Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION

v3.7.0.1
SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
SEGMENT INFORMATION

NOTE 7 – SEGMENT INFORMATION.


The Company has two identifiable segments as of March 31, 2017; products and services. The products segment sells merchandise directly to customers thorough e-commerce distributor portals such as Amazon and eBay and through our proprietary websites and retail location. The services segment is focused on producing advertising revenue generated by users “clicking” on website advertisements utilizing several ad network partners and direct advertisers and subscription revenue generated by the sale of access to career postings on one of our websites.


The following information represents segment activity for the three month period ended March 31, 2017.  Comparable information is presented for the respective period in 2016:


 

 

For the three months ended

March 31, 2017

 

 

For the three months ended

March 31, 2016

 

 

 

Products

 

 

Services

 

 

Total

 

 

Products

 

 

Services

 

 

Total

 

Revenues

 

$

551,355

 

 

$

109,743

 

 

$

661,098

 

 

$

347,779

 

 

$

76,636

 

 

$

424,415

 

Website Amortization

 

$

 

 

$

75,806

 

 

$

75,806

 

 

$

 

 

$

62,843

 

 

$

62,843

 

Depreciation

 

$

4,578

 

 

$

911

 

 

$

5,489

 

 

$

2,712

 

 

$

622

 

 

$

3,334

 

Loss from operations

 

$

(461,912

)

 

$

(137,249

)

 

$

(599,161

)

 

$

(413,604

)

 

$

(219,230

)

 

$

(632,834

)

Segment Assets

 

$

1,438,646

 

 

$

1,306,714

 

 

$

2,745,360

 

 

$

1,337,082

 

 

$

871,946

 

 

$

2,209,028

 

Purchase of Assets

 

$

8,035

 

 

$

 

 

$

8,035

 

 

$

 

 

$

125,122

 

 

$

125,122