Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

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
Sales        
Product revenue $ 53,375 $ 104,650 $ 204,280 $ 315,851
Product service revenue 3,641 15,218
Licensing revenue 441 4,315 8,212 4,315
Total sales 57,457 108,965 227,710 320,166
Cost of goods sold        
Product costs 20,254 32,941 82,354 93,976
Total cost of sales 20,254 32,941 82,354 93,976
Gross profit 37,203 76,024 145,356 226,190
Operating Expenses        
Research and development 11,561 39,595 283,869 87,602
Sales and marketing 19,350 68,420 130,475 741,813
General and administrative 245,174 175,936 803,103 1,040,550
Total operating expenses 276,085 283,951 1,217,447 1,869,965
Loss from operations (238,882) (207,927) (1,072,091) (1,643,775)
Other income (expense)        
Interest expense, net (16,049) (47,234) (32,751) (330,522)
Change in fair value of derivative liability 625,074 (3,759) 1,817,014 116,083
Change in fair value of warrant liability 1,091,663 1,091,663
Derivative expense (133,489) (281,515) (999,920)
Gain (loss) on settlement of debt (4,500) 198,261
Gain on forfeiture of technology transfer deposit 135,000
Gain on extinguishment of debt 4,581
Loss on settlement of vendor liability (5,235,869) (5,235,869)
Total Other income (expense) (3,539,681) (184,482) (2,636,877) (881,098)
Income (loss) before provision for income taxes (3,778,563) (392,409) (3,708,968) (2,524,873)
Provision for income taxes
Net income (loss) $ (3,778,563) $ (392,409) $ (3,708,968) $ (2,524,873)
Income (loss) per share        
Basic and diluted $ (0.00) $ (0.00) $ (0.00) $ (0.00)
Weighted average common shares outstanding - basic and diluted 3,873,380,471 1,669,527,890 2,931,417,714 1,456,764,275