Quarterly report pursuant to Section 13 or 15(d)

Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes (Tables)

v3.8.0.1
Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes (Tables)
3 Months Ended
Mar. 31, 2017
Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes  
Schedule of operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes

The following table reconciles operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes, as presented in the unaudited condensed consolidated income statements:

 

 

Three Months Ended March 31,

 

2017

2016

Operating loss

$

(384,394)

$

(181,496)

Interest income

 

28,294

27,247

Interest expense

 

(4,050)

(11,868)

Gain (loss) on investments

 

(81,566)

(21,944)

Loss on disposal of Investor Webcast assets and liabilities

 

-

(345)

Other income (expense)

 

500

(738)

 

Income before income taxes

$

(441,216)

$

(189,144)