XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 86,898 $ 99,906
Accounts receivable, net of allowance for doubtful accounts of $80,176 and $33,000, respectively 2,916,391 942,842
Accounts receivable - related parties 46,726 41,124
Prepaid expenses and other current assets 353,374 167,045
Investments - marketable securities 890 1,424
Total current assets 3,404,279 1,252,341
Property and equipment, net of accumulated depreciation of $2,405 and $1,828, respectively 1,058 1,635
Right of use asset - related party 103,953 140,642
Deferred offering costs 473,896 0
Intangible assets, net 5,645,009 795,864
Goodwill 4,929,897 3,517,315
Total assets 14,558,092 5,707,797
Current liabilities:    
Accounts payable 1,168,155 616,421
Accounts payable - related parties 1,194,821 779,928
Accrued expenses 827,612 423,237
Accrued expenses - related party 9,647 8,000
Accrued compensation 1,192,888 617,067
Accrued compensation - related party 116,000 122,500
Accrued interest 376,272 60,404
Contingent consideration for acquisitions 2,000,118 0
Liability on sale of future revenues, net of discount of $0 and $2,719, respectively 0 8,185
Deferred payroll taxes 159,032 159,032
Other liabilities 14,493 14,493
Loans payable - current portion 30,653 28,249
Convertible notes payable, net of unamortized discount and costs of $1,683,662 and $1,205,699, respectively 4,154,697 1,905,826
Refundable deposit on preferred stock purchase 285,000 285,000
Warrant derivative liability 8,921,615 11,537,997
Lease liability - current portion - related party 73,378 73,378
Deferred revenue 476,920 51,537
Total current liabilities 21,001,301 16,691,254
Lease liability - long term portion - related party 30,575 67,264
Loans payable - long term portion 33,965 73,541
Total liabilities 21,065,841 16,832,059
Commitments and contingencies (Note 10) 0 0
Stockholders' (Deficit):    
Preferred stock value 0 0
Common stock, $0.0001 par value; 100,000,000 shares authorized; 3,765,739 and 2,203,009 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 377 220
Additional paid-in capital 30,768,568 23,400,408
Accumulated deficit (37,276,812) (34,525,025)
Total stockholders' (deficit) (6,507,749) (11,124,262)
Total liabilities and stockholders' (deficit) 14,558,092 5,707,797
Series D Preferred Stock [Member]    
Stockholders' (Deficit):    
Preferred stock value 39 54
Series E Preferred Stock [Member]    
Stockholders' (Deficit):    
Preferred stock value 74 74
Series F Preferred Stock [Member]    
Stockholders' (Deficit):    
Preferred stock value $ 5 $ 7