XML 21 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
REVENUES        
Service $ 932,140 $ 704,489 $ 2,197,683 $ 1,988,584
Rent and interest 32,902 25,565 99,251 93,398
Product Sales 14,949 80,326 235,767 122,452
Total revenues 979,991 810,380 2,532,701 2,204,434
COSTS AND EXPENSES        
Cost of service revenues 752,154 564,687 1,757,241 1,547,474
Cost of goods sold 32,459 68,992 240,577 112,649
Selling, general and administrative 657,532 409,403 1,976,244 1,146,022
Share-based expense 839,322 872,217 2,995,251 1,974,191
Professional fees 126,303 95,520 454,591 276,706
Depreciation and amortization 39,885 97,988 88,788 292,329
Total costs and expenses 2,447,655 2,108,807 7,512,692 5,349,371
OPERATING LOSS (1,467,664) (1,298,427) (4,979,991) (3,144,937)
OTHER (INCOME) EXPENSE        
Amortization of debt discount 284,900 111,837 1,134,432 327,455
Interest expense 81,563 5,276,550 240,380 5,381,125
Loss on extinguishment of debt   1,728,280   2,086,280
(Gain) loss on derivative warrant liability (2,421,000) 6,032,000 (10,580,000) 6,032,000
Total other (income) expense, net (2,054,537) 13,148,667 (9,205,188) 13,826,860
NET INCOME (LOSS) $ 586,873 $ (14,447,094) $ 4,225,197 $ (16,971,797)
Net income (loss) per share:        
Basic (in Dollars per share) $ 0.03 $ (0.93) $ 0.21 $ (1.11)
Diluted (in Dollars per share) $ (0.06) $ (0.93) $ (0.21) $ (1.11)
Weighted average number of common shares outstanding:        
Basic (in Shares) 20,654,502 15,495,421 19,883,329 15,270,968
Diluted (in Shares) 29,186,775 15,495,421 29,624,188 15,270,968