Annual report pursuant to Section 13 and 15(d)

2. Acquisitions (Pro Forma Information) (Details)

v3.20.1
2. Acquisitions (Pro Forma Information) (Details) - USD ($)
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenues    
Revenues $ 10,056,922 $ 11,556,536
Cost of revenues 5,938,298 3,932,334
Gross profit 4,118,624 7,624,202
Operating expenses    
General and administrative 5,588,329 4,155,636
Sales and marketing 2,707,356 3,931,469
Engineering, research, and development 3,609,968 3,713,787
Goodwill impairment 0 2,288,057
Depreciation and amortization 600,066 486,255
Total operating expenses 12,505,719 12,287,147
Loss from operations (8,387,095) (4,662,945)
Other income/(expense)    
Interest income 28,160 4,145
Interest expense (236,706) (210,422)
Foreign currency gain/(loss) 6,129 (7,745)
Total other income/(expense)   (2,552,704)
Loss before income taxes (8,821,974) (7,215,649)
Income tax expense 0 0
Net loss (8,821,974) (7,215,649)
Other comprehensive loss, net of income tax    
Foreign currency translation adjustments 4,021 70,523
Comprehensive loss $ (8,817,953) $ (7,145,126)
Net income (loss) per share:    
Basic and diluted $ (0.18) $ (0.17)
Weighted average number of shares:    
Basic and diluted 47,720,507 42,133,368
Pro Form Combined [Member]    
Revenues    
Revenues   $ 13,931,382
Cost of revenues   4,591,333
Gross profit   9,340,049
Operating expenses    
General and administrative   4,739,675
Sales and marketing   4,003,012
Engineering, research, and development   3,778,486
Goodwill impairment   2,288,057
Depreciation and amortization   505,181
Total operating expenses   15,314,411
Loss from operations   (5,974,362)
Other income/(expense)    
Interest income   4,145
Interest expense   (210,422)
Gain on sale of fixed assets   (8,722)
Other income   20,678
Foreign currency gain/(loss)   (7,745)
Total other income/(expense)   (202,066)
Loss before income taxes   (6,176,428)
Income tax expense   0
Net loss   (6,176,428)
Other comprehensive loss, net of income tax    
Foreign currency translation adjustments   70,523
Comprehensive loss   $ (6,105,905)
Net income (loss) per share:    
Basic and diluted   $ (0.15)
Weighted average number of shares:    
Basic and diluted   42,133,368
Belly [Member]    
Revenues    
Revenues   $ 2,374,846
Cost of revenues   658,999
Gross profit   1,715,847
Operating expenses    
General and administrative   542,136
Sales and marketing   71,543
Engineering, research, and development   64,699
Goodwill impairment   0
Depreciation and amortization   18,926
Total operating expenses   697,304
Loss from operations   1,018,543
Other income/(expense)    
Interest income   0
Interest expense   0
Gain on sale of fixed assets   0
Other income   20,678
Foreign currency gain/(loss)   0
Total other income/(expense)   20,678
Loss before income taxes   1,039,221
Income tax expense   0
Net loss   1,039,221
Other comprehensive loss, net of income tax    
Foreign currency translation adjustments   0
Comprehensive loss   1,039,221
Mobivity [Member]    
Revenues    
Revenues   11,556,536
Cost of revenues   3,932,334
Gross profit   7,624,202
Operating expenses    
General and administrative   4,197,539
Sales and marketing   3,931,469
Engineering, research, and development   3,713,787
Goodwill impairment   2,288,057
Depreciation and amortization   486,255
Total operating expenses   14,617,107
Loss from operations   (6,992,905)
Other income/(expense)    
Interest income   4,145
Interest expense   (210,422)
Gain on sale of fixed assets   (8,722)
Other income   0
Foreign currency gain/(loss)   (7,745)
Total other income/(expense)   (222,744)
Loss before income taxes   (7,215,649)
Income tax expense   0
Net loss   (7,215,649)
Other comprehensive loss, net of income tax    
Foreign currency translation adjustments   70,523
Comprehensive loss   $ (7,145,126)
Net income (loss) per share:    
Basic and diluted   $ (0.17)
Weighted average number of shares:    
Basic and diluted   42,133,368