Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.22.1
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Consolidated Statements of Operations    
Net Revenues $ 2,737,767 $ 2,900,029
Costs and Expenses:    
Sales and marketing 3,032,133 1,117,375
Technology 3,079,752 2,088,538
General and administrative 6,117,601 4,160,854
Loss on legal settlement 880,381  
Total Costs and Expenses 13,109,867 7,366,767
Loss From Operations (10,372,100) (4,466,738)
Other (Expense) Income:    
Interest expense (8,383) (1,135,675)
Interest expense - related parties   (403,372)
Interest income 88,537 25,178
Amortization of beneficial conversion feature   (1,984,322)
Gain on settlement of notes and other payables, net   124,999
Gain on forgiveness of accounts payable - supplier   236,248
Loss on extinguishment of convertible note payable   (297,272)
Other income 233 15,294
Total Other Income (Expense) 80,387 (3,418,922)
Net Loss (10,291,713) (7,885,660)
Deemed dividend related to warrant down round adjustment   (1,682,000)
Net Loss Attributable to Common Shareholders $ (10,291,713) $ (9,567,660)
Net Loss Per Share - Basic $ (0.75) $ (1.85)
Net Loss Per Share - Diluted $ (0.75) $ (1.85)
Weighted Average Common Shares Outstanding - Basic 13,695,700 5,185,204
Weighted Average Common Shares Outstanding - Diluted 13,695,700 5,185,204