Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.2.0.727
Segment Information (Tables)
6 Months Ended
Jun. 30, 2015
Segment Information [Abstract]  
Schedule of Segment Information

 



       Three Months Ended June 30, 2015


PDN Network

NAPW Network
    Noble Voice       Consolidated







 
   

Membership fees and related services
   $ -      $ 6,754,247      $ -      $ 6,754,247  
Lead generation

-


-
 
2,760,022
    2,760,022
Recruitment services

756,039


-
    -       756,039
Products sales and other

-


64,736
    -       64,736
Consumer advertising and marketing solutions     63,785       -       -       63,785  
          Total revenues     819,824       6,818,983       2,760,022       10,398,829  
 Loss from operations     (636,691 )     (592,698 )     (125,003 )     (1,324,392 )
 Depreciation and amortization     95,741       728,821       45,711       870,273  
 Income tax benefit      (229,652 )     (219,086 )     (48,458 )     (497,196 )
 Capital expenditures      -       33,869       3,882       37,751  
 Net loss      (358,122 )     (343,612 )     (76,545 )     (778,279 )
                                 
          At June 30, 2015  
 Goodwill   $ 735,328     $  44,445,203     $   -     $  45,180,531  
 Intangible assets, net     90,400       12,848,306       547,333       13,486,039  
 Total assets     8,234,293       61,522,106       2,858,655       72,615,054  
                                 
Six Months Ended June 30, 2015
PDN Network
 
NAPW Network
   
Noble Voice
   
Consolidated
 
                 
Membership fees and related services
  $  -     $  13,542,927     $  -     $ 13,542,927  
Lead generation
    -       -       5,519,126       5,519,126  
Recruitment services

1,602,701    
-  
-    
1,602,701  
Products sales and other
    -       300,429       -       300,429  
Consumer advertising and marketing solutions
    136,086       -       -       136,086  
Total revenues
    1,738,787       13,843,356       5,519,126       21,101,269  
Loss from operations
    (1,236,595 )     (2,111,758 )     (479,260 )     (3,827,613 )
Depreciation and amortization
    191,755       1,522,213       91,228       1,805,196  
Income tax benefit
    (466,632 )     (814,121 )     (186,069 )     (1,466,822 )
Capital expenditures
    -       50,216       13,938       64,154  
Net loss
    (730,329 )     (1,297,637 )     (293,191 )     (2,321,157 )