Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF OPERATIONS

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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenues $ 243,000 $ 249,000
Cost of revenues 117,000 74,000
Gross profit 126,000 175,000
OPERATING EXPENSES    
Selling, marketing and advertising 1,273,000 1,003,000
Technology platform development 1,905,000 1,155,000
General and administrative 2,096,000 4,153,000
Total operating expenses 5,274,000 6,311,000
Net operating loss (5,148,000) (6,136,000)
OTHER INCOME (EXPENSE)    
Accrued interest expense 0 (187,000)
Accretion of debt discount 0 (2,684,000)
Beneficial conversion feature 0 7,067,000
Other 14,000 5,000
Total other income (expense) 14,000 (9,933,000)
Net loss $ (5,134,000) $ (16,069,000)
Net loss attributable to common stockholders - basic and diluted    
Basic and diluted loss per common share $ (0.60) $ (2.68)
Weighted-average number of shares outstanding, basic and diluted 8,584,834 5,988,310