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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Net licensing revenue $ 6,269,000 $ 6,064,000 $ 12,793,000 $ 9,604,000
Net e-commerce sales 52,000 8,000 119,000 8,000
Total revenues 6,321,000 6,072,000 12,912,000 9,612,000
Cost of goods sold 35,000 4,000 80,000 4,000
Gross profit 6,286,000 6,068,000 12,832,000 9,608,000
Operating expenses        
Salaries, benefits and employment taxes 3,073,000 2,405,000 6,176,000 4,381,000
Other design and marketing costs 808,000 181,000 1,092,000 356,000
Other selling, general and administrative expenses 535,000 701,000 1,521,000 1,381,000
Stock-based compensation 1,108,000 1,818,000 2,121,000 3,383,000
Depreciation and amortization 318,000 236,000 580,000 460,000
Total operating expenses 5,842,000 5,341,000 11,490,000 9,961,000
Other expenses (income)        
Gain on reduction of contingent obligation (3,000,000) (600,000) (3,000,000) (600,000)
Loss on extinguishment of debt 760,000 0 1,371,000 0
Total other income, net (2,240,000) (600,000) (1,629,000) (600,000)
Operating income 2,684,000 1,327,000 2,971,000 247,000
Interest and finance expense        
Interest expense - term debt 309,000 226,000 621,000 370,000
Other interest and finance charges 124,000 183,000 323,000 277,000
Total interest and finance expense 433,000 409,000 944,000 647,000
Income (loss) from continuing operations before income taxes 2,251,000 918,000 2,027,000 (400,000)
Income tax provision (benefit) 90,000 320,000 (16,000) (174,000)
Income (loss) from continuing operations 2,161,000 598,000 2,043,000 (226,000)
Loss from discontinued operations, net (54,000) (189,000) (267,000) (320,000)
Net income (loss) $ 2,107,000 $ 409,000 $ 1,776,000 $ (546,000)
Basic net income (loss) per share:        
Continuing operations $ 0.15 $ 0.05 $ 0.14 $ (0.02)
Discontinued operations, net (0.01) (0.02) (0.02) (0.03)
Net income (loss) 0.14 0.03 0.12 (0.05)
Diluted net income (loss) per share:        
Continuing operations 0.14 0.05 0.13 (0.02)
Discontinued operations, net (0.01) (0.02) (0.02) (0.03)
Net income (loss) $ 0.13 $ 0.03 $ 0.11 $ (0.05)
Basic and diluted loss per share:        
Basic weighted average common shares outstanding 14,850,874 11,713,813 14,462,305 11,274,503
Diluted weighted average common shares outstanding 15,963,975 12,710,184 15,575,406 11,274,503