Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.5.0.2
Segment Information (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Schedule of Segment Information
    Three Months Ended September 30, 2016  
    PDN Network    

NAPW

Network

    Noble Voice     Consolidated  
                         
Membership fees and related services   $ -     $ 3,748,334     $ -     $ 3,748,334  
Lead generation     -       -       1,554,370       1,554,370  
Recruitment services     954,887       -       -       954,887  
Products sales and other     -       52,857       -       52,857  
Consumer advertising and marketing solutions     49,719       -       -       49,719  
Total revenues     1,004,606       3,801,191       1,554,370       6,360,167  
Loss from operations     (118,948 )     (894,361 )     (266,893 )     (1,280,202 )
Depreciation and amortization     33,471       738,473       47,950       819,894  
Income tax expense (benefit)     (222,808     (289,767     (111,124 )     (623,699 )
Capital expenditures     -       -       -       -  
Net loss     (512,771 )     (604,594 )     (155,769 )     (1,273,134 )

 

    Nine Months Ended September 30, 2016  
    PDN Network    

NAPW

Network

    Noble Voice     Consolidated  
                         
Membership fees and related services   $ -     $ 13,047,652     $ -     $ 13,047,652  
Lead generation     -       -       4,489,919       4,489,919  
Recruitment services     2,295,556       -       -       2,295,556  
Products sales and other     -       544,440       -       544,440  
Consumer advertising and marketing solutions     176,771       -       -       176,771  
Total revenues     2,472,327       13,592,092       4,489,919       20,554,338  
Loss from operations     (839,840 )     (2,173,251 )     (1,106,895 )     (4,119,986 )
Depreciation and amortization     130,121       2,207,703       160,312       2,498,136  
Income benefit     (373,717 )     (557,439 )     (286,936 )     (1,218,092 )
Capital expenditures     -       -       -       -  
Net loss     (1,083,270 )     (1,615,812 )     (819,959 )     (3,519,041 )
                                 
    At September 30, 2016  
Goodwill   $ 339,451     $ 19,861,739     $ -     $ 20,201,190  
Intangible assets, net     90,400       9,482,806       327,333       9,900,539  
Total assets     2,151,870       32,410,397       1,891,617       36,453,884  

   

    Three Months Ended September 30, 2015  
   

PDN

Network

   

NAPW

Network

    Noble Voice     Consolidated  
                         
Membership fees and related services   $ -     $ 5,652,873     $ -     $ 5,652,873  
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       5,983,642       2,334,276       9,221,179  
Loss from operations     (491,126 )     (27,995,556 )     (339,150 )     (28,825,832 )
Depreciation and amortization     93,922       786,148       45,614       925,684  
Income tax benefit     2,362,220       543,018       70,979       2,976,217  

 

Capital expenditures     -       -       -       -  
Net loss     (2,857,969 )     (28,538,574 )     (410,129 )     (31,806,672 )

 

    Nine Months Ended September 30, 2015  
   

PDN

Network

   

NAPW

Network

    Noble Voice     Consolidated  
                         
Membership fees and related services   $ -     $ 18,885,308     $ -     $ 18,885,308  
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       19,516,506       7,853,402       30,011,956  
Loss from operations     (1,727,721 )     (30,417,806 )     (818,410 )     (32,963,937 )
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 )     (30,146,703 )     (703,320 )     (34,438,321 )

 

    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