Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.5.0.2
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting

Information related to these segments is as follows:

 

REPORTABLE SEGMENTS
SIX MONTHS ENDED JUNE 30, 2016
(Unaudited)
                 
    Digital Media   Restaurants   Corporate   Consolidated
                 
Revenues   $ 64,919     $ 641,813     $ —       $ 706,732  
Cost of sales     —         192,620       —         192,620  
General and administrative     823,586       468,167       1,093,765       2,385,518  
Depreciation and amortization     15,293       37,001       23,451       75,745  
Operating loss   $ (773,960 )   $ (55,975 )   $ (1,117,216 )   $ (1,947,151 )
                                 
                                 
Current assets   $ 153,376     $ 270,966     $ 5,340,902     $ 5,765,244  
Property and equipment, net     6,426       59,723       197,750       263,899  
Intangible assets     —         —         19,506       19,506  
Deferred acquisition costs     471,574       —         —         471,574  
Other non-current assets     —         16,610       5,689       22,299  
Total assets   $ 631,376     $ 347,299     $ 5,563,847     $ 6,542,522  

 

REPORTABLE SEGMENTS
SIX MONTHS ENDED JUNE 30, 2015
(Unaudited)
                 
    Digital Media   Restaurants   Corporate   Consolidated
                 
Revenues   $ —       $ 773,128     $ —       $ 773,128  
Cost of sales     —         203,165       —         203,165  
General and administrative     94,571       421,918       3,149,325       3,665,814  
Depreciation and amortization     —         36,574       5,410       41,984  
Operating Loss   $ (94,571 )   $ 111,471     $ (3,154,735 )   $ (3,137,835 )
                                 
                                 
Current assets   $ 50,911     $ 234,402     $ 9,457,434     $ 9,742,747  
Property and equipment, net     —         134,591       118,590       253,181  
Intangible assets     —         —         25,202       25,202  
Other non-current assets     —         16,610       5,689       22,299  
Total assets   $ 50,911     $ 385,603     $ 9,606,915     $ 10,043,429  

 

REPORTABLE SEGMENTS
THREE MONTHS ENDED JUNE 30, 2016
(Unaudited)
                 
    Digital Media   Restaurants   Corporate   Consolidated
                 
Revenues   $ 29,592     $ 344,751     $ —       $ 374,343  
Cost of sales     —         95,136       —         95,136  
General and administrative     489,777       229,677       505,030       1,224,484  
Depreciation and amortization     7,793       18,280       12,015       38,088  
Operating income (loss)   $ (467,978 )   $ 1,658     $ (517,045 )   $ (983,365 )

  

REPORTABLE SEGMENTS
THREE MONTHS ENDED JUNE 30, 2015
(Unaudited)
                 
    Digital Media   Restaurants   Corporate   Consolidated
                 
Revenues   $ —       $ 441,207     $ —       $ 441,207  
Cost of sales     —         102,577       —         102,577  
General and administrative     94,571       147,819       1,254,520       1,496,910  
Depreciation and amortization     —         18,777       4,505       23,282  
Operating Loss   $ (94,571 )   $ 172,034     $ (1,259,025 )   $ (1,181,562 )