Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.22.2.2
Condensed Consolidated Statements of Operations - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Condensed Consolidated Statements of Operations        
Net Revenues $ 400,351 $ 497,568 $ 1,645,655 $ 1,205,325
Costs and Expenses:        
Sales and marketing 1,050,423 504,380 2,383,433 1,261,330
Technology 959,157 619,692 2,114,856 1,139,447
General and administrative 1,509,208 1,108,280 3,691,757 2,363,852
Impairment loss on intangible assets 2,626,974   2,626,974  
Impairment loss on property and equipment 49,948   49,948  
Impairment loss on goodwill 463,000   463,000  
Loss accrual on customer contract (413,918)   375,687  
Total Costs and Expenses 6,244,792 2,232,352 11,705,655 4,764,629
Loss From Operations (5,844,441) (1,734,784) (10,060,000) (3,559,304)
Other (Expense) Income:        
Interest expense (2,536) (1,576) (6,408) (3,210)
Interest income 2,734 33,355 5,025 62,664
Change in fair value of contingent consideration 23,378   613,000  
Other income 10,974   11,000 233
Total Other Income 34,550 31,779 622,617 59,687
Net Loss $ (5,809,891) $ (1,703,005) $ (9,437,383) $ (3,499,617)
Net Loss Per Share - Basic $ (0.41) $ (0.12) $ (0.66) $ (0.26)
Net Loss Per Share - Diluted $ (0.41) $ (0.12) $ (0.66) $ (0.26)
Weighted Average Common Shares Outstanding - Basic 14,316,483 13,983,195 14,286,655 13,307,766
Weighted Average Common Shares Outstanding - Diluted 14,316,483 13,983,195 14,286,655 13,307,766