Professional Diversity Network (IPDN) 10-K 30 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 28, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Entity Registrant Name	Professional Diversity Network, Inc.
Entity Central Index Key	1,546,296
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		14,608,230
Entity Public Float			$ 9,886,395
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 2,070,693	$ 1,519,467
Accounts receivable, net	2,510,530	3,448,748
Short-term investments	500,000	5,198,878
Incremental direct costs	1,023,916	900,868
Prepaid license fee	112,500	337,500
Prepaid expenses and other current assets	$ 411,592	381,057
Deferred tax asset
Total current assets	$ 6,629,231	11,844,718
Property and equipment, net	444,398	874,769
Capitalized technology, net	456,523	526,070
Goodwill	20,201,190	45,180,531
Intangible assets, net	12,051,839	14,934,225
Merchant reserve	1,260,849	860,849
Security deposits	383,786	371,310
Total assets	41,427,816	74,592,472
Current Liabilities:
Accounts payable	4,465,941	4,941,135
Accrued expenses	837,712	549,727
Deferred revenue	7,507,176	10,078,938
Customer deposits	112,500	337,500
Notes payable		1,389,386
Promissory note	$ 445,000	437,186
Warrant liability		93,789
Capital lease obligations		15,232
Total current liabilities	$ 13,368,329	17,842,893
Deferred rent	45,155	25,946
Deferred tax liability	4,942,908	$ 3,081,611
Other liabilities	426,267
Total liabilities	$ 18,782,659	$ 20,950,450
Commitments and contingencies
Stockholders' Equity
Common stock, $0.01 par value, 25,000,000 shares authorized, 14,608,230 shares and 12,928,072 shares issued as of December 31, 2015 and 2014, respectively, and 14,466,513 and 12,719,689 shares outstanding as of December 31, 2015 and 2014, respectively	$ 144,749	$ 127,280
Additional paid in capital	63,427,542	58,646,322
Accumulated deficit	(40,890,017)	(5,094,463)
Treasury stock, at cost; 8,382 shares at December 31, 2015 and 2014	(37,117)	(37,117)
Total stockholders' equity	22,645,157	53,642,022
Total liabilities and stockholders' equity	$ 41,427,816	$ 74,592,472

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parathetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
CONSOLIDATED BALANCE SHEETS [Abstract]
Common stock, par value per share	$ 0.01	$ 0.01
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	14,608,230	12,928,072
Common stock, shares outstanding	14,466,513	12,719,689
Treasury stock, shares	8,382	8,382

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Membership fees and related services	$ 24,962,795	$ 5,932,138
Lead generation	9,499,203	1,061,041
Recruitment services	3,123,537	2,920,791
Product sales and other	748,648	237,818
Consumer advertising and consumer marketing solutions	280,043	1,491,943
Total revenues	38,614,226	11,643,731
Costs and expenses:
Cost of revenues	5,576,184	2,153,900
Sales and marketing	22,501,594	8,040,797
General and administrative	15,670,331	$ 6,392,109
Impairment expense	25,113,034
Depreciation and amortization	$ 3,650,747	$ 1,084,451
Gain on bargain purchase of business		$ (429,956)
Loss on sale of property and equipment	$ 34,147
Total costs and expenses	72,546,037	$ 17,241,301
Loss from operations	(33,931,811)	(5,597,570)
Other income (expense):
Interest expense	(84,728)	(3,370)
Interest and other income	$ 46,693	84,519
Acquisition related costs		(1,195,195)
Other expense, net	$ (38,035)	(1,114,046)
Change in fair value of warrant liability	93,789	(8,568)
Loss before income tax expense (benefit)	(33,876,057)	(6,720,184)
Income tax expense (benefit)	1,919,497	(3,062,108)
Net loss	$ (35,795,554)	$ (3,658,076)
Net loss per common share, basic and diluted	$ (2.57)	$ (0.46)
Weighted average shares used in computing net loss per common share:
Basic and diluted	13,918,594	8,016,074

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)	Total	Common Stock [Member]	Additional Paid In Capital [Member]	Accumulated Deficit [Member]	Treasury Stock [Member]
Balance at Dec. 31, 2013	$ 20,499,133	$ 63,182	$ 21,883,593	$ (1,436,387)	$ (11,255)
Balance, shares at Dec. 31, 2013		6,318,227			2,200
Issuance of common stock in connection with acquisition of NAPW, Inc.	35,272,033	$ 63,098	35,208,935
Issuance of common stock in connection with acquisition of NAPW, Inc., shares		6,309,845
Fair value of options issued in connection with acquisition of NAPW	556,496		556,496
Fair value of warrants issued in connection with acquisition of NAPW	294,342		294,342
Fair value of warrants issued to financial advisor in connection with acquisition of NAPW	138,768		$ 138,768
Repurchase of common stock	(25,862)				$ (25,862)
Repurchase of common stock, shares					6,182
Stock-based compensation	565,188	$ 1,000	$ 564,188
Stock-based compensation, shares		99,999
Net loss	(3,658,076)			$ (3,658,076)
Balance at Dec. 31, 2014	53,642,022	$ 127,280	$ 58,646,322	$ (5,094,463)	$ (37,117)
Balance, shares at Dec. 31, 2014		12,728,071			8,382
Sale of common stock in secondary offering, net of offering costs of $655,106	4,354,894	$ 16,700	4,338,194
Sale of common stock in secondary offering, net of offering costs of $655,106, shares		1,670,000
Sale of over-allotment common stock to underwriter, net of underwriter's discount of $15,771	209,529	$ 751	208,778
Sale of over-allotment common stock to underwriter, net of underwriter's discount of $15,771, shares		75,100
Repurchase of common stock	(211,841)	$ (649)	(211,192)
Repurchase of common stock, shares		(64,942)
Stock-based compensation	446,107	$ 667	445,440
Stock-based compensation, shares		66,666
Net loss	(35,795,554)			$ (35,795,554)
Balance at Dec. 31, 2015	$ 22,645,157	$ 144,749	$ 63,427,542	$ (40,890,017)	$ (37,117)
Balance, shares at Dec. 31, 2015		14,474,895			8,382

CONSOLIDATED STATEMENT OF STOC6

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical)	12 Months Ended
	Dec. 31, 2015USD ($)
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY [Abstract]
Common stock offering costs	$ 655,106
Underwriter's discount	$ 15,771

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net loss	$ (35,795,554)	$ (3,658,076)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	3,650,747	1,084,451
Deferred tax expense (benefit)	$ 1,919,497	(3,062,108)
Gain on bargain purchase of business		$ (429,956)
Impairment expense	$ 25,113,034
Stock-based compensation expense	$ 446,107	$ 565,188
Fair value of warrants issued to advisor in connection with acquisition		138,768
Amortization of prepaid license fees	$ 225,000	112,500
Amortization of premium on short-term investments, net	76,878	86,655
Amortization of customer deposits	(225,000)	(112,500)
Change in fair value of warrant liability	(93,789)	$ 8,568
Loss on sale of property and equipment	34,147
Provision for bad debt	70,000
Write off of property and equipment	191,946
Write off of note payable	(20,161)
Accretion of debt discount	7,814	$ 2,604
Changes in operating assets and liabilities:
Accounts receivable	835,937	371,277
Prepaid expenses and other current assets	(30,535)	38,968
Incremental direct costs	$ (123,048)	30,258
Prepaid license fee		(450,000)
Accounts payable	$ (475,194)	(2,547,059)
Accrued expenses	154,292	(1,629,998)
Deferred income	(2,571,762)	174,518
Deferred rent	$ 19,209	25,946
Customer deposits		$ 450,000
Other liabilities	$ 426,267
Other assets		$ 10,000
Net cash used in operating activities	$ (6,164,168)	(8,789,996)
Cash flows from investing activities:
Proceeds from maturities of short-term investments	5,547,000	10,240,000
Purchases of short-term investments	$ (925,000)	(15,525,533)
Cash paid for acquisition, net of cash acquired		(3,110,646)
Costs incurred to develop technology	$ (419,359)	(180,314)
Purchases of property and equipment	(84,237)	$ (37,850)
Proceeds from sale of property and equipment	9,060
Security deposits	(12,476)
Net cash provided by (used in) investing activities	4,114,988	$ (8,614,343)
Cash flows from financing activities:
Proceeds from the sale of common stock	5,235,300
Payment of offering costs	(670,877)
Repayment of note payable	(1,336,944)
Merchant reserve	(400,000)	$ 667,709
Shares repurchased on vesting of restricted stock	(211,841)
Payments of capital leases	$ (15,232)	$ (7,165)
Repurchase of common stock		(25,862)
Merchant cash advances		(447,371)
Net cash provided by financing activities	$ 2,600,406	187,311
Net increase (decrease) in cash and cash equivalents	551,226	(17,217,028)
Cash and cash equivalents, beginning of year	1,519,467	18,736,495
Cash and cash equivalents, end of period	$ 2,070,693	$ 1,519,467
Supplemental disclosures of other cash flow information:
Cash paid for income taxes
Cash paid for interest
Non-cash disclosures:
Working capital adjustment to note payable	$ 32,281
Increase in goodwill resulting from NAPW legal settlement	$ 133,693
Common stock issued in connection with acquisition of NAPW		$ 35,272,033
Fair value of options issued in connection with acquisition of NAPW		556,496
Fair value of warrants issued in connection with acquisition of NAPW		294,342
Promissory note issued in connection with acquisition of Global Outreach		$ 1,389,386

Description of Business

Description of Business	12 Months Ended
	Dec. 31, 2015
Description of Business [Abstract]
Description of Business	1. Description of Business Professional Diversity Network, Inc. is both the operator of the Professional Diversity Network (the “Company,” “we,” “our,” “us,” “PDN Network,” “PDN” or the “Professional Diversity Network”) and a holding company for NAPW, Inc., a wholly-owned subsidiary of the Company and the operator of the National Association of Professional Women (the “NAPW Network” or “NAPW”), as well as Noble Voice LLC and Compliant Lead LLC (collectively, “Noble Voice”), each of which is a wholly-owned subsidiary of the Company and together provide career consultation services. The Company is a corporation organized under the laws of Delaware, originally formed as IH Acquisition, LLC under the laws of the State of Illinois on October 3, 2003. The PDN Network operates online professional networking communities with career resources specifically tailored to the needs of different diverse cultural groups including: Women, Hispanic-Americans, African-Americans, Asian-Americans, Disabled, Military Professionals, Lesbians, Gay, Bisexual and Transgender (LGBT), and Students and Graduates seeking to transition from education to career. The networks' purposes, among others, are to assist its registered users in their efforts to connect with like-minded individuals, identify career opportunities within the network and connect with prospective employers. The Company's technology platform is integral to the operation of its business. The NAPW Network is an exclusive women-only professional networking organization, whereby its members can develop their professional networks, further their education and skills, and promote their business and career accomplishments. NAPW provides its members with opportunities to network and develop valuable business relationships with other professionals though its website, as well as at events hosted at its local chapters across the country. The Noble Voice division typically conducts over 25,000 career consultations per week. Noble Voice monetizes these consultations by using proprietary technology to drive inexpensive online traffic to our offline call center and generating value-added leads for the Company's strategic partners who provide continuing education and career services.

Liquidity, Financial Condition

Liquidity, Financial Condition and Management's Plans	12 Months Ended
	Dec. 31, 2015
Liquidity, Financial Condition and Management's Plans [Abstract]
Liquidity, Financial Condition and Management's Plans	2. Liqu idity, Financial Condition and Management's Plans In April and May 2015, the Company sold an aggregate of 1,745,100 3.00 5,235,300 4,564,400 The Company is closely monitoring and controlling operating costs and capital requirements and has developed an operating plan for 2016. The Company is also leveraging the benefits of the combined operations and has actively begun eliminating duplicative costs across the organization. The Company has also developed new products that leverage the operating strengths of the three distinct business units and anticipates positive market acceptance. The Company's continuing efforts to reduce cash outflows and monitor costs is reflected in the improved cash used in operating activities for the year ended December 31, 2015 of $ 6,164,000 8,790,000

