XML 16 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Revenue    
Convention revenue $ 22,905,636 $ 23,060,178
ConBox revenue 1,120,535
Total revenue 24,026,171 $ 23,060,178
Cost of revenue 18,760,031 14,768,763
Gross margin 5,266,140 8,291,415
Operating expenses    
Compensation 5,396,798 4,452,461
Consulting fees 625,111 419,162
General and administrative 2,126,059 1,951,630
Total operating expenses 8,147,968 6,823,253
(Loss) income from operations (2,881,828) 1,468,162
Other expenses    
Interest expense (2,909) $ (11,798)
Loss on investment (24,997)
Loss on CONtv joint venture (1,324,727) $ (460,747)
Other expenses, net (1,352,633) (472,545)
(Loss) income before income tax provision $ (4,234,461) $ 995,617
Income tax provision
Net (loss) income $ (4,234,461) $ 995,617
Net income attributable to non-controlling interests 17,706
Net (loss) income attributable to common stockholders $ (4,252,167) $ 995,617
Earnings (loss) per share    
Basic $ (0.08) $ 0.02
Diluted $ (0.08) $ 0.02
Weighted average common shares outstanding - basic 51,363,920 51,294,175
Weighted average common shares outstanding - diluted 51,363,920 55,584,150