Quarterly report pursuant to Section 13 or 15(d)

Statement of Operations (Unaudited)

v3.3.0.814
Statement of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Revenue $ 4,602 $ 121,493 $ 94,782 $ 186,711
Cost of goods sold 50,069 82,061 148,957 158,605
Gross margin (45,467) 39,432 (54,175) 28,106
Operating expenses:        
Research and development 46,751 518,633 349,162 1,200,321
Sales and marketing 1,076 30,086 35,970 287,642
General and administrative 369,928 643,969 1,270,025 2,457,636
Total operating expenses 417,755 1,192,688 1,655,157 3,945,599
Operating loss (463,222) (1,153,256) (1,709,332) (3,917,493)
Interest Expense (102,500) (5,310) (338,407) (14,978)
Other income (expense) (181) (1,360) 77,394 (4,973)
Change in fair value of warrant liability 0 0 19,600 0
Loss on extinguishment of debt (219,993) 0 (219,993) 0
Change in fair value of derivative liabilities 252,014 0 274,331 0
Net loss $ (533,882) $ (1,159,926) $ (1,896,407) $ (3,937,444)
Net loss per share - basic and diluted $ (0.01) $ (0.03) $ (0.05) $ (0.10)
Weighted average shares outstanding basic and diluted 39,120,555 38,435,195 38,777,113 38,094,498