CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2015 |
Sep. 30, 2014 |
Sep. 30, 2015 |
Sep. 30, 2014 |
|
| Net sales (including sales to related parties of $6,199 and $22,106 for the three months ended September 30, 2015 and 2014, respectively, and $51,229 and $80,241 for the nine months ended September 30, 2015 and 2014, respectively) | $ 456,787 | $ 582,956 | $ 1,397,244 | $ 1,510,201 |
| Cost of goods sold | 392,606 | 513,226 | 1,104,723 | 1,284,933 |
| Gross profit | 64,181 | 69,730 | 292,521 | 225,268 |
| Operating expenses: | ||||
| General and administrative expenses | 646,788 | 306,608 | 1,264,436 | 764,638 |
| Selling and marketing expenses | 371,211 | 596,699 | 994,544 | 1,976,351 |
| Total operating expenses | 1,017,999 | 903,307 | 2,258,980 | 2,740,989 |
| Operating Loss | (953,818) | (833,577) | (1,966,459) | (2,515,721) |
| Other expenses: | ||||
| Other expense | 0 | 0 | (3,327) | 0 |
| Interest expense | (872) | (23,845) | (47,056) | (86,190) |
| Total other expenses | (872) | (23,845) | (50,383) | (86,190) |
| Net loss | $ (954,690) | $ (857,422) | $ (2,016,842) | $ (2,601,911) |
| Weighted average number of common shares outstanding - basic and diluted (in shares) | 4,470,639 | 2,633,334 | 3,450,625 | 2,633,334 |
| Basic and diluted net loss per share (in dollars per share) | $ (0.21) | $ (0.33) | $ (0.58) | $ (0.99) |