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Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (10,682,464) $ (5,088,430)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 479,337 136,403
Bad debt provision 0 42,057
Amortization of debt discount 176,000 638,370
Stock based compensation 1,988,388 709,000
Non-cash interest expense 23,869 0
Changes in operating assets and liabilities:    
Accounts receivable (218,676) (138,582)
Contract assets (183,716) 0
Prepaid expenses and other current assets (73,955) (39,844)
Accounts payable and accrued expenses (1,029,485) 565,286
Accrued interest 0 70,803
Deferred income (213,218) 125,174
Contract liabilities (332,679) 0
NET CASH USED IN OPERATING ACTIVITIES (10,066,599) (2,979,763)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of fixed assets (49,707) (6,600)
Capitalization of software costs (340,608) (317,019)
Cash received upon acquisition 4,947,023 0
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 4,556,708 (323,619)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment under loan payable obligations (36,329) 0
Proceeds from the sale of common stock 300,000 0
Proceeds from the sale of Series H-4 preferred stock and warrants 6,000,000 0
Financing costs from the sale of Series H-4 preferred stock and warrants (101,661) 0
Proceeds from issuance of common stock in connection with exercise of H-4 warrants 936,423 0
Proceeds from issuance of Series A Preferred Stock and subscription receivable 0 219,969
Proceeds from issuance of convertible notes and warrants 0 3,340,000
Offering costs - Convertible Notes 0 (263,200)
NET CASH PROVIDED BY FINANCING ACTIVITIES 7,098,433 3,296,769
Net increase (decrease) in cash 1,588,542 (6,613)
Cash, beginning of period 372,011 51,366
Cash, end of period 1,960,553 44,753
NON-CASH FINANCING ACTIVITIES:    
Fair value of stock warrants issued with convertible notes 0 1,395,707
Fair value of common stock sold to founders 0 684,000
Stock issued to WPCS Shareholder in the merger net of cash received of $4,947,023 4,845,200 0
Series H-4 offering cost paid in H-4 shares and warrants 568,468 0
Stock issued for convertible note payable 3,682,502 0
Stock issued for accrued interest on convertible note payable 159,584 0
Deemed dividends on warrant issuances $ 1,335,901 $ 0