Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.3.0.814
Segment Information (Tables)
9 Months Ended
Sep. 30, 2015
Segment Information [Abstract]  
Schedule of Segment Information

 



Three Months Ended September 30, 2015


PDN Network

NAPW Network
    Noble Voice       Consolidated







 
   

Membership fees and related services
   $ -      $ 5,775,006      $ -      $ 5,775,006  
Lead generation

-


-
 
2,334,276
    2,334,276
Recruitment services

830,250


-
    -       830,250
Products sales and other

-


330,769
    -       330,769
Consumer advertising and marketing solutions     73,011       -       -       73,011  
          Total revenues     903,261       6,105,775       2,334,276       9,343,312  
 Loss from operations     (491,126 )     (25,846,331 )     (339,150 )     (26,676,607 )
 Depreciation and amortization     93,922       786,148
    45,614       925,684  
 Income tax expense     2,362,220
    543,018
    70,979
    2,976,217
 Capital expenditures       -       -       -       -  
 Net loss     (2,857,969 )     (26,389,349 )     (410,129 )     (29,657,447 )
                                 
          At September 30, 2015  
 Goodwill   $ 735,328     $  19,861,739     $   -     $  20,597,067  
 Intangible assets, net     90,400       12,175,206       503,333       12,768,939  
 Total assets     6,032,009       37,204,260       2,543,735       45,780,004  
                                 
Nine Months Ended September 30, 2015
PDN Network
 
NAPW Network
   
Noble Voice
   
Consolidated
 
                 
Membership fees and related services
  $  -     $  19,317,933     $  -     $ 19,317,933  
Lead generation
    -       -       7,853,402       7,853,402  
Recruitment services

2,432,951    
-  
-    
2,432,951  
Products sales and other
    -       631,198       -       631,198  
Consumer advertising and marketing solutions
    209,097       -       -       209,097  
Total revenues
    2,642,048       19,949,131       7,853,402       30,444,581  
Loss from operations
    (1,727,721 )     (27,958,089 )     (818,410 )     (30,504,220 )
Depreciation and amortization
    285,677       2,308,361       136,842       2,730,880  
Income tax expense (benefit)
    1,895,588
    (271,103 )     (115,090 )     1,509,395
Capital expenditures
    -       50,216       13,938       64,154  
Net loss
    (3,588,298 )     (27,686,986 )     (703,320 )     (31,978,604 )