Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.3.0.814
Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting

Information related to these segments is as follows:

  

REPORTABLE SEGMENTS
NINE MONTHS ENDED SEPTEMBER 30, 2015
(Unaudited)
                 
    Digital Media   Restaurants   Corporate   Consolidated
                 
                 
Revenues   $ 392,553     $ 1,217,635     $ —       $ 1,610,188  
Cost of sales     —         358,248       —         358,248  
General and administrative     1,186,349       676,125       3,528,904       5,391,378  
Depreciation and amortization     41,423       55,720       11,092       108,235  
Operating income (loss)   $ (835,219 )   $ 127,542     $ (3,539,996 )   $ (4,247,673 )
                                 
                                 
Current assets     90,227     $ 271,126     $ 8,185,228     $ 8,546,581  
Fixed assets     6,715       115,445       129,826       251,986  
Intangible assets and goodwill     1,776,765       —         25,202       1,801,967  
Other non-current assets     —         16,610       5,689       22,299  
Total assets   $ 1,873,707     $ 403,181     $ 8,345,945     $ 10,622,833  

  

REPORTABLE SEGMENTS
NINE MONTHS ENDED SEPTEMBER 30, 2014
(Unaudited)
                 
    Digital Media   Restaurants   Corporate   Consolidated
                 
                 
Revenues   $ —       $ 1,113,305     $ —       $ 1,113,305  
Cost of sales     —         372,274       —         372,274  
General and administrative     —         609,937       558,624       1,168,561  
Depreciation and amortization     —         54,129       —         54,129  
Operating Loss   $ —       $ 76,965     $ (558,624 )   $ (481,659 )
                                 
                                 
Current assets   $ —       $ 220,855     $ 12,879,694     $ 13,100,549  
Fixed assets     —         155,250       —         155,250  
Intangible assets and goodwill     —         —         5,000       5,000  
Other non-current assets     —         15,000       —         15,000  
Total assets   $ —       $ 391,105     $ 12,884,694     $ 13,275,799  

  

REPORTABLE SEGMENTS
THREE MONTHS ENDED SEPTEMBER 30,
(Unaudited)
                 
    Digital Media   Restaurants   Corporate   Consolidated
                 
2015                                
Revenues   $ 21,169     $ 444,507     $ —       $ 465,676  
Cost of sales     —         155,083       —         155,083  
General and administrative     514,885       254,207       379,579       1,148,671  
Depreciation and amortization     20,845       19,146       5,682       45,673  
Operating income (loss)   $ (514,561 )   $ 16,071     $ (385,261 )   $ (883,751 )
                                 
                                 
                                 
                                 
      Digital Media       Restaurants       Corporate       Consolidated  
                                 
2014                                
Revenues   $ —       $ 373,664     $ —       $ 373,664  
Cost of sales     —         140,725       —         140,725  
General and administrative     —         187,145       347,367       534,512  
Depreciation and amortization     —         17,997       —         17,997  
Operating Loss   $ —       $ 27,797     $ (347,367 )   $ (319,570 )