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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
REVENUE $ 3,883,105 $ 2,606,653 $ 8,300,038 $ 5,568,224
COST OF REVENUES 3,446,900 1,962,725 7,173,029 4,703,784
GROSS PROFIT 436,205 643,928 1,127,009 864,440
OPERATING EXPENSES (INCOME)        
Salaries and salary related costs 453,174 559,208 1,553,215 1,177,855
Stock based compensation 2,278 5,590,485
Professional fees 620,284 1,207,231 2,650,840 2,131,902
Depreciation and amortization 193,824 426,337 580,529 674,879
General and administrative expenses 318,470 268,534 1,089,747 682,583
Intangible asset impairment 5,508,595 5,508,595
Goodwill impairment 4,853,142 4,853,142 15,669,287
Total Operating expenses 11,947,489 2,463,588 16,236,068 25,926,991
OPERATING LOSS (11,511,284) (1,819,660) (15,109,059) (25,062,551)
OTHER INCOME (EXPENSE)        
Change in fair value of derivative liability 23,609 17,500 33,261
Interest expense, net of interest income (1,520,478) (237,895) (2,764,744) (676,726)
Loss on sale of equipment (88,148) (88,148)
Gain on sale of customer contracts 370,000 370,000
Other income (expenses), net 2,547 38,047 214,175 141,468
Loss on extinguishment of convertible debt and issuance of Series B Preferred Stock (806,920) (806,920)
Loss on extinguishment of convertible debt and issuance of common share rights (116,591,322) (116,591,322)
Total other income (expense), net (2,042,999) (116,767,561) (3,058,137) (117,093,319)
Provision for income taxes
NET LOSS (13,554,283) (118,587,221) (18,167,196) (142,155,870)
DEEMED DIVIDENDS ATTRIBUTABLE TO ACCRETION OF SERIES B PREFERRED STOCK TO REDEMPTION VALUE (145,473) (4,103,849)
DEEMED DIVIDEND RELATED TO ISSUANCE OF WARRANTS (862,289)
Net loss attributable to common stockholders $ (13,699,756) $ (118,587,221) $ (23,133,334) $ (142,155,870)
Net income (loss) per share, basic $ (0.06) $ (0.65) $ (0.10) $ (1.05)
Net income (loss) per share, diluted $ (0.06) $ (0.65) $ (0.10) $ (1.05)
Weighted-average common shares outstanding - basic 222,067,042 181,683,636 222,067,042 135,720,702
Weighted-average common shares outstanding - diluted 222,067,042 181,683,636 222,067,042 135,720,702