VIE Structure and Arrangements (Tables)

12 Months Ended

Dec. 31, 2015

Statement of Financial Position [Table Text Block]

		December 31,		December 31,
		2015		2014
ASSETS
Current assets:
Cash	$	1,001,094	$	506,525
Accounts receivable, net		1,689,415		1,091,076
Licensed content, current		556,591		1,041,609
Prepaid expenses		98,893		105,918
Other current assets		133,582		12,811
Intercompany receivables due from the Company's subsidiaries (i)		161,017		572,192
Total current assets		3,640,592		3,330,131
Property and equipment, net		149,880		297,898
Licensed content, non-current		21,085		35,648
Intangible assets, net		253,771		5,291
Long-term equity investments		450,115		850,054
Other non-current assets		58,026		272,657
Total assets	$	4,573,469	$	4,791,679
LIABILITIES
Current liabilities:
Accounts payable	$	44,867	$	8,598
Deferred revenue		15,080		13,431
Accrued expenses		280,038		303,766
Other current liabilities		298,422		269,854
Accrued salaries		10,861		-
Accrued license fees		933,532		348,007
Intercompany payables due to the Company's subsidiaries (i)		12,512,954		11,200,536
Total current liabilities		14,095,754		12,144,192
Total liabilities	$	14,095,754	$	12,144,192

Statement of Operation [Table Text Block]

		December 31,			December 31,
		2015			2014
Net revenue	$	4,606,380		$	1,962,622
Net loss	$	(2,573,046	)	$	(3,173,010	)

Statement of Cash Flow [Table Text Block]

		December 31,			December 31,
		2015			2014
Net cash used in operating activities	$	(782,670	)	$	(2,284,452	)
Net cash used in investing activities	$	(35,179	)	$	(278,469	)
Net cash provided by financing activities	$	1,312,418		$	-