Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2020

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

The operating results for UGO, ECS Prepaid, Electronic Check Services and the Central State Legal Services have been presented in the accompanying condensed consolidated statements of operations for the three and nine months ended September 30, 2020 and 2019 as discontinued operations and are summarized below:

	Three Months Ended September 30,
	2020		2019
Revenue	$	-	$	12,346,952
Cost of revenue		-		11,995,731
Gross Profit		-		351,221
Operating expenses		-		728,952
Loss from operations		-		(377,731	)
Other income (expenses)		-		-
Net loss	$	-	$	(377,731	)

	Nine Months Ended September 30,
	2020			2019
Revenue	$	8,291,842		$	38,082,039
Cost of revenue		7,900,122			36,905,872
Gross Profit		391,720			1,176,167
Operating expenses		408,644			2,133,375
Loss from operations		(16,924	)		(957,208	)
Other income (expenses)		-			(3	)
Net loss	$	(16,924	)	$	(957,211	)

The assets and liabilities of the discontinued operations at September 30, 2020 and December 31, 2019 are summarized below:

	September 30,		December 31,
	2020		2019
Current assets	$	-	$	89,123
Property and equipment		-		117,686
Total assets	$	-	$	206,809
Current liabilities	$	-	$	1,151,073
Total liabilities	$	-	$	1,151,073