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Business Combinations (Tables) | 12 Months Ended
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Dec. 31, 2019
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 |
Schedule of unaudited pro forma results of operations |
|  | 2018 |
Revenues |  | $ | 12,194,415 |
Operating loss |  | $ | (124,442 | )
Net loss |  | $ | (1,290,262 | )
Net loss per share – basic and diluted |  | $ | (0.24 | )

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