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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Accounting Policies [Abstract]    
Schedule of 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  

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

 

    Years ended December 31,  
    2018     2017  
DropCar Operating Subscription Services   $ 4,409,037     $ 3,446,651  
DropCar Operating Services On-Demand     1,668,630       838,863  
Total Revenue(1)(2)   $ 6,077,667     $ 4,285,514  

 

(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.

 

    Years ended December 31,  
    2018     2017  
DropCar Operating B2C   $ 5,019,002     $ 3,829,423  
DropCar Operating B2B     1,058,665       456,091  
DropCar Operating Revenue   $ 6,077,667     $ 4,285,514  

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following securities were excluded from weighted average diluted common shares outstanding for the three and nine months ended September 30, 2019 and 2018 because their inclusion would have been antidilutive.

 

    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  

The following securities were excluded from weighted average diluted common shares outstanding because their inclusion would have been antidilutive.

 

    As of December 31,  
    2018     2017  
Common stock equivalents:                
Common stock options     302,773       -  
Series A, H-1, H-3, H-4, I, J, K and Merger common stock purchase warrants     863,084       -  
Series H, H-3, and H-4 Convertible Preferred Stock     10,502,883       -  
Restricted shares (unvested)     244,643          
Convertible notes     -       136,789  
Series seed preferred stock     -       275,694  
Series A preferred stock     -       611,946  
Totals     11,913,383       1,024,429