CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2020 |
Sep. 30, 2019 |
Sep. 30, 2020 |
Sep. 30, 2019 |
|
| Revenue | ||||
| Monitoring and related services | $ 2,831 | $ 3,562 | $ 7,758 | $ 9,769 |
| Product sales and installation | 0 | 0 | 1,260 | 1,025 |
| Total Revenue | 2,831 | 3,562 | 9,018 | 10,794 |
| Cost of Revenue | 1,077 | 7,124 | 3,239 | 11,733 |
| Gross Profit | 1,754 | (3,562) | 5,779 | (939) |
| Operating Expenses | ||||
| General and administrative | 254,555 | 127,580 | 587,103 | 546,941 |
| Sales and marketing | 0 | 5,193 | 26 | 20,281 |
| Total Operating Expenses | 254,555 | 132,773 | 587,129 | 567,222 |
| Other Income/(Expense) | ||||
| Gain on debt settlement | 85,025 | 0 | 85,025 | 0 |
| Loss on option dispute settlement | (30,000) | 0 | (30,000) | 0 |
| Total Other Income/(Expense) | 55,025 | 0 | 55,025 | 0 |
| Operating Loss | (197,776) | (136,335) | (526,325) | (568,161) |
| Loss from continuing operations before provision for income taxes | (197,776) | (136,335) | (526,325) | (568,161) |
| Provision for Income Taxes | 0 | 0 | 0 | 0 |
| Loss from continuing operations | (197,776) | (136,335) | (526,325) | (568,161) |
| Income (loss) from discontinued operations | (57,016) | 37,237 | (157,757) | (37,004) |
| Net Loss | $ (254,792) | $ (99,098) | $ (684,082) | $ (531,157) |
| Basic and diluted net loss per common share, continuing operations | $ (0.04) | $ (0.03) | $ (0.12) | $ (0.13) |
| Basic and diluted net loss per common share, discontinued operations | $ (0.01) | $ 0.01 | $ (0.03) | $ 0.01 |
| Weighted average shares outstanding | 4,521,430 | 4,518,250 | 4,521,430 | 4,518,250 |
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- References No definition available.
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- References No definition available.
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- Definition Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. No definition available.
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax of income (loss) from continuing operations attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares. No definition available.
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- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per basic and diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation, when the per share amount is the same. No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- References No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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