Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.23.1
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Total revenues $ 1,955,209 $ 2,052,880
Costs and expenses:    
Cost of revenues 1,074,481 861,672
Sales and marketing 821,503 718,629
General and administrative 1,053,231 1,107,520
Depreciation and amortization 132,774 281,272
Total costs and expenses 3,081,989 2,969,093
Loss from continuing operations (1,126,780) (916,213)
Other income (expense)    
Interest and other income 6,584 901
Other income (expense), net 6,584 901
Loss before income tax benefit (1,120,196) (915,312)
Income tax benefit 10,873 25,788
Loss from continuing operations, net of tax (1,109,323) (889,524)
Loss from discontinued operations (11,730) (18,292)
Net loss including non-controlling interests (1,121,053) (907,816)
Net loss attributable to non-controlling interests 52,126 204,551
Net loss attributable to Professional Diversity Network, Inc. (1,068,927) (703,265)
Other comprehensive loss, net of tax:    
Net loss attributable to Professional Diversity Network, Inc. (1,068,927) (703,265)
Foreign currency translation adjustments 2,569 900
Comprehensive loss, net of tax $ (1,066,358) $ (702,365)
Basic and diluted loss per share:    
Continuing operations $ (0.11) $ (0.11)
Discontinued operations (0.00) (0.00)
Net loss per share $ (0.11) $ (0.11)
Weighted-average outstanding shares used in computing net loss per common share:    
Basic and diluted 10,016,603 8,103,557
Membership Fees And Related Services [Member]    
Revenues:    
Total revenues $ 128,923 $ 196,009
Recruitment Services [Member]    
Revenues:    
Total revenues 1,103,395 1,333,364
Contracted Software Development [Member]    
Revenues:    
Total revenues 698,266 477,092
Consumer Advertising And Marketing Solutions [Member]    
Revenues:    
Total revenues $ 24,625 $ 46,415