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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Revenue $ 34,746,512 $ 23,090,940 $ 68,361,993 $ 53,503,793
Cost of revenue (includes amortization of developed technology and platform development for six months ended 2021 and 2020 of $4,324,357 and $4,259,333, respectively) 23,595,819 24,874,179 51,804,191 51,613,012
Gross profit (loss) 11,150,693 (1,783,239) 16,557,802 1,890,781
Operating expenses        
Selling and marketing 14,881,455 8,409,343 32,410,164 17,769,281
General and administrative 15,567,647 7,270,511 21,206,477 17,680,716
Depreciation and amortization 3,963,332 4,127,126 7,926,566 8,223,806
Total operating expenses 34,412,434 19,806,980 61,543,207 43,673,803
Loss from operations (23,261,741) (21,590,219) (44,985,405) (41,783,022)
Other (expense) income        
Change in valuation of warrant derivative liabilities 360,093 243,276 (304,943) 382,495
Change in valuation of embedded derivative liabilities 2,922,000 4,543,000
Interest expense (2,362,709) (4,116,407) (5,182,680) (7,916,135)
Interest income 471 1,640 471 3,383
Liquidated damages (1,109,369) (621,619) (1,364,003) (1,167,674)
Gain upon debt extinguishment 5,716,697 5,716,697
Total other expense 2,605,183 (1,571,110) (1,134,458) (4,154,931)
Loss before income taxes (20,656,558) (23,161,329) (46,119,863) (45,937,953)
Income taxes
Net loss $ (20,656,558) $ (23,161,329) $ (46,119,863) $ (45,937,953)
Basic and diluted net loss per common stock $ (0.09) $ (0.59) $ (0.20) $ (1.17)
Weighted average number of common stock outstanding – basic and diluted 242,283,035 39,217,524 236,226,197 39,171,629