$STTK **10Q DD** HUGE!!
An increase in advertising revenues to $386,810 for Q2 2014 versus $292,095 for Q2 2013.
A reduction in cost of revenue to $299,185 for Q2 2014 versus $411,818 for Q2 2013.
An increase in gross profit to $95,875 for Q2 2014 versus a loss of ($30,641) for Q2 2013.
A reduction in operating expenses to $315,056 for Q2 2014 versus $492,644 for Q2 2013.
An increase in listening hours to 3,386,591 for Q2 2014, from 2,222,296 for Q2 2013 of, a quarter over quarter increase of over 52%.
11.4 cents revenue per listening hour in Q2 2014 compared to 6.7 cents in Q2 2013, a quarter over quarter increase of over 69%.
138,314 registered members as of 2/28/14 compared to 106,609 registered members as of 2/28/13, a year over year increase of over 29%.
5,456 active radio stations as of 2/28/14, compared to 1,344 active stations as of 2/28/13, a year over year increase of over 410%.
25,178,367 video impressions served in Q2 2014 compared to 12,618,338 in Q2 2013, a year over year increase of nearly 100%.
Completion of core development work associated with the launch of an artist-based broadcasting platform.
