Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Revenues $ 208,713 $ 117,277 $ 605,058 $ 117,277
Less: Discounts Allowed (2,554) (6,285)
Cost of Goods Sold (122,436) (96,683) (425,399) (96,683)
Gross Profit 83,723 20,594 173,374 20,594
Operating Expenses        
General and administrative 943,988 1,092,084 2,708,273 3,540,500
Sales and marketing 215,039 216,950 666,092 444,708
Research and development 46,219 70,151 201,529 461,924
Depreciation 6,728 7,109 20,622 20,000
Total Operating Expenses 1,211,974 1,386,294 3,596,516 4,467,132
Operating Loss (1,128,251) (1,365,700) (3,423,142) (4,446,538)
Other Expenses        
Foreign currency transaction loss 3,849 15,881
Interest expense 40,197 1,654 72,957 393,890
Total Other Expenses 44,046 1,654 88,838 393,890
Total Loss from Continuing Operations (1,172,297) (1,367,354) (3,511,980) (4,840,428)
Discontinued Operations        
Loss from discontinued operations 1,163
Total Loss from Discontinued Operations (1,163)
Net Loss (1,172,297) (1,367,354) (3,511,980) (4,841,591)
Dividend on outstanding Series B Preferred stock (11,563) (19,271)
Deemed dividend on beneficial conversion features (259,350)
Net loss attributable to common shareholders $ (1,183,860) $ (1,367,354) $ (3,790,601) $ (4,841,591)
Loss per share - Basic:        
Continuing Operations $ (0.05) $ (0.07) $ (0.16) $ (0.26)
Discontinued Operations
Net Loss per share (0.05) (0.07) (0.16) (0.26)
Loss per share - Diluted:        
Continuing Operations (0.05) (0.07) (0.17) (0.26)
Discontinued Operations
Net Loss per share $ (0.05) $ (0.07) $ (0.17) $ (0.26)
Weighted average outstanding shares used to compute basic net loss per share 23,473,314 20,504,932 22,786,208 18,332,398
Weighted average outstanding shares used to compute diluted net loss per share 23,473,314 20,504,932 22,786,208 18,332,398