Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.22.2.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 2,195,507 $ 1,460,165 $ 4,248,387 $ 2,945,017
Costs and expenses:        
Cost of revenues 932,443 260,047 1,794,115 521,201
Sales and marketing 700,622 600,784 1,419,251 1,300,499
General and administrative 357,458 1,111,786 1,464,978 2,429,639
Depreciation and amortization 232,037 29,076 513,309 58,683
Total costs and expenses 2,222,560 2,001,693 5,191,653 4,310,022
Loss from continuing operations (27,053) (541,528) (943,266) (1,365,005)
Other income (expense)        
Interest expense
Interest and other income (10,337) 1,850 (9,436) 2,735
Other income (expense), net (10,337) 1,850 (9,436) 2,735
Loss before income tax expense (benefit) (37,390) (539,678) (952,702) (1,362,270)
Income tax expense (benefit) 15,547 49,934 (10,241) (17,043)
Loss from continuing operations, net of tax (52,937) (589,612) (942,461) (1,345,227)
Loss from discontinued operations (10,602) (46,012) (28,894) (61,086)
Net loss including non-controlling interests (63,539) (635,624) (971,355) (1,406,313)
Net loss attributable to non-controlling interests 154,602 359,153
Net income (loss) attributable to Professional Diversity Network, Inc. 91,063 (635,624) (612,202) (1,406,313)
Other comprehensive loss, net of tax:        
Net income (loss) attributable to Professional Diversity Network, Inc. 91,063 (635,624) (612,202) (1,406,313)
Foreign currency translation adjustments (11,282) 3,466 (10,382) (288,653)
Comprehensive income (loss), net of tax $ 79,781 $ (632,158) $ (622,584) $ (1,694,966)
Loss per share attributable to Professional Diversity Network, Inc., basic and diluted:        
Continuing operations $ (0.03) $ (0.04) $ (0.06) $ (0.10)
Discontinued operations (0.00) (0.00) (0.00) (0.00)
Net loss attributable to Professional Diversity Network, Inc. $ (0.03) $ (0.04) $ (0.06) $ (0.10)
Weighted average shares outstanding:        
Basic and diluted 16,405,586 13,472,385 16,207,113 13,368,449
Membership Fees and Related Services [Member]        
Revenues:        
Total revenues $ 161,435 $ 259,786 $ 357,444 $ 524,422
Recruitment Services [Member]        
Revenues:        
Total revenues 1,341,031 1,151,685 2,674,395 2,326,765
Contracted Software Development [Member]        
Revenues:        
Total revenues 647,868 1,124,960
Consumer Advertising and Marketing Solutions [Member]        
Revenues:        
Total revenues $ 45,173 $ 48,694 $ 91,588 $ 93,830