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	3. Summary of Significant Accounting Policies Basis of Presentation - The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Use of Estimates - The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amount of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the consolidated financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from estimates. Significant estimates underlying the financial statements include the fair value of acquired assets and liabilities associated with acquisitions; assessment of goodwill, other intangible assets and long-lived assets for impairment; allowances for doubtful accounts and assumptions related to the valuation of stock-based compensation. Principles of Consolidation - The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Cash and Cash Equivalents - The Company considers cash and cash equivalents to include all short-term, highly liquid investments that are readily convertible to known amounts of cash and have original maturities of three months or less. Short-Term Investments - All highly liquid investments that have an original maturity of greater than 90 days but less than one year at the date of purchase are classified as short-term investments. The Company classifies short-term investments as held to maturity and carries them at amortized cost if the Company has the positive intent and ability to hold the securities to maturity. December 31, 2015 Amortized cost Gross unrealized gains Gross unrealized losses Estimated fair value Certificates of deposit $ 500,000 $ 483 $ - $ 500,483 $ 500,000 $ 483 $ - $ 500,483 December 31, 2014 Amortized cost Gross unrealized gains Gross unrealized losses Estimated fair value Certificates of deposit $ 1,099,775 $ 1,168 $ - $ 1,100,943 Municipal bonds 536,046 - (6,572 ) 529,474 Corporate fixed income bonds 3,563,057 808,948 - 4,372,005 $ 5,198,878 $ 810,116 $ (6,572 ) $ 6,002,422 Accounts Receivable - Accounts receivable represent receivables generated from fees earned from customers and advertising revenue. The Company's policy is to reserve for uncollectible accounts based on its best estimate of the amount of probable credit losses in its existing accounts receivable. The Company periodically reviews its accounts receivable to determine whether an allowance for doubtful accounts is necessary based on an analysis of past due accounts and other factors that may indicate that the realization of an account may be in doubt. Account balances deemed to be uncollectible are charged to the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. As of December 31, 2015 and 2014, the allowance for doubtful accounts amounted to $ 95,000 25,000 Incremental Direct Costs - Incremental direct costs incurred in connection with enrolling members in the NAPW Network consist of sales commissions paid to the Company's direct sales agents. The commissions are deferred and amortized over the term of membership, which is a 12 month period. Amortization of deferred commissions is included in sales and marketing expense in the accompanying consolidated statements of comprehensive loss. Amortization expense amounted to $ 2,252,000 540,000 Property and Equipment - Property and equipment is stated at cost, including any cost to place the property into service, less accumulated depreciation. Depreciation is recorded on a straight-line basis over the estimated useful lives of the assets which currently range from 3 5 Capitalized Technology Costs - In accordance with Accounting Standards Codification (“ASC”) 350-40, Internal-Use Software, the Company capitalizes certain external and internal computer software costs incurred during the application development stage. The application development stage generally includes software design and configuration, coding, testing and installation activities. Training and maintenance costs are expensed as incurred, while upgrades and enhancements are capitalized if it is probable that such expenditures will result in additional functionality. Capitalized software costs are amortized over the estimated useful lives of the software assets on a straight-line basis, generally not exceeding three years. Business Combinations - ASC 805, Business Combinations (“ASC 805”), applies the acquisition method of accounting for business combinations to all acquisitions where the acquirer gains a controlling interest, regardless of whether consideration was exchanged. ASC 805 establishes principles and requirements for how the acquirer: a) recognizes and measures in its financial statements the identifiable assets acquired, the liabilities assumed, and any non-controlling interest in the acquiree; b) recognizes and measures the goodwill acquired in the business combination or a gain from a bargain purchase; and c) determines what information to disclose to enable users of the financial statements to evaluate the nature and financial effects of the business combination. Accounting for acquisitions requires the Company to recognize, separately from goodwill, the assets acquired and the liabilities assumed at their acquisition-date fair values. Goodwill as of the acquisition date is measured as the excess of consideration transferred and the net of the acquisition-date fair values of the assets acquired and the liabilities assumed. While the Company uses its best estimates and assumptions to accurately value assets acquired and liabilities assumed at the acquisition date, the estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one Goodwill and Intangible Assets - The Company accounts for goodwill and intangible assets in accordance with ASC 350, Intangibles – Goodwill and Other (“ASC 350”). ASC 350 requires that goodwill and other intangibles with indefinite lives should be tested for impairment annually or on an interim basis if events or circumstances indicate that the fair value of an asset has decreased below its carrying value. Goodwill is tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis (December 31 for the Company) and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. The Company considers its market capitalization and the carrying value of its assets and liabilities, including goodwill, when performing its goodwill impairment test. When conducting its annual goodwill impairment assessment, the Company initially performs a qualitative evaluation of whether it is more likely than not that goodwill is impaired. If it is determined by a qualitative evaluation that it is more likely than not that goodwill is impaired, the Company then applies a two-step impairment test. The two-step impairment test first compares the fair value of the Company's reporting unit to its carrying or book value. If the fair value of the reporting unit exceeds its carrying value, goodwill is not impaired and the Company is not required to perform further testing. If the carrying value of the reporting unit exceeds its fair value, the Company determines the implied fair value of the reporting unit's goodwill and if the carrying value of the reporting unit's goodwill exceeds its implied fair value, then an impairment loss equal to the difference is recorded in the consolidated statements of operations. As a result of the recurring operating losses incurred in NAPW since its acquisition in September 2014, and the recurring losses in the PDN Network, the Company undertook a review of the carrying amount of its goodwill. The Company performed its review based on both qualitative and quantitative factors and determined that carrying value of NAPW's and PDN's goodwill exceeding its implied fair value. Accordingly, the Company recorded a goodwill impairment charge of $ 25,113,000 Deferred Revenue - Deferred revenue includes customer deposits received prior to performing services which are recognized as revenue when revenue recognition criteria are met. Treasury Stock – Treasury stock is recorded at cost as a reduction of stockholders' equity in the accompanying consolidated balance sheets. Revenue Recognition – Revenue is recognized when all of the following conditions exist: (1) persuasive evidence of an arrangement exists, (2) services are performed, (3) the sales price is fixed or determinable, and (4) collectability is reasonably assured. Membership Fees and Related Services Membership fees are collected up-front and member benefits become available immediately; however those benefits must remain available over the 12 12 Revenue from related membership services are derived from fees for development and set-up of a member's personal on-line profile and/or press release announcements. Fees related to these services are recognized as revenue at the time the on-line profile is complete and press release is distributed. Lead Generation The Company derives lead generation revenues pursuant to arrangements with for-profit educational centers. Under these arrangements, the Company matches educational centers with potential candidates, pursuant to specific parameters defined in each arrangement. The Company invoices the educational centers on a monthly basis based upon the number of leads provided. Revenues related to lead generation are recognized at the time the educational centers are invoiced. Recruitment Services Product Sales and Other Products offered to members relate to custom made plaques and an annual registry book. Product sales are recognized as liabilities under deferred revenue at the time the initial order is placed. Revenue is then recognized at the time these products are shipped. The Company's shipping and handling costs are included in cost of sales in the accompanying condensed consolidated statements of comprehensive loss. Consumer Advertising and Marketing Solutions Advertising and Marketing Expenses - Advertising and marketing expenses are expensed as incurred or the first time the advertising takes place. The production costs of advertising are expensed the first time the advertising takes place. For the years ended December 31, 2015 and 2014, the Company incurred advertising and marketing expenses of approximately $ 6,129,000 2,215,000 0 53,000 Concentrations of Credit Risk - Financial instruments, which potentially subject the Company to concentration of credit risk, consist principally of cash and cash equivalents and accounts receivable. The Company places its cash with high credit quality institutions. At times, such amounts may be in excess of the FDIC insurance limits. The Company has not experienced any losses in such accounts and believes that it is not exposed to any significant credit risk on the account. Income Taxes - ASC 740 clarifies the accounting for uncertainty in income taxes recognized in an enterprise's financial statements in accordance with ASC 740-20 and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of December 31, 2015. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company may be subject to potential income tax examinations by federal or state authorities. These potential examinations may include questioning the timing and amount of deductions, the nexus of income among various tax jurisdictions and compliance with federal and state tax laws. Management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months. The Company's policy for recording interest and penalties associated with audits is to record such expense as a component of income tax expense. There were no amounts accrued for penalties or interest as of December 31, 2015. Fair Value of Financial Assets and Liabilities - Financial instruments, including cash and cash equivalents, short-term investments, accounts payable and accrued liabilities, are carried at historical cost. Management believes that the recorded amounts approximate fair value due to the short-term nature of these instruments. The Company measures the fair value of financial assets and liabilities based on the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The Company maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. The Company uses three levels of inputs that may be used to measure fair value: Level 1 — quoted prices in active markets for identical assets or liabilities Level 2 — quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 — inputs that are unobservable (for example cash flow modeling inputs based on assumptions) The following table presents a summary of fair value measurements for certain financial instruments measured at fair value on a recurring basis: December 31, Financial Instrument Level 2015 2014 Warrant liability 3 $ - $ 93,789 Level 3 liabilities are valued using unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the derivative liabilities. For fair value measurements categorized within Level 3 of the fair value hierarchy, the Company's accounting and finance department, who report to the Chief Financial Officer, determine its valuation policies and procedures. The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company's accounting and finance department and are approved by the Chief Financial Officer. Level 3 Valuation Techniques: Level 3 financial liabilities consist of warrant liabilities for which there is no current market for these securities such that the determination of fair value requires significant judgment or estimation. Changes in fair value measurements categorized within Level 3 of the fair value hierarchy are analyzed each period based on changes in estimates or assumptions and recorded as appropriate. The Company uses the Black-Scholes option pricing model to value Level 3 financial liabilities at inception and on subsequent valuation dates. This model incorporates transaction details such as the Company's stock price, contractual terms, maturity, and risk free rates, as well as volatility. A significant decrease in the volatility or a significant decrease in the Company's stock price, in isolation, would result in a significantly lower fair value measurement. Changes in the values of the derivative liabilities are recorded in “change in fair value of warrant liability” in the Company's consolidated statements of comprehensive loss. As of December 31, 2015 and 2014, there were no The warrant liability was valued using the Black-Scholes option pricing model and the following assumptions on the following dates: December 31, 2015 2014 Strike price $ 10.00 $ 10.00 Market price $ 0.50 $ 4.87 Expected life 3.17 4.17 Risk-free interest rate 1.62 % 1.62 % Dividend yield 0.00 % 0.00 % Volatility 36 % 42 % Warrants outstanding 131,250 131,250 Fair value of warrants $ - $ 93,789 The Company decreased the warrant liability by $ 93,789 Balance – January 1, 2015 $ (93,789 ) Decrease in net value of warrant liability 93,789 Balance –December 31, 2015 $ - Net Loss per Share - The Company computes basic net loss per share by dividing net loss per share available to common stockholders by the weighted average number of common shares outstanding for the period and excludes the effects of any potentially dilutive securities. Diluted earnings per share, if presented, would include the dilution that would occur upon the exercise or conversion of all potentially dilutive securities into common stock using the “treasury stock” and/or “if converted” methods as applicable. The computation of basic net loss per share for the years ended December 31, 2015 and 2014 excludes the potentially dilutive securities summarized in the table below because their inclusion would be anti-dilutive. 2015 2014 Warrants to purchase common stock 362,500 362,500 Stock options 157,190 346,000 Unvested restricted stock 44,445 200,001 564,135 908,501 Recent Accounting Pronouncements - Recent Accounting Pronouncements - In February 2016, the FASB issued new lease accounting guidance ASU No. 2016-02, “ Leases” (“ASU 2016-02”) . a right-of-use asset, which is an asset that represents the lessee's right to use, or control the use of, a specified asset for the lease term. The new guidance is not applicable for leases with a term of 12 months or less. Lessor accounting is largely unchanged. Public business entities should apply the amendments in In November 2015, the FASB issued ASU No. 2015-17, “ Balance Sheet Classification of Deferred Taxes In September 2015, the FASB issued ASU 2015-16, “Business Combinations – Simplifying the Accounting for Measurement-Period Adjustments” (“ASU 2015-16”), which eliminates the current guidance that requires an acquirer in a business combination to account for measurement-period adjustments retrospectively as if the accounting for the business combination had been completed at the acquisition date. Instead, under the new guidance, an acquirer recognizes measurement-period adjustments in the period in which it determines the amount of the adjustment, including the effect on earnings of any amounts that would have been recorded in previous periods if the accounting had been completed at the acquisition date. ASU 2015-16 does not change the criteria for determining whether an adjustment qualifies as a measurement-period adjustment or change the length of the measurement period, which cannot exceed one year from the date of the acquisition. The guidance is effective for annual and interim periods beginning after December 15, 2015, and the guidance is applied prospectively to adjustments to provisional amounts that occur after the adoption date. As permitted, the Company has elected to early adopt this guidance as of December 31, 2015. The adoption of this guidance did not have any impact of the Company's consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, “Interest - Imputation of Interest” (“ASU 2015-03”). ASU 2015-03 simplifies the presentation of debt issuance costs by requiring that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts or premiums. The recognition and measurement guidance for debt issuance costs would not be affected by the amendments of ASU 2015-03. In August 2015, ASU 2015-03 was amended by ASU No. 2015-15, “Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements” (ASU 2015-15). ASU 2015-15 adds language to ASU 2015-03 based on the SEC Staff Announcement that the SEC would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. For public business entities, ASU 2015-03, as amended by ASU 2015-15, is effective for financial statements issued for fiscal years beginning after December 31, 2015, and interim periods within those fiscal years. For all other entities, ASU 2015-03 is effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within fiscal years beginning after December 15, 2016. Early adoption is permitted for financial statements that have not been previously issued. The Company has early adopted ASU 2015-03 for the year ended December 31, 2015. In June 2014, the FASB issued ASU No. 2014-12, “Compensation - Stock Compensation” (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could be Achieved after the Requisite Service Period (“ASU 2014-12”). ASU 2014-12 affects entities that grant their employees share-based payments in which terms of the award provide that a performance target that affects vesting could be achieved after the requisite service period. The amendments in ASU 2014-12 require that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. ASU 2014-12 is effective for fiscal years beginning after December 15, 2015. Early adoption is permitted. The adoption of this guidance is not expected to have any impact of the Company's consolidated financial statements. In May 2014, the Financial Accounting Standard Board (the “FASB”) issued ASU No. 2014-09, “Revenue from Contracts with Customers” (“ASU 2014-09”). ASU 2014-09 provides guidance for revenue recognition and affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets and supersedes the revenue recognition requirements in Topic 605, “Revenue Recognition,” and most industry-specific guidance. The core principle of ASU 2014-09 is the recognition of revenue when a company transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled to in exchange for those goods or services. ASU 2014-09 defines a five-step process to achieve this core principle and, in doing so, companies will need to use more judgment and make more estimates than under the current guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. ASU 2014-09 was initially effective for fiscal years beginning after December 15, 2016 and interim periods therein, using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standard in each prior reporting period with the option to elect certain practical expedients, or (ii) a retrospective approach with the cumulative effect of initially adopting ASU 2014-09 recognized at the date of adoption (which includes additional footnote disclosures). Early adoption is not permitted. The Company is currently evaluating the method and impact the adoption of ASU 2014-09 will have on the Company's consolidated financial statements and disclosures. In July 2015, the FASB deferred the effective date of ASU 2014-09 for one year, and proposed some modifications to the original provisions

