XML 32 R22.htm IDEA: XBRL DOCUMENT v3.20.2

Organization and Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2020

Accounting Policies [Abstract]

Schedule of revenues can be categorized into the following

		Nine Months Ended September 30,
		2020				2019
Consulting and staffing services		$	5,011,882			$	3,212,496
Permanent placement fees			422,511				250,084
Recruiters on Demand			466,421				290,818
Career services			147,234				104,259
Marketing and publishing			110,656				223,870
Total revenue		$	6,158,704			$	4,081,527

		Three Months Ended September 30,
		2020				2019
Consulting and staffing services		$	1,521,826			$	1,606,602
Permanent placement fees			131,744				91,703
Recruiters on Demand			234,590				160,453
Career services			67,892				31,494
Marketing and publishing			36,115				55,492
Total revenue		$	1,992,167			$	1,945,744

Schedule of fair values of financial assets and liabilities

		Fair Value at September 30,				Fair Value Measurement Using
		2020				Level 1				Level 2				Level 3
Available for sale marketable securities (Note 3)		$	7,498			$	7,498			$	-			$	-
Warrant derivative liability (Note 10)		$	5,573,386			$	-			$	-			$	5,573,386

Schedule of derivative liability measured at fair value on a recurring basis

Balance at December 31, 2019		$	612,042
Additions to derivative instruments			5,625,519
Anti-dilution adjustments to derivative instruments			2,642,175
Gain on change in fair value of derivative liability			(3,306,350	)
Balance at September 30, 2020		$	5,573,386

Schedule of diluted loss per share

		September 30,				September 30,
		2020				2019
Options			1,605,758				572,155
Stock awards			866,500				494,593
Warrants			3,653,443				470,939
Convertible notes			1,845,703				-
Convertible preferred stock			16,550,275				17,869,325
			24,521,679				19,407,012

Schedule of diluted loss per share

		Three months ended
		September 30,
		2020
Net income attributable to common shareholders		$	1,435,418
Income attributable to warrant derivatives
Change in fair value of derivative			(4,210,526	)
Diluted loss attributable to common shareholders		$	(2,775,108	)
Basic shares outstanding			5,127,443
Warrant derivative shares			3,653,443
Diluted shares outstanding			8,780,886
Diluted loss per share		$	(0.32	)

X

- References

No definition available.

+ Details

Name:	rcrt_ScheduleOfDeferredRevenueDisclosureTableTextBlock
Namespace Prefix:	rcrt_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	rcrt_ScheduleOfDilutedLossPerShare
Namespace Prefix:	rcrt_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financial instrument classified as a derivative asset (liability) after deduction of derivative liability (asset) using recurring unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration