Quarterly report pursuant to Section 13 or 15(d)

NATURE OF OPERATIONS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.20.1
NATURE OF OPERATIONS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Reclassifications

The following table reflects the reclassification adjustment effect in the three months ended March 31, 2019:


 

 

Before Reclassification

 

 

 

 

After Reclassification

 

 

 

For the Three Months Ended

 

 

 

 

For the Three Months Ended

 

 

 

March 31,

 

 

 

 

March 31,

 

 

 

2019

 

 

 

 

2019

 

OPERATING EXPENSES:

 

 

 

 

 

 

 

 

Selling and marketing expenses

 

$

109,616

 

 

Sales and marketing

 

$

250,425

 

Salaries, wages and contract labor

 

 

1,268,779

 

 

Engineering

 

 

465,907

 

Research and development

 

 

112,694

 

 

Research and development

 

 

383,421

 

Professional fees

 

 

127,919

 

 

AI technologies

 

 

181,314

 

General and administrative expenses

 

 

465,386

 

 

Administration

 

 

803,327

 

 

 

 

 

 

 

 

 

 

 

 

Total Operating Expenses

 

$

2,084,394

 

 

 

 

$

2,084,394