Income Statement

v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue        
Copyright settlement revenue $ 45,848 $ 139,834 $ 184,362 $ 354,160
Consulting revenue 76,666 0 224,998 0
Total revenue 122,514 139,834 409,360 354,160
Operating expenses:        
Copyright holder fees 22,924 69,143 92,181 174,878
Sales and marketing 1,357 337 2,704 2,371
General and administrative 561,028 386,865 1,751,724 1,939,982
Depreciation and amortization 16,284 22,337 51,110 67,643
Total operating expenses 601,593 478,682 1,897,720 2,184,874
Loss from operations (479,079) (338,848) (1,488,360) (1,830,714)
Other expenses:        
Interest expense (779) (17,789) (1,863) (17,789)
Change in fair value of derivative liabilities 99,381 (28,796) 41,324 467,805
Total other income ( expenses) 98,602 (46,585) 39,461 450,016
Net loss $ (380,477) $ (385,433) $ (1,448,899) $ (1,380,698)
Net loss per share - basic and diluted $ (0.00) $ (0.00) $ (0.01) $ (0.01)
Weighted average common shares - basic 157,978,036 123,034,444 140,521,602 118,761,080

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