XML 25 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current Assets    
Cash $ 1,771,426 $ 6,684,576
Prepaid expenses 117,297 $ 156,730
Inventory 1,878
Total Current Assets 1,890,601 $ 6,841,306
Property and Equipment, net of accumulated depreciation 25,016 $ 24,450
Deposits 2,751
Patent 10,155,645
Total Assets 12,074,013 $ 6,865,756
Current Liabilities    
Accounts payable 118,775 140,678
Accrued liabilities 276,547 219,429
Total Current Liabilities 395,322 $ 360,107
Long-Term Liabilities    
Notes Payable 236,738
Deferred Rent 197
Total Long-Term Liabilities 236,935
Total Liabilities $ 632,257 $ 360,107
Stockholders' Equity    
Preferred stock - $.001 par value: 500,000 shares authorized, no shares outstanding
Common stock - $.001 par value: 49,500,000 shares authorized, 11,256,175 and 9,172,480 shares issued at September 30, 2015 and December 31, 2014, respectively, 11,039,518 and 9,172,480 shares outstanding at September 30, 2015 and December $ 11,256 $ 9,173
Additional paid-in capital 19,805,517 10,106,841
Accumulated deficit during the development stage (8,375,017) (3,610,365)
Total Stockholders' Equity 11,441,756 6,505,649
Total Liabilities and Stockholders' Equity $ 12,074,013 $ 6,865,756