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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2018
Accounting Policies [Abstract] |
Schedule of Disaggregation of Revenue | The following table provides information about disaggregated revenue by product line, geographical market and timing of revenue recognition:
|  | Years Ended December 31, |
|  | 2018 |  |  | 2017 |
Revenue by product line: |  |  |  |  |  |  |  |
Advertising |  | $ | 5,614,953 |  |  | $ | 62,777 |
Membership subscriptions |  |  | 85,246 |  |  |  | 14,218 |
Total |  | $ | 5,700,199 |  |  | $ | 76,995 |
Revenue by geographical market: |  |  |  |  |  |  |  |
United States |  | $ | 5,700,199 |  |  | $ | 76,995 |
Other |  |  | - |  |  |  | - |
Total |  | $ | 5,700,199 |  |  | $ | 76,995 |
Revenue by timing of recognition: |  |  |  |  |  |  |  |
At point in time |  | $ | 5,614,953 |  |  | $ | 62,777 |
Over time |  |  | 85,246 |  |  |  | 14,218 |
Total |  | $ | 5,700,199 |  |  | $ | 76,995 |
Schedule of Contract with Customer, Asset and Liability | The following table provides information about contract balances:
|  | As of December 31, 2018 |  |  | As of December 31, 2017 |
|  | Advertising |  |  | Memberships |  |  | Total |  |  | Advertising |  |  | Memberships |  |  | Total |
Factor receivables |  | $ | 6,130,674 |  |  | $ | - |  |  | $ | 6,130,674 |  |  | $ | 52,348 |  |  | $ | 854 |  |  | $ | 53,202 |
Short-term contract assets (contract fulfillment costs) |  |  | - |  |  |  | 17,056 |  |  |  | 17,056 |  |  |  | - |  |  |  | 14,147 |  |  |  | 14,147 |
Short-term contract liabilities |  |  | 325,863 |  |  |  | 70,544 |  |  |  | 396,407 |  |  |  | - |  |  |  | 31,437 |  |  |  | 31,437 |
Long-term contract liabilities |  |  | 252,500 |  |  |  | - |  |  |  | 252,500 |  |  |  | - |  |  |  | - |  |  |  | - |
Schedule of Cash and Restricted Cash | The following table reconciles total cash, cash equivalents, and restricted cash:
|  | As of December 31, |
|  | 2018 |  |  | 2017 |
Cash and cash equivalents |  | $ | 2,406,596 |  |  | $ | 619,249 |
Restricted cash |  |  | 120,693 |  |  |  | 3,000,000 |
Total cash, cash equivalents, and restricted cash |  | $ | 2,527,289 |  |  | $ | 3,619,249 |
Schedule of Concentration of Credit Risk | Revenue from significant customers as a percentage of the Company’s total revenue are as follows:
|  | Years Ended December 31, |
|  | 2018 |  |  | 2017 |
Customer 1 |  |  | 35.5 | % |  |  | - |
Customer 2 |  |  | 14.8 | % |  |  | - |
Significant accounts receivable balances as a percentage of the Company’s total accounts receivable are as follows:
|  | As of December 31, |
|  | 2018 |  |  | 2017 |
Customer 1 |  |  | 16.8 | % |  |  | - |
Customer 2 |  |  | - |  |  |  | - |
Significant Vendors – Concentrations of risk with respect to third party vendors who provide products and services to the Company are limited and could impact profitability if the vendors fail to fulfill their obligations or if significant vendors were unable to renew existing contracts and the Company is not able to replace the related product or service at the same cost. Significant accounts payable balances as a percentage of the Company’s total accounts payable are as follows:
|  | As of December 31, |
|  | 2018 |  |  | 2017 |
Vendor 1 |  |  | 29.4 | % |  |  | - |
Vendor 2 |  |  | 11.5 | % |  |  | - |
Schedule of Depreciation and Amortization, Useful Lives of Assets | Depreciation and amortization are provided using the straight-line method over the following estimated useful lives:
Office equipment and computers |  |  | 3 years |
Furniture and fixtures |  |  | 3 – 5 years |
Schedule of Net Income (loss) Per Common Share | The Company excluded the outstanding securities summarized below (capitalized terms are described herein), which entitle the holders thereof to acquire shares of common stock, from its calculation of net income (loss) per common share, as their effect would have been anti-dilutive.
|  | As of December 31, |
|  | 2018 |  |  | 2017 |
Series G Preferred Stock |  |  | 188,791 |  |  |  | 98,698 |
Series H Preferred Stock |  |  | 58,787,879 |  |  |  | - |
Indemnity shares of common stock |  |  | 825,000 |  |  |  | - |
Unvested and forfeitable restricted stock awards |  |  | 6,309,876 |  |  |  | 6,979,596 |
Financing Warrants |  |  | 3,949,018 |  |  |  | 1,289,172 |
Channel Partner Warrants |  |  | 1,017,141 |  |  |  | 1,303,832 |
Common stock options: |  |  |  |  |  |  |  |
2016 Plan |  |  | 9,405,541 |  |  |  | 2,176,637 |
Outside Options |  |  | 2,414,000 |  |  |  |  |
Total |  |  | 82,897,246 |  |  |  | 11,847,935 |

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