Segment Information

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Segment Information

Note 9 – Segment Information

The Company evaluates performance of its operating segments based on revenue and operating profit (loss). Segment information for the three and six months ended June 30, 2016 and 2015 and as of June 30, 2016 and December 31, 2015, are as follows:

	Conventions			ConBox			Total
Three Months ended June 30, 2016
Revenue	$	9,507,647			122,823			9,630,470
Cost of revenue		(6,870,870	)		(351,417	)		(7,222,287	)
Gross margin		2,636,777			(228,594	)		2,408,183
Operating expenses		(1,930,011	)		(2,753	)		(1,932,764	)
Operating profit (loss)		706,766			(231,347	)		475,419
Three Months ended June 30, 2015
Revenue	$	7,444,085			132,309			7,576,394
Cost of revenue		(6,714,684	)		(124,028	)		(6,838,712	)
Gross margin		729,401			8,281			737,682
Operating expenses		(2,067,819	)		(11,572	)		(2,079,391	)
Operating loss		(1,338,418	)		(3,291	)		(1,341,709	)
Six Months ended June 30, 2016
Revenue	$	14,501,306		$	471,005		$	14,972,311
Cost of revenue		(9,783,283	)		(575,421	)		(10,358,704	)
Gross margin		4,718,023			(104,416	)		4,613,607
Operating expenses		(3,993,276	)		(15,824	)		(4,009,100	)
Operating profit		724,747			(120,240	)		604,507
Six Months ended June 30, 2015
Revenue	$	13,545,514		$	132,309		$	13,677,823
Cost of revenue		(11,296,848	)		(124,028	)		(11,420,876	)
Gross margin		2,248,666			8,281			2,256,947
Operating expenses		(4,137,549	)		(11,572	)		(4,149,121	)
Operating loss		(1,888,883	)		(3,291	)		(1,892,174	)
June 30, 2016
Accounts receivable, net	$	13,864		$	76,615		$	90,479
Unearned revenue		1,995,798			95,546			2,091,344
December 31, 2015
Accounts receivable, net	$	108,795		$	298,347		$	407,142
Unearned revenue		3,340,837			390,661			3,731,498