Quarterly report pursuant to Section 13 or 15(d)

Statement of Operations (Unaudited)

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Statement of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Revenue $ 121,493 $ 217,520 $ 186,711 $ 242,974
Cost of goods sold 82,061 118,515 158,605 174,424
Gross margin 39,432 99,005 28,106 68,550
Operating expenses:        
Research and development 518,632 151,946 1,200,321 200,428
Sales and marketing 30,086 102,840 287,642 251,236
General and administrative 643,970 954,261 2,457,636 1,904,008
Total operating expenses 1,192,688 1,209,047 3,945,599 2,355,672
Operating loss (1,153,256) (1,110,042) (3,917,493) (2,287,122)
Interest Expense (5,310) (4,842) (14,978) (14,431)
Other expense (1,259) 0 (4,151) 0
Foreign currency loss (101) (1,979) (822) (1,979)
Net loss $ (1,159,926) $ (1,116,863) $ (3,937,444) $ (2,303,532)
Net loss per share - basic and diluted $ (0.03) $ (0.04) $ (0.10) $ (0.11)
Weighted average shares outstanding basic and diluted 38,435,195 26,025,815 38,094,498 21,411,649