Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Operations

v3.19.2
Consolidated Statement of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
SERVICE REVENUES $ 1,873,997 $ 889,295 $ 3,566,072 $ 1,527,853
COST OF REVENUE 2,528,781 953,907 4,824,562 1,443,121
GROSS PROFIT (LOSS) (654,784) (64,612) (1,258,490) 84,732
OPERATING EXPENSES        
Research and development expenses 63,971 0 178,132 0
Selling, general and administrative expenses 3,341,601 1,354,906 6,252,398 1,851,017
Depreciation and amortization 84,177 45,487 163,409 90,827
TOTAL OPERATING EXPENSES 3,489,749 1,400,393 6,593,939 1,941,844
OPERATING LOSS (4,144,533) (1,465,005) (7,852,429) (1,857,112)
Interest income (expense), net 718 (328,393) (1,081,499) (328,393)
LOSS FROM CONTINUING OPERATIONS (4,143,815) (1,793,398) (8,933,928) (2,185,505)
INCOME FROM DISCONTINUED OPERATIONS 151,565 0 460,943 0
NET LOSS (3,992,250) (1,793,398) (8,472,985) (2,185,505)
Deemed dividend on exchange of warrants (316,861) 0 (316,861) 0
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (4,309,111) $ (1,793,398) $ (8,789,846) $ (2,185,505)
LOSS PER SHARE FROM CONTINUING OPERATIONS:        
Basic $ (3.12) $ (6.08) $ (7.65) $ (7.70)
Diluted (3.12) (6.08) (7.65) (7.70)
EARNINGS PER SHARE FROM DISCONTINUED OPERATIONS:        
Basic 0.11 .00 0.39 .00
Diluted 0.11 .00 0.39 .00
NET LOSS PER SHARE:        
Basic (3.24) (6.08) (7.53) (7.70)
Diluted $ (3.24) $ (6.08) $ (7.53) $ (7.70)
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic 1,328,654 294,973 1,167,432 283,909
Diluted 1,328,654 294,973 1,167,432 283,909