Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.19.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]    
Revenue $ 31,723 $ 29,356
Operating expenses:    
Direct expenses 67,133 49,761
Research and development 182,665 177,646
Sales and marketing 77,166 23,906
General and administrative 1,738,168 1,043,699
Impairment of goodwill 1,246,002
Total operating expenses 3,311,134 1,295,012
Operating loss (3,279,411) (1,265,656)
Other (expenses) income:    
Interest expense (729,158) (1,656,343)
Financing costs (78,534) (125,664)
Gain (loss) on extinguishment of debt 2,374 (81,541)
Change in fair value of derivative liability 83,287 904,896
Change in fair value of warrant liability 400,225 639,435
Total other (expenses) income (321,806) (319,217)
Loss before provision for income taxes (3,601,217) (1,584,873)
Provision for income taxes
Net loss $ (3,601,217) $ (1,584,873)
Net loss per share - basic and diluted (in dollars per share) $ (0.04) $ (0.03)
Weighted average shares outstanding basic and diluted (in shares) 102,498,023 51,467,103