Quarterly report pursuant to Section 13 or 15(d)

Company Overview and Operations (Tables)

v3.21.2
Company Overview and Operations (Tables)
9 Months Ended
Sep. 30, 2021
Company Overview and Operations  
Condensed aggregate financial information

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

Total assets

 

$ 91,008,735

 

 

$ 120,501,052

 

Total liabilities

 

$ 110,681,581

 

 

$ 88,917,536

 

 

 

 

Nine months ended

September 30,

 

 

 

2021

 

 

2020

 

 

Revenue

 

$ 27,756,694

 

 

$ 28,555,823

 

Operating expenses

 

$ (21,935,805 )

 

$ (22,337,966 )

Interest expenses

 

$ (8,587,349 )

 

$ (8,456,370 )

Amortization of debt discount

 

$ (2,138,508 )

 

$ (1,778,540 )

Gain (loss) on change in fair value of derivatives

 

$ (16,401,270 )

 

$ 8,312,386