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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Condensed Consolidated Statements of Operations (Unaudited)        
Revenue (including related party revenue of $0, $7,020, $970 and $13,430, respectively) $ 4,380,894 $ 1,853,414 $ 7,545,439 $ 4,166,537
Cost of revenue (including related party costs of $212,279, $298,172, $417,540 and $954,096, respectively) 2,946,084 1,418,242 5,200,994 3,169,438
Gross profit 1,434,810 435,172 2,344,445 997,099
Operating expenses:        
Sales and marketing 75,006 15,068 132,549 40,311
Product development (including related party expense of $54,696, $57,401, $112,684 and $118,380, respectively) 75,004 57,401 145,664 140,494
Amortization of intangibles 675,095 159,173 834,268 318,346
General and administrative (including share based compensation expense of $1,112,834, $709,230, $1,615,241 and $1,650,202, respectively, and related party expenses of $106,149, $121,280, $232,781 and $244,198 respectively) 3,062,597 1,626,362 5,608,502 3,775,305
Total operating expenses 3,887,702 1,858,004 6,720,983 4,274,456
Loss from operations (2,452,892) (1,422,832) (4,376,538) (3,277,357)
Other income (expenses):        
Interest expense (including related party interest expense of $18,193, $0, $30,466 and $0, respectively) (1,592,822) (203,874) (3,020,410) (248,080)
Initial derivative expense 0 (3,340,554) (3,585,983) (3,340,554)
Change in derivative value due to anti-dilution adjustments 0 (2,642,175) 0 (2,642,175)
Change in fair value of derivative liability 7,574,750 (339,088) 8,203,371 (904,176)
Forgiveness of debt income 0 (339,088) 24,925 (904,176)
Grant income 0 7,262 3,382 7,262
Net recognized gain (loss) on marketable securities (757) 46 (534) (18,740)
Total other income (expenses) 5,981,171 (6,518,383) 1,624,751 (7,146,463)
Income (Loss) before income taxes 3,528,279 (7,941,215) (2,751,787) (10,423,820)
Provision for income taxes 0 0 0 0
Net Income (loss) $ 3,528,279 $ (7,941,215) $ (2,751,787) $ (10,423,820)
Net income (loss) per common share - basic $ 0.99 $ (4.11) $ (0.89) $ (5.78)
Net income (loss) per common share - diluted $ (0.69) $ (4.11) $ (0.89) $ (5.78)
Weighted average common shares - basic 3,560,745 1,933,812 3,091,146 1,803,358
Weighted average common shares - diluted 5,879,481 1,933,812 3,091,146 1,803,358