General form of registration statement for all companies including face-amount certificate companies

Consolidated Statements of Operations (Unaudited)

v2.4.0.8
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended 8 Months Ended 12 Months Ended 20 Months Ended 26 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2011
Dec. 31, 2012
Dec. 31, 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    2,676,462 2,676,462 4,144,490
Consulting fees 130,685 27,171 175,909 1,856,594    2,042,144 2,042,144 2,218,053
Professional fees 289,752 107,464 448,224 370,203 4,605 510,112 514,717 962,941
General and administrative 122,976 68,069 206,982 192,538 5,243 312,244 317,487 524,469
Total operating expenses 1,584,766 284,153 2,299,143 3,341,727 9,848 5,540,962 5,550,810 7,849,953
Operating loss from continuing operations (820,092) (284,153) (1,534,469) (3,341,727) (9,848) (5,540,962) (5,550,810) (7,085,279)
Other income (expenses)                
Other income          125,000    125,000 125,000 125,000
Realized loss other than temporary decline - available for sale                (112,500) (112,500) (112,500)
Interest expense (229)    (459)       (153) (153) (612)
Interest income 349 173 640 173    978 978 1,618
Total other income 120 173 181 125,173    13,325 13,325 13,506
Loss from continuing operations before provision for income taxes (819,972) (283,980) (1,534,288) (3,216,554) (9,848) (5,527,637) (5,537,485) (7,071,773)
Provision for income taxes                        
Loss from continuing operations (819,972) (283,980) (1,534,288) (3,216,554) (9,848) (5,527,637) (5,537,485) (7,071,773)
Discontinued operations:                
Income (loss) from discontinued operations, net of tax 9,473 (1,302,620) 118,253 (1,329,925) (99,474) (1,410,671) (1,510,145) (1,391,892)
Net loss (810,499) (1,586,600) (1,416,035) (4,546,479) (109,322) (6,938,308) (7,047,630) (8,463,665)
Less: Net loss attributable to non-controlling interest    101    101    10,496 10,496 10,496
Net loss attributable to Marathon Patent Group, Inc. $ (810,499) $ (1,586,499) $ (1,416,035) $ (4,546,378) $ (109,322) $ (6,927,812) $ (7,037,134) $ (8,453,169)
Loss per common share, basic and diluted:                
Loss from continuing operations $ (0.19) $ (0.09) $ (0.40) $ (1.16) $ 0.00 $ (0.15) $ (0.22) $ (2.94)
Loss from discontinued operations $ 0.00 $ (0.41) $ 0.03 $ (0.48) $ (0.01) $ (0.04) $ (0.06) $ (0.58)
Income Loss From Operations Basic And Diluted $ (0.19) $ (0.50) $ (0.37) $ (1.64) $ (0.01) $ (0.19) $ (0.28) $ (3.51)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - Basic and Diluted 4,249,120 3,174,716 3,874,283 2,774,609 7,469,388 36,238,712 24,948,719 2,409,025