XML 16 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue        
Convention revenue $ 9,507,647 $ 7,444,085 $ 14,501,306 $ 13,545,514
ConBox revenue 122,823 132,309 471,005 132,309
Total revenue 9,630,470 7,576,394 14,972,311 13,677,823
Cost of revenue 7,222,287 6,838,712 10,358,704 11,420,876
Gross margin 2,408,183 737,682 4,613,607 2,256,947
Operating expenses        
Compensation 1,108,450 1,386,211 2,428,412 2,775,665
Consulting fees 159,233 151,165 277,251 281,556
General and administrative 665,081 542,015 1,303,437 1,091,900
Total operating expenses 1,932,764 2,079,391 4,009,100 4,149,121
Income (loss) from operations 475,419 (1,341,709) 604,507 (1,892,174)
Other expenses        
Interest expense (79) (885)
Loss on CONtv joint venture (75,000) (466,960) (150,000) (898,436)
Other expenses (75,079) (466,960) (150,885) (898,436)
Income (loss) before income tax provision 400,340 (1,808,669) 453,622 (2,790,610)
Income tax provision
Net income (loss) 400,340 (1,808,669) 453,622 (2,790,610)
Net income (loss) attributable to non-controlling interests (439) (5,786) 68,953 (5,786)
Net income (loss) attributable to common stockholders $ 400,779 $ (1,802,883) $ 384,669 $ (2,784,824)
Income (loss) per share        
Basic $ 0.01 $ (0.04) $ 0.01 $ (0.05)
Diluted $ 0.01 $ (0.04) $ 0.01 $ (0.05)
Weighted average common shares outstanding - basic 51,368,386 51,363,221 51,368,386 51,365,789
Weighted average common shares outstanding - diluted 55,377,386 51,363,221 55,377,386 51,363,789