XML 26 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenue:    
Total revenue $ 4,517,379 $ 106,978
Total cost of sales 2,778,911
Gross profit 1,738,468 106,978
Operating expenses:    
Acquisition of subsidiary – transaction costs (Note 3) 190,228
Amortization of operating lease right-of-use assets (Note 15) 72,416
Depreciation and amortization (Note 6 and 7) 473,854 5,614
Directors fees 9,500 4,500
General and administrative (Note 18) 526,914 271,277
Promissory note accretion and interest (Note 10) 37,090
Salaries, wages, consultants and benefits 722,741 618,279
Selling and marketing 369,321 352,770
Stock-based compensation (Note 12) 15,890 595,580
Content and software development (Note 9) 1,014,041 948,334
Total operating expenses 3,394,905 2,833,444
Loss before other income (expense) and income taxes (1,656,437) (2,726,466)
Other income (expense):    
Gain on derivative liability – warrants (Note 12) 44,572
Foreign excha nge gain (loss) 26,008 (9,092)
Impairment of goodwill (Note 8) (13,877,385)
Interest and other income 3,302 8,634
Net loss before income taxes (15,504,512) (2,682,352)
Deferred income tax recovery (Note 14) 850,280 89,521
Net loss after tax (14,654,232) (2,592,831)
Other comprehensive income (loss)
Comprehensive loss $ (14,654,232) $ (2,592,831)
Basic and diluted loss per common share (Note 2) (in dollars per share) $ (0.12) $ (0.04)
Weighted average common shares outstanding, basic (Note 2) (in shares) 121,208,912 72,111,456
Weighted average common shares outstanding, diluted (Note 2) (in shares) 121,208,912 72,111,456
Advertising [Member]    
Revenue:    
Total revenue $ 3,828,914
Content [Member]    
Revenue:    
Total revenue $ 688,465 $ 106,978