Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.2
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2021 and 2020:

 

    2021     2020     2021     2020  
    Three Months Ended June 30,     Six Months Ended June 30,  
    2021     2020     2021     2020  
                         
Revenues   $ -     $ -     $ -     $ -  
                                 
Cost of Sales     18,201       7,787       20,517       15,143  
Depreciation and amortization     -       1,676       -       1,676  
Sales and marketing     -       80,425       -       105,114  
General and administrative     20,728       (37,620 )     30,198       -  
Non-operating expense     10,372       5,553     10,372       5,553
Loss from discontinued operations before income tax     (49,301 )     (57,821 )     (61,087 )     (127,486 )
Income tax expense (benefit)     -       -       -       -  
Net loss from discontinued operations   $ (49,301 )   $ (57,821 )   $ (61,087 )   $ (127,486 )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

 

    As of June 30,  
    2021     2020  
             
Warrants to purchase common stock     125,000       125,000  
Stock options     36,126       66,126  
Unvested restricted stock     159,524       206,775  
Total dilutive securities     320,650       397,901