Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Operations (Unaudited)

v3.19.2
Consolidated Statement of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Details        
Revenues $ 93,088 $ 8,174 $ 110,149 $ 22,422
Cost of goods sold 87,641 2,281 92,022 3,989
Gross profit 5,447 5,893 18,127 18,433
Operating Expenses:        
Research and development expenses 991,637 672,743 1,524,316 1,351,398
Selling, general and administrative 856,887 673,313 2,629,718 2,042,556
Depreciation 839 839 1,678 1,678
Total operating expenses 1,849,363 1,346,895 4,155,712 3,395,632
Loss from operations (1,843,916) (1,341,002) (4,137,585) (3,377,199)
Other (Income) expenses:        
Unrealized gain on marketable securities (113,400) 0 (138,400) 0
Amortization of Debt Discount 18,662 224,811 37,325 805,474
Interest expense 55,970 112,753 111,317 259,385
Total other (income) expenses (38,768) 337,564 10,242 1,064,859
Loss before provision of income tax (1,805,148) (1,678,566) (4,147,827) (4,442,058)
Provision for income tax 0 0 0 0
Net Income (Loss) Attributable to Parent (1,805,148) (1,678,566) (4,147,827) (4,442,058)
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS $ (1,805,148) $ (1,678,566) $ (4,147,827) $ (4,442,058)
Loss per common share - basic and diluted $ (0.03) $ (0.03) $ (0.07) $ (0.08)
Weighted average common shares outstanding - basic and diluted 61,611,271 56,930,136 60,936,194 55,985,893