XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operation (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Revenue $ 950 $ 950
Cost of revenue 868 868
Gross profit 82 82
Operating expenses:        
Research and development 128,660 194,155 259,501 388,162
General and administrative 305,560 306,213 585,292 614,054
Sales and marketing 73,780 101,214 148,634 180,627
Total operating expenses 508,000 601,582 993,427 1,182,843
Loss from operations (508,000) (601,500) (993,427) (1,182,761)
Other income (expense)        
Interest expense (266,496) (208,347) (815,230) (579,299)
Change in fair value of derivative and warrant liabilities (452,019) 624,873 (284,232) (262,621)
Amortization of derivative and warrant liabilities discount (137,618) (94,735) (268,026) (236,296)
Amortization of deferred debt issuance costs and original issue discount (7,978) (62,920) (14,712) (125,450)
Gain on extinguishment of debt 161,573 245,908 172,124 247,074
Income (loss) on foreign exchange transactions (32,436) 13,616 (38,529) 4,691
Other income (expense), net (8,233) (5,077) (12,951) (9,854)
Non operating Income (Expense), net (743,207) 513,318 (1,261,556) (961,755)
Net loss $ (1,251,207) $ (88,182) $ (2,254,983) $ (2,144,516)
Basic and diluted loss per share $ (0.00) $ (0.00) $ (0.00) $ (0.00)
Weighted average common shares outstanding: Basic and diluted 1,490,570,290 668,866,352 1,291,451,398 640,797,803