Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

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

Information related to these segments is as follows:

 

REPORTABLE SEGMENTS
NINE MONTHS ENDED SEPTEMBER 30, 2016
(Unaudited)
                 
    Digital Media   Restaurants   Corporate   Consolidated
                 
Revenues   $ 88,232     $ 1,049,742     $ —       $ 1,137,974  
Cost of sales     —         323,830       —         323,830  
General and administrative     1,522,486       703,359       2,242,250       4,468,095  
Depreciation and amortization     22,986       52,165       35,466       110,617  
Operating loss   $ (1,457,240 )   $ (29,612 )   $ (2,277,716 )   $ (3,764,568 )
                                 
                                 
Current assets   $ 78,950     $ 327,253     $ 3,903,769     $ 4,309,972  
Property and equipment, net     6,096       44,559       186,635       237,290  
Intangible assets     —         —         18,606       18,606  
Deposit on acquisition     471,574       —         —         471,574  
Other non-current assets     267,500       16,610       5,689       289,799  
Total assets   $ 824,120     $ 388,422     $ 4,114,699     $ 5,327,241  

 

REPORTABLE SEGMENTS
NINE MONTHS ENDED SEPTEMBER 30, 2015
(Unaudited)
                 
    Digital Media   Restaurants   Corporate   Consolidated
                 
Revenues   $ 6,040     $ 1,217,635     $ —       $ 1,223,675  
Cost of sales     —         358,248       —         358,248  
General and administrative     237,950       676,125       3,528,904       4,442,979  
Depreciation and amortization     —         55,720       11,092       66,812  
Operating income (loss)   $ (231,910 )   $ 127,542     $ (3,539,996 )   $ (3,644,364 )
                                 
                                 
Current assets   $ 28,374     $ 271,126     $ 8,185,228     $ 8,484,728  
Property and equipment, net     6,715       115,445       129,826       251,986  
Intangible assets     —         —         25,202       25,202  
Other non-current assets     —         16,610       5,689       22,299  
Total assets   $ 35,089     $ 403,181     $ 8,345,945     $ 8,784,215  

  

REPORTABLE SEGMENTS
THREE MONTHS ENDED SEPTEMBER 30, 2016
(Unaudited)
                 
    Digital Media   Restaurants   Corporate   Consolidated
                 
Revenues   $ 23,313       407,929     $ —       $ 431,242  
Cost of sales     —         131,210       —         131,210  
General and administrative     698,900       235,192       1,148,485       2,082,577  
Depreciation and amortization     7,693       15,164       12,015       34,872  
Operating income (loss)   $ (683,280 )   $ 26,363     $ (1,160,500 )   $ (1,817,417 )

 

REPORTABLE SEGMENTS
THREE MONTHS ENDED SEPTEMBER 30, 2015
(Unaudited)
                 
    Digital Media   Restaurants   Corporate   Consolidated
                 
Revenues   $ 6,040     $ 444,507     $ —       $ 450,547  
Cost of sales     —         155,083       —         155,083  
General and administrative     143,379       254,207       379,579       777,165  
Depreciation and amortization     —         19,146       5,682       24,828  
Operating income (loss)   $ (137,339 )   $ 16,071     $ (385,261 )   $ (506,529 )