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SEGMENT INFORMATION
9 Months Ended
Sep. 30, 2015
SEGMENT INFORMATION [Abstract]  
SEGMENT INFORMATION

NOTE 6 – SEGMENT INFORMATION


The Company has two identifiable segments as of September 30, 2015; products and services. The products segment sells merchandise to customers thorough e-commerce distributor portals and directly to consumers through our proprietary websites and retail location. The services segment is focused on producing advertising revenue generated by users "clicking" on website advertisements utilizing several advertising network partners and direct advertisers and subscription revenue generated by the sale of access to career postings on one of our websites.


The following information represents segment activity for the three and nine months ended September 30, 2015. Comparable information is not presented for the respective periods in 2014 as the Company only had one identifiable segment in the respective 2014 periods:


 

 

For the three months ended

September 30,

 

 

For the nine months ended

September 30,

 

 

 

2015

 

 

2015

 

 

 

Products

 

 

Services

 

 

Total

 

 

Products

 

 

Services

 

 

Total

 

Revenues

 

$

335,750

 

 

$

95,264

 

 

$

431,014

 

 

$

921,322

 

 

$

191,722

 

 

$

1,113,044

 

Amortization

 

$

 

 

$

45,801

 

 

$

45,801

 

 

$

 

 

$

131,937

 

 

$

131,937

 

Depreciation

 

$

3,211

 

 

$

911

 

 

$

4,122

 

 

$

9,006

 

 

$

1,873

 

 

$

10,879

 

Loss from operations

 

$

(414,698

)

 

$

56,046


 

$

(358,652

)

 

$

(937,098

)

 

$

(142,658

)

 

$

(1,079,756

)

Segment Assets

 

$

1,537,101

 

 

$

827,935

 

 

$

2,365,036

 

 

$

1,537,101

 

 

$

827,935

 

 

$

2,365,036

 


The following information represents further detail on segment revenues for the three and nine months ended September 30, 2015 and 2014:


 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

 September 30,

 

 

September 30, 

 

 

 

(unaudited)

 

 

(unaudited)

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Product Sales

 

$

335,750

 

 

$

245,812

 

 

$

921,322

 

 

$

675,130

 

Services

 

$

95,264

 

 

$

31,031

 

 

$

191,722

 

 

$

66,876

 

Total Revenue

 

$

431,014

 

 

$

276,843

 

 

$

1,113,044

 

 

$

742,006