Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v3.21.2
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Revenues $ 11,377,928 $ 14,514,796 $ 22,366,876 $ 30,302,595
Costs and expenses        
Cost of revenue 10,051,119 14,381,822 19,908,428 29,835,974
General and administrative expenses 2,736,435 4,165,436 5,976,244 7,174,322
Total costs and expenses 12,787,554 18,547,258 25,884,672 37,010,296
Loss from operations (1,409,626) (4,032,462) (3,517,796) (6,707,701)
Other income (expense)        
Interest expense (2,096,600) (701,044) (3,400,459) (1,183,766)
Derivative expense (147,721) (1,775,057) (496,055)
Change in fair value of derivative liabilities 645,830 224,378 949,680 192,562
Gain (loss) on investment in Centercom - related party 49,145 112,967 (24,628) 145,336
Gain on settlement of liabilities 701,404 2,108,543 842,982 2,556,979
Gain on deconsolidation of True Wireless 1,895,871 1,895,871
Other income 10,000 10,000
Total other income (expense) - net 1,195,650 1,607,123 (1,511,611) 1,225,056
Net loss $ (213,976) $ (2,425,339) $ (5,029,407) $ (5,482,645)
Loss per share - basic and diluted $ (0.00) $ (0.02) $ (0.03) $ (0.05)
Weighted average number of shares - basic 154,394,068 106,063,237 145,130,334 104,974,691