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Condensed Consolidated Statement of Cash Flows - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Cash flows from operating activities:      
Net loss $ (14,591,223) $ (5,058,434) $ (27,545,255)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 518,944 107,223 623,884
Amortization 5,226,119 2,370,996 6,943,300
Amortization of right-of-use asset 267,835 27,676 135,542
Gain on sale of fixed assets (663) (197,789) (98,410)
Stock based compensation   351,992 258,256
Amortization of debt discounts and debt issuance costs 1,210,047 8,458,341
Other, net (18,927) 26,285 525,307
Deferred income taxes     (4,137,900)
Loss on conversion of debt     2,640,000
Net loss on extinguishment of debt     434,774
Changes in assets and liabilities:      
Accounts receivable 427,641 520,209 (26,992)
Receivables- related party     (4,876,258)
Inventory 232,083 87,109 (1,136,012)
Prepaids 578,252 (515,214) (767,355)
Other current assets 39,123 (1,352,985) (93,289)
Accounts payable 2,534,517 (1,227,720) (1,141,823)
Accrued liabilities 966,657 1,250,177 2,295,273
Accrued interest 542,101 854,524 1,109,252
Deferred revenue (12,837) 9,826,112
Operating lease liabilities (150,320) 29,227 (123,534)
Advances from related party (68,707) 1,111,863  
Other current liabilities 853,625 75,328 (156,460)
Net cash (used in) operating activities (1,432,896) (1,552,370) (6,853,247)
Cash flows from investing activities:      
Acquisition of net assets (253,773)  
Sale of property and equipment   396,395  
Cash acquired from acquisitions 1,629,519 2,925,273
Purchases of property and equipment (34,065) (87,038)
Note Receivable for Acquisition (250,000)  
Proceeds from disposal of property and equipment 663  
Net cash (used in) provided by investing activities (537,175) 2,025,914 2,838,235
Cash flows from financing activities:      
Principal payment on finance lease (3,413)  
Debt issuance costs (48,500)   (80,000)
Proceeds from issuance of debt 4,079,548 6,249,170
Repayment of debt (2,501,331) 7,692 (1,808,323)
Proceeds from issuance of common stock     5,000
Proceeds from issuance of related party debt     485,000
Net cash provided by financing activities 1,526,304 7,692 4,850,847
Effect of exchange rates on cash     (23,383)
Net (decrease)/increase in cash and cash equivalents (443,767) 481,236 812,452
Cash and cash equivalents, beginning of period 812,452
Cash and cash equivalents, end of period 368,685 481,236 812,452
Supplemental disclosures of cash flow information:      
Taxes
Interest 351,956
Non-cash investing and financing activities:      
Issuance of preferred stock for VEO, Inc. acquisition 13,215,000 13,215,000
Issuance of preferred stock for InduraPower, Inc. acquisition 7,048,000 7,048,000
Issuance of preferred stock for Silver Bullet Technology, Inc. acquisition 2,643,000 2,643,000
Issuance of common stock for Lextrum, Inc. acquisition 16,162,064  
Issuance of common stock for DragonWave-X LLC acquisition 42,081,392 58,243,456
Recognition of right-of-use operating lease asset and liability 517,208 2,335,224
Recognition of operating right-of-use asset and liability rent abatement 101,438  
Debt incurred to sellers for Fast Plastics Parts LLC and Spring Creek Manufacturing, Inc. acquisition 575,574  
Issuance of founder shares at inception 2,789 2,789
Common stock issued for payment of accounts payable 193,160  
Common stock issued as debt issuance costs $ 211,176 7,805,612
Common stock issued for cashless exercise of warrants     33,725
Common stock issued for conversion of senior convertible debentures     3,725,498
Common stock issued in debt conversion     704,000
Warrants issued for services     4,074,330
Warrants issued in conjunction with debt agreements     3,138,667
Beneficial conversion feature     $ 855,549