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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Net revenues $ 5,524,000 $ 4,940,000 $ 14,862,000 $ 16,556,000
Network costs 4,207,000 4,126,000 11,261,000 12,727,000
Gross profit 1,317,000 814,000 3,601,000 3,829,000
Operating expenses        
Sales and marketing 188,000 166,000 511,000 603,000
General and administrative (includes stock-based compensation of $35 and $0 for the three months ended September 30, 2012 and 2011, respectively, and $213 and $0 for the nine months ended September 30, 2012 and 2011, respectively) 782,000 954,000 2,577,000 2,830,000
Impairment of goodwill   450,000   450,000
Total operating expenses 970,000 1,570,000 3,088,000 3,883,000
Operating income (loss) 347,000 (756,000) 513,000 (54,000)
Interest expense, net (includes amortization of debt discount of $3 and $102 for the three months ended September 30, 2012 and 2011, respectively and $10 and $188 for the nine months ended September 30, 2012 and 2011, respectively) (292,000) (317,000) (868,000) (907,000)
Accounts payable write-off 0 527,000 293,000 865,000
Gain on forgiveness of debt 216,000 1,087,000 329,000 3,009,000
Net income $ 271,000 $ 541,000 $ 267,000 $ 2,913,000
Basic net income per common share (in Dollars per share) $ 0.00 $ 0.01 $ 0.00 $ 0.04
Diluted net income per common share (in Dollars per share) $ 0.00 $ 0.01 $ 0.00 $ 0.03
Shares used to calculate basic net income per common share (in thousands) (in Shares) 70,263 74,296 71,367 73,971
Shares used to calculate diluted net income per common share (in thousands) (in Shares) 91,243 88,270 91,129 87,660