Quarterly report pursuant to Section 13 or 15(d)

Acquisition (Tables)

Acquisition (Tables)
9 Months Ended
Sep. 30, 2020
Business Combinations [Abstract]  
Schedule of Assets Acquired and Liabilities Assumed

The following table shows the allocation of the purchase price of Jellico Community Hospital and CarePlus Center to the acquired identifiable assets acquired, and liabilities assumed:


Total purchase price   $ 658,537  
Tangible and intangible assets acquired, and liabilities assumed at estimated fair value:        
Inventories   $ 317,427  
Property and equipment     500,000  
Intangible asset- certificate of need     250,000  
Accrued expenses     (158,890 )
Net tangible and intangible assets acquired   $ 908,537  
Gain on bargain purchase   $ 250,000  
Schedule of Unaudited Pro-forma of Results of Operations
Net revenue   $ 14,873,502  
Net loss from continuing operations     (38,062,595 )
Deemed dividends from trigger of down round provisions     (123,861,587 )
Net loss from discontinued operations     (1,266,764 )
Net loss available to common stockholders   $ (163,190,946 )
Net loss per common share:        
Basic and diluted net loss from continuing operations available to common stockholders   $ (362.90 )
Basic and diluted net loss available to common stockholders   $ (365.74 )