Income Statement

v3.19.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Total revenues $ 1,326,467 $ 2,118,583 $ 2,672,744 $ 4,432,081
Costs and expenses:        
Cost of revenues 239,952 339,911 427,533 625,744
Sales and marketing 538,801 1,023,526 1,319,548 2,116,650
General and administrative 1,441,764 2,063,866 2,800,320 4,415,678
Depreciation and amortization 221,541 659,143 442,963 1,339,022
Total costs and expenses 2,442,058 4,086,446 4,990,364 8,497,094
Loss from operations (1,115,591) (1,967,863) (2,317,620) (4,065,013)
Other (expense) income        
Interest expense (6,049) (14,182)
Interest and other income 376,068 3,777 376,068 4,667
Other finance costs 1,261 1,261 22,558
Other (expense) income, net 371,280 3,777 363,147 27,225
Loss before income tax benefit (744,311) (1,964,086) (1,954,473) (4,037,788)
Income tax benefit (1,642) (123,415) (67,275) (372,465)
Loss from continuing operations (742,669) (1,840,671) (1,887,198) (3,665,323)
Loss from discontinued operations (net of tax benefit of $1,575, and $15,458, in the three months ended June 30, 2019 and 2018, respectively, and net of tax benefit of $2,786, and $50,494, in the six months ended June 30, 2019 and 2018, respectively) (28,565) (174,763) (43,405) (384,523)
Net loss (771,234) (2,015,434) (1,930,603) (4,049,846)
Other comprehensive loss: (771,234) (2,015,434) (1,930,603) (4,049,846)
Foreign currency translation adjustment (9,349) (90,459) 13,686 (13,751)
Comprehensive loss $ (780,583) $ (2,105,893) $ (1,916,917) $ (4,063,597)
Basic and diluted loss per share:        
Continuing operations $ (0.15) $ (0.42) $ (0.37) $ (0.85)
Discontinued operations (0.01) (0.04) (0.01) (0.09)
Net loss $ (0.15) $ (0.46) $ (0.38) $ (0.94)
Weighted average shares used in computing net loss per common share:        
Basic and diluted 5,074,480 4,371,440 5,117,098 4,296,944
Membership Fees and Related Services [Member]        
Revenues:        
Total revenues $ 636,219 $ 1,335,726 $ 1,434,827 $ 2,947,947
Recruitment Services [Member]        
Revenues:        
Total revenues 651,046 692,377 1,125,306 1,313,792
Product Sales and Other [Member]        
Revenues:        
Total revenues 1,143 6,360 3,955 10,017
Education and Training [Member]        
Revenues:        
Total revenues 9,577 34,881 16,048
Consumer Advertising and Marketing Solutions [Member]        
Revenues:        
Total revenues $ 38,059 $ 74,543 $ 73,775 $ 144,277

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