| Schedule of Segment Information |
|
|
|
Year Ended December 31, 2015
|
|
|
|
|
|
|
PDN Network
|
|
|
NAPW Network
|
|
|
Noble Voice
|
|
|
Consolidated
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Membership fees and related services
|
|
|
|
- |
|
|
|
|
24,962,795 |
|
|
|
|
- |
|
|
|
|
24,962,795 |
|
|
Lead generation
|
|
|
|
- |
|
|
|
|
- |
|
|
|
|
9,499,203 |
|
|
|
|
9,499,203 |
|
|
Recruitment services
|
|
|
|
3,123,537 |
|
|
|
|
- |
|
|
|
|
- |
|
|
|
|
3,123,537 |
|
|
Product sales and other
|
|
|
|
- |
|
|
|
|
748,648 |
|
|
|
|
- |
|
|
|
|
748,648 |
|
|
Consumer advertising and marketing solutions
|
|
|
|
280,043 |
|
|
|
|
- |
|
|
|
|
- |
|
|
|
|
280,043 |
|
|
Total revenues
|
|
|
|
3,403,580 |
|
|
|
|
25,711,443 |
|
|
|
|
9,499,203 |
|
|
|
|
38,614,226 |
|
|
Loss from operations
|
|
|
|
(2,489,968 |
) |
|
|
|
(30,289,825 |
) |
|
|
|
(1,152,018 |
) |
|
|
|
(33,931,811 |
) |
|
Depreciation and amortization
|
|
|
|
378,936 |
|
|
|
|
3,089,355 |
|
|
|
|
182,456 |
|
|
|
|
3,650,747 |
|
|
Income tax expense (benefit)
|
|
|
|
2,429,932 |
|
|
|
|
(429,316 |
) |
|
|
|
(81,119 |
) |
|
|
|
1,919,497 |
|
|
Capital expenditures
|
|
|
|
- |
|
|
|
|
39,463 |
|
|
|
|
44,774 |
|
|
|
|
84,237 |
|
|
Net loss
|
|
|
|
(4,884,307 |
) |
|
|
|
(29,860,509 |
) |
|
|
|
(1,050,738 |
) |
|
|
|
(35,795,554 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
At December 31, 2015
|
|
Goodwill
|
|
|
$ |
339,451 |
|
|
|
$ |
19,861,739 |
|
|
|
$ |
- |
|
|
|
$ |
20,201,190 |
|
|
Intangible assets, net
|
|
|
|
90,400 |
|
|
|
|
11,502,106 |
|
|
|
|
459,333 |
|
|
|
|
12,051,839 |
|
|
Total assets
|
|
|
|
4,167,229 |
|
|
|
|
34,985,831 |
|
|
|
|
2,274,756 |
|
|
|
|
41,427,816 |
|
|
|
|
Year Ended December 31, 2014
|
|
|
|
|
|
|
PDN Network
|
|
|
NAPW Network
|
|
|
Noble Voice
|
|
|
Consolidated
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Membership fees and related services
|
|
|
|
- |
|
|
|
|
5,932,138 |
|
|
|
|
- |
|
|
|
|
5,932,138 |
|
|
Lead generation revenue
|
|
|
|
- |
|
|
|
|
- |
|
|
|
|
1,061,041 |
|
|
|
|
1,061,041 |
|
|
Recruitment services
|
|
|
|
2,920,791 |
|
|
|
|
- |
|
|
|
|
- |
|
|
|
|
2,920,791 |
|
|
Product sales and other revenue
|
|
|
|
- |
|
|
|
|
237,818 |
|
|
|
|
- |
|
|
|
|
237,818 |
|
|
Consumer advertising and consumer marketing solutions revenue
|
|
|
|
1,491,943 |
|
|
|
|
- |
|
|
|
|
- |
|
|
|
|
1,491,943 |
|
|
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
|
|
|
|
9,059,403 |
|
|
|
|
62,213,575 |
|
|
|
|
3,319,494 |
|
|
|
|
74,592,472 |
|
|