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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:    
Net loss $ (8,540,921) $ (13,024,143)
Adjustments to reconcile net loss to net cash used in operating activities    
Share-based compensation expense 1,240,615 1,339,863
Provision for doubtful accounts 9,087 0
Depreciation and amortization 390,373 536,689
Amortization of interest expense related to debt issuance costs 0 128,879
Amortization of interest expense related to beneficial conversion feature 0 2,126,301
Income tax benefit (34,448) (304,670)
Equity share of loss on equity method investments 156,135 20,717
Loss on disposal of assets 2,538 49,118
Change in fair value of warrant liabilities (189,833) 621,239
Change in fair value of contingent consideration 0 160,766
Loss from disposal of consolidated entities 0 622,939
Impairment of long-term equity investments 214,998 0
Foreign currency exchange gain (219,925) 0
Change in assets and liabilities,    
Accounts receivable (607,426) (915,865)
Licensed content 499,581 (504,990)
Prepaid expenses and other assets (74,469) (79,072)
Accounts payable (65,026) (545,731)
Accrued expenses, salary and other current liabilities 196,027 502,184
Deferred revenue 1,649 (55,538)
Accrued license fees 585,525 (852,757)
Net cash used in operating activities (6,435,520) (10,174,071)
Cash flows from investing activities:    
Acquisition of property and equipment (35,179) (67,297)
Acquisition of intangibles (218,020) (3,361)
Cash paid for equity method investment 0 (208,760)
Sale of subsidiary 0 (7,549)
Net cash used in investing activities (253,199) (286,967)
Cash flows from financing activities    
Proceeds from sale of Series E Preferred Stock 0 19,000,000
Proceeds from the exercise of warrants and options 0 995,607
Series D Preferred Stock dividend payment 0 (92,054)
Prepaid cost associated with financing activities (310,156) (2,386,051)
Net cash (used in)/provided by financing activities (310,156) 17,517,502
Effect of exchange rate changes on cash (44,599) (66,982)
Net (decrease)/increase in cash (7,043,474) 6,989,482
Cash at the beginning of the year 10,812,371 3,822,889
Cash at the end of the year 3,768,897 10,812,371
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 0 0
Cash paid for interest 0 0
Value of warrants issued for issuance costs in connection with Preferred Series E shares 0 2,166,296
Conversion of convertible promissory note for Series E Preferred Stock 0 2,000,000
Exchange of Series D Preferred Stock for Series E Preferred Stock 0 4,000,000
Issuance of common stock issued from conversion of Preferred Series C shares 0 219,754
Exchange of Series E Preferred Stock for Common stock 110 0
Issuance of shares and options issued for YOD Hong Kong contingent consideration earn-out 0 739,510
Restricted cash related to the deposit of financing activities $ 2,994,364 $ 0