Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2019
Accounting Policies [Abstract]  
Disaggregation of revenue

The following table presents our revenues from contracts with customers disaggregated by revenue source.

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2019     2018     2019     2018  
Subscription services   $ 796,917     $ 1,282,961     $ 1,458,381     $ 2,639,556  
Services on-demand     449,627       591,036       887,606       926,516  
Total revenues (1)(2)   $ 1,246,544     $ 1,873,997     $ 2,345,987     $ 3,566,072  

 

(1)  Represents revenues recognized by type of services.

 

(2)  All revenues are generated in the United States.

 

The following presents our revenues from B2C and B2B customers.

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2019     2018     2019     2018  
    B2C    $ 889,707     $ 1,622,065     $ 1,653,684     $ 3,080,589  
    B2B      356,837       251,932       692,303       485,483  

 

     Total revenues

 

  $ 1,246,544     $ 1,873,997     $ 2,345,987     $ 3,566,072  

 

Schedule of antidilutive securities excluded from computation of earnings per share
    As of June 30,  
    2019     2018  
Common stock equivalents:            
Common stock options     380,396       202,058  
Series A, H-1, H-3, H-4, I, J and Merger common stock purchase warrants     585,306       585,307  
Series H, H-3, and H-4 Convertible Preferred Stock     338,069       2,739,225  
Restricted shares (unvested)     -       244,643  
Totals     1,303,771       3,771,233