v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Total revenue $ 707,908 $ 1,327,315 $ 2,662,145 $ 2,952,221
Total cost of sales 476,986 404,896 1,348,859 1,112,514
GROSS MARGIN 230,922 922,419 1,313,286 1,839,707
OPERATING EXPENSES        
Depreciation expense 319 (1,945) 956 9,373
Selling, general and administrative 761,171 768,029 2,203,964 2,282,722
Total operating expenses 761,490 766,084 2,204,920 2,292,095
INCOME (LOSS) FROM OPERATIONS (530,568) 156,335 (891,634) (452,388)
OTHER INCOME (EXPENSE)        
Other income 0 33,644 (5,003) 134,142
Change in value of derivative liability 3,864,938 (2,340,167) (127,378) (6,635,549)
Interest expense (78,622) (49,352) (268,194) (220,179)
Conversion cost penalty and reimbursement (10,003) (136,401) (14,000) (682,416)
Amortization of debt discounts (260,050) (302,846) (715,980) (825,206)
Total other income (expenses) (3,516,263) (2,795,122) (1,130,555) (8,229,208)
NET INCOME (LOSS) BEFORE DISCONTINUED OPERATIONS 2,985,695 (2,638,787) (2,022,189) (8,681,596)
LOSS FROM DISCONTINUED OPERATIONS (22,280) (351,672) (101,236) (451,510)
(LOSS) GAIN FROM DISPOSAL OF DISCONTINUED OPERATIONS (21,140) 0 194,873 0
Total loss from discontinued operations (43,420) (351,672) 93,637 (451,510)
NET INCOME (LOSS) FOR THE PERIOD $ 2,942,275 $ (2,990,459) $ (1,928,552) $ (9,133,106)
Basic earnings (loss) per share - continuing operations $ 3.08 $ (95.89) $ (4.94) $ (599.26)
Basic earnings (loss) per share - discontinued operations (0.04) (12.78) 0.23 (31.17)
Diluted earnings (loss) per share - continuing operations 0.00 (95.89) (4.94) (599.26)
Diluted earnings (loss) per share - discontinued operations $ (0.04) $ (12.78) $ 0.00 $ (31.17)
Weighted Average Shares Outstanding - Basic Earnings (loss) per Share - continuing operations 968,379 27,520 409,666 14,487
Weighted Average Shares Outstanding - Basic Earnings (loss) per Share - discontinued operations 968,379 27,520 409,666 14,487
Weighted Average Shares Outstanding - Diluted Earnings (loss) per Share - continuing operations 6,394,936,792 27,520 1,444,295,468,290 14,487
Weighted Average Shares Outstanding - Diluted Earnings (loss) per Share - discontinued operations 968,379 27,520 1,444,295,468,290 14,487
Rental Business [Member]        
Total revenue $ 31,993 $ 39,199 $ 110,820 $ 135,577
Total cost of sales 39,279 32,254 120,763 153,873
Financial Services [Member]        
Total revenue 675,915 1,288,116 2,551,325 2,816,644
Total cost of sales $ 437,707 $ 372,642 $ 1,228,096 $ 958,641

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