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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income (loss) $ 1,371,262 $ (8,380,060)
Less: Income from discontinued operations 562,625
Income (loss) from continuing operations 1,371,262 (8,942,685)
Adjustments to reconcile net income (loss) from continuing operations to net cash provided by (used in) operating activities of continuing operations:    
Depreciation of property and equipment 325,044 349,082
Amortization of intangible assets 246,681 256,332
Amortization of operating lease right-of-use assets 104,083 178,158
Gain on lease termination (141,001)
Loss on disposal of property and equipment 39,238
Write-off of note receivable 56,042
Stock-based compensation 243,197 1,385,118
Common stock issued for consulting services 43,500 29,015
Bad debt expense 4,015
Impairment loss on goodwill 6,760,222
Impairment loss on digital tokens   625,368
Realized (gain) loss from the sale of digital tokens 72,823 (70,995)
Changes in operating assets and liabilities:    
Credit card holdback receivable 83,175
Accounts receivable 55,261 196,100
Digital tokens (439,145)
Digital tokens receivable (210,000)
Operating lease liability (107,674) (101,647)
Digital tokens payable 123,397
Prepaid expense and other current assets (219,263) 113,550
Other assets 16,897 29,891
Accounts payable, accrued expenses and other current liabilities (378,285) (2,138,302)
Deferred subscription revenue 229,228 360,922
Deferred technology service revenue (3,379,435)
Net cash provided by (used in) continuing operating activities 1,435,300 (4,266,131)
Net cash used in discontinued operating activities (199,232)
Net cash provided by (used in) operating activities 1,435,300 (4,465,363)
Cash flows from investing activities:    
Payment for property and equipment, including website development, net (391,230)
Proceeds from Secured Communications Assets 150,000
Proceeds from the sale of digital tokens 75,406 130,290
Net cash provided by (used in) continuing investing activities 225,406 (260,940)
Net cash provided by discontinued investing activities 1,600,000
Net cash provided by investing activities 225,406 1,339,060
Cash flows from financing activities:    
Borrowings of term debt 506,500
Purchase of treasury stock (8,844) (2,015)
Net cash provided by (used in) financing activities 497,656 (2,015)
Net increase (decrease) in cash and cash equivalents 2,158,362 (3,128,318)
Balance of cash and cash equivalents at beginning of period 3,427,058 6,555,376
Balance of cash and cash equivalents at end of period $ 5,585,420 $ 3,427,058