XML 181 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Statements of Operations - USD ($)
 3 Months Ended 5 Months Ended 7 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2018
Jul. 31, 2018
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
REVENUE              
Commission income $ 1,680,043 $ 1,327,290     $ 5,326,375 $ 2,710,376  
Total revenue 1,680,043 1,327,290     5,326,375 2,710,376  
OPERATING EXPENSES              
Commission expense 399,322 182,092     1,178,806 416,763  
Salaries and wages 883,884 632,792     2,620,380 1,501,198  
General and administrative expenses 1,116,907 725,573     3,320,779 1,793,292  
Marketing and advertising 27,212 43,856     128,471 121,105  
Depreciation and amortization 344,888 269,445     1,003,070 404,995  
Total operating expenses 2,772,213 1,853,758     8,251,506 4,237,353  
Income loss from operations (1,092,170) (526,468)     (2,925,131) (1,526,977)  
Other expense, net (139,397) (105,386)     (424,647) (207,838)  
Total non-operating expenses (139,397) (105,386)     (424,647) (207,838)  
Net income (loss) $ (1,231,567) $ (631,854)     $ (3,349,778) $ (1,734,815)  
Basic and diluted loss per share $ (0.00) $ (0.00)     $ (0.01) $ (0.00)  
Weighted average number of shares outstanding 356,751,236 327,276,031     356,938,348 320,508,240  
Successor [Member]              
REVENUE              
Commission income     $ 390,770       $ 4,450,785
Total revenue     390,770       4,450,785
OPERATING EXPENSES              
Commission expense     156,763       705,714
Salaries and wages     142,016       2,316,533
General and administrative expenses     885,800       3,638,896
Marketing and advertising     1,121       165,574
Depreciation and amortization     25,451       727,979
Total operating expenses     1,211,151       7,554,696
Income loss from operations     (820,381)       (3,103,911)
Other expense, net     (27,924)       (391,570)
Settlement agreement expense     (306,981)      
Total non-operating expenses     (334,905)       (391,570)
Net income (loss)     $ (1,155,286)       $ (3,495,481)
Basic and diluted loss per share     $ (0.01)       $ (0.01)
Weighted average number of shares outstanding     180,479,232       246,656,149
Predecessor [Member]              
REVENUE              
Commission income       $ 627,991      
Total revenue       627,991      
OPERATING EXPENSES              
Commission expense       283,282      
Salaries and wages       95,738      
General and administrative expenses       181,400      
Marketing and advertising       5,193      
Depreciation and amortization       1,778      
Total operating expenses       567,391      
Income loss from operations       60,600      
Other expense, net       (2,279)      
Settlement agreement expense            
Total non-operating expenses       (2,279)      
Net income (loss)       $ 58,321