Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Net revenues $ 1,601,661 $ 684,265
Operating expenses:    
Direct costs of revenue 2,089,366 244,831
General and administrative 2,892,019 3,316,448
Sales and marketing expenses (1,215) 252,314
Depreciation and amortization 333,515 426,929
Total operating expenses 5,313,685 4,240,522
Loss from continuing operations before other income (expense) and income taxes (3,712,024) (3,556,257)
Other income (expense):    
Other income 11,969
Change in fair value of derivative instruments (139,779,232) 563,617
Interest expense (3,307,014) (45,642,525)
Total other income (expense), net (143,074,277) (45,078,908)
Net loss from continuing operations before income taxes (146,786,301) (48,635,165)
Provision for income taxes 76 3,250
Net loss from continuing operations (146,786,377) (48,638,415)
Net income (loss) from discontinued operations 421,793 (1,066,292)
Net loss (146,364,584) (49,704,707)
Net loss to common shareholders $ (146,364,584) $ (49,704,707)
Net loss per common share:    
Basic and diluted: continuing operations $ (0.66) $ (0.66)
Basic and diluted: discontinued operations (0.01)
Total Basic and diluted $ (0.66) $ (0.67)
Weighted average number of common shares outstanding during the period:    
Basic and diluted 221,942,501 73,464,705