XML 16 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]    
Revenues, net $ 272,920 $ 796,756
Cost of revenues 39,504 503,238
Gross profit 233,416 293,518
Operating expenses 1,067,216 1,431,829
Loss from operations (833,800) (1,138,311)
Other income (expense):    
Interest income (expense), net (946) 1,065
Other income, net 987 408,581
Realized loss on investments in available-for-sale securities 0 (79,983)
Write down of other receivables (115,913) (334,719)
Gain on settlement of liabilities 0 34,759
Unrealized loss on stock price guarantee (358,850) (554,732)
Total other (expense), net (474,722) (525,029)
Loss before provision for income taxes (1,308,522) (1,663,340)
Provision for income taxes 975 2,430
Net loss $ (1,309,497) $ (1,665,770)
Loss per share - basic and diluted $ (0.18) $ (0.25)
Weighted average number of common shares outstanding - basic and diluted 7,192,919 6,607,441