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2015
Noble Voice and NAPW [Member]
Business Acquisition [Line Items]
Acquisitions	4. Acquisitions Acquisition of Noble Voice On November 26, 2014, the Company entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Global Outreach Ventures, Inc. (“Global Outreach”), Eric Bull (“Mr. Bull”), Terri Gladwell (“Ms. Gladwell”) and Sergio Zlobin (“Mr. Zlobin,” and together with Mr. Bull and Ms. Gladwell, the “Stockholders”), pursuant to which the Company acquired all of the issued and outstanding membership interests of Global Outreach's wholly-owned subsidiaries, Noble Voice LLC (“Old Noble Voice”) and Compliant Lead LLC (“Compliant” and, together with Old Noble Voice, “Noble Voice”) for an aggregate purchase price of 1,389,386 consisting of a promissory note (see Note 9). The acquisition of Noble Voice was accounted for under the acquisition method of accounting. Accordingly, the acquired assets and assumed liabilities were recorded at their estimated fair values, and operating results for Noble Voice are included in the consolidated financial statements from the effective date of acquisition of November 26, 2014. Accounting standards require that when the fair value of the net assets acquired exceeds the purchase price, resulting in a bargain purchase of a business, the acquirer must reassess the reasonableness of the values assigned to all of the net assets acquired, liabilities assumed and consideration transferred. The Company performed such a reassessment and concluded that the values assigned for the Noble Voice acquisition result in a fair measurement of the purchase price allocation for financial statement recognition purposes. Consequently, the Company recognized a gain on bargain purchase in the amount of 429,956 arising from the acquisition of Noble Voice, which has been recorded in the accompanying consolidated statement of comprehensive loss during the year ended December 31, 2014. The gain on bargain purchase was primarily the result of restricted stock considerations payable to the former owners, which was excluded from the purchase price, as the payment was contingent on future employment. There was no goodwill as a result of the acquisition. The allocation of the purchase price is summarized as follows: Promissory note issued $ 1,389,386 Allocated to: Cash and cash equivalents 439,156 Accounts receivable 2,248,537 Prepaid expenses and other current assets 23,026 Property and equipment 13,040 Security deposits 16,476 Accounts payable (1,111,669 ) Accrued expenses (186,638 ) Deferred tax liability (272,586 ) Net assets acquired 1,169,342 Excess of purchase price over net tangible assets acquired before allocation to identifiable intangible assets and gain on bargain purchase of business $ 220,044 Because this acquisition was a stock purchase for tax purposes, the Company did not obtain a stepped-up tax basis in Noble Voice's assets. A deferred tax liability of $ 272,586 was established as part of the acquisition accounting to reflect the income tax effect of the acquisition date difference between the carryover income tax and fair value financial reporting bases of the tangible and intangible assets acquired and liabilities assumed. The deferred tax liability was calculated using a 38.8 effective tax rate. Management made the initial determination that the fair values of the assets acquired and liabilities assumed which are principally short term, are approximately equal to their cost bases. Management has made a determination that approximately 650,000 of the excess of the purchase price over the net assets acquired should be allocated to the following identifiable intangible assets. Amount Estimated Useful Life (Years) Developed Technology $ 330,000 3 Customer Relationships 280,000 5 Trade Name/Trademarks 40,000 4 Amortizable Intangible Assets 650,000 Gain on Bargain Purchase of Business (429,956 ) $ 220,044 The Company incurred legal and other costs related to the transaction of approximately $ 137,948 Total revenues and income from continuing operations since the date of the acquisition of Noble Voice, included in the consolidated statements of comprehensive loss for the year ended December 31, 2014, are $ 1,061,041 428,895 Acquisition of NAPW On September 24, 2014 (the “Closing Date”), NAPW, Inc., operator of the National Association of Professional Women, became part of the Company upon the closing of the Company's merger transaction with NAPW Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of the Company (“Merger Sub”), NAPW, Inc., a New York corporation (“Old NAPW”), and Matthew B. Proman, the sole shareholder of Old NAPW (“Mr. Proman”), pursuant to an Agreement and Plan of Merger, dated as of July 11, 2014 (the “Merger Agreement”). In accordance with the terms of the Merger Agreement, on the Closing Date, Old NAPW merged with and into Merger Sub (the “Merger”). As a result of the Merger, the separate corporate existence of Old NAPW ceased and Merger Sub continues as the surviving corporation, a wholly-owned subsidiary of the Company and was renamed “NAPW, Inc.” Pursuant to the Merger Agreement, the Company acquired all issued and outstanding shares of Old NAPW's common stock for an aggregate purchase price consisting of (i) 5,110,975 959,096 239,774 3,555,000 445,000 183,000 3.45 50,000 the Company's Common Stock at a price of $ 4.00 131,250 10.00 In connection with the Merger, the Company paid Aegis Capital Corp. (“Aegis”), financial advisor to the Company, a fee of $ 100,000 374,000 50,000 4.00 The acquisition was accounted for under the acquisition method of accounting, whereby the Company was treated as the acquirer and NAPW was treated as the acquired company. This determination was primarily based on the Company's majority representation on the Board of Directors, the Company comprising key management positions of the Company, and the fact that the Company paid a premium for the equity interests in NAPW. Accordingly, the acquired assets and assumed liabilities of NAPW were recorded at their estimated fair values, and operating results for NAPW are included in the consolidated financial statements from the effective date of acquisition of September 24, 2014. The allocation of the purchase price is summarized as follows: Fair value of common stock issued (6,309,845 $ 35,272,033 Cash paid 3,555,000 Promissory note issued 434,582 Stock options issued (183,000 556,496 Common stock purchase warrants issued (181,250 294,342 Total consideration 40,112,453 Allocated to: Cash and cash equivalents $ 5,198 Accounts receivable 353,377 Incremental direct costs 931,126 Prepaid expenses and other current assets 297,904 Property and equipment 795,618 Security deposits 342,190 Merchant reserve 1,528,558 Other assets 159,412 Accounts payable (6,153,564 ) Accrued expenses (1,954,036 ) Deferred revenue (8,880,000 ) Deferred tax liability (6,193,765 ) Merchant cash advances (447,371 ) Capital lease obligations (22,397 ) Net liabilities assumed (19,237,750 ) Excess of purchase price over net liabilities assumed before allocation to identifiable intangible assets and goodwill $ 59,350,203 The fair value of deferred revenue was determined to be $ 8,880,000 6,193,765 40.6 14,905,000 Amount Estimated Useful Life (Years) Sales Process $ 3,970,000 10 Paid Member Relationships 890,000 5 Member Lists 8,957,000 5 Developed Technology 648,000 3 Trade Name/Trademarks 440,000 4 Amortizable Intangible Assets 14,905,000 Goodwill 44,445,203 $ 59,350,203 Goodwill arising from the acquisition mainly consists of the synergies of enhanced recruitment solutions for the Company's diverse client base. The Company's goodwill is not deductible for tax purposes. Goodwill and intangible assets are subject to a test for impairment on an annual basis. The Company incurred legal and other costs related to the transaction of approximately $ 1,057,247 Total revenues and loss from continuing operations since the date of the acquisition of NAPW, included in the consolidated statements of comprehensive loss for the year ended December 31, 2014, are $ 6,169,956 2,417,068 During the year ended December 31, 2015, Old NAPW settled a legal case that existed prior to the Merger (see Note 11). As a result of the settlement, the Company recorded an increase in goodwill of $ 133,693 On July 16, 2015, the Company and Mr. Proman entered into a Separation Agreement and Mutual Release of All Claims (the “Separation Agreement”) (see Note 11). The following unaudited consolidated pro forma information gives effect to the acquisitions of Noble Voice and NAPW as if these transactions had occurred on January 1, 2014. The following pro forma information is presented for illustration purposes only and is not necessarily indicative of the results that would have been attained had the acquisitions been completed on January 1, 2014, nor are they indicative of results that may occur in any future periods. Pro forma information is not presented for the year ended December 31, 2015, as the Company's results of operations include the consolidated results for the full period. Year Ended December 31, 2014 Revenues $ 42,793,803 Net loss $ (4,628,737 ) Net loss per share: Basic and diluted $ (0.36 ) Weighted average shares outstanding: Basic and diluted 12,788,663

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2015
Property and Equipment [Abstract]
Property and Equipment	5. Property and Equipment Property and Equipment is as follows: December 31, 2015 2014 Computer hardware $ 371,893 $ 370,442 Furniture and fixtures 227,828 311,487 Leasehold improvements 147,016 281,638 746,737 963,567 Less: Accumulated depreciation (302,339 ) (88,798 ) $ 444,398 $ 874,769 In connection with the closing of NAPW's office in Los Angeles, California (see Note11), the Company wrote off the remaining net book value of its furniture and fixtures and leasehold improvements as of December 31, 2015 in the amount of $ 191,946 Depreciation expense for the years ended December 31, 2015 and 2014 was $ 279,455 26,520

Capitalized Technology

Capitalized Technology	12 Months Ended
	Dec. 31, 2015
Capitalized Technology [Abstract]
Capitalized Technology	6. Capitalized Technology Capitalized Technology, net is as follows: December 31, 2015 2014 Capitalized cost: Balance, beginning of period $ 1,469,413 $ 1,289,099 Additional capitalized cost 419,359 180,314 Balance, end of period $ 1,888,772 $ 1,469,413 Accumulated amortization: Balance, beginning of period $ 943,343 $ 596,588 Provision for amortization 488,906 346,755 Balance, end of period $ 1,432,249 $ 943,343 Capitalized Technology, net $ 456,523 $ 526,070 Amortization expense of $ 488,906 346,755

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2015
Intangible Assets [Abstract]
Intangible Assets	7. Intangible assets, net is as follows: December 31, 2015 Useful Lives (Years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Long-lived intangible assets: Sales Process 10 $ 3,970,000 $ (501,764 ) $ 3,468,236 Paid Member Relationships 5 890,000 (224,972 ) 665,028 Member Lists 5 8,957,000 (2,264,131 ) 6,692,869 Developed Technology 3 978,000 (392,167 ) 585,833 Trade Name/Trademarks 4 480,000 (149,860 ) 330,140 Customer Relationships 5 280,000 (60,667 ) 219,333 15,555,000 (3,593,561 ) 11,961,439 Indefinite-lived intangible assets: Trade Name 90,400 Intangible assets, net $ 12,051,839 December 31, 2014 Useful Lives (Years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Long-lived intangible assets: Sales Process 10 $ 3,970,000 $ (90,778 ) $ 3,879,222 Paid Member Relationships 5 890,000 (46,972 ) 843,028 Member Lists 5 8,957,000 (472,731 ) 8,484,269 Developed Technology 3 978,000 (66,167 ) 911,833 Trade Name/Trademarks 4 480,000 (29,861 ) 450,139 Customer Relationships 5 280,000 (4,666 ) 275,334 15,555,000 (711,175 ) 14,843,825 Indefinite-lived intangible assets: Trade Name 90,400 Intangible assets, net $ 14,934,225 Future annual estimated amortization expense is summarized as follows: Years ending December 31, 2016 $ 2,868,400 2017 2,802,233 2018 2,563,872 2019 1,846,697 2020 397,000 Thereafter 1,483,237 $ 11,961,439

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2015
Goodwill [Abstract]
Goodwill	8. Goodwill Goodwill is summarized as follows: 2015 2014 Balance at January 1, $ 45,180,531 $ 735,328 Acquisition of NAPW - 44,445,203 Increase in goodwill due to Old NAPW legal settlement 133,693 - Impairment expense on NAPW (24,717,157 ) - Impairment expense on PDN (395,877 ) - Balance at December 31, $ 20,201,190 $ 45,180,531

Note Payable

Note Payable	12 Months Ended
	Dec. 31, 2015
Note Payable [Abstract]
Note Payable	9. Note Payable In connection with the Company's acquisition of Old Noble Voice, and Compliant, the Company entered into a non-interest bearing promissory note (“NV Promissory Note”) with Victory Holdings Group, LLC (“Victory Holdings”), a company owned by a former member of Noble Voice. Pursuant to the NV Promissory Note, Old Noble Voice and Compliant agreed to pay Victory Holdings an aggregate initial amount of $ 1,389,386 1,336,944 32,281 20,161 0 1,389,386

Promissory Note

Promissory Note	12 Months Ended
	Dec. 31, 2015
Promissory Note [Abstract]
Promissory Note	10. Promissory Note The Company has an outstanding promissory note in the amount of $ 445,000 0.35 137,500 32,500 137,500 The stated interest rate of the Promissory Note is 0.35 4.80 10,418 4.45 The discount was fully amortized at December 31, 2015. Interest expense amounted to $ 9,370 2,993 10,418 2,604 no 445,000 437,186

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies [Abstract]
Commitments and Contingencies	11. Commitments and Contingencies Lease Obligations - The Company leases an office for its headquarters in Illinois, as well as office spaces for its events business, sales and administrative offices under non-cancelable lease arrangements that provide for payments on a graduated basis with various expiration dates from February 2016 through February 2019. During 2015, the Company closed NAPW's Los Angeles, California and Jericho, New York offices. As a result this decision, the Company recorded an expense for the write off of the remaining net book value of its furniture and fixtures and leasehold improvements in the amount of $ 191,946 658,551 232,284 426,267 Rent expense, amounting to $ 1,436,902 618,551 345,000 0 Future annual minimum payments net of sublease income due under the leases are summarized as follows: Year ended December 31, 2016 $ 1,422,819 2017 1,331,495 2018 1,132,112 2019 101,187 $ 3,987,613 Legal Proceedings Noble Voice LLC, a wholly-owned subsidiary of the Company, is party to litigation captioned as Expand, Inc. v. Noble Voice LLC et al., Case No.: 2014-CA-9366 A (Orange County, FL Circuit Court) pursuant to which Expand, Inc., d/b/a SoftRock, Inc. (“SoftRock”) filed a complaint against Noble Voice LLC and certain other defendants (the “Noble Voice Defendants”) in September of 2014 alleging the existence of a purported conspiracy by Noble Voice and the other defendants to breach the individual Noble Voice Defendants' Non-Compete Agreements and separate Confidentiality Agreements, misappropriation of trade secrets by some but not all Noble Voice Defendants, tortious interference and seeking injunctive relief. In February of 2016 the parties agreed to a settlement in principle, for a nominal amount that will be subject to a confidentiality agreement once approved by the Court. The Company and its wholly-owned subsidiary, Noble Voice, LLC, are parties to litigation captioned as Coleman v. Noble Voice, LLC, et al., Case No. 15-CV-6791 (N.D. Ill.), a putative class action, pursuant to which a consumer alleged that Noble Voice violated the Telephone Consumer Protection Act (“TCPA”) by contacting him in relation to a job for which he applied online. The action complaint seeks unspecified damages and injunctive relief. The lawsuit was filed in August of 2015 and the Company timely filed its answer. While the case is in preliminary discovery stages, the Company is confident in its TCPA compliance practices. While the outcome of this lawsuit is uncertain, the Company believes that the claims asserted are without merit and intends to aggressively defend against the claims. The Company is party to litigation captioned as Norma Vazquez v. Professional Diversity Network, Inc., Case No. 16-CV-13-WCO (N.D.Ga.), a putative class action, pursuant to which a consumer alleged that the Company violated the TCPA by sending her a text message inviting her to attend a career fair. The complaint seeks unspecified damages and injunctive relief. The lawsuit was filed in January of 2016 and the Company has not yet answered but is within its time to do so. While the outcome of this lawsuit is uncertain, the Company believes that the claims asserted are without merit and intends to aggressively defend against these claims. The Company and its wholly-owned subsidiary, NAPW, Inc., are parties to litigation captioned Gauri Ramnath, et al. v. Professional Diversity Network, Inc., et al., No. BC604153 (Los Angeles Superior Ct.), a putative class action alleging violations of various California Labor Code (wage & hour) sections. The plaintiffs seek unspecified damages. The complaint was filed in December of 2016 and the Company has answered. The parties have not yet begun to conduct discovery, but have engaged in discussions to create a universal settlement. While the outcome of this lawsuit and its prospective settlement are uncertain, the Company believes that its resolution will not have a material negative impact on the Company's financial performance. The Company and its wholly-owned subsidiary, NAPW, Inc., are parties to litigation captioned as Crystal Martin, et al. v. NAPW, Inc., et al., No. BC606543 (Los Angeles Sup. Ct.), alleging violations of various California Labor Code (wage & hour) sections. The plaintiffs seek unspecified damages and civil penalties pursuant to the California Labor Code. The complaint was served in January of 2016. The parties have agreed to a settlement in principle for a nominal amount. The Company and its wholly-owned subsidiary, NAPW, Inc., are parties to litigation captioned Ilana Youngheim v. NAPW, Inc., et al., No. BC605928 (Los Angeles Sup. Ct.), a case alleging discrimination in violation of California Fair Employment and Housing Act (disability discrimination). The plaintiff seeks unspecified damages, back pay, front pay, lost employment benefits and other compensation. The complaint was served in February of 2016 and the Company has not yet answered but is within its time to do so. While the outcome of this lawsuit is uncertain, the Company believes that the claims asserted are without merit and intends to aggressively defend against these claims. General Legal Matters From time to time, the Company is involved in legal matters arising in the ordinary course of business. While the Company believes that such matters are currently not material, there can be no assurance that matters arising in the ordinary course of business for which the Company is, or could be, involved in litigation, will not have a material adverse effect on its business, financial condition or results of operations. Separation Agreement On July 16, 2015, the Company and Mr. Proman entered into a Separation Agreement whereby Mr. Proman resigned from his position as the Company's Executive Vice President and Chief Operating Officer and resigned from the Company's Board of Directors. Under the terms of the Separation Agreement, the Company paid Mr. Proman severance in an amount equal to the value of nine months of his annual salary, or $ 206,250 Mr. Proman also agreed to provisions in the Separation Agreement prohibiting him from, for a period of one 445,000 50,000 4.00 131,250 10.00 183,000 3.45 183,000

