v3.19.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenue, net $ 1,373,989 $ 1,112,726
Cost of revenue 1,611,579 1,271,534
Gross profit (237,590) (158,808)
Operating Expenses:    
Research and development 4,872,886 3,664,629
Sales and marketing 2,803,382 1,589,417
General and administrative 3,657,049 1,428,667
Total operating expenses 11,333,317 6,682,713
Loss from operations (11,570,907) (6,841,521)
Interest expense, net (33,502,087) (14,696,283)
Change in fair value of warrant liability (8,051,196) 4,309,478
Change in fair value of derivative liability (14,293,963) (9,040,000)
Gain on extinguishment of convertible notes payable 0 621,981
Other income (expense), net 69,892 (258)
Loss before provision for income taxes (67,348,261) (25,646,603)
Provision for income taxes 8,150 5,610
Net loss $ (67,356,411) $ (25,652,213)
Net loss per common share - basic and diluted $ (9.96) $ (75.89)
Weighted average number of common shares used in computing net loss per common share 6,761,252 338,011

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