer marketing solutions revenue

    1,491,943     -     -     1,491,943

Membership fees and related services

    -     5,932,138     -     5,932,138

Lead generation revenue

    -     -     1,061,041     1,061,041

Product sales and other revenue

    -     237,818     -     237,818

Total revenues

    4,412,734     6,169,956     1,061,041     11,643,731

(Loss) income from operations

    (3,609,397 )     (2,417,068 )     428,895     (5,597,570 )

Depreciation and amortization

    369,314     700,099     15,038     1,084,451

Income tax (benefit) expense

    (3,320,079 )     258,831     (410 )     (3,062,108 )

Capital expenditures

    37,850     -     -     37,850

Net (loss) income

    (1,411,932 )     (2,675,449 )     429,305     (3,658,076 )
               
   

At December 31, 2014

Goodwill

    $ 735,328     $ 44,445,203     $ -     $ 45,180,531

Intangible assets, net

    90,400     14,208,492     635,333     14,934,225

Total assets

    11,691,453     62,897,805     3,319,494     77,908,752