XML 18 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Revenues $ 2,836,782 $ 2,267,528
Costs and other expenses 794,826 2,461,245
Gross Profit (Loss) 2,041,956 (193,717)
Operating expenses    
Selling, general and administrative 5,848,687 5,036,820
Research, development and engineering 1,396,436 1,331,667
Total operating expenses before impairment 7,245,123 6,368,487
Impairment of resalable software license rights (6,957,516)
Operating loss (5,203,167) (13,519,720)
Other income (expense)    
Interest income 30,649 154
Government grant – Paycheck Protection Program 340,819
Interest expense (4,343,212) (1,069,134)
Loss on extinguishment of debt (499,076)
Total other income (expense) (4,470,820) (1,068,980)
Net loss (9,673,987) (14,588,700)
Deemed dividend from trigger of anti-dilution provision feature (112,686)
Net loss available to common stockholders $ (9,786,673) $ (14,588,700)
Basic and Diluted Loss per Common Share (in dollars per share) $ (2.08) $ (8.21)
Basic and Diluted (in shares) 4,700,787 1,777,961
Service [Member]    
Revenues $ 1,432,228 $ 925,245
Costs and other expenses 502,214 272,318
License [Member]    
Revenues 962,038 442,649
Costs and other expenses 49,891 916,112
Hardware [Member]    
Revenues 442,516 899,634
Costs and other expenses $ 242,721 $ 1,272,815