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2015
Stockholders' Equity [Abstract]
Stockholders' Equity	12 Preferred Stock no 1,000,000 Common Stock one 25,000,000 14,466,513 In April 2015, the Company sold an aggregate of 1,670,000 3.00 5,010,000 4,400,000 75,100 3.00 225,300 210,000

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2015
Stock-Based Compensation [Abstract]
Stock-Based Compensation	13 Equity Incentive Plans – 2013 500,000 500,000 1,800,000 Stock Options The following table summarizes the Company's stock option activity for the year ended December 31, 2015: Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in Years) Aggregate Intrinsic Value Outstanding - December 31, 2014 346,000 $ 3.45 9.4 $ 491,320 Granted 32,857 4.90 Exercised - - Forfeited or Canceled (221,667 ) (3.45 ) Outstanding – December 31, 2015 157,190 $ 3.75 8.0 $ - Exercisable – December 31, 2015 47,668 3.45 6.6 $ - A summary of the changes in the Company's unvested stock options is as follows: Number of Options Weighted Average Grant Date Fair Value Unvested - December 31, 2014 163,000 $ 1.65 Granted 32,857 1.87 Vested (47,668 ) (1.65 ) Forfeited or Canceled (38,667 ) 2.80 Unvested – December 31, 2015 109,522 $ 1.72 On March 23, 2015, the Company granted 32,857 61,443 Risk-free interest rate 1.41 % Expected dividend yield 0.00 % Expected volatility 39.47 % Expected term 5.5 The options are exercisable at an exercise price of $ 3.45 ten one 46,080 On March 31, 2014, the Company granted 187,000 308,350 Risk-free interest rate 2.02 % Expected dividend yield 0.00 % Expected volatility 48.14 % Expected term 6 The options are exercisable at an exercise price of $ 3.45 ten three 58,807 67,194 As discussed in Note 4 183,000 556,496 Risk-free interest rate 1.82 % Expected dividend yield 0.00 % Expected volatility 41.5 % Expected term 5 The options were fully vested and exercisable at an exercise price of $ 3.45 ten 556,496 The Company recorded non-cash compensation expense of $ 104,886 67,194 Total unrecognized compensation expense related to unvested stock options at December 31, 2015 amounts to $ 94,382 0.94 Warrants As of December 31, 2014 and 2015, there were 362,500 8.34 3.5 4.5 0 87,000 The Company did not grant any warrants to purchase shares of common stock during the year ended December 31, 2015. As discussed in Note 4 181,250 294,342 50,000 138,768 The fair value of the warrants was determined using the Black-Scholes option-pricing model with the following assumptions: Risk-free interest rate 1.82 % Expected dividend yield 0.00 % Expected volatility 41.5 % Expected term 5 The warrants are fully vested, are exercisable one five 100,000 4.00 131,250 10.00 294,342 138,768 No compensation cost was recognized for the years ended December 31, 2015 and 2014 pertaining to warrants. Restricted Stock A summary of restricted stock activity for the year ended December 31, 2015 is as follows: Number of Shares Unvested - December 31, 2014 200,001 Granted - Vested (66,666 ) Forfeited or Canceled (88,890 ) Unvested – December 31, 2015 44,445 As discussed in Note 4, the Company granted an aggregate of 300,000 99,999 66,667 three 1,494,000 341,221 497,994 The Company recorded non-cash compensation expense of $ 341,221 497,994 Total unrecognized compensation expense related to unvested restricted stock at December 31, 2015 amounts to $ 212,113 1.91

Customer Concentration

Customer Concentration	12 Months Ended
	Dec. 31, 2015
Customer Concentration [Abstract]
Customer Concentration	14. Customer Concentration The Company's revenues were historically highly dependent on two customers: LinkedIn and the Apollo Group. The Company's agreement with LinkedIn terminated on March 29, 2014 and its agreement with the Apollo Group terminated on October 9, 2014. No individual customers accounted for more than 10% of revenues for the year ended December 31, 2015. For the year ended December 31, 2014, LinkedIn and Apollo Group accounted for 4 10 15 12

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Income Taxes	15. Income Taxes The Company has the following net deferred tax assets and liabilities at December 31, 2015 and 2014: December 31, 2015 2014 Current deferred tax assets: Allowance for doubtful accounts $ - $ - Accrued expenses - 58,200 Current deferred tax asset - 58,200 Non-current deferred tax assets and liabilities: Goodwill and intangible assets $ (4,366,005 ) $ (5,932,461 ) Developed technology (99,530 ) (126,516 ) Derivative liability (161,163 ) (124,773 ) Allowance for doubtful accounts 27,160 - Accrued expenses 1,455 - Property and equipment 91,826 (160,361 ) Other deferred tax assets 28,928 1,135 Lease liability 255,517 - Stock based compensation 392,382 219,293 Net operating loss 4,482,051 3,042,072 Valuation allowance (5,595,529 ) - Non-current deferred tax liability (4,952,908 ) (3,081,611 ) Net deferred tax liability $ (4,942,908 ) $ (3,023,411 ) The benefit for income taxes for the years ended December 31, 2015 and 2014 consists of the following: Year Ended December 31, 2015 2014 Federal: Current provision $ - $ - Deferred provision (benefit) 1,682,036 (2,641,731 ) 1,682,036 (2,641,731 ) State: Current provision $ - $ - Deferred provision (benefit) 237,461 (420,377 ) 237,461 (420,377 ) Income tax expense (benefit) $ 1,919,497 $ (3,062,108 ) A reconciliation of the statutory federal income tax rate to the Company's effective tax rate is as follows: December 31, 2015 2014 Expected federal statutory rate 34.00 % 34.00 % State income taxes, net of federal benefit 4.80 % 4.80 % Effect of tax rate changes 0.00 % 3.81 % Impairment expense -28.31 % 0.00 % Valuation allowance -16.52 % 0.00 % Meals and entertainment -0.05 % -0.17 % Gain on bargain purchase option 0.00 % 2.50 % Tax exempt interest income 0.00 % 0.92 % Other 0.41 % 0.06 % (5.67 )% 45.92 % The valuation allowance at December 31, 2015 was approximately $5,596,000. The net change in the valuation allowance during the year ended December 31, 2015 was an increase of approximately $ 5,596,000 At December 31, 2015, the Company had net operating loss carryforwards for federal and state income tax purposes of approximately $ 11,552,000 A tax benefit from uncertain tax positions may be recognized when it is more likely than not that the position that a tax position will be sustained upon examination. Management makes judgments as to the interpretation of the tax laws that may be challenged upon an audit and cause a change of tax liability. As of December 31, 2015 and 2014, the Company did not maintain a reserve for uncertain tax positions. The Company files tax returns in multiple jurisdictions and is subject to examination in these jurisdictions. Significant jurisdictions in the US include New York, Illinois and California. In February 2016, the Company received notice that the 2014 tax return of old NAPW is being audited by the Internal Revenue Service. Section 382 of the Internal Revenue Code (Section 382) imposes a limitation on a corporation's ability to utilize net operating loss carryforwards (NOLS) if it experiences an “ownership change” as defined within the Code. In general, an ownership change may result from transactions increasing the ownership of certain shareholders in the stock of a corporation by more than 50 percentage points over a three year period. As part of the Merger Consideration in connection with the acquisition of NAPW, the Company issued stock, options and warrants. The Company evaluated the ownership change pertaining to these issuances and determined that in accordance with the rules related to Section 382 and certain built in gain allowances pursuant to the Code and subsequent Internal Revenue Code Rulings and Notices the Company did not experience an ownership change that would limit the Company's ability to utilize its NOLS.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2015
Segment Information [Abstract]
Segment Information	16. Segment Information Since the acquisition of Noble Voice on November 26, 2014 and the merger with NAPW on September 24, 2014, the Company operates in three segments: (i) PDN Network, (2) NAPW Network and (3) Noble Voice operations, which are based on its business activities and organization. The following tables present key financial information of the Company's reportable segments as of and for the year ended December 31, 2015: Year Ended December 31, 2015 PDN Network NAPW Network Noble Voice Consolidated Membership fees and related services - 24,962,795 - 24,962,795 Lead generation - - 9,499,203 9,499,203 Recruitment services 3,123,537 - - 3,123,537 Product sales and other - 748,648 - 748,648 Consumer advertising and marketing solutions 280,043 - - 280,043 Total revenues 3,403,580 25,711,443 9,499,203 38,614,226 Loss from operations (2,489,968 ) (30,289,825 ) (1,152,018 ) (33,931,811 ) Depreciation and amortization 378,936 3,089,355 182,456 3,650,747 Income tax expense (benefit) 2,429,932 (429,316 ) (81,119 ) 1,919,497 Capital expenditures - 39,463 44,774 84,237 Net loss (4,884,307 ) (29,860,509 ) (1,050,738 ) (35,795,554 ) At December 31, 2015 Goodwill $ 339,451 $ 19,861,739 $ - $ 20,201,190 Intangible assets, net 90,400 11,502,106 459,333 12,051,839 Total assets 4,167,229 34,985,831 2,274,756 41,427,816 Year Ended December 31, 2014 PDN Network NAPW Network Noble Voice Consolidated Membership fees and related services - 5,932,138 - 5,932,138 Lead generation revenue - - 1,061,041 1,061,041 Recruitment services 2,920,791 - - 2,920,791 Product sales and other revenue - 237,818 - 237,818 Consumer advertising and consumer marketing solutions revenue 1,491,943 - - 1,491,943 Total revenues 4,412,734 6,169,956 1,061,041 11,643,731 (Loss) income from operations (3,609,397 ) (2,417,068 ) 428,895 (5,597,570 ) Depreciation and amortization 369,314 700,099 15,038 1,084,451 Income tax (benefit) expense (3,320,079 ) 258,831 (410 ) (3,062,108 ) Capital expenditures 37,850 - - 37,850 Net (loss) income (1,411,932 ) (2,675,449 ) 429,305 (3,658,076 ) At December 31, 2014 Goodwill $ 735,328 $ 44,445,203 $ - $ 45,180,531 Intangible assets, net 90,400 14,208,492 635,333 14,934,225 Total assets 9,059,403 62,213,575 3,319,494 74,592,472

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	17. Subsequent Events The Company evalu ates subsequent events and transactions that occur after the balance sheet date up to the date that the consolidated financial statements were issued for potential recognition or disclosure. Other than as described below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the consolidated financial statements. Master Credit Facility In March 2016, the Company entered into a Master Credit Facility with White Winston Select Asset Funds, LLC (“White Winston”), a private investment fund, pursuant to which the Company was granted a revolving credit facility (the “Facility”) in the aggregate amount of up to $ 5,000,000 The closing of the Master Credit Facility (the “Closing”) is subject to the receipt of required regulatory approvals. The Facility is issued at 97% of par value (the “Debt Discount”), with such Debt Discount deducted from the gross amount of the proceeds available under the Facility at Closing. White Winston shall make advances under the Facility provided that the aggregate principal amount outstanding under the Facility shall not exceed 75% of the then-outstanding balance of the Company's customer receivables (as defined in the Facility). 24 8.0 In addition, from and after the first anniversary of the date of the Facility and continuing until the Facility is repaid in full, the Company is required to pay an additional fee of 3.0% on the average daily unborrowed portion of the Facility. The Company granted White Winston a first priority lien in all tangible and intangible property now owned by the Company or to be acquired in the future. In addition, the Company established a cash collateral account, pursuant to which all revenues and payments due to the Company will be deposited into such account and will act as security for the credit facility. The Company has unrestricted access to the cash collateral account. Upon Closing, the Company will issue to White Winston warrants, exercisable for a period of five years from the Closing, to purchase up to (i) 1,000,000 0.25 1,750,000 0.25 1,000,000 2.50 2.50 10

