| Segment reporting |
The following
tables summarize segment information for the three and nine months ended June 30, 2015 and 2014:
| |
|
Three
Months Ended June 30, |
|
|
Nine
Months Ended June 30, |
|
| |
|
2015 |
|
|
2014 |
|
|
2015 |
|
|
2014 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Marketplace platform |
|
$ |
2,565,330 |
|
|
$ |
2,197,324 |
|
|
$ |
14,042,094 |
|
|
$ |
2,361,716 |
|
| Services |
|
|
374,075 |
|
|
|
477,082 |
|
|
|
1,168,342 |
|
|
|
1,584,181 |
|
| |
|
$ |
2,939,405 |
|
|
$ |
2,674,406 |
|
|
$ |
15,210,436 |
|
|
$ |
3,945,897 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Gross profit (loss) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Marketplace platform |
|
$ |
809,253 |
|
|
$ |
(111,149 |
) |
|
$ |
5,268,391 |
|
|
$ |
(99,750 |
) |
| Services |
|
|
333,793 |
|
|
|
406,097 |
|
|
|
1,046,707 |
|
|
|
1,299,182 |
|
| |
|
$ |
1,143,046 |
|
|
$ |
294,948 |
|
|
$ |
6,315,098 |
|
|
$ |
1,199,432 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating income (loss) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Marketplace platform |
|
$ |
(4,414,858 |
) |
|
$ |
(1,801,774 |
) |
|
$ |
(6,954,605 |
) |
|
$ |
(3,679,769 |
) |
| Services |
|
|
271,221 |
|
|
|
330,239 |
|
|
|
853,739 |
|
|
|
811,643 |
|
| |
|
$ |
(4,143,637 |
) |
|
$ |
(1,471,535 |
) |
|
$ |
(6,100,866 |
) |
|
$ |
(2,868,126 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Marketplace platform |
|
$ |
165,205 |
|
|
$ |
123,119 |
|
|
$ |
490,659 |
|
|
$ |
325,134 |
|
| Services |
|
|
3,347 |
|
|
|
4,396 |
|
|
|
10,040 |
|
|
|
13,618 |
|
| |
|
$ |
168,552 |
|
|
$ |
127,515 |
|
|
$ |
500,699 |
|
|
$ |
338,752 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Marketplace platform |
|
$ |
5,678 |
|
|
$ |
172,708 |
|
|
$ |
4,202,622 |
|
|
$ |
284,082 |
|
| Services |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
| |
|
$ |
5,678 |
|
|
$ |
172,708 |
|
|
$ |
4,202,622 |
|
|
$ |
284,082 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Marketplace platform |
|
$ |
(4,479,612 |
) |
|
$ |
(1,994,740 |
) |
|
$ |
(11,104,784 |
) |
|
$ |
(3,862,580 |
) |
| Services |
|
|
271,221 |
|
|
|
452,839 |
|
|
|
853,739 |
|
|
|
936,667 |
|
| |
|
$ |
(4,208,391 |
) |
|
$ |
(1,541,901 |
) |
|
$ |
(10,251,045 |
) |
|
$ |
(2,925,913 |
) |
| |
|
As of |
|
|
As of |
|
| |
|
June 30, |
|
|
September 30, |
|
| |
|
2015 |
|
|
2014 |
|
| Total Assets |
|
|
|
|
|
|
|
|
| Marketplace platform |
|
$ |
15,297,836 |
|
|
$ |
18,118,425 |
|
| Services |
|
|
163,361 |
|
|
|
171,021 |
|
| |
|
$ |
15,461,197 |
|
|
$ |
18,289,446 |
|
| |
|
|
|
|
|
|
|
|
| Intangible assets |
|
|
|
|
|
|
|
|
| Marketplace platform |
|
$ |
4,892,586 |
|
|
$ |
4,234,692 |
|
| Services |
|
|
4,605 |
|
|
|
6,422 |
|
| |
|
$ |
4,897,191 |
|
|
$ |
4,241,114 |
|
|