Annual report pursuant to Section 13 and 15(d)

Basis of Presentation, Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Tables)

v3.20.1
Basis of Presentation, Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Tables)
 12 Months Ended
Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Changes in Deferred Tax Liability

The following is a rollforward of the Company’s deferred tax liability from January 1, 2018 to December 31, 2019:

 

    December 31, 2019   December 31, 2018
Beginning Balance   $ 143     $ 699  
Deferred tax liability recorded on the Logical Brokerage acquisition     —         143  
Impairment and depreciation on the Kairos acquisition     —         (699 )
Abandonment of Logical Brokerage     (143 )     —    
Ending Balance   $ —       $ 143  
Schedule of Antidilutive Securities

Securities that could potentially dilute loss per share in the future that were not included in the computation of diluted loss per share at December 31, 2019 and 2018 because their inclusion would be anti-dilutive are as follows:

 

    December 31,
    2019   2018
Warrants to purchase common stock     3,574,257       1,671,113  
Options to purchase common stock     12,000       62,000  
Escrow shares     200,000       200,000  
Unvested restricted stock awards     1,524,499       95,939  
Convertible Series B preferred shares     4,199       13,000  
Total     5,314,955       2,042,052