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Basis of Presentation and Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2020
Accounting Policies [Abstract] |
Schedule of revenue & accounts receivable with customers |
|  | 2020 |  |  | 2019 |
A* |  |  | 17.4 | % |  |  | 12.7 | %
B* |  |  | - |  |  |  | 13.9 | %
All other |  |  | 82.6 | % |  |  | 73.4 | %
Total |  |  | 100.0 | % |  |  | 100.0 | %
|  | 2020 |  |  | 2019 |
A** |  |  | 26.2 | % |  |  | 8.6 | %
B** |  |  | - |  |  |  | 35.9 | %
All other |  |  | 73.8 | % |  |  | 55.5 | %
Total |  |  | 100.0 | % |  |  | 100.0 | %
| ** | Receivables from customer A are obtained from a customer located in the United States. Receivables from customer B were derived from a customer located in Sweden which was acquired on October 25, 2019. Please refer to note 10, for further details.
Schedule of anti-dilutive shares |
|  | For the three months ended June 30, |  |  | For the six months ended June 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Net income (loss) available to common stockholders |  | $ | 1,558,334 |  |  | $ | (1,473,295 | ) |  | $ | 2,104,385 |  |  | $ | 10,183,299 |
Adjustments for diluted earnings |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense on convertible notes |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 243,108 |
Amortization of discount on notes payable |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 178,823 |
Diluted net income (loss) available to common stockholders |  | $ | 1,558,334 |  |  | $ | (1,473,295 | ) |  | $ | 2,104,385 |  |  | $ | 10,605,230 |
Income (Loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.02 |  |  | $ | (0.03 | ) |  | $ | 0.03 |  |  | $ | 0.18 |
Diluted |  | $ | 0.02 |  |  | $ | (0.03 | ) |  | $ | 0.03 |  |  | $ | 0.17 |
Weighted average shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 69,396,377 |  |  |  | 57,336,117 |  |  |  | 69,444,655 |  |  |  | 57,267,622 |
Diluted |  |  | 71,473,065 |  |  |  | 57,336,117 |  |  |  | 71,073,534 |  |  |  | 61,817,621 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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