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 | ||||
| REVENUE | $ 157,090 | $ 111,454 | $ 285,427 | $ 226,139 |
| COST OF SALES | 13,991 | 33,933 | 29,380 | 64,596 |
| GROSS MARGIN | 143,099 | 77,521 | 256,047 | 161,543 |
| OPERATING EXPENSES | ||||
| Sales and Marketing | 488,509 | 209,917 | 783,801 | 766,323 |
| Development and support | 251,904 | 106,452 | 422,547 | 378,328 |
| General and administrative | 45,208 | 426,315 | 365,834 | 913,369 |
| TOTAL OPERATING EXPENSES | 785,622 | 742,685 | 1,572,182 | 2,058,019 |
| OPERATING LOSS | (642,522) | (665,164) | (1,316,135) | (1,896,476) |
| OTHER EXPENSES | ||||
| Interest expense | 533,458 | 35,648 | 591,766 | 67,342 |
| Change in fair value of derivatives | 81,421 | 83,369 | ||
| Loss on settlement of debt, net | 14,937 | (450) | 65,604 | (450) |
| Total other expenses | 629,816 | 35,198 | 740,739 | 66,892 |
| NET LOSS | $ (1,272,338) | $ (700,362) | $ (2,056,874) | $ (1,963,368) |
| Net loss per common share - basic and diluted | $ (0.03) | $ (0.02) | $ (0.05) | $ (0.07) |
| Weighted average common shares outstanding: Basic and diluted | 42,221,745 | 31,103,771 | 40,336,895 | 29,611,485 |