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ACQUISITIONS
3 Months Ended
Mar. 31, 2019
Business Combinations [Abstract]  
ACQUISITIONS

9. ACQUISITIONS

 

The following pro forma data for the three months ended March 31, 2018 summarizes the results of operations for the period indicated as if the Enertec acquisition, which closed on May 23, 2018 had been completed as of the beginning of the period presented. The pro forma data gives effect to actual operating results prior to the acquisition. These pro forma amounts do not purport to be indicative of the results that would have been obtained if the acquisition occurred as of the beginning of the period presented or that may be obtained in future periods:

 

    For the Three  
    Months Ended  
    March 31, 2018  
Total Revenue   $ 7,774,229  
Net loss   $ (6,136,615 )
Less: Net loss attributable        
to non-controlling interest     35,431  
Loss available to common shareholders   $ (6,101,184 )
Basic and diluted net loss per common share   $ (3.35 )
Basic and diluted weighted average        
common shares outstanding     1,819,598  
Comprehensive Loss        
Loss available to common shareholders   $ (6,101,184 )
Other comprehensive income (loss)        
Change in net foreign currency        
translation adjustments     26,457  
Net unrealized loss on derivative        
securities of related party     (4,741,114 )
Other comprehensive income (loss)     (4,714,657 )
Total Comprehensive loss   $ (10,815,841 )