Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.20.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue - related party $ 295,937 $ 3,000
Total revenue 310,609 153,883
Cost of Revenue 338,072 131,731
Gross profit (loss) (27,463) 22,152
Operating Expenses:    
Selling expense 15,070 0
Compensation - officers 34,000 35,000
Research and development 70,396 62,004
Professional fees 433,539 350,399
General and administrative 389,813 110,653
Total Operating Expenses 942,818 558,056
Loss from Operations (970,281) (535,904)
Other Income (Expense):    
Interest income (expense), net 1,275 725
Interest (expense) - related party (81) 0
Other income 46,781 0
Total Other Income (Expense) 47,975 725
Loss before Income Taxes (922,306) (535,179)
Income tax expense 0 0
Net Loss $ (922,306) $ (535,179)
Weighted Average Number of Common Shares Outstanding - Basic and Diluted 40,959,741 40,917,475
Net loss per common share - Basic and Diluted $ (0.02) $ (0.01)
Revenue [Member]    
Total revenue $ 295,937 $ 150,883