v3.10.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Net revenue $ 19,004,851 $ 18,271,181 $ 39,508,836 $ 35,487,043
Cost of revenue 6,991,304 7,620,743 15,769,898 15,512,466
Gross profit 12,013,547 10,650,438 23,738,938 19,974,577
Operating expenses        
Marketing costs (traffic acquisition costs or TAC) 8,446,163 7,493,273 16,740,457 13,960,584
Compensation 2,323,654 2,301,696 4,943,169 4,689,407
Selling, general and administrative 1,982,851 2,165,180 4,109,213 4,283,298
Total operating expenses 12,752,668 11,960,149 25,792,839 22,933,289
Operating loss (739,121) (1,309,711) (2,053,901) (2,958,712)
Interest expense, net (94,556) (72,660) (195,445) (115,604)
Loss from continuing operations before taxes (833,677) (1,382,371) (2,249,346) (3,074,316)
Income tax benefit 980 0 8,625 0
Net loss from continuing operations (832,697) (1,382,371) (2,240,721) (3,074,316)
Net loss from discontinued operations 0 0 0 (1,109)
Net loss $ (832,697) $ (1,382,371) $ (2,240,721) $ (3,075,425)
Per common share data: Basic and diluted        
Net loss from continuing operations (in usd per share) $ (0.03) $ (0.05) $ (0.08) $ (0.11)
Net loss from discontinued operations (in usd per share) 0.00 0.00 0.00 0.00
Net loss (in usd per share) $ (0.03) $ (0.05) $ (0.08) $ (0.11)
Weighted average shares        
Basic (in shares) 30,614,207 28,486,809 29,634,023 27,764,613
Diluted (in shares) 30,614,207 28,486,809 29,634,023 27,764,613

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