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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenues $ 64,999,611 $ 65,786,817
Costs and expenses:    
Cost of service fees 54,721,710 55,617,171
Selling, general and administrative 9,341,784 9,758,688
Non-cash compensation 2,050,862 142,017
Bad debt expense 1,350,177 2,145,425
Depreciation and amortization 3,120,243 2,454,637
Total costs and operating expenses 70,584,776 70,117,938
Loss from operations (5,585,165) (4,331,121)
Interest expense (1,112,527) (847,179)
Other income (expense) 1,459,615 791,567
Impairment charge relating to goodwill (1,326,566) (636,000)
Net loss from continuing operations before income taxes (5,324,649) (4,007,669)
Income taxes
Net loss from continuing operations (6,564,643) (5,022,733)
Net income attributable to the non-controlling interest 106,261 86,551
Net loss attributable to Net Element, Inc. stockholders (6,458,382) (4,936,182)
Foreign currency translation (42,024) 298,075
Comprehensive loss attributable to common stockholders $ (6,500,407) $ (4,638,107)
Loss per share - basic and diluted (in dollars per share) $ (1.59) $ (1.28)
Weighted average number of common shares outstanding - basic and diluted (in shares) 4,053,062 3,868,324
Service Fees [Member]    
Revenues $ 64,999,611 $ 65,786,817