Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

v3.3.1.900
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Revenues:    
Membership fees and related services $ 24,962,795 $ 5,932,138
Lead generation 9,499,203 1,061,041
Recruitment services 3,123,537 2,920,791
Product sales and other 748,648 237,818
Consumer advertising and consumer marketing solutions 280,043 1,491,943
Total revenues 38,614,226 11,643,731
Costs and expenses:    
Cost of revenues 5,576,184 2,153,900
Sales and marketing 22,501,594 8,040,797
General and administrative 15,670,331 $ 6,392,109
Impairment expense 25,113,034
Depreciation and amortization $ 3,650,747 $ 1,084,451
Gain on bargain purchase of business $ (429,956)
Loss on sale of property and equipment $ 34,147
Total costs and expenses 72,546,037 $ 17,241,301
Loss from operations (33,931,811) (5,597,570)
Other income (expense):    
Interest expense (84,728) (3,370)
Interest and other income $ 46,693 84,519
Acquisition related costs (1,195,195)
Other expense, net $ (38,035) (1,114,046)
Change in fair value of warrant liability 93,789 (8,568)
Loss before income tax expense (benefit) (33,876,057) (6,720,184)
Income tax expense (benefit) 1,919,497 (3,062,108)
Net loss $ (35,795,554) $ (3,658,076)
Net loss per common share, basic and diluted $ (2.57) $ (0.46)
Weighted average shares used in computing net loss per common share:    
Basic and diluted 13,918,594 8,016,074