Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Schedule of Disaggregation of Revenue from Contracts with Customers

The following table disaggregates gross revenue by entity for the three months ended March 31, 2021 and 2020:

 

    For the Three Months Ended  
    March 31, 2021     March 31, 2020  
True Wireless, Inc.   $ 628,325     $ 290,705  
Surge Blockchain, LLC     -       229,802  
LogicsIQ, Inc.     3,408,403       5,451,919  
ECS     6,914,486       9,746,773  
Other     37,734       68,600  
Total revenue   $ 10,988,948     $ 15,787,799  
Schedule of Diluted Net Income (Loss) Per Share

The following table shows the outstanding dilutive common shares excluded from the diluted net income (loss) per share calculation as they were anti-dilutive:

 

    Contingent shares issuance
arrangement, stock options
or warrants
 
    For the Three Months Ended March 31, 2021     For the Three Months Ended March 31, 2021  
                 
Convertible note     15,738,269       12,461,539  
Common stock options     850,176       850,176  
Common stock warrants     15,410,500       7,063,919  
Total contingent shares issuance arrangement, stock options or warrants     31,998,945       20,375,634