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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
Net revenues        
Net revenues $ 674,011 $ 574,684 $ 1,542,531 $ 1,149,690
Net revenues - related parties 213,719 220,586 510,132 585,972
Total net revenues 887,730 795,270 2,052,663 1,735,662
Cost of net revenues        
Cost of net revenues 464,473 394,438 1,275,541 794,192
Cost of net revenues – related parties 175,286 109,589 254,201 293,043
Royalties expense - related parties 19,137 12,761 42,532 42,247
Total cost of net revenues 658,896 516,788 1,572,274 1,129,482
Gross profit 228,834 278,482 480,389 606,180
Operating expenses        
Selling, general and administrative 239,986 225,194 743,695 555,561
Research and development costs 32,346 12,730 75,522 13,935
Total operating expenses 272,332 237,924 819,217 569,496
(Loss) income from operations (43,498) 40,558 (338,828) 36,684
Other (income) expense, net        
Other (income) expense, net (1,038) (2,245)
Interest expense 6,294 7,750 38,107 23,140
Total other (income) expense, net 6,294 6,712 38,107 20,895
Net (loss) income before provision for income taxes (49,792) 33,846 (376,935) 15,789
Provision for income tax expense
Net (loss) income $ (49,792) $ 33,846 $ (376,935) $ 15,789
Basic (loss) income per common share
Diluted (loss) income per common share
Basic weighted average common shares outstanding 104,404,703 78,710,793 103,283,065 74,243,470
Diluted weighted average common shares outstanding 104,404,703 136,867,655 103,283,065 132,400,332