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Business Combination
9 Months Ended
Sep. 30, 2020
Business Combinations [Abstract]  
BUSINESS COMBINATION

NOTE 13 — BUSINESS COMBINATION


Business Combination


On March 31, 2019, the Company, through its wholly-owned subsidiary Recruiter.com Recruiting Solutions LLC (“Recruiting Solutions”) acquired certain assets and assumed certain liabilities from Genesys pursuant to the Asset Purchase Agreement. Recruiting Solutions was formed for the purpose of completing the asset purchase transaction. For purposes of purchase accounting, the Company is referred to as the acquirer.


The results of operations of Recruiting Solutions are included in the Company’s consolidated financial statements from the date of acquisition of March 31, 2019. The following supplemental unaudited pro forma combined financial information assumes that the acquisition had occurred at the beginning of the nine months ended September 30, 2019.


   September 30, 
   2019 
Revenue  $5,883,166 
Net Loss  $(4,837,848)
Loss per common share, basic and diluted  $(3.96)

The pro forma financial information is not necessarily indicative of the results that would have occurred if the acquisition had occurred on the dates indicated or that result in the future.