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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
REVENUES $ 22,114,839 $ 16,994,858 $ 60,163,145 $ 52,123,171
COST OF REVENUES (including amortization and depreciation of $307,235, $290,011, $887,870, and $873,724, respectively) 18,076,810 13,875,473 48,559,591 42,127,589
GROSS PROFIT 4,038,029 3,119,385 11,603,554 9,995,582
OPERATING EXPENSES        
Sales and Marketing 625,481 764,845 2,066,995 2,333,039
General and Administrative Expenses (including share-based compensation of $68,088, $89,229, $204,414 and $208,091, respectively 3,450,767 3,624,495 10,650,697 11,027,431
Product Development 2,648 268,853 261,031 479,878
Depreciation and Amortization 84,759 92,968 268,956 283,211
Total Operating Expenses 4,163,655 4,751,161 13,247,679 14,123,559
LOSS FROM OPERATIONS (125,626) (1,631,776) (1,644,125) (4,127,977)
OTHER INCOME (EXPENSE)        
Interest Income 3,012 7,020 10,618 17,924
Interest Expense (20,910) (30,868) (61,068) (111,253)
Other Income 3,779 (37,814) 11,124 37,826
Total Other Expense (14,119) (61,662) (39,326) (55,503)
LOSS BEFORE PROVISION FOR INCOME TAXES (139,745) (1,693,438) (1,683,451) (4,183,480)
INCOME TAX PROVISION 8,295 69,842 21,029 147,187
NET LOSS $ (148,040) $ (1,763,280) $ (1,704,480) $ (4,330,667)
BASIC EARNINGS PER SHARE $ (0.00) $ (0.02) $ (0.02) $ (0.05)
BASIC WEIGHTED-AVERAGE SHARES OUTSTANDING 82,730,134 82,515,103 82,673,570 82,130,665
DILUTED EARNINGS PER SHARE $ (0.00) $ (0.02) $ (0.02) $ (0.05)
DILUTED WEIGHTED-AVERAGE SHARES OUTSTANDING 82,730,134 82,515,103 82,673,570 82,130,665