XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash $ 47,699 $ 29,658
Accounts receivable, net 441,248 521,618
Note receivable - related party 227,877
Prepaid expenses and other current assets 607,891 322,286
Total Current Assets 1,096,838 1,101,439
Fixed assets, net 37,786 36,373
Intangible assets, net 582,339 444,584
Goodwill 6,519,347
Restricted cash 28,570 28,746
Long-term investment 1,440 40,603
Right-of-use asset 122,483 126,118
Other assets 3,177 3,196
Total Non-current Assets 7,295,142 679,620
TOTAL ASSETS 8,391,980 1,781,059
Current Liabilities:    
Accounts payable and accrued expenses 1,821,954 1,163,505
Cash overdraft 253,148 188,721
Accrued payroll and related taxes 447,514 327,084
Accrued taxes and duties payable 73,020 46,577
Derivative liability 818,875
Contingent consideration - Rohuma 1,383,954
Contingent consideration - Mimo 656,179
Current portion - lease liability 9,987 8,779
Current portion - long-term debt - related parties 1,855,836 1,843,399
Current portion - long-term debt 280,800 133,761
Current portion - convertible notes payable, net of discounts 256,666
Current portion - convertible debt - long-term debt - related and unrelated parties 85,084 241,334
Total Current Liabilities 7,943,017 3,953,160
Long-term debt, net of current portion 53,199 59,856
Lease liability, net of current portion 121,306 125,219
Total Non-current Liabilities 174,505 185,075
Total Liabilities 8,117,522 4,138,235
Commitments and contingencies
STOCKHOLDERS' EQUITY (DEFICIT)    
Common stock, par value, $0.0001, 300,000,000 shares authorized, 31,094,575 and 27,297,960 issued and outstanding, respectively 3,109 2,730
Additional paid in capital 4,445,026 117,261
Accumulated deficit (4,196,717) (2,504,893)
Accumulated other comprehensive income (loss) 21,582 27,721
Total Stockholders' Equity (Deficit) before Non-controlling Interest 273,005 (2,357,176)
Non-controlling interest 1,453
Total Stockholders' Equity (Deficit) 274,458 (2,357,176)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 8,391,980 1,781,059
Series A Convertible Preferred Stock [Member]    
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock, par value, $0.0001, 10,000,000 shares authorized, Series A Convertible Preferred, 50,000 and 50,000 shares issued and outstanding, respectively $ 5 $ 5