Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue - related party $ 3,200 $ 3,563 $ 10,575 $ 6,571
Total revenue 39,780 628,631 108,332 898,084
Cost of Revenue 9,761 544,898 27,685 752,496
Gross profit 30,019 83,733 80,647 145,588
Operating Expenses:        
Compensation - officers 30,000 30,000 60,000 60,000
Research and development 56,771 55,453 107,789 109,929
Professional fees 513,736 41,797 563,897 69,778
General and administrative 135,874 60,673 205,037 123,582
Total Operating Expenses 736,381 187,923 936,723 363,289
Loss from Operations (706,362) (104,190) (856,076) (217,701)
Other Income (Expense):        
Interest expense, net (388,901) 20 (443,020) 53
Other income 0 0 0 4,763
Total other expense (388,901) 20 (443,020) 4,816
Loss before income taxes (1,095,263) (104,170) (1,299,096) (212,885)
Tax expense 15 800 15 800
Net Loss $ (1,095,278) $ (104,970) $ (1,299,111) $ (213,685)
Weighted Average Number of Common Shares Outstanding - Basic and Diluted 34,641,405 34,574,706 34,417,219 34,574,706
Net Loss Per Common Share:        
Net loss per common share - Basic and Diluted $ (0.03) $ .00 $ (0.04) $ (0.01)
Revenue [Member]        
Revenue - related party $ 36,580 $ 625,068 $ 891,513 $ 97,757