Acquisitions (Tables)

12 Months Ended

Dec. 31, 2020

Acquisitions

Schedule of assets acquired and liabilities assumed

Cash Consideration	$	4,566,402
Add:
Net tangible liabilities acquired
Deferred Revenue	$	186,500
Accrued expenses and other current liabilities	$	545,473
Total liabilities	$	731,973
Less:
Net tangible assets acquired
Accounts receivable	$	(55,236	)
Other current assets	$	(20,719	)
Total tangible assets	$	(75,955	)
Intangible assets acquired:
Trade names	$	(381,000	)
Technology	$	(979,000	)
Vendor relationships	$	(1,813,000	)
Total intangible assets	$	(3,173,000	)
Goodwill	$	2,049,420

Schedule of acquisitions

	Year Ended
	December 31,
	2020			2019
Net revenues	$	29,287,882		$	25,408,526
Gross profit		21,225,318			17,201,321
Net loss		(5,829,029	)		(12,043,201	)
Net (loss) per share, basic and diluted	$	(0.50	)	$	(1.17	)