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

Condensed Consolidated Statements of Operations

v3.6.0.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]            
REVENUES $ 11,160 $ 11,160
COSTS OF GOOD SOLD 5,717 5,717
GROSS PROFIT 5,443 5,443
OPERATING EXPENSES:            
General, and administrative expenses 213,275 266,018 595,757 681,059 1,008,755 4,014,859
Inventory impairment 958,575
Research and development 87,735 216,228 260,413 352,328 491,829 1,160,771
Sales and marketing 63,375 63,375
Depreciation and amortization 6,619 4,373 22,055 19,373 23,758 38,972
Stock based compensation 116,583 256,959 498,312 1,534,468 1,918,183 11,667,361
Total operating expenses 487,587 743,578 1,439,912 2,587,228 4,401,100 16,881,963
Loss from operations (482,144) (743,578) (1,434,469) (2,587,228) (4,401,100) (16,881,963)
OTHER INCOME (EXPENSES):            
Interest expense (888) (477) (2,307) (1,619) (2,334) (118,780)
Interest income 594 594 1,768 1,762 2,355 3,692
Other income 47,082 48,204 48,204
Gain on sale of assets 95,000 95,000 2,426
Total other income (expenses) (294) 117 46,543 143,347 143,225 (112,662)
Loss before the provision for income taxes (482,438) (743,461) (1,387,926) (2,443,881) (4,257,875) (16,994,625)
PROVISION FOR INCOME TAXES
NET LOSS $ (482,438) $ (743,461) $ (1,387,926) $ (2,443,881) $ (4,257,875) $ (16,994,625)
NET LOSS PER SHARE            
Basic $ (0.01) $ (0.01) $ (0.02) $ (0.04) $ (0.06) $ (0.28)
Diluted $ (0.01) $ (0.01) $ (0.02) $ (0.04) $ (0.06) $ (0.28)
SHARES USED IN CALCULATION OF NET INCOME PER SHARE            
Basic 79,581,511 67,955,379 73,949,386 66,000,101 66,873,761 60,225,524
Diluted 79,581,511 67,955,379 73,949,386 66,000,101 66,873,761 60,225,524