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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Consolidated Statements of Operations (Unaudited)        
Revenue $ 183,722 $ 5,784,424 $ 3,010,870 $ 18,296,826
Cost of revenue 251,891 3,899,157 2,163,354 11,331,346
Gross profit (loss) (68,169) 1,885,267 847,516 6,965,480
Operating expenses:        
Sales and marketing 85,193 342,622 321,229 619,418
Product development (including related party expense of $0, $8,636, $27,041, and $25,407 respectively) 84,871 467,605 411,433 1,150,464
Amortization of intangibles 321,963 952,170 955,391 2,877,882
Impairment Expense 0 2,129,101 0 2,129,101
General and administrative (including share-based compensation expense of $343,951, $765,743, $1,106,460, and $3,415,670 respectively, and related party expense of $0, $0, $0, and $19,825 respectively) 1,534,339 3,714,066 5,255,043 12,876,714
Total operating expenses 2,026,366 7,605,564 6,943,096 19,653,579
Loss from Operations (2,094,535) (5,720,297) (6,095,580) (12,688,099)
Other income (expenses):        
Interest expense (622,883) (208,351) (1,784,252) (340,257)
Income from ERC Credit 1,422,773 0 2,177,568 0
Other (expense) income (12,566) (610) (11,262) 13,917
Finance cost 0 0 (327,073) 0
Gain on settlement of payables 0 0 178,749 0
Gain on debt extinguishment 0 0 0 1,205,195
Total other income (expenses) 787,324 (208,961) 233,730 878,855
Loss from continuing operations before income taxes (1,307,211) (5,929,258) (5,861,850) (11,809,244)
Provision for income taxes 0 0 0 0
Net Loss from continuing operations (1,307,211) (5,929,258) (5,861,850) (11,809,244)
Net income from discontinued operations 276,529 302,893 535,126 811,781
Net loss (1,030,682) (5,626,365) (5,326,724) (10,997,463)
Deemed dividends 0 (658,266) (503,643) (658,266)
Net loss attributable to common shareholders $ (1,030,682) $ (6,284,631) $ (5,830,367) $ (11,655,729)
Net loss from continuing operations per common share - basic and diluted $ (0.96) $ (5.99) $ (4.82) $ (11.96)
Net income from discontinued operations per common share - basic and diluted 0.20 0.31 0.44 0.82
Net loss per common share - basic and diluted $ (0.75) $ (6.35) $ (4.79) $ (11.80)
Weighted average common shares - basic and diluted 1,367,343 990,076 1,215,995 987,625