XML 16 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Revenues $ 782,009 $ 1,213,928 $ 2,029,599 $ 1,677,842
Operating expenses        
Cost of revenue 248,017 343,030 670,437 455,084
Selling general and administrative 348,117 324,643 652,152 445,686
Payroll expense 588,057 665,647 1,257,166 942,368
Professional fees 213,582 363,871 463,741 493,162
Depreciation and amortization 124,206 160,296 247,646 213,887
Total operating expenses 1,521,979 1,857,487 3,291,142 2,550,187
Loss from operations (739,970) (643,559) (1,261,543) (872,345)
Non-operating income (expense)        
Interest expense (646,354) (190,163) (903,747) (405,574)
Amortization of debt discount (249,823) (419,410) (548,651) (988,867)
Derivative related expenses (1,130,476) (464,501) (1,252,075) (1,586,500)
Change in derivative liability 623,399 (3,461,569) 1,027,308 (5,079,981)
Net non-operating income (expense) (1,403,254) (4,535,643) (1,677,165) (8,060,859)
Loss from continuing operations before income tax (2,143,224) (5,179,202) (2,938,708) (8,933,204)
Income from discontinued operation, net of tax 0 11,194 350,700 11,194
Provision for income tax 0 0 0 0
Consolidated net loss (2,143,224) (5,168,008) (2,588,008) (8,922,010)
Amounts Attributable to Noncontrolling and Controlling Interest        
Consolidated net income (loss) attributable to Noncontrolling interest (7,215) 0 (27,415) 0
Consolidated net loss, controlling interest $ (2,136,009) $ (5,168,008) $ (2,560,593) $ (8,922,010)
Net income (loss) per common share-basic and diluted $ 0 $ (0.01) $ 0 $ (0.01)
Weighted average shares of capital outstanding - basic and diluted 1,906,073,735 1,140,710,865 1,725,314,701 1,092,248,763