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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Sales:        
Sales $ 15,491,196 $ 4,426,626 $ 36,772,212 $ 4,426,626
Related party sales 45,000 45,000 135,000 135,000
Total sales 15,536,196 4,471,626 36,907,212 4,561,626
Cost of goods sold 14,692,250 4,174,374 35,316,203 4,174,374
Gross profit 843,946 297,252 1,591,009 387,252
Operating expenses:        
General and administrative expenses 3,540,659 1,850,055 14,035,900 2,323,713
Marketing expenses 106,305 36,302 376,806 154,216
Acquisition costs 4,050,819 10,966,791 4,050,819
Buyout of joint venture agreement (related party) 11,750,000 11,750,000
Impairment of assets 7,132,286 7,132,286
Total operating expenses 22,529,250 5,937,176 44,261,783 6,528,748
Loss from operations (21,685,304) (5,639,924) (42,670,774) (6,141,496)
Other income (expense):        
Amortization of debt discount 379,679 171,110 849,802 221,323
Change in fair value of derivative liability (2,440,383) 51,151 (2,458,506) 547,188
Interest expense and financing costs 160,726 180,844 289,737 1,700,663
Equity loss in Mobiquity Technologies, Inc. (173,648) (173,648)
Total other income (expense) (3,154,436) (300,803) (3,771,693) (1,374,798)
Loss before income taxes (24,839,740) (5,940,727) (46,442,467) (7,516,294)
Income tax expense
Net loss $ (24,839,740) $ (5,940,727) $ (46,442,467) $ (7,516,294)
Weighted average number of common shares outstanding:        
Basic and diluted 136,347,915 47,382,329 118,587,766 43,901,965
Net loss per share:        
Basic and diluted $ (0.18) $ (0.13) $ (0.39) $ (0.17)