v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net revenue $ 12,635,583 $ 7,590,187 $ 23,253,392 $ 22,523,170
Cost of revenue 2,264,020 1,070,028 3,708,079 4,509,529
Gross profit 10,371,563 6,520,159 19,545,313 18,013,641
Operating expenses        
Marketing costs (traffic acquisition costs or TAC) 8,213,140 3,857,395 15,518,924 13,480,218
Compensation 2,880,217 2,118,311 5,618,084 4,462,546
Selling, general and administrative 1,676,890 1,781,121 3,401,868 3,839,963
Total operating expenses 12,770,247 7,756,827 24,538,876 21,782,727
Operating loss (2,398,684) (1,236,668) (4,993,563) (3,769,086)
Interest expense, net (7,991) (72,681) (30,380) (225,192)
Other income (expense), net 24,548 (49,939) 494,548 (190,246)
Net loss $ (2,382,127) $ (1,359,288) $ (4,529,395) $ (4,184,524)
Per common share data        
Net loss, basic (in dollars per share) $ (0.02) $ (0.02) $ (0.04) $ (0.07)
Net loss, diluted (in dollars per share) $ (0.02) $ (0.02) $ (0.04) $ (0.07)
Weighted average shares        
Basic (in shares) 116,497,035 66,023,317 116,497,035 59,835,925
Diluted (in shares) 116,497,035 66,023,317 116,497,035 59,835,925

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