XML 78 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenues:    
Total revenues $ 2,535,955 $ 2,381,427
Cost of revenues:    
Total cost of revenues 567,843 742,405
Gross profit 1,968,112 1,639,022
Operating expenses:    
General and administrative 2,131,385 2,106,851
Sales and marketing 981,618 997,910
Depreciation 7,701 9,040
Total operating expenses 3,120,704 3,113,801
Loss from operations (1,152,592) (1,474,779)
Other income (expense)    
Interest expense, net (980,689) (865,501)
Net loss $ (2,133,281) $ (2,340,280)
Basic and diluted net loss per share: $ (5.76) $ (6.60)
Weighted average number of common shares outstanding - basic and diluted 370,279 354,538
Sale of Software [Member]    
Revenues:    
Total revenues $ 189,165 $ 173,691
Cost of revenues:    
Total cost of revenues 8,633 69,754
Software as a Service [Member]    
Revenues:    
Total revenues 859,637 748,754
Cost of revenues:    
Total cost of revenues 254,999 300,235
Software Maintenance Services [Member]    
Revenues:    
Total revenues 1,011,278 995,170
Cost of revenues:    
Total cost of revenues 87,280 100,205
Professional Services [Member]    
Revenues:    
Total revenues 449,707 289,962
Cost of revenues:    
Total cost of revenues 192,129 120,421
Third Party Services [Member]    
Revenues:    
Total revenues 26,168 173,850
Cost of revenues:    
Total cost of revenues $ 24,802 $ 151,790