Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.22.2.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net revenues $ 2,825,937 $ 1,010,245 $ 7,576,693 $ 1,288,402
Operating expenses:        
Direct costs of revenues 1,823,473 1,207,749 4,769,789 4,074,149
General and administrative expenses 1,809,835 2,019,086 5,262,338 6,915,453
Depreciation and amortization 117,441 135,065 351,481 513,929
Total operating expenses 3,750,749 3,361,900 10,383,608 11,503,531
Loss from continuing operations before other income (expense) and income taxes (924,812) (2,351,655) (2,806,915) (10,215,129)
Other income (expense):        
Other income (expense), net 129,451 (346,197) 87,170 4,140,049
Gain from forgiveness of debt 1,027,000 334,819 1,027,000
Gain (loss) from legal settlements, net 60,808 3,157,203 (15,410) 3,179,393
Interest expense (605,312) (700,786) (1,705,502) (2,503,173)
Total other income (expense), net (415,053) 3,137,220 (1,298,923) 5,843,269
Net (loss) income from continuing operations before income taxes (1,339,865) 785,565 (4,105,838) (4,371,860)
Provision for income taxes
Net (loss) income from continuing operations (1,339,865) 785,565 (4,105,838) (4,371,860)
Loss from discontinued operations (1,696) (31,388) (7,075) (423,791)
Gain from sale 576,787 11,303,939
Net (loss) income from discontinued operations (1,696) 545,399 (7,075) 10,880,148
Net (loss) income (1,341,561) 1,330,964 (4,112,913) 6,508,288
Deemed dividends (259,530,999) (330,876,369) (409,142,478)
Net loss available to common stockholders $ (1,341,561) $ (258,200,035) $ (334,989,282) $ (402,634,190)
Net loss per share of common stock available to common stockholders - basic and diluted:        
Continuing operations $ (0.00) $ (5,893.97) $ (0.08) $ (27,483.34)
Discontinued operations (0.00) 12.42 (0.00) 723.13
Total basic and diluted $ (0.00) $ (5,881.55) $ (0.08) $ (26,760.21)
Weighted average number of shares of common stock outstanding during the period:        
Basic and diluted 10,569,572,256 43,900 4,130,876,898 15,046