Summary of Significant Accoun25

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation - The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
Use of Estimates	Use of Estimates - The preparation of consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amount of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the consolidated financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from estimates. Significant estimates underlying the financial statements include the fair value of acquired assets and liabilities associated with acquisitions; assessment of goodwill, other intangible assets and long-lived assets for impairment; allowances for doubtful accounts and assumptions related to the valuation of stock-based compensation.
Principles of Consolidation	Principles of Consolidation - The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.
Cash and Cash Equivalents	Cash and Cash Equivalents - The Company considers cash and cash equivalents to include all short-term, highly liquid investments that are readily convertible to known amounts of cash and have original maturities of three months or less.
Short-Term Investments	Short-Term Investments - All highly liquid investments that have an original maturity of greater than 90 days but less than one year at the date of purchase are classified as short-term investments. The Company classifies short-term investments as held to maturity and carries them at amortized cost if the Company has the positive intent and ability to hold the securities to maturity. December 31, 2015 Amortized cost Gross unrealized gains Gross unrealized losses Estimated fair value Certificates of deposit $ 500,000 $ 483 $ - $ 500,483 $ 500,000 $ 483 $ - $ 500,483 December 31, 2014 Amortized cost Gross unrealized gains Gross unrealized losses Estimated fair value Certificates of deposit $ 1,099,775 $ 1,168 $ - $ 1,100,943 Municipal bonds 536,046 - (6,572 ) 529,474 Corporate fixed income bonds 3,563,057 808,948 - 4,372,005 $ 5,198,878 $ 810,116 $ (6,572 ) $ 6,002,422
Accounts Receivable	Accounts Receivable - Accounts receivable represent receivables generated from fees earned from customers and advertising revenue. The Company's policy is to reserve for uncollectible accounts based on its best estimate of the amount of probable credit losses in its existing accounts receivable. The Company periodically reviews its accounts receivable to determine whether an allowance for doubtful accounts is necessary based on an analysis of past due accounts and other factors that may indicate that the realization of an account may be in doubt. Account balances deemed to be uncollectible are charged to the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. As of December 31, 2015 and 2014, the allowance for doubtful accounts amounted to $ 95,000 25,000
Incremental Direct Costs	Incremental Direct Costs - Incremental direct costs incurred in connection with enrolling members in the NAPW Network consist of sales commissions paid to the Company's direct sales agents. The commissions are deferred and amortized over the term of membership, which is a 12 month period. Amortization of deferred commissions is included in sales and marketing expense in the accompanying consolidated statements of comprehensive loss. Amortization expense amounted to $ 2,252,000 540,000
Property and Equipment	Property and Equipment - Property and equipment is stated at cost, including any cost to place the property into service, less accumulated depreciation. Depreciation is recorded on a straight-line basis over the estimated useful lives of the assets which currently range from 3 5
Capitalized Technology Costs	Capitalized Technology Costs - In accordance with Accounting Standards Codification (“ASC”) 350-40, Internal-Use Software, the Company capitalizes certain external and internal computer software costs incurred during the application development stage. The application development stage generally includes software design and configuration, coding, testing and installation activities. Training and maintenance costs are expensed as incurred, while upgrades and enhancements are capitalized if it is probable that such expenditures will result in additional functionality. Capitalized software costs are amortized over the estimated useful lives of the software assets on a straight-line basis, generally not exceeding three years.
Business Combinations	Business Combinations - ASC 805, Business Combinations (“ASC 805”), applies the acquisition method of accounting for business combinations to all acquisitions where the acquirer gains a controlling interest, regardless of whether consideration was exchanged. ASC 805 establishes principles and requirements for how the acquirer: a) recognizes and measures in its financial statements the identifiable assets acquired, the liabilities assumed, and any non-controlling interest in the acquiree; b) recognizes and measures the goodwill acquired in the business combination or a gain from a bargain purchase; and c) determines what information to disclose to enable users of the financial statements to evaluate the nature and financial effects of the business combination. Accounting for acquisitions requires the Company to recognize, separately from goodwill, the assets acquired and the liabilities assumed at their acquisition-date fair values. Goodwill as of the acquisition date is measured as the excess of consideration transferred and the net of the acquisition-date fair values of the assets acquired and the liabilities assumed. While the Company uses its best estimates and assumptions to accurately value assets acquired and liabilities assumed at the acquisition date, the estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one
Goodwill and Intangible Assets	Goodwill and Intangible Assets - The Company accounts for goodwill and intangible assets in accordance with ASC 350, Intangibles – Goodwill and Other (“ASC 350”). ASC 350 requires that goodwill and other intangibles with indefinite lives should be tested for impairment annually or on an interim basis if events or circumstances indicate that the fair value of an asset has decreased below its carrying value. Goodwill is tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis (December 31 for the Company) and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. The Company considers its market capitalization and the carrying value of its assets and liabilities, including goodwill, when performing its goodwill impairment test. When conducting its annual goodwill impairment assessment, the Company initially performs a qualitative evaluation of whether it is more likely than not that goodwill is impaired. If it is determined by a qualitative evaluation that it is more likely than not that goodwill is impaired, the Company then applies a two-step impairment test. The two-step impairment test first compares the fair value of the Company's reporting unit to its carrying or book value. If the fair value of the reporting unit exceeds its carrying value, goodwill is not impaired and the Company is not required to perform further testing. If the carrying value of the reporting unit exceeds its fair value, the Company determines the implied fair value of the reporting unit's goodwill and if the carrying value of the reporting unit's goodwill exceeds its implied fair value, then an impairment loss equal to the difference is recorded in the consolidated statements of operations. As a result of the recurring operating losses incurred in NAPW since its acquisition in September 2014, and the recurring losses in the PDN Network, the Company undertook a review of the carrying amount of its goodwill. The Company performed its review based on both qualitative and quantitative factors and determined that carrying value of NAPW's and PDN's goodwill exceeding its implied fair value. Accordingly, the Company recorded a goodwill impairment charge of $ 25,113,000
Deferred Revenue	Deferred Revenue - Deferred revenue includes customer deposits received prior to performing services which are recognized as revenue when revenue recognition criteria are met.
Treasury Stock	Treasury Stock – Treasury stock is recorded at cost as a reduction of stockholders' equity in the accompanying consolidated balance sheets.
Revenue Recognition	Revenue Recognition – Revenue is recognized when all of the following conditions exist: (1) persuasive evidence of an arrangement exists, (2) services are performed, (3) the sales price is fixed or determinable, and (4) collectability is reasonably assured. Membership Fees and Related Services Membership fees are collected up-front and member benefits become available immediately; however those benefits must remain available over the 12 12 Revenue from related membership services are derived from fees for development and set-up of a member's personal on-line profile and/or press release announcements. Fees related to these services are recognized as revenue at the time the on-line profile is complete and press release is distributed. Lead Generation The Company derives lead generation revenues pursuant to arrangements with for-profit educational centers. Under these arrangements, the Company matches educational centers with potential candidates, pursuant to specific parameters defined in each arrangement. The Company invoices the educational centers on a monthly basis based upon the number of leads provided. Revenues related to lead generation are recognized at the time the educational centers are invoiced. Recruitment Services Product Sales and Other Products offered to members relate to custom made plaques and an annual registry book. Product sales are recognized as liabilities under deferred revenue at the time the initial order is placed. Revenue is then recognized at the time these products are shipped. The Company's shipping and handling costs are included in cost of sales in the accompanying condensed consolidated statements of comprehensive loss. Consumer Advertising and Marketing Solutions
Advertising and Marketing Expenses	Advertising and Marketing Expenses - Advertising and marketing expenses are expensed as incurred or the first time the advertising takes place. The production costs of advertising are expensed the first time the advertising takes place. For the years ended December 31, 2015 and 2014, the Company incurred advertising and marketing expenses of approximately $ 6,129,000 2,215,000 0 53,000
Concentrations of Credit Risk	Concentrations of Credit Risk - Financial instruments, which potentially subject the Company to concentration of credit risk, consist principally of cash and cash equivalents and accounts receivable. The Company places its cash with high credit quality institutions. At times, such amounts may be in excess of the FDIC insurance limits. The Company has not experienced any losses in such accounts and believes that it is not exposed to any significant credit risk on the account.
Income Taxes	Income Taxes - ASC 740 clarifies the accounting for uncertainty in income taxes recognized in an enterprise's financial statements in accordance with ASC 740-20 and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of December 31, 2015. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company may be subject to potential income tax examinations by federal or state authorities. These potential examinations may include questioning the timing and amount of deductions, the nexus of income among various tax jurisdictions and compliance with federal and state tax laws. Management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months. The Company's policy for recording interest and penalties associated with audits is to record such expense as a component of income tax expense. There were no amounts accrued for penalties or interest as of December 31, 2015.
Fair Value of Financial Assets and Liabilities	Fair Value of Financial Assets and Liabilities - Financial instruments, including cash and cash equivalents, short-term investments, accounts payable and accrued liabilities, are carried at historical cost. Management believes that the recorded amounts approximate fair value due to the short-term nature of these instruments. The Company measures the fair value of financial assets and liabilities based on the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The Company maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. The Company uses three levels of inputs that may be used to measure fair value: Level 1 — quoted prices in active markets for identical assets or liabilities Level 2 — quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 — inputs that are unobservable (for example cash flow modeling inputs based on assumptions) The following table presents a summary of fair value measurements for certain financial instruments measured at fair value on a recurring basis: December 31, Financial Instrument Level 2015 2014 Warrant liability 3 $ - $ 93,789 Level 3 liabilities are valued using unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the derivative liabilities. For fair value measurements categorized within Level 3 of the fair value hierarchy, the Company's accounting and finance department, who report to the Chief Financial Officer, determine its valuation policies and procedures. The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company's accounting and finance department and are approved by the Chief Financial Officer. Level 3 Valuation Techniques: Level 3 financial liabilities consist of warrant liabilities for which there is no current market for these securities such that the determination of fair value requires significant judgment or estimation. Changes in fair value measurements categorized within Level 3 of the fair value hierarchy are analyzed each period based on changes in estimates or assumptions and recorded as appropriate. The Company uses the Black-Scholes option pricing model to value Level 3 financial liabilities at inception and on subsequent valuation dates. This model incorporates transaction details such as the Company's stock price, contractual terms, maturity, and risk free rates, as well as volatility. A significant decrease in the volatility or a significant decrease in the Company's stock price, in isolation, would result in a significantly lower fair value measurement. Changes in the values of the derivative liabilities are recorded in “change in fair value of warrant liability” in the Company's consolidated statements of comprehensive loss. As of December 31, 2015 and 2014, there were no The warrant liability was valued using the Black-Scholes option pricing model and the following assumptions on the following dates: December 31, 2015 2014 Strike price $ 10.00 $ 10.00 Market price $ 0.50 $ 4.87 Expected life 3.17 4.17 Risk-free interest rate 1.62 % 1.62 % Dividend yield 0.00 % 0.00 % Volatility 36 % 42 % Warrants outstanding 131,250 131,250 Fair value of warrants $ - $ 93,789 The Company decreased the warrant liability by $ 93,789 Balance – January 1, 2015 $ (93,789 ) Decrease in net value of warrant liability 93,789 Balance –December 31, 2015 $ -
Net Loss per Share	Net Loss per Share - The Company computes basic net loss per share by dividing net loss per share available to common stockholders by the weighted average number of common shares outstanding for the period and excludes the effects of any potentially dilutive securities. Diluted earnings per share, if presented, would include the dilution that would occur upon the exercise or conversion of all potentially dilutive securities into common stock using the “treasury stock” and/or “if converted” methods as applicable. The computation of basic net loss per share for the years ended December 31, 2015 and 2014 excludes the potentially dilutive securities summarized in the table below because their inclusion would be anti-dilutive. 2015 2014 Warrants to purchase common stock 362,500 362,500 Stock options 157,190 346,000 Unvested restricted stock 44,445 200,001 564,135 908,501
Recent Accounting Pronouncements	Recent Accounting Pronouncements - Recent Accounting Pronouncements - In February 2016, the FASB issued new lease accounting guidance ASU No. 2016-02, “ Leases” (“ASU 2016-02”) . a right-of-use asset, which is an asset that represents the lessee's right to use, or control the use of, a specified asset for the lease term. The new guidance is not applicable for leases with a term of 12 months or less. Lessor accounting is largely unchanged. Public business entities should apply the amendments in In November 2015, the FASB issued ASU No. 2015-17, “ Balance Sheet Classification of Deferred Taxes In September 2015, the FASB issued ASU 2015-16, “Business Combinations – Simplifying the Accounting for Measurement-Period Adjustments” (“ASU 2015-16”), which eliminates the current guidance that requires an acquirer in a business combination to account for measurement-period adjustments retrospectively as if the accounting for the business combination had been completed at the acquisition date. Instead, under the new guidance, an acquirer recognizes measurement-period adjustments in the period in which it determines the amount of the adjustment, including the effect on earnings of any amounts that would have been recorded in previous periods if the accounting had been completed at the acquisition date. ASU 2015-16 does not change the criteria for determining whether an adjustment qualifies as a measurement-period adjustment or change the length of the measurement period, which cannot exceed one year from the date of the acquisition. The guidance is effective for annual and interim periods beginning after December 15, 2015, and the guidance is applied prospectively to adjustments to provisional amounts that occur after the adoption date. As permitted, the Company has elected to early adopt this guidance as of December 31, 2015. The adoption of this guidance did not have any impact of the Company's consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, “Interest - Imputation of Interest” (“ASU 2015-03”). ASU 2015-03 simplifies the presentation of debt issuance costs by requiring that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts or premiums. The recognition and measurement guidance for debt issuance costs would not be affected by the amendments of ASU 2015-03. In August 2015, ASU 2015-03 was amended by ASU No. 2015-15, “Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements” (ASU 2015-15). ASU 2015-15 adds language to ASU 2015-03 based on the SEC Staff Announcement that the SEC would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. For public business entities, ASU 2015-03, as amended by ASU 2015-15, is effective for financial statements issued for fiscal years beginning after December 31, 2015, and interim periods within those fiscal years. For all other entities, ASU 2015-03 is effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within fiscal years beginning after December 15, 2016. Early adoption is permitted for financial statements that have not been previously issued. The Company has early adopted ASU 2015-03 for the year ended December 31, 2015. In June 2014, the FASB issued ASU No. 2014-12, “Compensation - Stock Compensation” (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could be Achieved after the Requisite Service Period (“ASU 2014-12”). ASU 2014-12 affects entities that grant their employees share-based payments in which terms of the award provide that a performance target that affects vesting could be achieved after the requisite service period. The amendments in ASU 2014-12 require that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. ASU 2014-12 is effective for fiscal years beginning after December 15, 2015. Early adoption is permitted. The adoption of this guidance is not expected to have any impact of the Company's consolidated financial statements. In May 2014, the Financial Accounting Standard Board (the “FASB”) issued ASU No. 2014-09, “Revenue from Contracts with Customers” (“ASU 2014-09”). ASU 2014-09 provides guidance for revenue recognition and affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets and supersedes the revenue recognition requirements in Topic 605, “Revenue Recognition,” and most industry-specific guidance. The core principle of ASU 2014-09 is the recognition of revenue when a company transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled to in exchange for those goods or services. ASU 2014-09 defines a five-step process to achieve this core principle and, in doing so, companies will need to use more judgment and make more estimates than under the current guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. ASU 2014-09 was initially effective for fiscal years beginning after December 15, 2016 and interim periods therein, using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standard in each prior reporting period with the option to elect certain practical expedients, or (ii) a retrospective approach with the cumulative effect of initially adopting ASU 2014-09 recognized at the date of adoption (which includes additional footnote disclosures). Early adoption is not permitted. The Company is currently evaluating the method and impact the adoption of ASU 2014-09 will have on the Company's consolidated financial statements and disclosures. In July 2015, the FASB deferred the effective date of ASU 2014-09 for one year, and proposed some modifications to the original provisions

Summary of Significant Accoun26

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Schedule of Short-Term Investments	December 31, 2015 Amortized cost Gross unrealized gains Gross unrealized losses Estimated fair value Certificates of deposit $ 500,000 $ 483 $ - $ 500,483 $ 500,000 $ 483 $ - $ 500,483 December 31, 2014 Amortized cost Gross unrealized gains Gross unrealized losses Estimated fair value Certificates of deposit $ 1,099,775 $ 1,168 $ - $ 1,100,943 Municipal bonds 536,046 - (6,572 ) 529,474 Corporate fixed income bonds 3,563,057 808,948 - 4,372,005 $ 5,198,878 $ 810,116 $ (6,572 ) $ 6,002,422
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis	December 31, Financial Instrument Level 2015 2014 Warrant liability 3 $ - $ 93,789
Schedule of Valuation Assumptions	December 31, 2015 2014 Strike price $ 10.00 $ 10.00 Market price $ 0.50 $ 4.87 Expected life 3.17 4.17 Risk-free interest rate 1.62 % 1.62 % Dividend yield 0.00 % 0.00 % Volatility 36 % 42 % Warrants outstanding 131,250 131,250 Fair value of warrants $ - $ 93,789
Schedule of Changes in Fair Value of Warrant Liability	Balance – January 1, 2015 $ (93,789 ) Decrease in net value of warrant liability 93,789 Balance –December 31, 2015 $ -
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	2015 2014 Warrants to purchase common stock 362,500 362,500 Stock options 157,190 346,000 Unvested restricted stock 44,445 200,001 564,135 908,501

