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Business Combinations (Tables) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2019 | Dec. 31, 2018
Business Combinations [Abstract] |  |
Summary of estimated fair market values of the assets acquired and liabilities |
Consideration |  |  |
Consideration issued |  | $ | 12,500,000 |
Identified assets and liabilities |  |  |  |
Cash |  |  | 42,711 |
Accounts and other receivables |  |  | 480,302 |
Note receivable |  |  | 174,967 |
Prepaid expenses |  |  | 84,945 |
Long-term assets |  |  | 348,367 |
Property and equipment |  |  | 106,600 |
Accounts payable |  |  | (180,231 | )
Accrued Expenses |  |  | (105,877 | )
Merchant portfolios |  |  | 2,190,000 |
Tradename |  |  | 2,500,000 |
Total identified assets and liabilities |  |  | 5,641,784 |
Excess purchase price allocated to goodwill |  | $ | 6,858,216 |
Consideration |  |  |
Consideration issued |  | $ | 12,500,000 |
Identified assets and liabilities |  |  |  |
Cash |  |  | 42,711 |
Accounts and other receivables |  |  | 480,302 |
Note receivable |  |  | 174,967 |
Prepaid expenses |  |  | 84,945 |
Long-term assets |  |  | 348,367 |
Property and equipment |  |  | 106,600 |
Accounts payable |  |  | (180,231 | )
Accrued Expenses |  |  | (105,877 | )
Merchant portfolios |  |  | 2,190,000 |
Tradename |  |  | 2,500,000 |
Total identified assets and liabilities |  |  | 5,641,784 |
Excess purchase price allocated to goodwill |  | $ | 6,858,216 |
Schedule of unaudited pro forma results of operations |
|  | Three Months Ended June 30, 2018 |  |  | Six Months Ended June 30, 2018 |
Revenues |  | $ | 3,226,965 |  |  | $ | 6,478,529 |
Operating income (loss) |  | $ | 94,192 |  |  | $ | (59,123 | )
Other expense |  |  | (212,907 | ) |  |  | (1,326,109 | )
Net loss |  | $ | (118,715 | ) |  | $ | (1,385,232 | )
Net loss per share – basic and diluted |  | $ | (0.00 | ) |  | $ | (0.01 | )
|  | 2018 |  |  | 2017 |
Revenues |  | $ | 12,194,415 |  |  | $ | 15,091,707 |
Operating loss |  | $ | (124,442 | ) |  | $ | (3,023,848 | )
Net loss |  | $ | (1,816,576 | ) |  | $ | (6,979,090 | )
Net loss per share – basic and diluted |  | $ | (0.01 | ) |  | $ | (0.04 | )

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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