Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.1
Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Schedule of Operating Results of Discontinued Operations

The following table represents the components of operating results from discontinued operations, as presented in the statements of operations and comprehensive loss for the three months ended March 31, 2020 and 2019:

 

    Three Months Ended March 31,  
    2020     2019  
             
Revenues   $ -     $ 39,178  
                 
Cost of Sales     7,356       16,598  
Depreciation and amortization     -       4,239  
Sales and marketing     1,695       84,980  
General and administrative     60,614       283,048  
Non-operating income (expense)     -       (5,550 )
Loss from discontinued operations before income tax     (69,665 )     (355,237 )
Income tax expense (benefit)     -       -  
Net loss from discontinued operations   $ (69,665 )   $ (355,237 )

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The computation of basic net loss per share for the three months ended March 31, 2020 and 2019 excludes the potentially dilutive securities summarized in the table below because their inclusion would be anti-dilutive.

 

    Three Months Ended March 31,  
    2020     2019  
             
Warrants to purchase common stock     125,000       170,314  
Stock options     39,126       409,126  
Unvested restricted stock units     -       83,057  
Unvested restricted stock     -       4,886  
Total dilutive securities     164,126       667,383