v3.20.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
REVENUES, net $ 66,502 $ 229,142 $ 343,836 $ 439,505
COST OF GOODS SOLD 27,516 120,818 129,381 254,479
GROSS PROFIT 38,986 108,324 214,455 185,026
OPERATING EXPENSES:        
Salaries and wages 353,965 387,636 1,068,120 1,177,362
Professional fees 121,844 375,298 462,286 817,546
Selling, general, and administrative expenses 105,461 206,042 467,778 731,487
Stock based compensation 144,062 175,712 488,437 534,774
Research and development 10,681 145,273 102,457 250,141
Depreciation and amortization 8,733 10,074 26,200 29,102
Total operating expenses 744,746 1,300,035 2,615,278 3,540,412
Loss from operations (705,760) (1,191,711) (2,400,823) (3,355,386)
OTHER INCOME (EXPENSE):        
Change in fair value of derivative liability (268,711) (20,524) (191,545) (3,139)
Gain on modification of debt instruments 40,133 394,924
Other income 10,000
Loss on abandonment of patents (36,205) (36,205)
Interest expense (419,993) (185,186) (1,870,097) (256,010)
Total other (expense) income, net (648,571) (241,915) (1,656,718) (295,354)
Loss before the provision for income taxes (1,354,331) (1,433,626) (4,057,541) (3,650,740)
PROVISION FOR INCOME TAXES
NET LOSS $ (1,354,331) $ (1,433,626) $ (4,057,541) $ (3,650,740)
NET LOSS PER SHARE        
Basic $ (1.79) $ (2.10) $ (5.51) $ (5.38)
Diluted $ (1.79) $ (2.10) $ (5.51) $ (5.38)
SHARES USED IN CALCULATION OF NET LOSS PER SHARE        
Basic 755,847 683,731 736,719 678,108
Diluted 755,847 683,731 736,719 678,108

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