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Basis of Presentation and Summary of Significant Accounting Policies (Tables) | 9 Months Ended
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Sep. 30, 2020
Accounting Policies [Abstract] |
Schedule of revenue & accounts receivable with customers |
|  | 2020 |  |  | 2019 |
A* |  |  | 16.6 | % |  |  | 12.9 | %
B* |  |  | - |  |  |  | 13.9 | %
All other |  |  | 83.4 | % |  |  | 73.2 | %
Total |  |  | 100.0 | % |  |  | 100.0 | %
|  | 2020 |  |  | 2019 |
A** |  |  | 19.9 | % |  |  | 19.2 | %
All other |  |  | 80.1 | % |  |  | 80.8 | %
Total |  |  | 100.0 | % |  |  | 100.0 | %
* | Revenues from customer A are derived from a customer located in the United States. Revenues 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. All other revenues were mainly derived from customers in the United States.
** | Receivables from customer A are obtained from a customer located in the United States.
Schedule of anti-dilutive shares |
|  | For the three months ended September 30, |  |  | For the nine months ended September 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Net income available to common stockholders |  | $ | 4,753,603 |  |  | $ | 961,042 |  |  | $ | 6,857,988 |  |  | $ | 11,144,342 |
Adjustments for diluted earnings |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense on convertible notes |  |  | - |  |  |  | 105,385 |  |  |  | - |  |  |  | 348,493 |
Amortization of discount on notes payable |  |  | - |  |  |  | 528,464 |  |  |  | - |  |  |  | 707,286 |
Diluted net income (loss) available to common stockholders |  | $ | 4,753,603 |  |  | $ | 1,594,891 |  |  | $ | 6,857,988 |  |  | $ | 12,200,121 |
Income per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.07 |  |  | $ | 0.02 |  |  | $ | 0.10 |  |  | $ | 0.19 |
Diluted |  | $ | 0.06 |  |  | $ | 0.03 |  |  | $ | 0.09 |  |  | $ | 0.20 |
Weighted average shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 70,473,351 |  |  |  | 59,307,404 |  |  |  | 70,184,071 |  |  |  | 58,023,685 |
Diluted |  |  | 74,848,239 |  |  |  | 62,532,510 |  |  |  | 73,524,209 |  |  |  | 62,050,032 |

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