XML 29 R4.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
REVENUE        
Sales $ 200,258 $ 295,604 $ 570,098 $ 536,278
Royalty and license fees 12,500 12,500 25,000 25,000
Total revenue 212,758 308,104 595,098 561,278
COST OF GOODS SOLD 184,949 221,330 358,807 393,502
GROSS MARGIN 27,809 86,774 236,291 167,776
OPERATING EXPENSES        
Research and development, net 64,066 64,749 115,835 140,212
Selling, general and administrative 310,313 712,405 745,148 1,090,420
TOTAL OPERATING EXPENSES 374,379 777,154 860,983 1,230,632
LOSS FROM OPERATIONS (346,570) (690,380) (624,692) (1,062,856)
OTHER INCOME (EXPENSE)        
Interest expense (629,073) (262,353) (1,101,448) (489,712)
Change in fair value of derivative liabilities 178,231 86,967 202,493 (21,607)
Gain on extinguishment of debt 45,476 195,675 53,549 195,675
TOTAL OTHER INCOME (EXPENSE), NET (405,366) 20,288 (845,406) (315,646)
NET LOSS $ (751,936) $ (670,091) $ (1,470,098) $ (1,378,501)
NET LOSS PER COMMON SHARE, BASIC AND DILUTED $ (0.00) $ (0.00) $ (0.01) $ (0.01)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED 190,333,742 142,546,872 171,045,306 140,957,979