NATURE OF OPERATIONS AND BASIS OF PRESENTATION (Tables)
|
12 Months Ended |
Dec. 31, 2017 |
|---|
| DDDigital Inc. |
|
| Schedule of Business Acquisitions, by Acquisition |
| Cash (paid in December 2016) |
|
$ |
60,000 |
|
| 2,926,830 shares of the Company’s common stock |
|
|
2,883,220 |
|
| Liabilities assumed |
|
|
40,140 |
|
| Total purchase price |
|
$ |
2,983,360 |
|
|
| Schedule of Recognized Identified Assets Acquired and Liabilities Assumed |
| Cash |
|
$ |
8,672 |
|
| Accounts receivable |
|
|
3,583 |
|
| Property and equipment |
|
|
3,333 |
|
| Goodwill |
|
|
2,967,772 |
|
| Assets acquired |
|
$ |
2,983,360 |
|
|
| Business Acquisition, Pro Forma Information |
| | |
Twelve months ended December 31, 2017 | |
Twelve months ended December 31, 2016 |
| Total revenues | |
$ | 319,242 | | |
$ | 740,264 | |
| Net loss | |
| (44,389,569 | ) | |
| (18,193,082 | ) |
| Basic and diluted net loss per common share | |
$ | (0.46 | ) | |
$ | (0.34 | ) |
|
| Odava |
|
| Schedule of Business Acquisitions, by Acquisition |
| Cash (paid
in December 2016) |
|
$ |
60,000 |
|
| 3,250,000 shares of
the Company’s common stock |
|
|
2,883,220 |
|
| Liabilities assumed |
|
|
40,140 |
|
| Total purchase price |
|
$ |
2,983,360 |
|
|
| Schedule of Recognized Identified Assets Acquired and Liabilities Assumed |
| Cash |
|
$ |
2,601 |
|
| Goodwill |
|
|
2,004,219 |
|
| Assets acquired |
|
$ |
2,006,820 |
|
|
| Business Acquisition, Pro Forma Information |
| | |
Twelve months ended December 31, 2017 | |
Twelve months ended December 31, 2016 |
| Total revenues | |
$ | 319,242 | | |
$ | 701,581 | |
| Net loss | |
| (44,405,275 | ) | |
| (18,030,668 | ) |
| Basic and diluted net loss per common share | |
$ | (0.46 | ) | |
$ | (0.34 | ) |
|