Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.19.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Total revenue $ 392,946 $ 74,253 $ 930,862 $ 134,183
Cost of goods sold 73,702 91,392 229,744 137,578
Gross profit (loss) 319,244 (17,139) 701,118 (3,395)
Operating expenses:        
Employees compensation and contractors 338,317 168,885 831,773 386,876
Selling, general, and administrative 783,901 192,288 2,669,586 417,734
Research and development 115,047 58,833 196,805 215,461
Total operating expenses 1,237,265 420,006 3,698,164 1,020,071
Loss from operations (918,021) (437,145) (2,997,046) (1,023,466)
Other income (expense):        
Interest Income 21,023 38
Gain on extinguishment of debt 62,000
Interest expense (9,939) (20,187)
Other income (expense), net (9,939) 21,023 (20,187) 62,038
Net loss $ (927,960) $ (416,122) $ (3,017,233) $ (961,428)
Net loss per share, basic and diluted $ (0.02) $ (0.02) $ (0.08) $ (0.04)
Weighted average common shares outstanding - basic and diluted 41,823,505 26,439,818 40,092,030 24,174,314
Sales Net [Member]        
Total revenue $ 384,420 $ 74,253 $ 913,810 $ 134,183
Distributor License Fees [Member]        
Total revenue $ 8,526 $ 17,052