XML 30 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]    
REVENUES $ 1,050,161 $ 1,066,408
COST OF REVENUES 392,674 314,638
Gross profit 657,487 751,770
Operating expenses    
Advertising 60,776 13,873
General and administrative expenses 181,931 132,908
Legal and Professional fees 219,456 256,370
Officer Compensation 475,910 353,700
Salaries and Related 287,034 132,208
Sales Commission 82,236 64,053
Office Rent 22,050 20,294
Impairment of in house software 85,092
Non cash management fees 2,650,518
Total operating expenses 3,979,911 1,058,498
Loss from operations (3,322,424) (306,728)
Other Income (expense)    
Other Income
Interest expense (92,791) (2,792)
Loss on change of derivative liability
Amortization of debt discount (118,124) (42,534)
Gain (loss) on settlement of derivative liabilities (43,242) 119,370
Legal settlement (106,961)
Gain on settlement of notes payable 24,939 (105,417)
Total other expense (336,179) (31,373)
Income (loss) from investment in equity method investee (11,125) (1,652)
NET INCOME (LOSS) $ (3,669,728) $ (339,753)
Basic weighted average common shares outstanding 11,242,260 4,223,119
Net Income (loss) per common share: basic and diluted $ (0.33) $ (0.0805)