Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Schedule of Consolidated Financial Statement

The financial information of Jiangxi PDN Culture & Media Co., which was included in the accompanying consolidated financial statements, is presented as follows:

 

    December 31,  
    2017     2016  
    (in thousands)  
Cash and cash equivalents   $ 1,671       -  
Total assets   $ 1,672          
Total liabilities   $ 257       -  

 

    (in thousands)  
    Year ended December 31,  
    2017     2016  
             
Total net revenue   $ 1,666     $ -  
Net income   $ 1,392     $ -  

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The computation of basic net loss per share for the years ended December 31, 2017 and 2016 excludes the potentially dilutive securities summarized in the table below because their inclusion would be anti-dilutive.

 

    2017     2016  
Warrants to purchase common stock     170,314       170,314  
Stock options     246,564       69,950  
Unvested restricted stock     15,544       2,778  
      432,422       243,042