XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenues $ 601,042 $ 2,830,254 $ 4,019,877 $ 8,922,869
Cost of revenues 274,518 2,727,310 2,779,838 7,849,948
Gross margin 326,524 102,944 1,240,039 1,072,921
Operating expenses        
Share-based compensation 269,925 55,407 310,522 243,100
Salaries and benefits 258,702 269,655 725,038 867,886
Consulting fees 145,190 134,094 371,350 351,939
General and administrative 254,196 235,287 706,135 629,183
Total operating expenses 926,055 694,443 2,111,087 2,092,107
Loss from operations (599,531) (591,499) (871,048) (1,019,186)
Other income (expenses)        
Interest expense (144,295) (74,874) (456,835) (229,576)
Other income 10,000
Total other expenses (144,295) (74,874) (446,835) (229,576)
Loss before income tax provision (743,826) (666,373) (1,317,883) (582,389)
Income tax provision
Net loss (743,826) (666,373) (1,317,883) (1,248,762)
Series A Preferred dividends 33,174 33,174
Net loss attributable to common stockholders $ (710,652) $ (666,373) $ (1,284,709) $ (1,248,762)
Loss per share - basic $ (0.20) $ (0.19) $ (0.37) $ (0.36)
Loss per share - diluted $ (0.20) $ (0.19) $ (0.37) $ (0.36)
Weighted average common shares outstanding - basic 3,506,752 3,506,752 3,506,752 3,506,752
Weighted average common shares outstanding - diluted 3,506,752 3,506,752 3,506,752 3,506,752