Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.3
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 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

September 30,

   

Nine Months Ended

September 30,

 
    2019     2018     2019     2018  
Subscription services   $ 790,021     $ 1,118,544     $ 2,248,403     $ 3,758,099  
Services on-demand     305,299       270,590       1,192,904       1,197,107  
Total revenues (1)(2)   $ 1,095,320     $ 1,389,134     $ 3,441,307     $ 4,955,206  

 

(1) Represents revenues recognized by all types of services.

 

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

 

The following presents our revenues from B2C and B2B customers.

 

   

Three Months Ended

September 30,

   

Nine Months Ended

September 30,

 
    2019     2018     2019     2018  
B2C   $ 861,494     $ 1,164,093     $ 2,515,178     $ 4,244,682  
B2B     233,826       225,041       926,129       710,524  
Total revenues   $ 1,095,320     $ 1,389,134     $ 3,441,307     $ 4,955,206  
Schedule of antidilutive securities excluded from computation of earnings per share
    As of September 30,  
    2019     2018  
Common stock equivalents:            
Common stock options     380,396       156,880  
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       3,726,055