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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue $ 476,165 $ 644,891 $ 2,983,741 $ 965,268
Cost of revenue 900,284 873,025 2,772,322 2,606,142
Gross profit/(loss) (424,119) (228,134) 211,419 (1,640,874)
Operating expenses:        
Selling, general and administrative expense 1,832,443 1,861,053 5,939,559 5,772,350
Professional fees 141,034 114,271 581,115 375,986
Depreciation and amortization 98,643 124,936 283,468 414,486
Total operating expense 2,072,120 2,100,260 6,804,142 6,562,822
Loss from operations (2,496,239) (2,328,394) (6,592,723) (8,203,696)
Interest and other income/(expense)        
Interest expense, net (30,613) (29,151) (89,168) (2,346,210)
Change in fair value of warrant liabilities 91,315 281,537 125,364 (655,849)
Change in fair value of contingent consideration 0 (47,634) 0 (160,766)
Loss on investment in unconsolidated entities (50,642) (6,389) (143,666) (16,646)
Gain on sale of subsidiary 0 0 0 755,426
Loss on dissolution of a variable interest entity 0 0 0 (27,463)
Others 142,280 (14,783) 95,937 (82,464)
Net loss before income taxes and non-controlling interest (2,343,899) (2,144,814) (6,604,256) (10,737,668)
Income tax benefit 8,612 28,812 25,836 84,249
Net loss (2,335,287) (2,116,002) (6,578,420) (10,653,419)
Net loss attributable to non-controlling interest 249,369 169,364 376,893 696,708
Net loss attributable to YOU On Demand shareholders (2,085,918) (1,946,638) (6,201,527) (9,956,711)
Dividends and deemed dividends on preferred stock 0 0 0 (16,402,161)
Net loss attributable to YOU On Demand common shareholders $ (2,085,918) $ (1,946,638) $ (6,201,527) $ (26,358,872)
Basic and diluted loss per share $ (0.09) $ (0.09) $ (0.26) $ (1.45)
Weighted average shares outstanding:        
Basic and diluted 24,003,403 22,012,166 23,890,929 18,203,124