XML 44 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
NET REVENUES $ 179,744 $ 443,087 $ 560,069 $ 722,959
COST OF GOODS SOLD 102,359 51,299 242,808 157,696
GROSS PROFIT $ 77,385 391,788 $ 317,261 565,263
OPERATING EXPENSES        
Research and development 18,885 128,580
General and administrative $ 731,221 993,951 $ 3,081,191 3,285,923
Total Operating Expenses 731,221 1,012,836 3,081,191 3,414,503
LOSS FROM OPERATIONS (653,836) (621,048) (2,763,930) (2,849,240)
Interest expense $ (473,360) (98,766) (744,726) (395,603)
Loss on extinguishment of debt $ (406,833) (32,500) $ (406,833)
Change in fair value of derivative liability $ 268,449 316,378
NET LOSS $ (858,747) $ (1,126,647) $ (3,224,778) $ (3,651,676)
BASIC LOSS AND DILUTED LOSS PER SHARE $ (0.02) $ (0.04) $ (0.06) $ (0.13)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING- BASIC AND DILUTED (in shares) 55,076,819 30,429,832 50,486,501 28,765,696