Income Statement

v3.24.1.1.u2
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Revenue $ 1,726,842 $ 1,955,209
Costs and expenses:    
Cost of revenues 652,891 1,074,481
Sales and marketing 829,958 821,503
General and administrative 994,518 1,053,231
Depreciation and amortization 52,401 132,774
Total costs and expenses 2,529,768 3,081,989
Loss from continuing operations (802,926) (1,126,780)
Other income (expense)    
Interest and other income (1,736) 6,584
Other income (expense), net (1,736) 6,584
Loss before income tax expense (benefit) (804,662) (1,120,196)
Income tax expense (benefit) 2,490 (10,873)
Loss from continuing operations, net of tax (807,152) (1,109,323)
Loss from discontinued operations 0 (11,730)
Net loss including non-controlling interests (807,152) (1,121,053)
Net loss attributable to non-controlling interests 15,320 52,126
Net loss attributable to Professional Diversity Network, Inc. (791,832) (1,068,927)
Other comprehensive loss, net of tax:    
Net loss attributable to Professional Diversity Network, Inc. (791,832) (1,068,927)
Foreign currency translation adjustments 0 2,569
Comprehensive loss, net of tax $ (791,832) $ (1,066,358)
Basic and diluted loss per share:    
Continuing operations (in dollars per share) $ (0.07) $ (0.11)
Discontinued operations (in dollars per share) 0 0
Net loss per share (in dollars per share) $ (0.07) $ (0.11)
Weighted-average outstanding shares used in computing net loss per common share:    
Basic and diluted (in shares) 11,481,178 10,016,603
Membership Fees and Related Services [Member]    
Revenues:    
Revenue $ 127,346 $ 128,923
Recruitment Services [Member]    
Revenues:    
Revenue 1,103,771 1,103,395
Contracted Software Development [Member]    
Revenues:    
Revenue 484,961 698,266
Consumer Advertising and Marketing Solutions [Member]    
Revenues:    
Revenue $ 10,764 $ 24,625

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