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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Revenues $ 250,781 $ 44,724 $ 641,983 $ 98,696
Revenues, related party 15,000 15,000 67,019
Total revenues 250,781 59,724 656,983 165,715
Cost of sales        
Cost of sales 103,010 25,714 284,837 74,972
Cost of sales, related 3,371 24,779
Total cost of sales 103,010 29,085 284,837 99,751
Gross profit 147,771 30,639 372,146 65,964
Operating Expenses:        
Compensation and benefits (including stock- based fees of $25,000 and $75,000 for the three and nine months ended September 30, 2019 and $772,600 for the nine months ended September 30, 2018) 462,770 177,778 1,261,594 1,263,084
Professional fees (including stock- based fees of $171,500 and $479,791 for three and nine months ended September 30, 2019 and $62,597 and $126,837 for three and nine months ended September 30, 2018) 197,733 174,952 575,050 405,858
Advertising and promotion 92,966 46,408 404,550 137,736
Rent (including related party of $36,000 for three months ended September 30, 2019 and 2018 and $108,000 for nine months ended September 30, 2019 and 2018 100,240 47,937 294,302 119,937
Investor relations 11,297 11,482 176,073 87,901
Other general and administrative 137,979 24,148 407,105 71,464
Total operating expenses 1,002,985 482,705 3,118,674 2,085,980
Loss from operations (855,214) (452,066) (2,746,528) (2,020,015)
Other Expense:        
Derivative income (expense) 501,977 (270,849) 159,617 (940,819)
Loss on investment in undivided interest in real estate (9,245) (2,132) (4,429) (1,390)
Gain (loss) on debt extinguishment 33,775 (44,393) 33,775
Gain on contract cancellations 1,297,223 1,297,223
Gain on collection of bad debt 3,000 3,000
Interest expense and finance charges (1,109,565) (399,278) (2,344,763) (713,070)
Total other expense, net (616,833) 661,739 (2,233,968) (321,281)
Net income (loss) $ (1,472,047) $ 209,673 $ (4,980,496) $ (2,341,296)
Basic and diluted income (loss) per share $ (0.01) $ 0.00 $ (0.03) $ (0.04)
Weighted average number of common shares outstanding Basic and diluted 190,804,118 80,652,837 160,489,585 66,651,688

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