Professional Diversity Network, Inc. IPDN Income Statement

Professional diversity network, inc. (IPDN)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12
Revenues:
Total revenues
5,025	7,620	16,080	-	-	-	-	-
Membership fees and related services
-	-	-	16,254	24,530	5,932	0	-
Lead generation
-	-	-	6,239	9,499	1,061	0	-
Recruitment services
-	-	-	2,931	3,123	2,920	2,468	4,000
Product sales and other
-	-	-	578	748	237	0	-
Education and training
-	-	-	0	-	-	-	-
Consumer advertising and marketing solutions
-	-	-	222	280	1,491	1,566	2,154
Total revenues
-	-	-	26,227	38,181	11,643	4,034	6,154
Costs and expenses:
Cost of revenues
-	-	-	-	5,576	2,153	1,152	805
Cost of revenues
884	999	2,693	3,082	-	-	-	-
Sales and marketing
2,159	3,654	7,269	13,315	22,501	8,040	2,346	1,482
General and administrative
4,273	6,515	11,612	11,332	15,670	6,392	2,268	1,222
Loss (gain) on litigation settlement, net
-	-	-	1,240	-	-	-	-
Litigation settlement
-	342	155	-	-	-	-	-
Impairment charge
-	8,047	14,611	-	-	-	-	-
Gain on litigation settlement, net
-	-	-	-	0	-	-	-
Goodwill impairment charge
-	-	-	0	27,140	0	-	-
Depreciation and amortization
703	2,599	3,007	3,323	3,650	1,084	281	112
Gain on bargain purchase of business
-	-	-	-	-	429	0	-
Loss on sale of property and equipment
-	-	-	-	-34	0	4	0
Total costs and expenses
8,021	22,159	39,348	29,813	74,573	17,241	6,044	3,623
Loss from continuing operations
-2,996	-14,538	-23,268	-3,586	-36,391	-5,597	-2,010	2,531
Other income (expense)
Interest expense
-	-	12	-	-	-	-	-
Interest expense
-	-	-	1,567	84	3	155	172
Interest and other income
-	-	-	8	-	-	-	-
Interest and other income
8	17	8	-	26	84	25	13
Other income (expense)
18	0	8	-	-	-	-	-
Gain on settlement of debt
-	-	-	148	20	-	-	-
Other finance costs
-	-	-	0	-	-	-	-
Acquisition related costs
-	-	-	-	-	1,195	0	-
Loss on sale of marketable securities
-	-	-	-	-	-	-7	0
Other income (expense), net
26	18	4	-1,410	-38	-1,114	-137	-159
Change in fair value of warrant liability
-	-	-	-401	93	-8	330	0
Loss before income tax benefit
-2,969	-14,520	-23,263	-5,398	-36,335	-6,720	-1,817	2,371
Income tax benefit
-177	-1,353	-1,687	-1,289	1,919	-3,062	-380	0
Loss from continuing operations
-2,792	-13,167	-21,576	-	-	-	-	-
Loss from discontinued operations
-1,052	-1,913	-711	-	-	-	-	-
Net loss
-3,844	-15,081	-22,287	-4,108	-38,255	-3,658	-1,436	2,371
Other comprehensive loss:
Net loss before non-controlling interest
-3,844	-15,081	-	-	-	-	-	-
Foreign currency translation adjustment
68	-53	28	-	-	-	-	-
Foreign currency translation adjustment
-	-	-	0	-	-	-	-
Net loss
-3,844	-15,081	-22,287	-4,108	-	-	-1,436	2,371
Unrealized gains on marketable securities
-	-	-	-	-	-	-	29
Reclassification adjustments for losses on marketable securities included in net income
-	-	-	-	-	-	-7	-2
Comprehensive loss:
-3,775	-15,134	-22,258	-4,108	-	-	-1,428	2,403
Basic and diluted loss per share:
Continuing operations
-0.43	-2.88	-5.50	-	-	-	-	-
Discontinued operations
-0.16	-0.42	-0.18	-	-	-	-	-
Net loss
-0.59	-3.30	-5.68	-1.98	-21.99	-0.46	-0.23	0.65
Weighted average outstanding shares used in computing net loss per common share:
Basic and diluted
6,547	4,578	3,920	2,076	1,739	8,016	6,318	3,693
Historical pre-tax net loss before taxes
-2,969	-14,520	-23,263	-5,398	-	-	-1,817	2,371
Pro-forma tax benefit
-	-	-	-	-	-	-740	979
Pro-forma net loss
-	-	-	-	-	-	-1,076	1,391
Unaudited pro-forma loss per share
-	-	-	-	-	-	-0.17	0.38
Weighted average number of shares outstanding
6,547	4,578	3,920	2,076	-	-	6,318	3,693
Membership Fees and Related Services [Member]
Total revenues
2,428	4,766	9,371	-	-	-	-	-
Recruitment Services [Member]
Total revenues
2,450	2,571	2,578	-	-	-	-	-
Product Sales and Other [Member]
Total revenues
5	19	100	-	-	-	-	-
Education and Training [Member]
Total revenues
-	-	3,776	-	-	-	-	-
Consumer Advertising and Marketing Solutions [Member]
Total revenues
140	262	252	-	-	-	-	-