| Schedule of Segment Information |
The following tables present key financial information of the Company’s reportable segments as of and for the three months ended March 31, 2016 and 2015:
| |
Three Months Ended March 31, 2016
|
|
| |
PDN Network
|
|
NAPW Network
|
|
Noble Voice
|
|
Consolidated
|
|
| |
|
|
|
|
|
|
|
|
|
Membership fees and related services
|
|
$
|
-
|
|
|
$
|
5,040,174
|
|
|
$
|
-
|
|
|
$
|
5,040,174
|
|
|
Lead generation
|
|
|
-
|
|
|
|
-
|
|
|
|
1,519,591
|
|
|
|
1,519,591
|
|
|
Recruitment services
|
|
|
623,309
|
|
|
|
-
|
|
|
|
-
|
|
|
|
623,309
|
|
|
Products sales and other
|
|
|
-
|
|
|
|
86,993
|
|
|
|
-
|
|
|
|
86,993
|
|
|
Consumer advertising and marketing solutions
|
|
|
73,076
|
|
|
|
-
|
|
|
|
-
|
|
|
|
73,076
|
|
|
Total revenues
|
|
|
696,385
|
|
|
|
5,127,167
|
|
|
|
1,519,591
|
|
|
|
7,343,143
|
|
|
Loss from operations
|
|
|
(431,826
|
)
|
|
|
(1,046,745
|
)
|
|
|
(420,034
|
)
|
|
|
(1,898,605
|
)
|
|
Depreciation and amortization
|
|
|
49,332
|
|
|
|
772,064
|
|
|
|
45,614
|
|
|
|
867,010
|
|
|
Income tax expense (benefit)
|
|
|
(153,539
|
)
|
|
|
(285,731
|
)
|
|
|
(18,954
|
)
|
|
|
(458,224
|
)
|
|
Net loss
|
|
|
(277,544
|
)
|
|
|
(761,014
|
)
|
|
|
(401,080
|
)
|
|
|
(1,439,638
|
)
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
At March 31, 2016
|
|
|
Goodwill
|
|
$
|
339,451
|
|
|
$
|
19,861,739
|
|
|
$
|
-
|
|
|
$
|
20,201,190
|
|
|
Intangible assets, net
|
|
|
90,400
|
|
|
|
10,829,006
|
|
|
|
415,333
|
|
|
|
11,334,739
|
|
|
Total assets
|
|
|
3,006,675
|
|
|
|
34,364,118
|
|
|
|
1,860,680
|
|
|
|
39,231,473
|
|
| |
|
Three Months Ended March 31, 2015
|
|
| |
|
PDN Network
|
|
|
NAPW Network
|
|
|
Noble Voice
|
|
|
Consolidated
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Membership fees and related services
|
|
$ |
- |
|
|
$ |
6,788,680 |
|
|
$ |
- |
|
|
$ |
6,788,680 |
|
|
Lead generation
|
|
|
- |
|
|
|
- |
|
|
|
2,759,104 |
|
|
|
2,759,104 |
|
|
Recruitment services
|
|
|
846,662 |
|
|
|
- |
|
|
|
- |
|
|
|
846,662 |
|
|
Products sales and other
|
|
|
- |
|
|
|
235,693 |
|
|
|
- |
|
|
|
235,693 |
|
|
Consumer advertising and marketing solutions
|
|
|
72,301 |
|
|
|
- |
|
|
|
- |
|
|
|
72,301 |
|
|
Total revenues
|
|
|
918,963 |
|
|
|
7,024,373 |
|
|
|
2,759,104 |
|
|
|
10,702,440 |
|
|
Loss from operations
|
|
|
(599,904 |
) |
|
|
(1,549,060 |
) |
|
|
(354,257 |
) |
|
|
(2,503,221 |
) |
|
Depreciation and amortization
|
|
|
96,014 |
|
|
|
793,392 |
|
|
|
45,517 |
|
|
|
934,923 |
|
|
Income tax benefit
|
|
|
(236,980 |
) |
|
|
(595,035 |
) |
|
|
(137,611 |
) |
|
|
(969,626 |
) |
|
Capital expenditures
|
|
|
- |
|
|
|
16,347 |
|
|
|
10,056 |
|
|
|
26,403 |
|
|
Net loss
|
|
|
(372,206 |
) |
|
|
(954,025 |
) |
|
|
(216,647 |
) |
|
|
(1,542,878 |
) |
| |
|
|
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 |
|
|