Quarterly report pursuant to sections 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v2.4.0.8
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended 26 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Income Statement [Abstract]          
Revenues $ 1,524,979    $ 1,524,979    $ 1,524,979
Cost of revenues 760,305    760,305    760,305
Gross profit 764,674    764,674    764,674
Expenses          
Compensation and related taxes 1,041,353 81,449 1,468,028 922,392 4,144,490
Consulting fees 130,685 27,171 175,909 1,856,594 2,218,053
Professional fees 289,752 107,464 448,224 370,203 962,941
General and administrative 122,976 68,069 206,982 192,538 524,469
Total operating expenses 1,584,766 284,153 2,299,143 3,341,727 7,849,953
Operating loss from continuing operations (820,092) (284,153) (1,534,469) (3,341,727) (7,085,279)
Other income (expenses)          
Other income          125,000 125,000
Realized loss other than temporary decline - available for sale             (112,500)
Interest expense (229)    (459)    (612)
Interest income 349 173 640 173 1,618
Total other income 120 173 181 125,173 13,506
Loss from continuing operations before provision for income taxes (819,972) (283,980) (1,534,288) (3,216,554) (7,071,773)
Provision for income taxes               
Loss from continuing operations (819,972) (283,980) (1,534,288) (3,216,554) (7,071,773)
Discontinued operations:          
Income (loss) from discontinued operations, net of tax 9,473 (1,302,620) 118,253 (1,329,925) (1,391,892)
Net loss (810,499) (1,586,600) (1,416,035) (4,546,479) (8,463,665)
Less: Net loss attributable to non-controlling interest    101    101 10,496
Net loss attributable to Marathon Patent Group, Inc. $ (810,499) $ (1,586,499) $ (1,416,035) $ (4,546,378) $ (8,453,169)
Loss per common share, basic and diluted:          
Loss from continuing operations $ (0.19) $ (0.09) $ (0.40) $ (1.16) $ (2.94)
Loss from discontinued operations $ 0.00 $ (0.41) $ 0.03 $ (0.48) $ (0.58)
Income Loss From Operations Basic And Diluted $ (0.19) $ (0.50) $ (0.37) $ (1.64) $ (3.51)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - Basic and Diluted 4,249,120 3,174,716 3,874,283 2,774,609 2,409,025