Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Operations

v3.19.3
Consolidated Statement of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
SERVICE REVENUES $ 1,095,320 $ 1,389,134 $ 3,441,307 $ 4,955,206
COST OF REVENUE 963,692 1,789,021 3,206,524 6,613,583
GROSS PROFIT (LOSS) 131,628 (399,887) 234,783 (1,658,377)
OPERATING EXPENSES        
Research and development 43,690 60,299 161,002 238,431
Selling, general and administrative expenses 745,827 2,690,991 3,464,312 8,943,389
Depreciation and amortization 95,360 94,031 302,076 257,440
TOTAL OPERATING EXPENSES 884,877 2,845,321 3,927,390 9,439,260
OPERATING LOSS (753,249) (3,245,208) (3,692,607) (11,097,637)
Other income (expense), net 3,240 171 15,937 (1,081,328)
LOSS FROM CONTINUING OPERATIONS (750,009) (3,245,037) (3,676,670) (12,178,965)
DISCONTINUED OPERATIONS        
Income (loss) from operations of discontinued component 0 (83,736) 0 377,207
INCOME (LOSS) FROM DISCONTINUED OPERATIONS 0 (83,736) 0 377,207
NET LOSS (750,009) (3,328,773) (3,676,670) (11,801,758)
Deemed dividend on exchange of warrants 0 (1,019,040) 0 (1,335,901)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (750,009) $ (4,347,813) $ (3,676,670) $ (13,137,659)
LOSS PER SHARE FROM CONTINUING OPERATIONS:        
Basic $ (0.19) $ (2.26) $ (1.09) $ (9.65)
Diluted (0.19) (2.26) (1.09) (9.65)
(LOSS) EARNINGS PER SHARE FROM DISCONTINUED OPERATIONS:        
Basic .00 (0.06) .00 .30
Diluted .00 (0.06) .00 .30
NET LOSS PER SHARE:        
Basic (0.19) (3.03) (1.09) (10.41)
Diluted $ (0.19) $ (3.03) $ (1.09) $ (10.41)
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic 4,050,006 1,434,963 3,381,026 1,262,409
Diluted 4,050,006 1,434,963 3,381,026 1,262,409