Quarterly Financial Results (unaudited)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Results (unaudited)

8. Quarterly Financial Results (unaudited)

The following table sets forth certain unaudited quarterly results of operations of the Company for the year ended December 31, 2014. In the opinion of management, this information has been prepared on the same basis as the audited financial statements and all necessary adjustments, consisting only of normally recurring adjustments, have been included in the amounts stated below to present fairly the quarterly information when read in conjunction with the audited financial statements and related notes. The quarterly operating results are not necessarily indicative of future results of operations.

	For the Quarter Ended
	March 31,			June 30,			September 30,			December 31,
	2014			2014			2014			2014
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)

Revenue	$	—		$	—		$	—		$	—
Gross profit	—			—			—			—
Net loss attributable to common shares outstanding	(38,980		)	(193,836		)	(137,637		)	(303,502		)
Net loss per common share outstanding, basic and diluted	$	(0.006	)	$	(0.029	)	$	(0.021	)	$	(0.045	)

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References+ Details