XML 127 R38.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 18 - Quarterly Results of Operations Data (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Quarterly Financial Information [Table Text Block]
   
Three Months Ended,
 
   
2012
   
2011
 
   
December 31,
   
September 30,
   
June 30,
   
March 31,
   
December 31,
   
September 30,
   
June 30,
   
March 31,
 
Revenues
  $ 11,608,937     $ 11,598,432     $ 13,054,861     $ 10,395,729     $ 5,912,174     $ 929,482     $ 1,620,473     $ 2,243,564  
                                                                 
Operating Costs and Expenses
                                                               
  Sales and marketing
    2,367,564       2,656,955       1,676,243       1,766,396       1,069,251       328,118       285,262       347,891  
  Product development and content
    6,905,722       7,883,987       8,224,749       6,496,459       3,906,947       1,515,499       1,498,007       1,622,951  
  General and administrative
    3,337,527       2,001,950       2,379,313       944,533       2,536,627       774,342       877,928       905,873  
  Depreciation and amortization
    1,073,330       1,025,421       965,155       898,384       593,735       96,943       93,521       86,170  
  Acquisition and restructuring costs
    (469,011 )     353,555       247,877       290,067       779,439       732,075       69,166       367,751  
Operating Expenses
    13,215,132       13,921,868       13,493,337       10,395,839       8,885,999       3,446,977       2,823,884       3,330,636  
                                                                 
Loss from Operations
    (1,606,195 )     (2,323,436 )     (438,476 )     (110 )     (2,973,825 )     (2,517,495 )     (1,203,411 )     (1,087,072 )
Other  Income (Expense):
                                                               
                                                                 
  Interest income
    2,811       3,866       4,318       5,574       7,805       15,426       17,474       16,560  
  Interest expense
    (418,538 )     (280,852 )     (288,216 )     (298,068 )     (204,199 )     (151,780 )     (151,219 )     (149,986 )
  Other income
    -       8,581       497       533       493       548       574       596  
Total Other Income (Expense)
    (415,727 )     (268,405 )     (283,401 )     (291,961 )     (195,901 )     (135,806 )     (133,171 )     (132,830 )
                                                                 
Net loss from continuing operations
  $ (2,021,922 )   $ (2,591,841 )   $ (721,877 )   $ (292,071 )   $ (3,169,726 )   $ (2,653,301 )   $ (1,336,582 )   $ (1,219,902 )
Net loss from discontinued operations
  $ -     $ -     $ (3,114,040 )     (566,587 )   $ (2,287,545 )   $ (859,511 )   $ (970,026 )     (269,225 )
Net loss
  $ (2,021,922 )   $ (2,591,841 )   $ (3,835,917 )   $ (858,658 )   $ (5,457,271 )   $ (3,512,812 )   $ (2,306,608 )   $ (1,489,127 )
                                                                 
Basic and diluted loss per common shareholders:
                                                               
 Continuing operations
  $ (0.05 )   $ (0.07 )   $ (0.02 )   $ (0.01 )   $ (0.11 )   $ (0.16 )   $ (0.08 )   $ (0.08 )
 Discontinued operations
  $ -     $ -     $ (0.09 )   $ (0.02 )   $ (0.08 )   $ (0.05 )   $ (0.06 )   $ (0.02 )
Basic and diluted loss per common shareholders
  $ (0.05 )   $ (0.07 )   $ (0.11 )   $ (0.02 )   $ (0.20 )   $ (0.22 )   $ (0.14 )   $ (0.10 )