v3.19.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
REVENUES, net $ 229,142 $ 549,540 $ 439,505 $ 1,134,899
COST OF GOODS SOLD 120,818 240,152 254,479 521,353
GROSS PROFIT 108,324 309,388 185,026 613,546
OPERATING EXPENSES:        
Salaries and wages 387,636 387,119 1,177,362 1,202,576
Professional fees 375,298 225,875 817,546 637,042
Selling, general, and administrative expenses 206,042 350,630 731,487 1,168,747
Stock based compensation 175,712 180,562 534,774 443,249
Research and development 145,273 86,115 250,141 214,093
Depreciation and amortization 10,074 6,718 29,102 23,853
Total operating expenses 1,300,035 1,237,019 3,540,412 3,689,560
Loss from operations (1,191,711) (927,631) (3,355,386) (3,076,014)
OTHER INCOME (EXPENSE):        
Interest income 3 7 5 1,941
Other income 556
Change in fair value of derivative liability (20,524) (3,139)
Loss on abandonment of patents (36,205) (36,205)
Interest expense (185,189) (1,264) (256,015) (3,356)
Total other (expense) income, net (241,915) (1,257) (295,354) (859)
Loss before the provision for income taxes (1,433,626) (928,888) (3,650,740) (3,076,873)
PROVISION FOR INCOME TAXES
NET LOSS $ (1,433,626) $ (928,888) $ (3,650,740) $ (3,076,873)
NET LOSS PER SHARE        
Basic $ (0.01) $ (0.01) $ (0.03) $ (0.02)
Diluted $ (0.01) $ (0.01) $ (0.03) $ (0.02)
SHARES USED IN CALCULATION OF NET LOSS PER SHARE        
Basic 136,640,761 130,083,598 135,516,490 125,271,516
Diluted 136,640,761 130,083,598 135,516,490 125,271,516

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