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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) (USD $) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2013 | Jun. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012
Income Statement [Abstract] |  |  |  |
Revenues | $ 0 | $ 143,334 | $ 71,667 | $ 374,542
Cost of revenues | 0 | 850 | 0 | 235,803
Gross profit | 0 | 142,484 | 71,667 | 138,739
Operating expenses |  |  |  |
General and administrative | 339,597 | 1,055,527 | 1,766,561 | 3,818,022
Impairment of intangible assets | 0 | 197,500 | 1,935,621 | 197,500
Warrants, options and stock | 631,367 | 1,877,144 | 4,238,650 | 2,311,297
Fair value of common stock exchanged for warrants | 0 | 0 | 3,069,792 | 0
Legal and professional services | 576,709 | 428,708 | 1,010,415 | 2,003,398
Depreciation and amortization | 7,479 | 9,855 | 24,577 | 29,613
Total operating expenses | 1,555,152 | 3,568,734 | 12,045,616 | 8,359,830
Loss from operations | (1,555,152) | (3,426,250) | (11,973,949) | (8,221,091)
Other (income)/expenses |  |  |  |
(Gain)/loss on adjustments to fair value of derivative liability | 0 | (2,022,790) | (8,980,077) | 13,845,208
Gain on extinguishment of derivative liability | 0 | 0 | (1,409,530) | 0
Other (income)/expense | (51,444) | (133,770) | (54,498) | 626,926
Interest expense | 35,203 | 52,313 | 152,788 | 104,431
Total other (income)/expenses | (16,241) | (2,104,247) | (10,291,317) | 14,576,565
Net loss | (1,538,911) | (1,322,003) | (1,682,632) | (22,797,656)
Net loss/(income) attributed to non-controlling interests | 13,634 | (84) | 28,065 | 5,951
Net loss attributed to Stratus Media Group | (1,525,277) | (1,322,087) | (1,654,567) | (22,791,705)
Preferred dividends | $ 0 | $ 119,744 | $ 171,625 | $ 365,417
Net loss attributable to Stratus Media Group common shareholders | $ (1,525,277) | $ (1,441,831) | $ (1,826,192) | $ (23,157,122)
Basic and diluted loss per share | $ 0.00 | $ (0.02) | $ (0.01) | $ (0.26)
Basic weighted average shares outstanding | 414,401,939 | 89,748,496 | 264,660,276 | 89,220,298
Fully-diluted weighted average shares outstanding | 414,401,939 | 117,915,163 | 264,660,276 | 117,386,965

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