Quarterly report pursuant to Section 13 or 15(d)

Statement of Operations (Unaudited)

v3.5.0.2
Statement of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Revenue $ 11,695 $ 4,602 $ 40,283 $ 94,782
Cost of goods sold 17,233 50,069 41,862 148,957
Gross deficit (5,538) (45,467) (1,579) (54,175)
Operating expenses:        
Research and development 16,071 46,751 57,772 349,162
Sales and marketing 22,705 1,076 94,219 35,970
General and administrative 471,944 369,928 798,717 1,270,025
Total operating expenses 510,720 417,755 950,708 1,655,157
Operating loss (516,258) (463,222) (952,287) (1,709,332)
Interest expense (1,176,014) (102,500) (1,523,026) (338,407)
Other income (expense) (1) (181) (4,010) 77,394
Change in fair value of warrant liability 0 0 0 19,600
Financing cost (350,000) 0 (350,000) 0
Loss on extinguishment of debt 0 (219,993) 0 (219,993)
Fair value of derivative liabilities (2,577,655) 252,014 (2,577,655) 274,331
Net loss $ (4,619,928) $ (533,882) $ (5,406,978) $ (1,896,407)
Net loss per share - basic and diluted $ (0.10) $ (0.01) $ (0.13) $ (0.05)
Weighted average shares outstanding basic and diluted 45,107,792 39,120,555 42,615,867 38,777,113