XML 13 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues $ 46,017 $ 13,942
Cost of revenue (22,530) (6,081)
Gross profit 23,487 7,861
Selling, general and administrative expenses 1,055,055 930,907
Research and development 391,336 351,050
Depreciation and amortization 7,924 2,730
Total operating expenses 1,454,315 1,284,687
Operating loss (1,430,828) (1,276,826)
Other (expense) income:    
Interest expense (953,636) (406,325)
Change in derivative liability 265,600
Grant income 58,788 38,758
Total Other (expense) income (629,248) (367,567)
Net loss (2,060,076) (1,644,393)
Net loss attributable to noncontrolling interest (63,256) (66,972)
Net loss attributable to common shareholders $ (1,996,820) $ (1,577,421)
Loss per share attributable to stockholders – basic and diluted (in dollars per share) $ (0.02) $ (0.02)
Weighted average number of common shares outstanding: (in shares) 94,444,945 85,847,219
Foreign translation adjustment $ (11,376) $ (9,318)
Comprehensive loss (2,071,452) (1,653,711)
Comprehensive loss attributable to noncontrolling interest (63,256) (66,972)
Comprehensive loss attributable to stockholders $ (2,008,196) $ (1,586,739)