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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues $ 96,122 $ 159,930 $ 429,788 $ 336,246
Cost of sales 50,921 66,115 201,998 108,541
Gross Profit 45,201 93,815 227,790 227,705
Operating Expenses        
Marketing and promotion 40,412 41,840 134,440 89,169
Consulting 282,536 154,492 786,596 979,255
Research and development 615,648 290,707 1,474,992 1,077,778
General and administrative 596,515 502,783 2,210,442 1,687,415
Total Operating Expenses 1,535,111 989,822 4,606,470 3,833,617
Loss From Operations (1,489,910) (896,007) (4,378,680) (3,605,912)
Other (Expense) Income        
Interest expense (80,647) (74,780) (205,383) (220,301)
Amortization of debt discount (37,063) (137,167) (177,947) (381,602)
Loss on extinguishment of notes payable, net 0 0 (26,029) (49,094)
Warrant modification expense (16,215) 0 (16,215) (30,128)
Gain on settlement of payables 0 7,500 0 183,768
Total Other Expense (133,925) (204,447) (425,574) (497,357)
Net Loss $ (1,623,835) $ (1,100,454) $ (4,804,254) $ (4,103,269)
Net Loss Per Share        
- Basic and Diluted (in dollars per share) $ (0.57) $ (0.81) $ (2.11) $ (3.51)
Weighted Average Number of Common Shares Outstanding        
- Basic and Diluted (in shares) 2,829,416 1,352,188 2,275,223 1,170,139