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Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD $)
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3 Months Ended | 6 Months Ended | 9 Months Ended | 3 Months Ended | |||
|---|---|---|---|---|---|---|---|
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Apr. 19, 2013
Common Class L [Member]
Predecessor [Member]
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Apr. 19, 2013
Nonvoting Common Stock [Member]
Predecessor [Member]
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Sep. 30, 2014
Successor [Member]
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Sep. 30, 2013
Successor [Member]
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Sep. 30, 2013
Successor [Member]
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Sep. 30, 2014
Successor [Member]
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Apr. 19, 2013
Predecessor [Member]
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| Revenue: | |||||||
| Advertising | $ 3,572,657 | $ 4,308,717 | $ 9,565,274 | $ 10,989,894 | |||
| Products | 4,387,418 | 5,460,746 | 10,529,906 | 9,976,720 | 2,239,236 | ||
| Maintenance and content services | 4,140,207 | 3,232,466 | 5,805,021 | 12,044,494 | 3,594,520 | ||
| Professional services | 1,813,134 | 2,580,894 | 4,732,649 | 6,053,823 | 1,323,559 | ||
| Total Revenue | 13,913,416 | 15,582,823 | 30,632,850 | 39,064,931 | 7,157,315 | ||
| Cost of Revenue: | |||||||
| Advertising | 2,791,791 | 3,352,016 | 6,707,899 | 8,581,701 | |||
| Products | 2,989,925 | 3,729,288 | 6,990,780 | 7,411,693 | 1,498,135 | ||
| Maintenance and content services | 694,289 | 873,340 | 1,445,773 | 2,210,373 | 611,692 | ||
| Professional services | 1,308,998 | 1,344,836 | 2,542,140 | 4,393,966 | 861,640 | ||
| Cost of Revenue – products and services | 7,785,003 | 9,299,480 | 17,686,592 | 22,597,733 | 2,971,467 | ||
| Loss on long-term contract | (2,756,733) | 1,373,371 | |||||
| Total Cost of Revenue | 5,028,270 | 9,299,480 | 17,686,592 | 23,971,104 | 2,971,467 | ||
| Gross Profit | 8,885,146 | 6,283,343 | 12,946,258 | 15,093,827 | 4,185,848 | ||
| Operating expenses: | |||||||
| Sales and marketing | 4,140,374 | 4,324,370 | 7,675,656 | 14,776,478 | 1,729,871 | ||
| General and administrative | 3,126,949 | 3,888,646 | 6,504,162 | 13,617,293 | 1,739,348 | ||
| Research and development | 994,182 | 904,610 | 1,711,010 | 3,114,219 | 512,985 | ||
| Acquisition expenses | 378,193 | 789,653 | 1,995,250 | 378,193 | 3,143,251 | ||
| Depreciation and amortization | 1,598,160 | 1,679,344 | 2,971,620 | 5,398,978 | 140,293 | ||
| Impairment of intangible assets and goodwill | 17,176,490 | 24,421,849 | |||||
| Total operating expenses | 27,414,348 | 11,586,623 | 20,857,698 | 61,707,010 | 7,265,748 | ||
| Operating income (loss) | (18,529,202) | (5,303,280) | (7,911,440) | (46,613,183) | (3,079,900) | ||
| Other Income (Expense): | |||||||
| Warrant liability income (expense) | 771,898 | 2,090,667 | (1,829,333) | 182,889 | |||
| Interest expense and other – net | (1,080,276) | (949,671) | (1,695,988) | (1,194,967) | (14,553) | ||
| Income (loss) before income taxes | (18,837,580) | (4,162,284) | (11,436,761) | (47,625,261) | (3,094,453) | ||
| Income tax expense (benefit) | (1,274,355) | (1,603,215) | (540,897) | ||||
| Net income (loss) | (17,563,225) | (4,162,284) | (11,436,761) | (46,022,046) | (2,553,556) | ||
| Other comprehensive income (loss) - | |||||||
| Foreign currency translation adjustments | (199,992) | 178,661 | 191,818 | (98,204) | (121,144) | ||
| Total comprehensive income (Loss) | $ (17,763,217) | $ (3,983,623) | $ (11,244,943) | $ (46,120,250) | $ (2,674,700) | ||
| Net income(loss) per share: | |||||||
| Basic and dilutive net income (loss) per share of Common Stock (in Dollars per share) | $ (2.55) | $ (1.45) | $ (0.46) | $ (1.46) | $ (3.79) | ||
| Weighted average shares used in computing basic and dilutive net income (loss) per share of Common Stock (in Shares) | 1,000,000 | 68,889 | 12,132,973 | 9,028,083 | 7,824,059 | 12,151,630 | |