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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
Income Statement [Abstract]        
Revenue $ 32,089,993 $ 7,586,020 $ 85,593,786 $ 19,630,266
Cost of revenue (includes amortization for of developed technology and platform development for nine months ended 2020 and 2019 of $6,348,619 and $4,310,072, respectively) 24,708,941 7,612,585 76,321,953 18,752,322
Gross profit (loss) 7,381,052 (26,565) 9,271,833 877,944
Operating expenses        
Selling and marketing 9,928,901 2,059,820 27,698,182 4,660,213
General and administrative 7,172,175 7,262,496 24,852,891 17,358,764
Depreciation and amortization 4,053,184 349,604 12,276,990 565,581
Total operating expenses 21,154,260 9,671,920 64,828,063 22,584,558
Loss from operations (13,773,208) (9,698,485) (55,556,230) (21,706,614)
Other (expense) income        
Change in valuation of warrant derivative liabilities (517,405) (666,075) (134,910) (1,207,845)
Change in valuation of embedded derivative liabilities (2,370,000) (5,621,000) 2,173,000 (9,400,000)
Interest expense (4,253,180) (3,701,310) (12,169,315) (6,878,572)
Interest income 1,116 7,749 4,499 10,983
Liquidated damages (319,903) (1,487,577) (17,740)
Other (expense) income (31,851) (31,851) 126
Total other expense (7,491,223) (9,980,636) (11,646,154) (17,493,048)
Loss before income taxes (21,264,431) (19,679,121) (67,202,384) (39,199,662)
Income taxes
Net loss (21,264,431) (19,679,121) (67,202,384) (39,199,662)
Deemed dividend on Series H convertible preferred stock (132,663) (132,663)
Net loss attributable to common shareholder $ (21,397,094) $ (19,679,121) $ (67,335,047) $ (39,199,662)
Basic and diluted net loss per common share $ (0.55) $ (0.54) $ (1.72) $ (1.10)
Weighted average number of common shares outstanding - basic and diluted 39,186,432 36,240,837 39,177,864 35,562,878