v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
SALES $ 89,301 $ 118,850 $ 230,586 $ 313,294
COST OF SALES (excluding depreciation expense) 15,998 22,555 44,010 64,177
GROSS PROFIT 73,303 96,295 186,576 249,117
OPERATING EXPENSES:        
Compensation and related benefits (including stock-based compensation of $1,836,653 and $874,604 for the three months ended September 30, 2018 and 2017, and $5,101,319 and $2,111,620 for the nine months ended September 30, 2018 and 2017, respectively) 2,161,564 1,122,370 5,903,804 2,854,974
Research and development 80,376 16,958 148,981 122,347
Professional fees 213,386 24,415 776,618 58,117
General and administrative expenses 112,436 69,046 311,596 294,171
Total Operating Expenses 2,567,762 1,232,789 7,140,999 3,329,609
LOSS FROM OPERATIONS (2,494,459) (1,136,494) (6,954,423) (3,080,492)
OTHER EXPENSES:        
Loss on debt extinguishment (383,475)
Settlement expense (200,000) (200,000)
Interest expenses (4,865) (49,003) (5,282)
Total Other Expenses (200,000) (4,865) (632,478) (5,282)
NET LOSS $ (2,694,459) $ (1,141,359) $ (7,586,901) $ (3,085,774)
NET LOSS PER COMMON SHARE:        
Basic and diluted $ (0.04) $ (0.03) $ (0.11) $ (0.07)
WEIGHTED AVERAGE COMMON SHARE OUTSTANDING:        
Basic and diluted 75,591,641 45,229,381 68,041,147 45,212,010

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