• Filing Date: 2016-03-30
  • Form Type: 10-K
  • Description: Annual report
v3.3.1.900
10. SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of segment information

Fiscal 2014

 

   Ace Marketing & Promotions, Inc.   Mobiquity Networks Inc.   Total 
Net sales  $3,108,450   $149,500   $3,257,950 
Operating (loss), excluding depreciation   (5,129,335)   (4,544,851)   (9,674,186)
Interest income   164        164 
Interest (expense)   (251,394)       (251,394)
Other income (expense)   (322,000)       (322,000)
Depreciation and amortization   (113,058)   (149,129)   (262,187)
Comprehensive Loss   (5,815,623)   (4,693,980)   (10,509,603)
Total assets at December 31, 2014   2,436,604    397,364    2,833,968 

 

Fiscal 2015

 

   Ace Marketing & Promotions, Inc.   Mobiquity Networks Inc.   Total 
Net sales  $2,491,875       $2,491,875 
Operating (loss), excluding depreciation   (835,230)   (8,432,261)   (9,267,491)
Interest income   41        41 
Interest (expense)   (996,011)       (996,011))
Depreciation and amortization   (48,014)   (144,941)   (192,955)
Comprehensive Loss   (1,879,214)   (8,577,202)   (10,456,416)
Total assets at December 31, 2015   3,038,728    292,442    3,331,170