Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.7.0.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of Segment Information
The following tables present key financial information of the Company’s reportable segments as of and for the three and six months ended June 30, 2017 and 2016:

 
 
Three Months Ended June 30, 2017
 
 
 
United States
             
 
 
PDN Network
   
NAPW Network
   
Noble Voice
   
China
Operations
   
Consolidated
 
 
                             
Membership fees and related  services
 
$
-
   
$
2,444,797
   
$
-
   
$
-
   
$
2,444,797
 
Lead generation
   
-
     
-
     
1,604,767
     
-
     
1,604,767
 
Recruitment  services
   
624,103
     
-
     
-
     
-
     
624,103
 
Products sales and other
   
-
     
26,573
     
-
     
-
     
26,573
 
Education and training
   
-
     
-
     
-
     
505,490
     
505,490
 
Consumer advertising and marketing solutions
   
58,327
     
-
     
-
     
-
     
58,327
 
Total revenues
   
682,430
     
2,471,370
     
1,604,767
     
505,490
     
5,264,057
 
Loss from operations
   
(526,632
)
   
(11,251,687
)
   
(555,471
)
   
(93,111
)
   
(12,426,901
)
Depreciation and amortization
   
7,057
     
741,191
     
49,870
     
2,665
     
800,783
 
Income tax expense (benefit)
   
107,852
     
(459,597
)
   
16,153
     
(9,426
)
   
(345,018
)
Net loss
   
(626,546
)
   
(10,792,090
)
   
(571,624
)
   
(84,684
)
   
(12,074,944
)
Capital expenditures
   
1,593
     
6,832
     
-
     
3,850
     
12,275
 
 
 
 
Six Months Ended June 30, 2017
 
 
 
United States
             
 
 
PDN Network
   
NAPW Network
   
Noble Voice
   
China
Operations
   
Consolidated
 
 
                             
Membership fees and related  services
 
$
-
   
$
5,260,293
   
$
-
   
$
-
   
$
5,260,293
 
Lead generation
   
-
     
-
     
3,328,934
     
-
     
3,328,934
 
Recruitment  services
   
1,282,647
     
-
     
-
     
-
     
1,282,647
 
Products sales and other
   
-
     
72,941
     
-
     
-
     
72,941
 
Education and training
   
-
     
-
     
-
     
829,694
     
829,694
 
Consumer advertising and marketing solutions
   
124,029
     
-
     
-
     
-
     
124,029
 
Total revenues
   
1,406,676
     
5,333,234
     
3,328,934
     
829,694
     
10,898,538
 
Loss from operations
   
(1,752,853
)
   
(13,317,855
)
   
(1,000,969
)
   
(46,618
)
   
(16,118,295
)
Depreciation and amortization
   
53,886
     
1,480,317
     
99,745
     
2,665
     
1,636,613
 
Income tax expense (benefit)
   
(108,133
)
   
(820,542
)
   
(61,672
)
   
43,043
     
(947,304
)
Net loss
   
(1,646,931
)
   
(12,497,313
)
   
(939,297
)
   
(92,984
)
   
(15,176,525
)
Capital expenditures
   
7,147
     
10,646
     
341
     
35,704
     
53,838
 
 
 
 
June 30, 2017
 
Goodwill
 
$
339,451
   
$
9,941,434
   
$
-
   
$
-
   
$
10,280,885
 
Intangible assets, net
   
90,400
     
7,463,506
     
195,333
     
-
     
7,749,239
 
Total assets
   
3,361,676
     
19,352,949
     
1,928,366
     
2,882,877
     
27,525,868
 


 
 
Three Months Ended June 30, 2016
 
 
 
PDN
Network
   
NAPW
Network
   
Noble Voice
   
Consolidated
 
 
                       
Membership fees and related services
 
$
-
   
$
4,259,144
   
$
-
   
$
4,259,144
 
Lead generation
   
-
     
-
     
1,415,958
     
1,415,958
 
Recruitment services
   
717,360
     
-
     
-
     
717,360
 
Products sales and other
   
-
     
404,590
     
-
     
404,590
 
Consumer advertising and marketing solutions
   
53,976
     
-
     
-
     
53,976
 
Total revenues
   
771,336
     
4,663,734
     
1,415,958
     
6,851,028
 
Loss from operations
   
(289,066
)
   
(232,145
)
   
(419,968
)
   
(941,179
)
Depreciation and amortization
   
47,318
     
697,166
     
66,748
     
811,232
 
Income tax expense (benefit)
   
2,630
     
18,059
     
(156,858
)
   
(136,169
)
Net loss
   
(292,955
)
   
(250,204
)
   
(263,110
)
   
(806,269
)

 
 
Six Months Ended June 30, 2016
 
 
 
PDN
Network
   
NAPW
Network
   
Noble Voice
   
Consolidated
 
 
                       
Membership fees and related services
 
$
-
   
$
9,299,318
   
$
-
   
$
9,299,318
 
Lead generation
   
-
     
-
     
2,935,549
     
2,935,549
 
Recruitment services
   
1,340,669
     
-
     
-
     
1,340,669
 
Products sales and other
   
-
     
491,583
     
-
     
491,583
 
Consumer advertising and marketing solutions
   
127,052
     
-
     
-
     
127,052
 
Total revenues
   
1,467,721
     
9,790,901
     
2,935,549
     
14,194,171
 
Loss from operations
   
(720,892
)
   
(1,278,890
)
   
(840,002
)
   
(2,839,784
)
Depreciation and amortization
   
96,650
     
1,469,230
     
112,362
     
1,678,242
 
Income benefit
   
(150,909
)
   
(267,672
)
   
(175,812
)
   
(594,393
)
Net loss
   
(570,499
)
   
(1,011,218
)
   
(664,190
)
   
(2,245,907
)
 
 
 
December 31, 2016
 
Goodwill
 
$
339,451
   
$
19,861,739
   
$
-
   
$
20,201,190
 
Intangible assets, net
   
90,400
     
8,809,706
     
283,333
     
9,183,439
 
Total assets
   
7,643,471
     
31,457,958
     
2,036,448
     
41,137,877