XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
REVENUES    
AfterMaster Revenues $ 120,715 $ 54,486
AfterMaster Product Revenues 94,681 0
Total Revenues 215,396 54,486
COSTS AND EXPENSES    
Cost of Revenues (Exclusive of Depreciation and Amortization) 156,328 162,095
Depreciation and Amortization Expense 38,969 40,539
Research and Development 2,194 66,995
Advertising and Promotion Expense 2,016 15,079
Legal and Professional Expense 14,190 24,266
Non-Cash Consulting Expense 76,438 871,971
General and Administrative Expenses 786,990 712,836
Total Costs and Expenses 1,077,125 1,893,781
Loss from Operations (861,729) (1,839,295)
Other Expense    
Interest Expense (855,451) (369,073)
Derivative Expense (137,466) 0
Change in Fair Value of Derivative 202,820 (111)
Loss on Extinguishment of Debt 90,042 0
Total Other Expense (700,055) (369,184)
Loss Before Income Taxes (1,561,784) (2,208,479)
Income Tax Expense 0 0
NET LOSS (1,561,784) (2,208,479)
Preferred Stock Accretion and Dividends 56,367 42,238
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS $ (1,618,151) $ (2,250,717)
Basic and diluted Loss Per Share of Common Stock $ (0.01) $ (0.02)
Weighted Average Number of Shares Outstanding 119,459,942 102,516,086
Other Comprehensive Income, net of tax    
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS $ (1,618,151) $ (2,250,717)
Unrealized gain on AFS Securities (75,660) 23,400
COMPREHENSIVE LOSS $ (1,693,811) $ (2,227,317)