XML 17 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Net revenue $ 18,730,449 $ 13,420,947
Cost of revenue 4,285,270 6,069,219
Gross profit 14,445,179 7,351,728
Operating expenses    
Marketing costs 11,065,666 4,922,146
Compensation 1,716,880 1,191,057
Selling, general and administrative 1,259,626 987,766
Total operating expenses 14,042,172 7,100,969
Operating income 403,007 250,759
Interest expense, net (23,608) (51,161)
Income from continuing operations before taxes 379,399 199,598
Income tax (expense) benefit (7,235) 406,453
Net income from continuing operations 372,164 606,051
Net income from discontinued operations 2,110 20,259
Net income $ 374,274 $ 626,310
Per common share data: Basic and Diluted    
Net income (loss) from continuing operations (in usd per share) $ 0.02 $ 0.03
Net income from discontinued operations (in usd per share) 0.00 0.00
Net income (in usd per share) $ 0.02 $ 0.03
Weighted average shares    
Basic (in shares) 24,381,497 24,086,705
Diluted (in shares) 24,566,288 24,240,258