Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.5.0.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2016
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of Concentration of Revenue and Geographic Area

 

For the Three Months Ended September 30, 2016

 

For the Three Months Ended September 30, 2015

Licensor

 

License Amount

 

% of Revenue

 

Licensor

 

License Amount

 

% of Revenue

 

 

 

 

 

 

 

Orthophoenix LLC

 

$

2,050,000 

 

32%

 

 

 

 

 

 

 

IP Liquidity Ventures, LLC

 

$

1,800,000 

 

28%

 

 

 

 

 

 

 

TLI Communications LLC / TLI Cummications GmbH

 

$

800,000 

 

13%

 

 

 

 

 

 

 

Clouding Corp.

 

$

500,000 

 

8%

 

 

 

 

 

 

 

Signal IP, Inc.

 

$

400,000 

 

6%

 

 

Total

 

0%

 

 

 

Total

 

87%

 

 

Schedule of pending lawsuits against defendants

 

United States

 

Number of  
Cases

 

District of Delaware

 

5

 

Eastern District of Michigan

 

1

 

Central District of California

 

1

 

 

Foreign

 

Number of 
Cases

 

Germany

 

9

 

France

 

3

 

Italy

 

3

 

 

Schedule of computation of basic and diluted earnings (loss) per share

 

 

 

For the Three
Months Ended
September 30,2016

 

For the Three
Months Ended
September 30, 2015

 

For the Nine Months
Ended September 30,
2016

 

For the Nine Months
Ended September 30,
2015

Net income (loss) attributable to Marathon Patent Group, Inc. common shareholders

 

(6,274,410)

 

(3,750,468)

 

(2,261,542)

 

(13,034,736)

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

Weighted Average Common Shares - Basic and Diluted

 

15,047,141 

 

14,376,118 

 

14,944,852 

 

14,094,891

 

 

 

 

 

 

 

 

 

Earnings (Loss) per common share:

 

 

 

 

 

 

 

 

Income (Loss) - Basic and Diluted

 

$

(0.42)

 

$

(0.26)

 

$

(0.15)

 

$

(0.92)