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2015
Business Acquisition [Line Items]
Schedule of Pro Forma Information	Year Ended December 31, 2014 Revenues $ 42,793,803 Net loss $ (4,628,737 ) Net loss per share: Basic and diluted $ (0.36 ) Weighted average shares outstanding: Basic and diluted 12,788,663
Noble Voice [Member]
Business Acquisition [Line Items]
Schedule of Purchase Price Allocation	Promissory note issued $ 1,389,386 Allocated to: Cash and cash equivalents 439,156 Accounts receivable 2,248,537 Prepaid expenses and other current assets 23,026 Property and equipment 13,040 Security deposits 16,476 Accounts payable (1,111,669 ) Accrued expenses (186,638 ) Deferred tax liability (272,586 ) Net assets acquired 1,169,342 Excess of purchase price over net tangible assets acquired before allocation to identifiable intangible assets and gain on bargain purchase of business $ 220,044
Schedule of Acquired Intangible Assets and Goodwill	Amount Estimated Useful Life (Years) Developed Technology $ 330,000 3 Customer Relationships 280,000 5 Trade Name/Trademarks 40,000 4 Amortizable Intangible Assets 650,000 Gain on Bargain Purchase of Business (429,956 ) $ 220,044
NAPW [Member]
Business Acquisition [Line Items]
Schedule of Purchase Price Allocation	Fair value of common stock issued (6,309,845 $ 35,272,033 Cash paid 3,555,000 Promissory note issued 434,582 Stock options issued (183,000 556,496 Common stock purchase warrants issued (181,250 294,342 Total consideration 40,112,453 Allocated to: Cash and cash equivalents $ 5,198 Accounts receivable 353,377 Incremental direct costs 931,126 Prepaid expenses and other current assets 297,904 Property and equipment 795,618 Security deposits 342,190 Merchant reserve 1,528,558 Other assets 159,412 Accounts payable (6,153,564 ) Accrued expenses (1,954,036 ) Deferred revenue (8,880,000 ) Deferred tax liability (6,193,765 ) Merchant cash advances (447,371 ) Capital lease obligations (22,397 ) Net liabilities assumed (19,237,750 ) Excess of purchase price over net liabilities assumed before allocation to identifiable intangible assets and goodwill $ 59,350,203
Schedule of Acquired Intangible Assets and Goodwill	Amount Estimated Useful Life (Years) Sales Process $ 3,970,000 10 Paid Member Relationships 890,000 5 Member Lists 8,957,000 5 Developed Technology 648,000 3 Trade Name/Trademarks 440,000 4 Amortizable Intangible Assets 14,905,000 Goodwill 44,445,203 $ 59,350,203

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property and Equipment [Abstract]
Schedule of Property and Equipment	Property and Equipment is as follows: December 31, 2015 2014 Computer hardware $ 371,893 $ 370,442 Furniture and fixtures 227,828 311,487 Leasehold improvements 147,016 281,638 746,737 963,567 Less: Accumulated depreciation (302,339 ) (88,798 ) $ 444,398 $ 874,769

Capitalized Technology (Tables)

Capitalized Technology (Tables)	12 Months Ended
	Dec. 31, 2015
Capitalized Technology [Abstract]
Schedule of Capitalized Technology	Capitalized Technology, net is as follows: December 31, 2015 2014 Capitalized cost: Balance, beginning of period $ 1,469,413 $ 1,289,099 Additional capitalized cost 419,359 180,314 Balance, end of period $ 1,888,772 $ 1,469,413 Accumulated amortization: Balance, beginning of period $ 943,343 $ 596,588 Provision for amortization 488,906 346,755 Balance, end of period $ 1,432,249 $ 943,343 Capitalized Technology, net $ 456,523 $ 526,070

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2015
Intangible Assets [Abstract]
Schedule of Intangible Assets	December 31, 2015 Useful Lives (Years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Long-lived intangible assets: Sales Process 10 $ 3,970,000 $ (501,764 ) $ 3,468,236 Paid Member Relationships 5 890,000 (224,972 ) 665,028 Member Lists 5 8,957,000 (2,264,131 ) 6,692,869 Developed Technology 3 978,000 (392,167 ) 585,833 Trade Name/Trademarks 4 480,000 (149,860 ) 330,140 Customer Relationships 5 280,000 (60,667 ) 219,333 15,555,000 (3,593,561 ) 11,961,439 Indefinite-lived intangible assets: Trade Name 90,400 Intangible assets, net $ 12,051,839 December 31, 2014 Useful Lives (Years) Gross Carrying Amount Accumulated Amortization Net Carrying Amount Long-lived intangible assets: Sales Process 10 $ 3,970,000 $ (90,778 ) $ 3,879,222 Paid Member Relationships 5 890,000 (46,972 ) 843,028 Member Lists 5 8,957,000 (472,731 ) 8,484,269 Developed Technology 3 978,000 (66,167 ) 911,833 Trade Name/Trademarks 4 480,000 (29,861 ) 450,139 Customer Relationships 5 280,000 (4,666 ) 275,334 15,555,000 (711,175 ) 14,843,825 Indefinite-lived intangible assets: Trade Name 90,400 Intangible assets, net $ 14,934,225
Schedule of Future Annual Estimated Amortization Expense	Years ending December 31, 2016 $ 2,868,400 2017 2,802,233 2018 2,563,872 2019 1,846,697 2020 397,000 Thereafter 1,483,237 $ 11,961,439

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill [Abstract]
Summary of Goodwill	Goodwill is summarized as follows: 2015 2014 Balance at January 1, $ 45,180,531 $ 735,328 Acquisition of NAPW - 44,445,203 Increase in goodwill due to Old NAPW legal settlement 133,693 - Impairment expense on NAPW (24,717,157 ) - Impairment expense on PDN (395,877 ) - Balance at December 31, $ 20,201,190 $ 45,180,531

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	Year ended December 31, 2016 $ 1,422,819 2017 1,331,495 2018 1,132,112 2019 101,187 $ 3,987,613

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Restricted Stock Activity	A summary of restricted stock activity for the year ended December 31, 2015 is as follows: Number of Shares Unvested - December 31, 2014 200,001 Granted - Vested (66,666 ) Forfeited or Canceled (88,890 ) Unvested – December 31, 2015 44,445
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Award Activity	The following table summarizes the Company's stock option activity for the year ended December 31, 2015: Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in Years) Aggregate Intrinsic Value Outstanding - December 31, 2014 346,000 $ 3.45 9.4 $ 491,320 Granted 32,857 4.90 Exercised - - Forfeited or Canceled (221,667 ) (3.45 ) Outstanding – December 31, 2015 157,190 $ 3.75 8.0 $ - Exercisable – December 31, 2015 47,668 3.45 6.6 $ -
Schedule of Unvested Award activity	A summary of the changes in the Company's unvested stock options is as follows: Number of Options Weighted Average Grant Date Fair Value Unvested - December 31, 2014 163,000 $ 1.65 Granted 32,857 1.87 Vested (47,668 ) (1.65 ) Forfeited or Canceled (38,667 ) 2.80 Unvested – December 31, 2015 109,522 $ 1.72
Stock Options [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Award Fair Value Assumptions	Risk-free interest rate 1.41 % Expected dividend yield 0.00 % Expected volatility 39.47 % Expected term 5.5
Stock Options [Member] | Certain directors, senior management and employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Award Fair Value Assumptions	Risk-free interest rate 2.02 % Expected dividend yield 0.00 % Expected volatility 48.14 % Expected term 6
Stock Options [Member] | Mr. Proman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Award Fair Value Assumptions	Risk-free interest rate 1.82 % Expected dividend yield 0.00 % Expected volatility 41.5 % Expected term 5
Warrants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Award Fair Value Assumptions	Risk-free interest rate 1.82 % Expected dividend yield 0.00 % Expected volatility 41.5 % Expected term 5

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Schedule of Net Deferred Tax Assets and Liabilities	The Company has the following net deferred tax assets and liabilities at December 31, 2015 and 2014: December 31, 2015 2014 Current deferred tax assets: Allowance for doubtful accounts $ - $ - Accrued expenses - 58,200 Current deferred tax asset - 58,200 Non-current deferred tax assets and liabilities: Goodwill and intangible assets $ (4,366,005 ) $ (5,932,461 ) Developed technology (99,530 ) (126,516 ) Derivative liability (161,163 ) (124,773 ) Allowance for doubtful accounts 27,160 - Accrued expenses 1,455 - Property and equipment 91,826 (160,361 ) Other deferred tax assets 28,928 1,135 Lease liability 255,517 - Stock based compensation 392,382 219,293 Net operating loss 4,482,051 3,042,072 Valuation allowance (5,595,529 ) - Non-current deferred tax liability (4,952,908 ) (3,081,611 ) Net deferred tax liability $ (4,942,908 ) $ (3,023,411 )
Schedule of Benefits for Income Taxes	The benefit for income taxes for the years ended December 31, 2015 and 2014 consists of the following: Year Ended December 31, 2015 2014 Federal: Current provision $ - $ - Deferred provision (benefit) 1,682,036 (2,641,731 ) 1,682,036 (2,641,731 ) State: Current provision $ - $ - Deferred provision (benefit) 237,461 (420,377 ) 237,461 (420,377 ) Income tax expense (benefit) $ 1,919,497 $ (3,062,108 )
Reconciliation of Statutory Federal Income Tax Rate	A reconciliation of the statutory federal income tax rate to the Company's effective tax rate is as follows: December 31, 2015 2014 Expected federal statutory rate 34.00 % 34.00 % State income taxes, net of federal benefit 4.80 % 4.80 % Effect of tax rate changes 0.00 % 3.81 % Impairment expense -28.31 % 0.00 % Valuation allowance -16.52 % 0.00 % Meals and entertainment -0.05 % -0.17 % Gain on bargain purchase option 0.00 % 2.50 % Tax exempt interest income 0.00 % 0.92 % Other 0.41 % 0.06 % (5.67 )% 45.92 %

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Information [Abstract]
Schedule of Segment Information	Year Ended December 31, 2015 PDN Network NAPW Network Noble Voice Consolidated Membership fees and related services - 24,962,795 - 24,962,795 Lead generation - - 9,499,203 9,499,203 Recruitment services 3,123,537 - - 3,123,537 Product sales and other - 748,648 - 748,648 Consumer advertising and marketing solutions 280,043 - - 280,043 Total revenues 3,403,580 25,711,443 9,499,203 38,614,226 Loss from operations (2,489,968 ) (30,289,825 ) (1,152,018 ) (33,931,811 ) Depreciation and amortization 378,936 3,089,355 182,456 3,650,747 Income tax expense (benefit) 2,429,932 (429,316 ) (81,119 ) 1,919,497 Capital expenditures - 39,463 44,774 84,237 Net loss (4,884,307 ) (29,860,509 ) (1,050,738 ) (35,795,554 ) At December 31, 2015 Goodwill $ 339,451 $ 19,861,739 $ - $ 20,201,190 Intangible assets, net 90,400 11,502,106 459,333 12,051,839 Total assets 4,167,229 34,985,831 2,274,756 41,427,816 Year Ended December 31, 2014 PDN Network NAPW Network Noble Voice Consolidated Membership fees and related services - 5,932,138 - 5,932,138 Lead generation revenue - - 1,061,041 1,061,041 Recruitment services 2,920,791 - - 2,920,791 Product sales and other revenue - 237,818 - 237,818 Consumer advertising and consumer marketing solutions revenue 1,491,943 - - 1,491,943 Total revenues 4,412,734 6,169,956 1,061,041 11,643,731 (Loss) income from operations (3,609,397 ) (2,417,068 ) 428,895 (5,597,570 ) Depreciation and amortization 369,314 700,099 15,038 1,084,451 Income tax (benefit) expense (3,320,079 ) 258,831 (410 ) (3,062,108 ) Capital expenditures 37,850 - - 37,850 Net (loss) income (1,411,932 ) (2,675,449 ) 429,305 (3,658,076 ) At December 31, 2014 Goodwill $ 735,328 $ 44,445,203 $ - $ 45,180,531 Intangible assets, net 90,400 14,208,492 635,333 14,934,225 Total assets 9,059,403 62,213,575 3,319,494 74,592,472

Liquidity, Financial Conditio36

Liquidity, Financial Condition and Management's Plans (Details) - USD ($)	1 Months Ended	2 Months Ended	12 Months Ended
	Apr. 30, 2015	May. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Liquidity, Financial Condition, And Managements Plans [Line Items]
Number of shares sold	1,670,000	1,745,100
Price per share	$ 3	$ 3
Gross proceeds	$ 5,010,000	$ 5,235,300	$ 4,354,894
Proceeds from shares issued, net of issuance costs	$ 4,400,000	$ 4,564,400
Cash used in operating activities			$ (6,164,168)	$ (8,789,996)

Summary of Significant Accoun37

Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Incremental Direct Costs
Amortization of deferred commissions	$ 2,252,000	$ 540,000
Goodwill and Intangible Assets
Impairment expense	25,113,034
Advertising and Marketing Expenses
Advertising and marketing expenses	6,129,000	$ 2,215,000
Advertising costs	0	53,000
Property, Plant and Equipment [Line Items]
Allowance for doubtful accounts receivable	$ 95,000	$ 25,000
Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years

Summary of Significant Accoun38

Summary of Significant Accounting Policies (Schedule of Short-Term Investments) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	$ 500,000	$ 5,198,878
Gross unrealized gains	$ 483	810,116
Gross unrealized losses		6,572
Estimated fair value	$ 500,483	6,002,422
Certificates of deposit [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	500,000	1,099,775
Gross unrealized gains	$ 483	$ 1,168
Gross unrealized losses
Estimated fair value	$ 500,483	$ 1,100,943
Municipal bonds [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost		$ 536,046
Gross unrealized gains
Gross unrealized losses		$ 6,572
Estimated fair value		529,474
Corporate fixed income bonds [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost		3,563,057
Gross unrealized gains		$ 808,948
Gross unrealized losses
Estimated fair value		$ 4,372,005

Summary of Significant Accoun39

Summary of Significant Accounting Policies (Schedule of Fair Value Measurements) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability		$ 93,789
Recurring [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrant liability		$ 93,789

Summary of Significant Accoun40

Summary of Significant Accounting Policies (Schedule of Warrant Liability Valuation) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair value of warrants		$ 93,789
Warrant Liability [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Strike price	$ 10	$ 10
Market price	$ 0.50	$ 4.87
Expected life	3 years 2 months 1 day	4 years 2 months 1 day
Risk-free interest rate	1.62%	1.62%
Dividend yield	0.00%	0.00%
Volatility	36.00%	42.00%
Warrants outstanding	131,250	131,250
Fair value of warrants		$ 93,789

