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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
REVENUE:        
Audio and web conferencing $ 2,051,583 $ 2,331,013 $ 6,159,476 $ 6,969,507
Webcasting 1,249,279 1,148,267 3,576,241 3,513,618
Network usage 439,710 403,175 1,268,683 1,252,667
DMSP and hosting 161,235 186,420 496,991 614,383
Other 9,451 4,123 17,803 44,677
Total revenue 3,911,258 4,072,998 11,519,194 12,394,852
COSTS OF REVENUE:        
Audio and web conferencing 517,064 627,104 1,601,962 1,812,784
Webcasting 314,484 305,308 917,723 888,070
Network usage 198,474 198,803 591,018 607,767
DMSP and hosting 42,186 6,984 122,274 92,380
Other
Total costs of revenue 1,072,208 1,138,199 3,232,977 3,401,001
GROSS MARGIN 2,839,050 2,934,799 8,286,217 8,993,851
General and administrative:        
Compensation (excluding equity) 1,789,279 1,854,585 5,606,566 5,546,218
Compensation paid with common shares and other equity 64,296 (8,427) 203,889 194,349
Professional fees 243,565 377,797 608,421 864,520
Other 528,434 688,006 1,702,295 1,969,329
Impairment loss on goodwill and other intangible assets   5,598,021   5,598,021
Depreciation and amortization 77,867 167,881 249,459 549,287
Total operating expenses 2,703,441 8,677,863 8,370,630 14,721,724
(Loss) income from operations 135,609 (5,743,064) (84,413) (5,727,873)
INTEREST AND OTHER EXPENSE, NET:        
Interest expense (261,578) (368,314) (912,370) (1,288,908)
Other expense, net (68,616) (347) (209,659) (98,316)
Total interest and other expense, net (330,194) (368,661) (1,122,029) (1,387,224)
Net loss (194,585) (6,111,725) (1,206,442) (7,115,097)
Net income attributable to noncontrolling owners’ interest in Variable Interest Entity (242,063) (100,000) (607,039) (133,333)
Onstream Media shareholders’ net loss $ (436,648) $ (6,211,725) $ (1,813,481) $ (7,248,430)
Onstream Media shareholders’ net loss per share – basic and diluted (in Dollars per share) $ (0.02) $ (0.24) $ (0.07) $ (0.29)
Weighted average shares of common stock outstanding – basic and diluted (in Shares) 26,192,977 25,411,247 26,085,526 25,119,891