CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2021 |
Sep. 30, 2020 |
Sep. 30, 2021 |
Sep. 30, 2020 |
|
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS | ||||
| Net revenues | $ 2,163,280 | $ 1,234,805 | $ 3,575,214 | $ 4,475,507 |
| Cost of net revenues | 954,137 | 1,729,709 | 2,179,023 | 3,884,864 |
| Gross profit (loss) | 1,209,143 | (494,904) | 1,396,191 | 590,643 |
| Operating expenses: | ||||
| General and administrative | 3,720,863 | 1,356,653 | 12,820,841 | 5,258,084 |
| Sales and marketing | 1,307,219 | 101,081 | 2,401,322 | 543,327 |
| Distribution | 105,332 | 65,681 | 238,774 | 279,362 |
| Loss on disposal of property and equipment | 593,449 | 593,449 | ||
| Impairment of intangible assets | 784,500 | 784,500 | ||
| Change in fair value of contingent consideration | 3,988,493 | 7,039,394 | ||
| Total operating expenses | 9,121,907 | 2,901,364 | 22,500,331 | 7,458,722 |
| Loss from operations | (7,912,764) | (3,396,268) | (21,104,140) | (6,868,079) |
| Other income (expense): | ||||
| Interest expense | (447,842) | (550,505) | (2,020,806) | (1,239,437) |
| Other non-operating income (expenses) | (577,441) | 32,193 | (634,654) | 32,193 |
| Total other income (expense), net | (1,025,283) | (518,312) | (2,655,460) | (1,207,244) |
| Income tax benefit (provision) | 276 | (1,100,120) | 13,657 | |
| Net loss | $ (8,938,047) | $ (3,914,856) | $ (22,659,480) | $ (8,088,980) |
| Weighted average common shares outstanding - basic and diluted | 11,786,592 | 664,167 | 6,002,669 | 664,167 |
| Net loss per common share - basic and diluted | $ (0.76) | $ (5.89) | $ (3.77) | $ (12.18) |
| X | ||||||||||
- Definition Amount of change in the fair value of the contingent consideration No definition available.
|
| X | ||||||||||
- Definition Amount of distribution expenses. No definition available.
|
| X | ||||||||||
- Definition Amount of Other non-operating income (expenses). No definition available.
|
| X | ||||||||||
- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of an intangible asset (excluding goodwill) to fair value. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The net amount of operating interest income (expense). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
|
| X | ||||||||||
- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
|