General form of registration statement for all companies including face-amount certificate companies

Consolidated Statements of Operations

v3.8.0.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]    
Revenue $ 891,513 $ 1,116,219
Revenue - related party 6,571 5,759
Total Revenue 898,084 1,121,978
Cost of revenue 726,252 866,559
Gross profit 171,832 255,419
Operation Expenses:    
Compensation - officers 120,000 121,385
Research and development 208,238 201,899
Professional fees 107,899 142,955
General and administrative 255,531 256,210
Total Operating Expenses 691,668 722,449
Loss from Operations (519,836) (467,030)
Other Income (Expense):    
Interest expense, net (105,830) 91
Other income 0 588
Other expense (1) (588)
Total other expense (105,831) 91
Loss before income taxes (625,667) (466,939)
Tax expense 694 495
Net Loss $ (626,361) $ (467,434)
Weighted Average Number of Common Shares Outstanding - Basic and Diluted 34,574,706 34,574,706
Net loss per common share - Basic and Diluted [1] $ (.02) $ (0.01)
[1] * Denotes a loss of less than $(0.01) per share