v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue    
Services $ 788,218
Total revenue 788,218  
Cost and expenses:    
Operating 856,490
Bad debt expense 717,231
Depreciation and amortization 432,480 19,744
Selling, general and administrative 3,609,142 1,934,303
Total cost and expenses 5,615,343 1,954,047
Other income (expenses):    
Unrealized gain (loss) on change in fair value of derivative and other fair value liabilities 2,316,360 (816,997)
Unrealized gain from change in fair value of contingent consideration 27,290
Gain on extinguishment of debt 2,911,361
Interest income 1,892
Interest expense (301,729) (192,513)
Total other income 2,043,813 1,901,851
Loss before income taxes (2,783,312) (52,196)
Provision for income taxes
Loss from continuing operations (2,783,312) (52,196)
Discontinued Operations    
Loss from operations of discontinued operations (544,145) (2,970,494)
Consolidated Net Loss (3,327,457) (3,022,690)
Net (gain) loss attributable to noncontrolling interest (141,872) 32,160
Net loss available to common shareholders (3,185,585) (3,054,850)
Deemed dividend related to beneficial conversion feature and accretion of a discount on Series C Preferred Stock (2,115,317)
Deemed dividend related to Series A and B warrants down round provision (9,648)
Deemed dividend related to Series D and E warrants down round provision (234,912)
Deemed dividend related to extinguishment of Series D and E Preferred Stock (2,626,873)
Deemed dividend related to conversion of Series D Preferred Stock (212,230)
Deemed dividend related to conversion of Series E Preferred Stock (386,978)
Deemed dividend related to issuance of Series F Preferred Stock (4,214,073)
Net loss attributable to common stockholders $ (10,870,299) $ (5,170,167)
Earnings per common share (basic and diluted):    
Loss from continuing operations $ (0.6) $ (0.42)
Loss from discontinued operations (0.03) (0.57)
Net loss per common share $ (0.63) $ (0.99)
Weighted average number of shares outstanding (Basic and Diluted) 17,358,891 5,167,578

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