Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Operations

v3.20.1
Consolidated Statement of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
OPERATING EXPENSES    
General and administrative expenses $ 2,477,160 $ 2,230,634
TOTAL OPERATING EXPENSES 2,477,160 2,230,634
OPERATING LOSS (2,477,160) (2,230,634)
Interest expense 0 (672,144)
LOSS FROM CONTINUING OPERATIONS (2,477,160) (2,902,778)
DISCONTINUED OPERATIONS    
Loss from operations of discontinued components, net of taxes (2,425,223) (11,676,667)
Loss on sale of component, net of taxes 0 (4,169,718)
LOSS ON DISCONTINUED OPERATIONS (2,425,223) (15,846,385)
NET LOSS (4,902,383) (18,749,163)
Deemed dividend on Series H-4 warrant and preferred stock modification (57,875) 0
Deemed dividend on exchange of warrants 0 (1,399,661)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS (4,960,258) (20,148,824)
AMOUNTS ATTRIBUTABLE TO COMMON STOCKHOLDERS    
Loss from continuing operations (2,535,035) (4,302,439)
Loss from discontinued operations (2,425,223) (15,846,385)
NET LOSS $ (4,960,258) $ (20,148,824)
LOSS PER SHARE FROM CONTINUING OPERATIONS:    
Continuing operations $ (0.72) $ (3.18)
Discontinued operations (0.72) (3.18)
LOSS PER SHARE FROM DISCONTINUED OPERATIONS:    
Basic (0.68) (11.71)
Diluted (0.68) (11.71)
NET LOSS PER SHARE:    
Basic (1.40) (14.89)
Diluted $ (1.40) $ (14.89)
WEIGHTED AVERAGE SHARES OUTSTANDING    
Basic 3,541,511 1,352,826
Diluted 3,541,511 1,352,826