CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
|
12 Months Ended |
Dec. 31, 2016 |
Dec. 31, 2015 |
| Revenues: |
|
|
| Membership fees and related services |
$ 16,254,932
|
$ 24,530,170
|
| Lead generation |
6,239,057
|
9,499,203
|
| Recruitment services |
2,931,642
|
3,123,537
|
| Product sales and other |
578,466
|
748,648
|
| Consumer advertising and marketing solutions |
222,969
|
280,043
|
| Total revenues |
26,227,066
|
38,181,601
|
| Costs and expenses: |
|
|
| Cost of revenues |
3,082,467
|
5,576,184
|
| Sales and marketing |
13,315,008
|
22,501,594
|
| General and administrative |
11,332,640
|
15,670,331
|
| Gain on litigation settlement, net |
(1,240,297)
|
|
| Goodwill impairment expense |
|
27,140,126
|
| Depreciation and amortization |
3,323,711
|
3,650,747
|
| Loss on sale of property and equipment |
|
34,147
|
| Total costs and expenses |
29,813,529
|
74,573,129
|
| Loss from operations |
(3,586,463)
|
(36,391,528)
|
| Other income (expense): |
|
|
| Interest expense |
(1,567,317)
|
(84,728)
|
| Interest and other income |
8,532
|
26,532
|
| Gain on settlement of debt |
148,112
|
20,161
|
| Other expense, net |
(1,410,673)
|
(38,035)
|
| Change in fair value of warrant liability |
(401,000)
|
93,789
|
| Loss before income tax expense (benefit) |
(5,398,136)
|
(36,335,774)
|
| Income tax expense (benefit) |
(1,289,634)
|
1,919,497
|
| Net loss |
$ (4,108,502)
|
$ (38,255,271)
|
| Net loss per common share, basic and diluted |
$ (1.98)
|
$ (21.99)
|
| Weighted average shares used in computing net loss per common share: |
|
|
| Basic and diluted |
2,076,724
|
1,739,824
|