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Summary of Significant Accounting Policies (Tables)
12 Months Ended
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