CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2017 |
Jun. 30, 2016 |
Jun. 30, 2017 |
Jun. 30, 2016 |
|
| Condensed Consolidated Statements Of Operations | ||||
| Revenues: | $ 2,466 | $ 2,466 | ||
| Cost of sales | 302 | 302 | ||
| Gross profit | 2,164 | 2,164 | ||
| Operating expenses: | ||||
| Sales and marketing | 125,626 | 22,419 | 189,843 | 47,710 |
| General and administrative | 381,524 | 186,903 | 607,258 | 414,142 |
| Research and development | 184,880 | 172,109 | 449,568 | 367,014 |
| Depreciation and amortization | 11,086 | 8,860 | 20,812 | 22,171 |
| Total operating expenses | 703,116 | 390,291 | 1,267,481 | 851,037 |
| Loss from operations | (700,952) | (390,291) | (1,265,317) | (851,037) |
| Other expense: | ||||
| Interest expense | (154,055) | (52,351) | (295,432) | (102,454) |
| Total other expense | (154,055) | (52,351) | (295,432) | (102,454) |
| Loss before income taxes | (855,007) | (442,642) | (1,560,749) | (953,491) |
| Provision for income taxes | ||||
| Net Loss | $ (855,007) | $ (442,642) | $ (1,560,749) | $ (953,491) |
| Basic and diluted income (loss) per common share | $ (0.09) | $ (0.04) | $ (0.16) | $ (0.10) |
| Weighted average common shares outstanding | 9,882,184 | 9,882,184 | 9,882,184 | 9,882,184 |