Segment Information

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Segment Information

Note 8 – Segment Information

The Company maintained operating segments; Conventions and Conbox. The Company ceased Conbox operations in 2017, which is the principal reason for the decrease in operating results compared to 2017. The Company evaluated performance of its operating segments based on revenue and operating profit (loss). Segment information for the three and six months ended June 30, 2018 and 2017 and as of June 30, 2018 and December 31, 2017, are as follows:

	Conventions			ConBox			Total
Three Months ended June 30, 2018
Revenue	$	5,111,867		$	-		$	5,111,867
Cost of revenue		(4,489,502	)		-			(4,489,502	)
Gross margin		622,365			-			622,365	)
Operating expenses		(866,636	)		-			(866,636	)
Operating loss		(244,271	)		-			(244,271	)
Three Months ended June 30, 2017
Revenue	$	4,936,084		$	10,461		$	4,946,545
Cost of revenue		(5,267,353	)		(24,333	)		(5,291,686	)
Gross margin		(331,269	)		(13,872	)		(345,141	)
Operating expenses		(1,550,096	)		(641	)		(1,550,737	)
Operating loss		(1,881,365	)		(14,513	)		(1,895,878	)
Six Months Ended June 30, 2018
Revenue	$	9,103,033		$	-		$	9,103,033
Cost of revenue		(7,375,836	)		-			(7,375,836	)
Gross margin		1,727,197			-			1,727,197	)
Operating expenses		(1,688,192	)		-			(1,688,192	)
Operating income		39,005			-			39,005
Six Months Ended June 30, 2017
Revenue	$	8,384,041		$	84,580		$	8,468,621
Cost of revenue		(8,351,855	)		(80,161	)		(8,432,016	)
Gross margin		32,186			4,419			36,605
Operating expenses		(3,185,706	)		(28,855	)		(3,214,561	)
Operating loss		(3,153,520	)		(24,436	)		(3,177,956	)

June 30, 2018
Accounts receivable, net	$	272,691	$	-	$	272,691
Total assets		2,283,770		-		2,283,770
Unearned revenue		1,737,545		-		1,737,545
December 31, 2017
Accounts receivable, net	$	336,030	$	-	$	336,030
Total assets		2,940,089		-		2,940,089
Unearned revenue		2,164,972		-		2,164,972