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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net loss $ (3,880,489) $ (4,243,133)
Adjustments to reconcile net loss to net cash used in operating activities    
Share-based compensation expense 211,840 681,376
Provision for doubtful accounts 0 9,087
Depreciation and amortization 220,806 184,825
Amortization of debt issuance costs 122,696 0
Income tax benefit (17,224) (17,224)
Equity in losses of equity method investees 37,349 93,024
Loss on disposal of assets 0 2,421
Change in fair value of warrant liabilities (143,606) (34,049)
Foreign currency exchange losses (153,334) 0
Change in assets and liabilities:    
Accounts receivable (1,405,355) (1,598,494)
Licensed content (143,000) 328,164
Prepaid expenses and other assets (116,540) (447,411)
Accounts payable 605,466 (80,200)
Accrued expenses, salary and other current liabilities (6,084) 375,847
Deferred revenue (13,848) 317,746
Accrued license content fees 584,580 547,792
Net cash used in operating activities (4,096,743) (3,880,229)
Cash flows from investing activities:    
Acquisition of property and equipment (2,070,672) (30,116)
Investments in intangibles and research and development (2,163,872) (35,202)
Investment in long term investments (3,000,000) 0
Net cash used in investing activities (7,234,544) (65,318)
Cash flows from financing activities    
Proceeds from issuance of shares and warrant 10,000,000 0
Net cash provided by financing activities 10,000,000 0
Effect of exchange rate changes on cash (33,849) (1,314)
Net decrease in cash (1,365,136) (3,946,861)
Cash at beginning of period 3,768,897 10,812,371
Cash at end of period 2,403,761 6,865,510
Supplemental Cash Flow Information:    
Cash paid for income taxes 0 0
Cash paid for interest 0 0
Exchange of Series E Preferred Stock for common stock 100 39
Issuance of convertible note for licensed content 17,717,847 0
Issuance of shares for the settlement of liability 75,000 0
Issuance of shares upon conversion of convertible note, including accrued interest and debt issuance cost 17,733,297 0
Acquisition of long term investment through transfer of Game IP rights 2,714,441 0
Payable for Game IP rights acquired 603,209 0
Payable for workforce acquired $ 131,358 $ 0