Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Operations

v3.19.2
Consolidated Statement of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
SERVICE REVENUES $ 1,389,134 $ 1,269,556 $ 4,955,206 $ 2,797,409
COST OF REVENUE 1,789,021 1,426,874 6,613,583 2,869,995
GROSS LOSS (399,887) (157,318) (1,658,377) (72,586)
OPERATING EXPENSES        
Research and development expenses 60,299 0 238,431 0
Selling, general and administrative expenses 2,690,991 2,319,433 8,943,389 4,170,450
Depreciation and amortization 94,031 45,576 257,440 136,403
TOTAL OPERATING EXPENSES 2,845,321 2,365,009 9,439,260 4,306,853
OPERATING LOSS (3,245,208) (2,522,327) (11,097,637) (4,379,439)
Interest income (expense), net 171 (380,598) (1,081,328) (708,991)
LOSS FROM CONTINUING OPERATIONS (3,245,038) (2,902,925) (12,178,965) (5,088,430)
INCOME FROM DISCONTINUED OPERATIONS (83,736) 0 377,207 0
NET LOSS (3,328,773) (2,902,925) (11,801,758) (5,088,430)
Deemed dividend on exchange of warrants (1,019,040) 0 (1,335,901) 0
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (4,347,813) $ (2,902,925) $ (13,137,659) $ (5,088,430)
LOSS PER SHARE FROM CONTINUING OPERATIONS:        
Basic $ (2.26) $ (8.27) $ (9.65) $ (16.60)
Diluted (2.26) (8.27) (9.65) (16.60)
EARNINGS PER SHARE FROM DISCONTINUED OPERATIONS:        
Basic (0.06) 0.00 0.30 0.00
Diluted (0.06) 0.00 0.30 0.00
NET LOSS PER SHARE:        
Basic (3.03) (8.27) (10.41) (16.60)
Diluted $ (3.03) $ (8.27) $ (10.41) $ (16.60)
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic 1,434,963 351,133 1,262,409 306,563
Diluted 1,434,963 351,133 1,262,409 306,563