General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Operations

v3.20.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Dec. 31, 2018
Revenue        
Revenue, net $ 2,354,000 $ 9,000 $ 9,100,000 $ 32,000
Cost of revenue        
Cost of revenue 1,063,000 30,000 4,870,000 52,000
Gross margin 1,291,000 (21,000) 4,230,000 (20,000)
Operating expenses:        
Research and development 1,274,000 564,000 4,312,000 980,000
Depreciation and amortization 363,000 4,000 1,042,000 20,000
General and administrative 3,514,000 2,185,000 14,710,000 6,772,000
Total operating expenses 5,151,000 2,753,000 20,064,000 7,772,000
Loss from operations (3,860,000) (2,774,000) (15,834,000) (7,792,000)
Other income (expense), net        
Other expense, net (6,000) (11,000) (5,000)
Financing costs (84,000) (1,625,000) (798,000)
Interest expense - amortization of debt discount (137,000) (1,054,000) (1,658,000) (1,468,000)
Change in fair value of derivative liability 2,092,000 944,000 1,862,000 (1,167,000)
Interest expense (35,000) (40,000) (186,000) (362,000)
Debt extinguishment, net     1,536,000 (534,000)
Total other expense, net 1,914,000 (234,000) (82,000) (4,334,000)
Loss before income tax provision (1,946,000) (3,008,000) (15,916,000) (12,126,000)
Income tax provision (3,951,000) 2,000 1,000
Net loss (1,946,000) (3,008,000) $ (15,918,000) $ (12,127,000)
Deemed dividends to Series A stockholders (3,951,000)    
Net loss attributed to common stockholders $ (5,897,000) $ (3,008,000)    
Loss per share - basic and diluted $ (0.23) $ (0.25) $ (0.79) $ (1.23)
Weighted average number of common shares outstanding - basic and diluted 25,992,426 12,239,044 20,186,249 9,870,890
Digital [Member]        
Revenue        
Revenue, net $ 1,457,000 $ 728,000 $ 4,240,000 $ 32,000
Cost of revenue        
Cost of revenue 230,000 676,000 660,000 52,000
Welcome Kits & Fulfillment [Member]        
Revenue        
Revenue, net 169,000 9,000 3,913,000
Cost of revenue        
Cost of revenue 157,000 30,000 3,273,000
Shipping [Member]        
Revenue        
Revenue, net 947,000
Cost of revenue        
Cost of revenue $ 937,000