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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Sales:        
Sales $ 4,422,800 $ 3,727,041 $ 14,180,761 $ 8,935,506
Related party sales 45,000 90,000 135,000 135,000
Total sales 4,467,800 3,817,041 14,315,761 9,070,506
Cost of goods sold 4,220,843 3,291,800 13,569,709 8,136,517
Gross profit 246,957 525,241 746,052 933,989
Operating expenses:        
General and administrative expenses 122,615,570 3,099,671 127,373,766 13,278,674
Marketing expenses 82,770 106,305 800,594 376,806
Acquisition costs 150,000 10,966,791
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 122,698,340 22,088,262 128,324,360 43,504,557
Loss from operations (122,451,383) (21,563,021) (127,578,308) (42,570,568)
Other income (expense):        
Amortization of debt discount (4,165,716) (379,679) (6,745,837) (849,802)
Change in fair value of derivative liability 88,275,752 (2,440,383) (13,614,981) (2,458,506)
Interest expense and financing costs (490,265) (160,726) (6,414,500) (289,737)
Unrealized loss on marketable equity security (792,405) (6,475,317)
Realized gain (loss) on disposal of marketable equity security (3,673,595) (90,683)
Equity income (loss) in investment 620,127 (173,648) 583,568 (173,648)
Interest income 93,750 281,250
Total other income (expense) 79,867,648 (3,154,436) (32,476,500) (3,771,693)
Loss before income taxes (42,583,735) (24,717,457) (160,054,808) (46,342,261)
Income tax expense
Loss from continuing operations (42,583,735) (24,717,457) (160,054,808) (46,342,261)
Discontinued operations:        
Loss from operations of discontinued operations (201,116) (122,283) (481,278) (100,206)
Gain on disposition of discontinued operations 1,381,803 1,381,803
Loss from discontinued operations, net 1,180,687 (122,283) 900,525 (100,206)
Net loss $ (41,403,048) $ (24,839,740) $ (159,154,283) $ (46,442,467)
Weighted average common shares outstanding:        
Basic and diluted 2,126,620 1,363,479 2,093,473 1,185,878
Net loss per share (basic and diluted):        
Continuing operations $ (20.02) $ (18.13) $ (76.45) $ (39.08)
Discontinued operations 0.56 (0.09) 0.43 (0.08)
Net loss per share basic and diluted $ (19.47) $ (18.22) $ (76.02) $ (39.16)