Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net revenues $ 4,061,189 $ 3,292,217 $ 9,251,839 $ 4,893,877
Operating expenses:        
Direct costs of revenue 4,680,333 2,369,813 8,844,733 4,459,179
General and administrative 4,290,935 2,998,055 9,567,071 5,888,858
Depreciation and amortization 186,236 317,734 409,822 651,248
Total operating expenses 9,157,504 5,685,602 18,821,626 10,999,285
Loss from continuing operations before other income (expense) and income taxes (5,096,315) (2,393,385) (9,569,787) (6,105,408)
Other income (expense):        
Other income (expense) (311,463) 409,092 (1,195,742) 421,061
Gain on bargain purchase 7,732,302 250,000 7,732,302
Change in fair value of derivative instruments 44,162,579 (105,076) (95,616,653)
Interest expense (7,871,798) (4,446,090) (15,591,766) (7,753,103)
Total other income (expense), net (8,183,261) 47,857,883 (16,642,584) (95,216,393)
Net (loss) income from continuing operations before income taxes (13,279,576) 45,464,498 (26,212,371) (101,321,801)
Provision for income taxes 76
Net (loss) income from continuing operations (13,279,576) 45,464,498 (26,212,371) (101,321,877)
Net (loss) income from discontinued operations (145,251) (146,577) (653,860) 275,216
Net (loss) income (13,424,827) 45,317,921 (26,866,231) (101,046,661)
Deemed dividend from trigger of down round provision feature (123,861,587)
Net (loss) income to common shareholders $ (13,424,827) $ 45,317,921 $ (150,727,818) $ (101,046,661)
Net (loss) income per common share:        
Basic continuing operations $ (0.00) $ 28.06 $ (0.01) $ (97.86)
Diluted continuing operations (0.00) (0.27) (0.01) (97.86)
Basic discontinued operations (0.00) (0.09) (0.00) 0.27
Diluted discontinued operations (0.00) (0.01) (0.00) 0.27
Basic net (loss) income to common shareholders (0.00) 27.97 (0.04) (97.60)
Diluted net (loss) income to common shareholders $ (0.00) $ (0.28) $ (0.04) $ (97.60)
Weighted average number of common shares outstanding during the period:        
Basic 5,289,645,114 1,620,332 3,357,860,127 1,035,358
Diluted 5,289,645,114 23,800,212 3,357,860,127 1,035,358