Summary of Significant Accoun41

Summary of Significant Accounting Policies (Schedule of Change in Fair Value of Level 3 Financial Liabilities) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Balance - January 1, 2015	$ (93,789)
Decrease in net value of warrant liability	$ (93,789)	$ 8,568
Balance - December 31, 2015		(93,789)
Level 3 [Member] | Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Balance - January 1, 2015	$ (93,789)
Decrease in net value of warrant liability	$ 93,789
Balance - December 31, 2015		$ (93,789)

Summary of Significant Accoun42

Summary of Significant Accounting Policies (Schedule of Potentially Dilutive Securities) (Details) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dillutive securities	564,135	908,501
Warrants to purchase common stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dillutive securities	362,500	362,500
Stock options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dillutive securities	157,190	346,000
Unvested restricted stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dillutive securities	44,445	200,001

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) - USD ($)	1 Months Ended		12 Months Ended
	Nov. 26, 2014	Sep. 24, 2014	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Promissory note issued				$ 1,389,386
Promissory note outstanding				1,389,386
Gain on bargain purchase				$ 429,956
Effective income tax rate			(5.67%)	45.92%
Acquisition related costs				$ 1,195,195
Total revenues			$ 38,614,226	11,643,731
Income (loss) from operations			(33,931,811)	$ (5,597,570)
Increase in goodwill resulting from NAPW legal settlement			$ 133,693
Stock Options [Member]
Business Acquisition [Line Items]
Stock options granted			32,857
Stock options granted, exercise price			$ 4.90
Noble Voice [Member]
Business Acquisition [Line Items]
Promissory note issued			$ 1,389,386
Purchase price	$ 1,389,386
Promissory note issued	1,389,386
Promissory note outstanding			0	$ 1,389,386
Gain on bargain purchase	429,956
Deferred tax liability	$ 272,586
Effective income tax rate	38.80%
Identifiable intangible assets	$ 650,000
Acquisition related costs			137,948
Total revenues			1,061,041
Income (loss) from operations			428,895
Noble Voice [Member] | Ms. Gladwell [Member]
Business Acquisition [Line Items]
Annual base salary	$ 180,000
Restricted shares issued	100,000
Noble Voice [Member] | Mr. Zlobin [Member]
Business Acquisition [Line Items]
Annual base salary	$ 180,000
Restricted shares issued	100,000
NAPW [Member]
Business Acquisition [Line Items]
Number of shares issued in acquisition		6,309,845
Cash consideration paid by the Company		$ 3,555,000
Promissory note issued		$ 434,582
Stock options granted		183,000
Purchase price		$ 40,112,453
Deferred revenue		8,880,000
Deferred tax liability		$ 6,193,765
Effective income tax rate		40.60%
Identifiable intangible assets		$ 14,905,000
Acquisition related costs			$ 1,057,247
Total revenues				6,169,956
Income (loss) from operations				$ (2,417,068)
NAPW [Member] | Aegis Capital Corp. [Member]
Business Acquisition [Line Items]
Shares issuable upon exercise of warrants		50,000
Exercise price of warrants		$ 4
Fairness of opinion fee		$ 100,000
Advisory fee		$ 374,000
NAPW [Member] | Proman [Member]
Business Acquisition [Line Items]
Number of shares issued in acquisition		5,110,975
Promissory note issued		$ 445,000
Shares issuable upon exercise of warrants		181,250
NAPW [Member] | Proman [Member] | Stock Options [Member]
Business Acquisition [Line Items]
Stock options granted		183,000
Stock options granted, exercise price		$ 3.45
NAPW [Member] | Proman [Member] | Warrant [Member]
Business Acquisition [Line Items]
Shares issuable upon exercise of warrants		50,000
Exercise price of warrants		$ 4
NAPW [Member] | Proman [Member] | Warrant Two [Member]
Business Acquisition [Line Items]
Shares issuable upon exercise of warrants		131,250
Exercise price of warrants		$ 10
NAPW [Member] | Star Jones [Member]
Business Acquisition [Line Items]
Number of shares issued in acquisition		959,096
NAPW [Member] | Christopher Wesser [Member]
Business Acquisition [Line Items]
Number of shares issued in acquisition		239,774

Acquisitions (Schedule of Purch

Acquisitions (Schedule of Purchase Price Allocation) (Details) - USD ($)	1 Months Ended		12 Months Ended
	Nov. 26, 2014	Sep. 24, 2014	Dec. 31, 2015	Dec. 31, 2014
Preliminary Allocation of Purchase Price
Stock options issued (183,000 options)				$ 556,496
Common stock purchase warrants issued (181,250 warrants)				294,342
Promissory note issued				$ 1,389,386
Noble Voice [Member]
Preliminary Allocation of Purchase Price
Promissory note issued			$ 1,389,386
Total consideration	$ 1,389,386
Promissory note issued	1,389,386
Allocated to:
Cash and cash equivalents	439,156
Accounts receivable	2,248,537
Prepaid expenses and other current assets	23,026
Property and equipment	13,040
Security deposits	16,476
Accounts payable	(1,111,669)
Accrued expenses	(186,638)
Deferred tax liability	(272,586)
Net assets acquired (liabilities assumed)	1,169,342
Excess of purchase price over net tangible assets acquired before allocation to identifiable intangible assets and gain on bargain purchase of business	$ 220,044
NAPW [Member]
Preliminary Allocation of Purchase Price
Fair value of common stock issued (6,309,845 shares)		$ 35,272,033
Cash consideration paid by the Company		3,555,000
Promissory note issued		434,582
Stock options issued (183,000 options)		556,496
Common stock purchase warrants issued (181,250 warrants)		294,342
Total consideration		$ 40,112,453
Number of shares issued in acquisition		6,309,845
Stock options granted		183,000
Allocated to:
Cash and cash equivalents		$ 5,198
Accounts receivable		353,377
Incremental direct costs		931,126
Prepaid expenses and other current assets		297,904
Property and equipment		795,618
Security deposits		342,190
Merchant reserve		1,528,558
Other assets		159,412
Accounts payable		(6,153,564)
Accrued expenses		(1,954,036)
Deferred revenue		(8,880,000)
Deferred tax liability		(6,193,765)
Merchant cash advances		(447,371)
Capital lease obligations		(22,397)
Net assets acquired (liabilities assumed)		(19,237,750)
Excess of purchase price over net liabilities assumed before allocation to identifiable intangible assets and goodwill		$ 59,350,203

Acquisitions (Schedule of Intan

Acquisitions (Schedule of Intangible Assets and Goodwill) (Details) - USD ($)	1 Months Ended		12 Months Ended
	Nov. 26, 2014	Sep. 24, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill			$ 20,201,190	$ 45,180,531	$ 735,328
Gain on bargain purchase of business				$ (429,956)
Noble Voice [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets	$ 650,000
Gain on bargain purchase of business	(429,956)
Intangible assets after bargain purchase gain	220,044
Noble Voice [Member] | Paid Member/Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets	$ 280,000
Estimated Useful Life (Years)	5 years
Noble Voice [Member] | Developed Technology [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets	$ 330,000
Estimated Useful Life (Years)	3 years
Noble Voice [Member] | Trade Name/Trademarks [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets	$ 40,000
Estimated Useful Life (Years)	4 years
NAPW [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets		$ 14,905,000
Goodwill		44,445,203
Intangible assets and goodwill		59,350,203
NAPW [Member] | Sales Process [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets		$ 3,970,000
Estimated Useful Life (Years)		10 years
NAPW [Member] | Paid Member/Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets		$ 890,000
Estimated Useful Life (Years)		5 years
NAPW [Member] | Member Lists [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets		$ 8,957,000
Estimated Useful Life (Years)		5 years
NAPW [Member] | Developed Technology [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets		$ 648,000
Estimated Useful Life (Years)		3 years
NAPW [Member] | Trade Name/Trademarks [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortizable Intangible Assets		$ 440,000
Estimated Useful Life (Years)		4 years

Acquisitions (Schedule of Pro F

Acquisitions (Schedule of Pro Forma Information) (Details)	12 Months Ended
	Dec. 31, 2014USD ($)$ / sharesshares
Acquisitions [Abstract]
Revenues	$ 42,793,803
Net loss	$ (4,628,737)
Net loss per share: Basic and diluted | $ / shares	$ (0.36)
Weighted average shares outstanding: Basic and diluted | shares	12,788,663

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 746,737	$ 963,567
Less: Accumulated depreciation	(302,339)	(88,798)
Property and equipment, net	444,398	$ 874,769
Write off of property and equipment	191,946
Depreciation expenses	279,455	$ 26,520
Computer hardware [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	371,893	370,442
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	227,828	311,487
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 147,016	$ 281,638

Capitalized Technology (Details

Capitalized Technology (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Capitalized cost:
Balance, beginning of period	$ 1,469,413	$ 1,289,099
Additional capitalized cost	419,359	180,314
Balance, end of period	1,888,772	1,469,413
Accumulated amortization:
Balance, beginning of period	943,343	596,588
Provision for amortization	488,906	346,755
Balance, end of period	1,432,249	943,343
Capitalized Technology, net	$ 456,523	$ 526,070

Intangible Assets (Schedule of

Intangible Assets (Schedule of Intangible Assets) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 15,555,000	$ 15,555,000
Accumulated Amortization	(3,593,561)	(711,175)
Net Carrying Amount	11,961,439	14,843,825
Indefinite-lived intangible assets: Trade Name	90,400	90,400
Intangible assets, net	$ 12,051,839	$ 14,934,225
Sales Process [Member]
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	10 years	10 years
Gross Carrying Amount	$ 3,970,000	$ 3,970,000
Accumulated Amortization	(501,764)	(90,778)
Net Carrying Amount	$ 3,468,236	$ 3,879,222
Paid Member Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	5 years	5 years
Gross Carrying Amount	$ 890,000	$ 890,000
Accumulated Amortization	(224,972)	(46,972)
Net Carrying Amount	$ 665,028	$ 843,028
Member Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	5 years	5 years
Gross Carrying Amount	$ 8,957,000	$ 8,957,000
Accumulated Amortization	(2,264,131)	(472,731)
Net Carrying Amount	$ 6,692,869	$ 8,484,269
Developed Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	3 years	3 years
Gross Carrying Amount	$ 978,000	$ 978,000
Accumulated Amortization	(392,167)	(66,167)
Net Carrying Amount	$ 585,833	$ 911,833
Trade Name/Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	4 years	4 years
Gross Carrying Amount	$ 480,000	$ 480,000
Accumulated Amortization	(149,860)	(29,861)
Net Carrying Amount	$ 330,140	$ 450,139
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Useful Lives (Years)	5 years	5 years
Gross Carrying Amount	$ 280,000	$ 280,000
Accumulated Amortization	(60,667)	(4,666)
Net Carrying Amount	$ 219,333	$ 275,334

Intangible Assets (Schedule o50

Intangible Assets (Schedule of Future Annual Estimated Amortization Expense) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Intangible Assets [Abstract]
2,016	$ 2,868,400
2,017	2,802,233
2,018	2,563,872
2,019	1,846,697
2,020	397,000
Thereafter	1,483,237
Net Carrying Amount	$ 11,961,439	$ 14,843,825

Goodwill (Details)

Goodwill (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Balance at January 1,	$ 45,180,531	$ 735,328
Acquisition of NAPW		$ 44,445,203
Increase in goodwill due to Old NAPW legal settlement	$ 133,693
Impairment expense	(25,113,034)
Balance at December 31,	20,201,190	$ 45,180,531
NAPW Network [Member]
Segment Reporting Information [Line Items]
Balance at January 1,	44,445,203
Impairment expense	(24,717,157)
Balance at December 31,	19,861,739	$ 44,445,203
PDN Network [Member]
Segment Reporting Information [Line Items]
Balance at January 1,	735,328
Impairment expense	(395,877)
Balance at December 31,	$ 339,451	$ 735,328

Note Payable (Details)

Note Payable (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Short-term Debt [Line Items]
Payments of promissory note	$ 1,336,944
Promissory Note reduced	32,281
Promissory note outstanding		$ 1,389,386
Noble Voice [Member]
Short-term Debt [Line Items]
Promissory note issued	1,389,386
Payments of promissory note	1,336,944
Promissory Note reduced	32,281
Promissory note outstanding	$ 0	$ 1,389,386

Promissory Note (Details)

Promissory Note (Details) - USD ($)	1 Months Ended	12 Months Ended
	Sep. 24, 2014	Dec. 31, 2015	Dec. 31, 2014
Short-term Debt [Line Items]
Write off of note payable		$ (20,161)
Interest expense		$ 84,728	$ 3,370
Mr. Proman [Member] | Promissory Note [Member]
Short-term Debt [Line Items]
Debt instrument, face amount	$ 445,000
Maturity date	Aug. 15, 2015	May 15, 2016
Annual interest rate	0.35%
Payment amount	$ 137,500
Expected borrowing rate	4.80%
Note discount	$ 10,418
Imputed annual interest rate	4.45%
Interest expense		$ 9,370	2,993
Amortization of debt discount		10,418	2,604
Promissory note		$ 445,000	$ 437,186
Mr. Proman [Member] | Final Payment [Member] | Promissory Note [Member]
Short-term Debt [Line Items]
Payment amount	$ 32,500

Commitments and Contingencies54

Commitments and Contingencies (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Operating Lease [Line Items]
Write off of property and equipment	$ 191,946
Present value of remaining lease obligations	3,987,613
Rent expense	1,436,902	$ 618,551
Sublease income	$ 345,000	$ 0
Mr. Mecklenburger [Member]
Employment Agreements [Line Items]
Annual salary increase, percent	3.00%
Office space in Los Angeles and Jericho [Member]
Operating Lease [Line Items]
Write off of property and equipment	$ 191,946
Present value of remaining lease obligations	658,551
Office space in Los Angeles and Jericho [Member] | Accrued expenses [Member]
Operating Lease [Line Items]
Present value of remaining lease obligations	232,284
Office space in Los Angeles and Jericho [Member] | Other liabilities [Member]
Operating Lease [Line Items]
Present value of remaining lease obligations	$ 426,267

Commitments and Contingencies55

Commitments and Contingencies (Schedule of Future Minimum Lease Payments) (Details)	Dec. 31, 2015USD ($)
Commitments and Contingencies [Abstract]
2,016	$ 1,422,819
2,017	1,331,495
2,018	1,132,112
2,019	101,187
Total	$ 3,987,613

