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 Operating Results of Discontinued Operations

The following table represents the components of gross operating results from discontinued operations, which are included in the statements of operations and comprehensive loss for the three months ended March 31, 2021 and 2020:

 

    Three Months Ended March 31,  
    2021     2020  
             
Revenues   $ -     $ -  
                 
Cost of Sales     2,315       7,356  
Depreciation and amortization     -       -  
Sales and marketing     -       1,695  
General and administrative     9,470       60,614  
Non-operating income (expense)     3,289       -  
Loss from discontinued operations before income tax     (15,074 )     (69,665 )
Income tax expense (benefit)     -       -  
Net loss from discontinued operations   $ (15,074 )   $ (69,665 )

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The computation of basic net loss per share for the three months ended March 31, 2021 and 2020 excludes the potentially dilutive securities summarized in the table below because their inclusion would be anti-dilutive.

 

    Three Months Ended March 31,  
    2021     2020  
             
Warrants to purchase common stock     125,000       125,000  
Stock options     66,126       39,126  
Unvested restricted stock     206,775       -  
Total dilutive securities     397,901       164,126