v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Net revenue $ 16,841,035 $ 9,214,350 $ 40,094,427 $ 31,737,520
Cost of revenue 3,757,938 1,645,392 7,466,017 6,154,921
Gross profit 13,083,097 7,568,958 32,628,410 25,582,599
Operating expenses        
Marketing costs 10,163,006 5,668,707 25,681,930 19,148,925
Compensation 2,840,149 2,462,693 8,458,233 6,925,239
Selling, general and administrative 1,824,869 1,870,258 5,226,737 5,710,221
Total operating expenses 14,828,024 10,001,658 39,366,900 31,784,385
Operating loss (1,744,927) (2,432,700) (6,738,490) (6,201,786)
Interest expense, net (6,261) (26,143) (36,641) (251,335)
Other income (expense), net (79,080) 53,763 415,468 (136,483)
Net loss $ (1,830,268) $ (2,405,080) $ (6,359,663) $ (6,589,604)
Per common share data        
Net loss, basic (in dollars per share) $ (0.02) $ (0.03) $ (0.05) $ (0.09)
Net loss, diluted (in dollars per share) $ (0.02) $ (0.03) $ (0.05) $ (0.09)
Weighted average shares        
Basic (in shares) 116,645,509 92,110,881 117,230,419 70,652,630
Diluted (in shares) 116,645,509 92,110,881 117,230,419 70,652,630

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