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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2019
Accounting Policies [Abstract]  
Schedule of estimated lives of property and equipment

Depreciation of property and equipment is provided using the straight-line method for substantially all assets with estimated lives as follows:

 

Furniture 7 years
Computers and equipment 3 years
POSA machines 3 years
Schedule of Fair Value Measurements

At March 31, 2019 and December 31, 2018, the Company identified the following liabilities that are required to be presented on the balance sheet at fair value:

 

    Fair Value   Fair Value Measurements at
    As of   March 31, 2019
Description   March 31, 2019   Using Fair Value Hierarchy
        Level 1   Level 2   Level 3
Marketable equity security - Mobiquity Technologies, Inc. $ 23,400,000 $ - $ 23,400,000 $ -
                 
Conversion feature on convertible notes $ 10,782,553 $ - $ 10,782,553 $ -
                 
    Fair Value   Fair Value Measurements at
    As of   December 31, 2018
Description   December 31, 2018   Using Fair Value Hierarchy
        Level 1   Level 2   Level 3
Marketable equity security - Mobiquity Technologies, Inc. $ 18,200,000 $ - $ 18,200,000 $ -
                 
Conversion feature on convertible notes $ 3,833,506 $ - $ 3,833,506 $ -
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Accordingly, diluted loss per share is the same as basic loss for all periods presented. The following potentially-dilutive shares were excluded from the shares used to calculate diluted earnings per share as their inclusion would be anti-dilutive.

 

  March 31,   March 31,
  2019   2018
Series B preferred stock 3,000   3,000
Series C preferred stock 770   770
Series G preferred stock -   2,000,000
Warrants 52,916,666   26,260,416
Convertible notes 29,972,299   833,333
Total 82,892,735   29,097,519