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Acquisition of HubPages, Inc. (Tables) | 9 Months Ended
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Sep. 30, 2018
Business Combinations [Abstract] |
Summary of Price Allocation for Acquisition | The purchase price allocation resulted in the following amounts being allocated to the assets acquired (cash acquired of $1,537,308 is included in current assets) and liabilities assumed at the closing date of the acquisition based upon their respective fair values as summarized below:
Current assets |  | $ | 1,588,096 |
Accounts receivable and unbilled receivables |  |  | 1,033,080 |
Other assets |  |  | 25,812 |
Developed technology |  |  | 6,740,000 |
Tradename |  |  | 268,000 |
Goodwill |  |  | 1,857,663 |
Current liabilities |  |  | (851,114 | )
Deferred tax liability |  |  | (91,633 | )
Net assets acquired |  | $ | 10,569,904 |
Schedule of Pro-forma Information for Acquisition | The amounts of HubPages revenue and earnings included in the Company’s condensed consolidated statements of operations for the period ended September 30, 2018, and the revenue and earnings of the combined entity had the acquisition date been January 1, 2018 and 2017, are as follows:
|  | Revenue |  |  | Earnings |
Actual from August 23, 2018 to September 30, 2018 |  | $ | 843,042 |  |  | $ | 162,550 |
Supplemental pro forma from July 1, 2018 to September 30, 2018 (unaudited) |  |  | 2,250,154 |  |  |  | (8,854,343 | )
Supplemental pro forma from July 1, 2017 to September 30, 2017 (unaudited) |  |  | 1,296,903 |  |  |  | (1,854,412 | )
Supplemental pro forma from January 1, 2018 to September 30, 2018 (unaudited) |  |  | 6,001,424 |  |  |  | (18,003,676 | )
Supplemental pro forma from January 1, 2017 to September 30, 2017 (unaudited) |  |  | 3,095,570 |  |  |  | (5,403,026 | )

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- Definition Tabular disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. This also includes contingent options and commitments. + References No definition available. + Details
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