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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net revenues        
Net revenues $ 574,684 $ 597,882 $ 1,149,690 $ 1,300,414
Net revenues - related parties 220,586 240,102 585,972 574,862
Total net revenues 795,270 837,984 1,735,662 1,875,276
Cost of net revenues        
Cost of net revenues 394,429 368,979 794,192 933,889
Cost of net revenue-related parties 109,589 148,144 293,043 344,917
Royalties expense - related parties 12,761 20,714 42,247 46,332
Total cost of net revenues 516,788 537,837 1,129,482 1,325,138
Gross profit 278,482 300,147 606,180 550,138
Operating expenses        
Selling, general and administrative 225,194 161,929 555,561 474,944
Research and development costs 12,730 10 13,935 1,425
Total operating expenses 237,924 161,939 569,496 476,369
Income from operations 40,558 138,208 36,684 73,769
Other (income) expense, net        
Other (income) expense, net (1,038) (3,173) (2,245) (274,117)
Interest expense 7,750 7,734 23,140 23,251
Interest expense - related parties 499 572
Total other (income) expense, net 6,712 5,060 20,895 (250,294)
Net income before provision for income taxes 33,846 133,148 15,789 324,063
Income tax
Net income $ 33,846 $ 133,148 $ 15,789 $ 324,063
Basic income per common share $ 0.00 $ 0.00 $ 0.00 $ 0.00
Diluted income per common share $ 0.00 $ 0.00 $ 0.00 $ 0.00
Basic weighted average common shares outstanding 78,710,793 58,773,434 74,243,470 69,481,418
Diluted weighted average common shares outstanding 136,867,655 63,618,438 132,400,332 74,326,422