General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Operations

v3.5.0.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]            
REVENUES
OPERATING EXPENSES:            
Selling, general, and administrative expenses 160,351 87,771 382,482 627,558 1,008,755 4,014,859
Inventory impairment 958,575
Research and development 106,491 54,078 172,678 339,224 491,829 1,160,771
Depreciation and amortization 7,688 4,376 15,436 15,000 23,758 38,972
Stock based compensation 485,842 381,729 861,868 1,918,183 11,667,361
Total operating expenses 274,530 632,067 952,325 1,843,650 4,401,100 16,881,963
Loss from operations (274,530) (632,067) (952,325) (1,843,650) (4,401,100) (16,881,963)
OTHER INCOME (EXPENSES):            
Interest expense (881) (989) (1,419) (1,142) (2,334) (118,780)
Interest income 587 587 1,174 1,168 2,355 3,692
Other income 48,204 48,204 48,204
Gain on sale of assets 95,000 95,000 2,426
Total other income (expenses) (294) 47,802 (245) 143,230 143,225 (112,662)
Loss before the provision for income taxes (274,824) (584,265) (952,570) (1,700,420) (4,257,875) (16,994,625)
PROVISION FOR INCOME TAXES 47,082 47,082
NET LOSS $ (227,742) $ (584,265) $ (905,488) $ (1,700,420) $ (4,257,875) $ (16,994,625)
NET LOSS PER SHARE            
Basic $ (0.00) $ (0.01) $ (0.01) $ (0.03) $ (0.06) $ (0.28)
Diluted $ (0.00) $ (0.01) $ (0.01) $ (0.03) $ (0.06) $ (0.28)
SHARES USED IN CALCULATION OF NET INCOME PER SHARE            
Basic 73,116,801 65,734,606 71,102,378 65,006,258 66,873,761 60,225,524
Diluted 73,116,801 65,734,606 71,102,378 65,006,258 66,873,761 60,225,524