Financial Condition

3 Months Ended

Mar. 31, 2018

Substantial Doubt about Going Concern [Text Block]

Note 1. Financial Condition

As reflected in the accompanying consolidated financial statements, Pareteum Corporation (“Pareteum,” the “Company,” “we,” “us,” or “our”) (NYSE American: TEUM) reported a loss of $2,134,101 for the period ended March 31, 2018 and had an accumulated deficit of $301,667,314 as of March 31, 2018.

The Company’s financial statements through March 31, 2018 were materially impacted by several warrant exercises.

Warrant Exercises

Through March 31, 2018, 4,817,784 warrants were exercised on a cash and a cashless basis pursuant to which 4,250,748 shares of common stock were issued and a total of $2,489,329 was received by the Company.