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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
REVENUES $ 18,463,872 $ 22,114,839 $ 55,956,617 $ 60,163,145
COST OF REVENUES (including amortization and depreciation $318,461, $307,235, $895,088, and $887,870, respectively) 15,087,567 18,076,810 45,859,532 48,559,591
GROSS PROFIT 3,376,305 4,038,029 10,097,085 11,603,554
OPERATING EXPENSES        
Sales and Marketing 532,714 625,481 1,709,892 2,066,995
General and Administrative Expenses (including share-based compensation of ($81,043), $68,088, $138,036 and $204,414, respectively) 3,046,148 3,450,767 10,668,368 10,650,697
Product Development 11,342 2,648 219,141 261,031
Depreciation and Amortization 69,935 84,759 212,874 268,956
Total Operating Expenses 3,660,139 4,163,655 12,810,275 13,247,679
LOSS FROM OPERATIONS (283,834) (125,626) (2,713,190) (1,644,125)
OTHER INCOME (EXPENSE)        
Interest Income 1,971 3,012 11,564 10,618
Interest Expense (13,985) (20,910) (36,402) (61,068)
Other (Expense) Income (1,541) 3,779 1,758 11,124
Total Other Income (Expense) (13,555) (14,119) (23,080) (39,326)
LOSS BEFORE INCOME TAX PROVISION (297,389) (139,745) (2,736,270) (1,683,451)
INCOME TAX PROVISION 17,212 8,295 32,723 21,029
NET LOSS $ (314,601) $ (148,040) $ (2,768,993) $ (1,704,480)
BASIC EARNINGS PER SHARE $ (0.00) $ (0.00) $ (0.03) $ (0.02)
BASIC WEIGHTED-AVERAGE SHARES OUTSTANDING 82,946,847 82,730,134 82,878,287 82,673,570
DILUTED EARNINGS PER SHARE $ (0.00) $ (0.00) $ (0.03) $ (0.02)
DILUTED WEIGHTED-AVERAGE SHARES OUTSTANDING 82,946,847 82,730,134 82,878,287 82,673,570