Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.20.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]    
Revenue $ 16,329 $ 31,723
Operating expenses:    
Direct expenses 27,008 67,133
Research and development 1,710,943 182,665
Sales and marketing 791,232 77,166
General and administrative 980,381 1,738,168
Impairment of goodwill 1,246,002
Impairment of intangibles 367,181
Total operating expenses 3,876,745 3,311,134
Operating loss (3,860,416) (3,279,411)
Other (expenses) income:    
Interest expense (342,516) (729,158)
Financing costs (78,534)
Gain (loss) on extinguishment of debt 2,374
Change in fair value of derivative liability 44,791 83,287
Change in fair value of warrant liability 464,062 400,225
Total other (expenses) income 166,337 (321,806)
Loss before provision for income taxes (3,694,079) (3,601,217)
Net loss $ (3,694,079) $ (3,601,217)
Net loss per share- basic and diluted $ (0.03) $ (0.04)
Weighted average shares outstanding basic and diluted 111,076,124 102,498,023