XML 19 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue $ 1,480,464 $ 1,479,648 $ 2,750,190 $ 2,507,576
Cost of revenue 800,399 829,039 1,716,179 1,872,038
Gross profit 680,065 650,609 1,034,011 635,538
Operating expenses:        
Selling, general and administrative expense 1,808,906 1,658,814 3,973,959 4,107,116
Professional fees 270,491 151,363 637,937 440,081
Depreciation and amortization 123,343 95,082 220,806 184,825
Total operating expense 2,202,740 1,905,259 4,832,702 4,732,022
Loss from operations (1,522,675) (1,254,650) (3,798,691) (4,096,484)
Interest and other income/(expense)        
Interest expense, net (166,710) (30,232) (200,183) (58,555)
Change in fair value of warrant liabilities 106,583 49,344 143,606 34,049
Equity in losses of equity method investees (27,001) (60,621) (37,349) (93,024)
Other (5,258) (36,576) (5,096) (46,343)
Loss before income taxes and non-controlling interest (1,615,061) (1,332,735) (3,897,713) (4,260,357)
Income tax benefit 8,612 8,612 17,224 17,224
Net loss (1,606,449) (1,324,123) (3,880,489) (4,243,133)
Net loss attributable to non-controlling interest 18,360 7,303 155,929 127,524
Net loss attributable to YOU On Demand shareholders $ (1,588,089) $ (1,316,820) $ (3,724,560) $ (4,115,609)
Basic and diluted loss per share $ (0.05) $ (0.06) $ (0.14) $ (0.17)
Weighted average shares outstanding:        
Basic and diluted 29,197,899 23,851,602 26,815,888 23,833,760