v3.4.0.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Revenues $ 4,024,354 $ 765,690 $ 10,605,601 $ 9,955,861
Cost of revenues 5,141,020 595,979 11,100,277 7,998,801
Gross profit (1,116,666) 169,711 (494,676) 1,957,060
Operating expenses:        
Selling and marketing expenses 730,576 174,863 1,344,463 351,875
General and administrative expenses 3,765,144 1,027,498 8,341,287 3,698,924
Impairment loss on goodwill 19,177,171 0 19,177,171 0
Impairment loss on other intangible assets 2,793,415 0 2,793,415 0
Loss from operations (27,582,972) (1,032,650) (32,151,012) (2,093,739)
Other (income) expense:        
Change in fair value of warrants (665,733) 0 1,037,108 0
Interest expense (1,663,199) (238,185) (3,294,488) (238,185)
Interest income 33,565 0 70,303 0
Loss on inventory deposit (200,000) 0 (200,000) 0
Loss on note receivable (1,035,256) 0 (1,035,256) 0
Other income (expense) 9,292 7,658 (38,403) 6,229
Net other income (expense) (3,521,331) (230,527) (3,460,736) (231,956)
Loss before provision for income taxes (31,104,303) (1,263,177) (35,611,748) (2,325,695)
Provision for income taxes 0 0 0 0
Net loss (31,104,303) (1,263,177) (35,611,748) (2,325,695)
Less: Net loss attributed to noncontrolling interest in Ronco Holdings, Inc. 17,942,343 0 19,139,054 0
Net loss attributable to As Seen On TV, Inc. $ (13,161,960) $ (1,263,177) $ (16,472,694) $ (2,325,695)
Basic and diluted loss per share $ (.02) $ (.02) $ (.04) $ (.03)
Basic and diluted weighted-average number of common shares outstanding 531,815,115 71,741,250 378,457,160 67,114,073