Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited)

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Membership fees and related services $ 2,815,496 $ 5,040,174
Lead generation 1,724,167 1,519,591
Recruitment services 658,544 623,309
Product sales and other 46,368 86,993
Education and training 324,204
Consumer advertising and marketing solutions 65,702 73,076
Total revenues 5,634,481 7,343,143
Costs and expenses:    
Cost of revenues 700,646 884,745
Sales and marketing 3,254,897 3,821,576
General and administrative 4,534,502 3,168,417
Litigation settlement 500,000
Depreciation and amortization 835,830 867,010
Total costs and expenses 9,325,875 9,241,748
Loss from operations (3,691,394) (1,898,605)
Other (expense) income    
Interest expense (12,399) (389)
Interest and other income 2,250 1,132
Other finance costs (2,324)
Other (expense) income, net (12,473) 743
Loss before income tax benefit (3,703,867) (1,897,862)
Income tax benefit (602,286) (458,224)
Net loss (3,101,581) (1,439,638)
Other comprehensive loss:    
Foreign currency translation adjustment (112)
Comprehensive loss $ (3,101,693) $ (1,439,638)
Net loss per common share, basic and diluted $ (0.80) $ (0.80)
Weighted average shares used in computing net loss per common share:    
Basic and diluted 3,870,386 1,808,314