Commitments and Contingencies56

Commitments and Contingencies (Separation Agreement) (Details) - USD ($)	Jul. 16, 2015	Dec. 31, 2015	Dec. 31, 2014
Mr. Proman [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Severance amount payable	$ 206,250
Duration of separation agreement	1 year
Promissory note	$ 445,000
Stock Options [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Options to purchase common stock		157,190	346,000
Exercise price of options		$ 3.75	$ 3.45
Stock Options [Member] | Mr. Proman [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Options to purchase common stock	183,000
Exercise price of options	$ 3.45
Options forfeited		183,000
Warrants [Member] | Mr. Proman [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Shares issuable upon exercise of warrants	50,000
Exercise price of warrants	$ 4
Warrant Two [Member] | Mr. Proman [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Shares issuable upon exercise of warrants	131,250
Exercise price of warrants	$ 10

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($)	1 Months Ended		2 Months Ended	12 Months Ended
	May. 31, 2015	Apr. 30, 2015	May. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Stockholders' Equity [Abstract]
Preferred stock, shares authorized				1,000,000
Common stock, shares authorized				25,000,000	25,000,000
Common stock, shares outstanding				14,466,513	12,719,689
Stockholders Equity [Line Items]
Sale of common stock in secondary offering, net of offering costs of $655,106, shares		1,670,000	1,745,100
Price per share	$ 3	$ 3	$ 3
Gross proceeds		$ 5,010,000	$ 5,235,300	$ 4,354,894
Net proceeds, after the payment of commissions and legal and other expenses		$ 4,400,000	$ 4,564,400
Underwriters option to purchase an additional shares [Member]
Stockholders Equity [Line Items]
Sale of common stock in secondary offering, net of offering costs of $655,106, shares	75,100
Price per share	$ 3		$ 3
Gross proceeds	$ 225,300
Net proceeds, after the payment of commissions and legal and other expenses	$ 210,000

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($)	Jun. 03, 2015	Mar. 23, 2015	Nov. 26, 2014	Sep. 24, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock expense						$ 341,221	$ 497,994
2013 Equity Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Increase in number of shares authorized for issuance under equity incentive plan	1,800,000
Number of shares authorized for issuance under equity incentive plan						500,000
NAPW [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted				183,000
NAPW [Member] | Aegis Capital Corp. [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants issued				50,000
Exercise price of warrants				$ 4
Fair value of warrants				$ 138,768
NAPW [Member] | Mr. Proman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants issued				181,250
Fair value of warrants				$ 294,342
NAPW [Member] | Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term				5 years
NAPW [Member] | Warrant [Member] | Mr. Proman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants issued				50,000
Exercise price of warrants				$ 4
NAPW [Member] | Warrant Two [Member] | Mr. Proman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants issued				131,250
Exercise price of warrants				$ 10
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted						32,857
Stock options granted, exercise price						$ 4.90
Compensation expense						$ 104,886	67,194
Unrecognized compensation expense						$ 94,382
Period over which compensation expense will be recognized						11 months 8 days
Stock Options [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted		32,857
Fair value of stock options granted		$ 61,443
Stock options granted, exercise price		$ 3.45
Term		10 years
Vesting period		1 year
Compensation expense						$ 46,080
Stock Options [Member] | Certain directors, senior management and employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted					187,000
Fair value of stock options granted					$ 308,350
Stock options granted, exercise price					$ 3.45
Term					10 years
Vesting period					3 years
Compensation expense						$ 58,807	67,194
Stock Options [Member] | NAPW [Member] | Mr. Proman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted				183,000
Fair value of stock options granted				$ 556,496
Stock options granted, exercise price				$ 3.45
Term				10 years
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period						3 years
Compensation expense						$ 341,221	$ 497,994
Unrecognized compensation expense						$ 212,113
Period over which compensation expense will be recognized						1 year 10 months 28 days
Restricted stock granted			300,000
Restricted stock vested			99,999			66,666
Number of shares vested annually						66,667
Fair value of restricted stock granted						$ 1,494,000

Stock-Based Compensation (Sched

Stock-Based Compensation (Schedule of Stock Option Activity) (Details) - Stock Options [Member] - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Number of Options
Outstanding - December 31, 2014	346,000
Granted/Issued	32,857
Exercised
Forfeited or Cancelled	(221,667)
Outstanding - December 31, 2015	157,190	346,000
Exercisable - December 31, 2014	47,668
Weighted Average Exercise Price
Outstanding - December 31, 2014	$ 3.45
Granted/Issued	$ 4.90
Exercised
Forfeited or Cancelled	$ (3.45)
Outstanding - December 31, 2015	3.75	$ 3.45
Exercisable - December 31, 2015	$ 3.45
Weighted Average Remaining Contractual Life (in Years)
Outstanding - December 31, 2015	8 years	9 years 4 months 24 days
Exercisable - December 31, 2015	6 years 7 months 6 days
Average Intrinsic Value
Outstanding - December 31, 2014	$ 491,320
Outstanding - December 31, 2015		$ 491,320
Exercisable - December 31, 2015

Stock-Based Compensation (Sch60

Stock-Based Compensation (Schedule of Unvested Stock Options) (Details) - Stock Options [Member]	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Number of Options
Unvested - December 31, 2013 | shares	163,000
Granted/Issued | shares	32,857
Vested | shares	(47,668)
Forfeited or Canceled | shares	(38,667)
Unvested - December 31, 2014 | shares	109,522
Weighted Average Grant Date Fair Value
Unvested - December 31, 2013 | $ / shares	$ 1.65
Granted/Issued | $ / shares	1.87
Vested | $ / shares	(1.65)
Forfeited or Canceled | $ / shares	2.80
Unvested - December 31, 2014 | $ / shares	$ 1.72

Stock-Based Compensation (Sch61

Stock-Based Compensation (Schedule of Stock Option Fair Value Assumptions) (Details) - Stock Options [Member]	Mar. 23, 2015	Sep. 24, 2014	Mar. 31, 2014
Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	1.41%
Expected dividend yield	0.00%
Expected volatility	39.47%
Expected term	5 years 6 months
Certain directors, senior management and employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate			2.02%
Expected dividend yield			0.00%
Expected volatility			48.14%
Expected term			6 years
Mr. Proman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate		1.82%
Expected dividend yield		0.00%
Expected volatility		41.50%
Expected term		5 years

Stock-Based Compensation (Sch62

Stock-Based Compensation (Schedule of Warrant Activity) (Details) - Warrants [Member]	12 Months Ended
	Dec. 31, 2015USD ($)$ / sharesshares
Number of Warrants
Outstanding - December 31, 2014 | shares	362,500
Weighted Average Exercise Price
Outstanding - December 31, 2014 | $ / shares	$ 8.34
Weighted Average Remaining Contractual Life (in Years)
Outstanding	3 years 6 months
Exercisable - December 31, 2014	4 years 6 months
Aggregate Intrinsic Value
Outstanding - December 31, 2013
Outstanding - December 31, 2014	$ 87,000

Stock-Based Compensation (Sch63

Stock-Based Compensation (Schedule of Warrant Fair Value Assumptions) (Details) - Warrants [Member] - Mr. Proman [Member]	1 Months Ended
	Sep. 24, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	1.82%
Expected dividend yield	0.00%
Expected volatility	41.50%
Expected term	5 years

Stock-Based Compensation (Sch64

Stock-Based Compensation (Schedule of Restricted Stock Activity) (Details) - Restricted Stock [Member] - shares	1 Months Ended	12 Months Ended
	Nov. 26, 2014	Dec. 31, 2015
Number of Shares
Unvested - December 31, 2014		200,001
Granted	300,000
Vested	(99,999)	(66,666)
Forfeited or Canceled		(88,890)
Unvested - December 31, 2015		44,445

Customer Concentration (Details

Customer Concentration (Details) - Customer Concentration Risk [Member]	12 Months Ended
	Dec. 31, 2014
Revenue [Member] | LinkedIn [Member]
Concentration Risk [Line Items]
Concentration risk percentage	4.00%
Revenue [Member] | Apollo Group [Member]
Concentration Risk [Line Items]
Concentration risk percentage	10.00%
Accounts Receivable [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration risk percentage	15.00%
Accounts Receivable [Member] | Customer B [Member]
Concentration Risk [Line Items]
Concentration risk percentage	12.00%

Income Taxes (Schedule of Net D

Income Taxes (Schedule of Net Deferred Tax Assets) (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current deferred tax assets:
Allowance for doubtful accounts
Accrued expenses		$ 58,200
Current deferred tax asset		58,200
Non-current deferred tax assets and liabilities:
Goodwill and intangible assets	$ (4,366,005)	(5,932,461)
Developed technology	(99,530)	(126,516)
Derivative liability	(161,163)	$ (124,773)
Allowance for doubtful accounts	27,160
Accrued expenses	1,455
Property and equipment	91,826	$ (160,361)
Other deferred tax assets	28,928	$ 1,135
Lease liability	255,517
Stock based compensation	392,382	$ 219,293
Net operating loss	4,482,051	$ 3,042,072
Valuation allowance	(5,595,529)
Non-current deferred tax liability	(4,952,908)	$ (3,081,611)
Net deferred tax liability	$ (4,942,908)	$ (3,023,411)

Income Taxes (Schedule of Benef

Income Taxes (Schedule of Benefit for Income Taxes) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Federal:
Current provision
Deferred provision (benefit)	$ 1,682,036	$ (2,641,731)
Total Federal	$ 1,682,036	$ (2,641,731)
State:
Current provision
Deferred provision (benefit)	$ 237,461	$ (420,377)
Total State	237,461	(420,377)
Income tax expense (benefit)	$ 1,919,497	$ (3,062,108)

Income Taxes (Reconciliation of

Income Taxes (Reconciliation of Statutory Federal Income Tax Rate) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Taxes [Abstract]
Expected federal statutory rate	34.00%	34.00%
State income taxes, net of federal benefits	4.80%	4.80%
Effect of tax rate changes	0.00%	3.81%
Impairment expense	(28.31%)	0.00%
Valuation allowance	(16.52%)	0.00%
Meals and entertainment	(0.05%)	(0.17%)
Gain on bargain purchase option	0.00%	2.50%
Tax exempt interest income	0.00%	0.92%
Other	0.41%	0.06%
Effective income tax rate	(5.67%)	45.92%
Change in valuation allowance	$ 5,596,000
Net operating loss carryforwards	$ 11,552,000
Expiration of operating loss carryforwards	Dec. 31, 2024

Segment Information (Details)

Segment Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Membership fees and related services	$ 24,962,795	$ 5,932,138
Lead generation	9,499,203	1,061,041
Recruitment services	3,123,537	2,920,791
Product sales and other	748,648	237,818
Consumer advertising and consumer marketing solutions	280,043	1,491,943
Total revenues	38,614,226	11,643,731
(Loss) income from operations	(33,931,811)	(5,597,570)
Depreciation and amortization	3,650,747	1,084,451
Income tax (benefit) expense	1,919,497	(3,062,108)
Capital expenditures	84,237	37,850
Net (loss) income	(35,795,554)	(3,658,076)
Goodwill	20,201,190	45,180,531	$ 735,328
Intangible assets, net	12,051,839	14,934,225
Total assets	$ 41,427,816	$ 74,592,472
PDN Network [Member]
Segment Reporting Information [Line Items]
Membership fees and related services
Lead generation
Recruitment services	$ 3,123,537	$ 2,920,791
Product sales and other
Consumer advertising and consumer marketing solutions	$ 280,043	$ 1,491,943
Total revenues	3,403,580	4,412,734
(Loss) income from operations	(2,489,968)	(3,609,397)
Depreciation and amortization	378,936	369,314
Income tax (benefit) expense	2,429,932	(3,320,079)
Capital expenditures		37,850
Net (loss) income	(4,884,307)	(1,411,932)
Goodwill	339,451	735,328
Intangible assets, net	90,400	90,400
Total assets	4,167,229	9,059,403
NAPW Network [Member]
Segment Reporting Information [Line Items]
Membership fees and related services	$ 24,962,795	$ 5,932,138
Lead generation
Recruitment services
Product sales and other	$ 748,648	$ 237,818
Consumer advertising and consumer marketing solutions
Total revenues	$ 25,711,443	$ 6,169,956
(Loss) income from operations	(30,289,825)	(2,417,068)
Depreciation and amortization	3,089,355	700,099
Income tax (benefit) expense	(429,316)	$ 258,831
Capital expenditures	39,463
Net (loss) income	(29,860,509)	$ (2,675,449)
Goodwill	19,861,739	44,445,203
Intangible assets, net	11,502,106	14,208,492
Total assets	$ 34,985,831	$ 62,213,575
Noble Voice [Member]
Segment Reporting Information [Line Items]
Membership fees and related services
Lead generation	$ 9,499,203	$ 1,061,041
Recruitment services
Product sales and other
Consumer advertising and consumer marketing solutions
Total revenues	$ 9,499,203	$ 1,061,041
(Loss) income from operations	(1,152,018)	428,895
Depreciation and amortization	182,456	15,038
Income tax (benefit) expense	(81,119)	$ (410)
Capital expenditures	44,774
Net (loss) income	$ (1,050,738)	$ 429,305
Goodwill
Intangible assets, net	$ 459,333	$ 635,333
Total assets	$ 2,274,756	$ 3,319,494

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	1 Months Ended
	Mar. 28, 2016	May. 31, 2015	Apr. 30, 2015
Subsequent Event [Line Items]
Price per share		$ 3	$ 3
Subsequent Event [Member] | Pro Rata Warrants [Member]
Subsequent Event [Line Items]
Shares issuable upon exercise of warrants	1,750,000
Exercise price of warrants	$ 0.25
Subsequent Event [Member] | Fixed $0.25 Warrants [Member]
Subsequent Event [Line Items]
Shares issuable upon exercise of warrants	1,000,000
Exercise price of warrants	$ 0.25
Subsequent Event [Member] | Fixed $2.50 Warrants [Member]
Subsequent Event [Line Items]
Shares issuable upon exercise of warrants	1,000,000
Exercise price of warrants	$ 2.50
Subsequent Event [Member] | White Winston Select Asset Funds, LLC [Member] | Minimum [Member]
Subsequent Event [Line Items]
Common stock ownership threshhold percentage	10.00%
Subsequent Event [Member] | White Winston Select Asset Funds, LLC [Member] | Line of Credit [Member]
Subsequent Event [Line Items]
Line of credit facililty initiation date	Mar. 1, 2016
Line of credit facililty aggregate amount	$ 5,000,000
Line of credit facililty maturity date	Mar. 31, 2018
Line of credit facililty description	The closing of the Master Credit Facility (the “Closing”) is subject to the receipt of required regulatory approvals. The Facility is issued at 97% of par value (the “Debt Discount”), with such Debt Discount deducted from the gross amount of the proceeds available under the Facility at Closing. White Winston shall make advances under the Facility provided that the aggregate principal amount outstanding under the Facility shall not exceed 75% of the then-outstanding balance of the Company's customer receivables (as defined in the Facility).
Line of credit facililty interest rate	8.00%
Line of credit facililty covenant terms	In addition, from and after the first anniversary of the date of the Facility and continuing until the Facility is repaid in full, the Company is required to pay an additional fee of 3.0% on the average daily unborrowed portion of the Facility.