XML 13 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Net sales $ 1,250 $ 3,155 $ 3,347 $ 35,803
Costs and expenses:        
General and administrative 71,434 16,067,625 2,330,560 21,749,750
Acquisition contingency 2,280,331
Total costs and expenses 71,434 16,067,625 2,330,560 24,030,081
Loss from operations (70,184) (16,064,470) (2,327,213) (23,994,278)
Other income (expense)        
Interest and financing costs (157,644) (173,281) (906,765) (418,918)
Change in fair value of derivative liability 198,118 7,577 1,580,668 105,274
Total other income (expense) 40,474 (165,704) 673,903 (313,644)
Loss before provision for income taxes (29,710) (16,230,174) (1,653,310) (24,307,922)
Provision for income taxes
Net loss (29,710) (16,230,174) (1,653,310) (24,307,922)
Preferred stock dividend 95,400
Net loss attributed to common stockholders $ (29,710) $ (16,230,174) $ (1,653,310) $ (24,403,322)
Weighted average shares outstanding (1):        
Basic [1] 1,054,911,034 60,067,108 446,980,621 20,172,462
Diluted [1] 1,054,911,034 60,067,108 446,980,621 20,172,462
Loss per share        
Basic $ 0 $ (0.27) $ 0 $ (1.21)
Diluted $ 0 $ (0.27) $ 0 $ (1.21)
[1] The number of issued and outstanding shares of common stock reflects the amount immediately after a 3,000 to 1 reverse split of the Company's common stock that was effective on April 27, 2015, and after a 19,000 to 1 reverse stock split effective on August 8, 2016.