v3.20.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenue    
Net sales $ 1,599,864 $ 1,730,000
Service income 15,000
Total Revenue 1,599,864 1,745,000
Cost and Expenses    
Cost of sales 1,587,222 1,661,849
Operating expenses 8,569,231 8,096,033
Total Cost and Expenses 10,156,453 9,757,882
Loss from Operations (8,556,589) (8,012,882)
Non-Operating Income (Loss)    
Foreign currency exchange gain (loss) 586,040 (128,362)
Other loss, net (5,759) (2,973)
Net Non-Operating Income (Loss) 580,281 (131,335)
Loss Before Income Taxes (7,976,308) (8,144,217)
Income Tax Expense 3,251 4,123
Net Loss (7,979,559) (8,148,340)
Other Comprehensive Income (Loss)    
Foreign currency translation adjustments (602,603) 123,428
Total Comprehensive Loss $ (8,582,162) $ (8,024,912)
Net Loss Per Common Share:    
Basic $ (0.8597) $ (0.9205)
Diluted $ (0.8597) $ (0.9205)
Weighted Average Shares Outstanding - Basic 9,380,450 8,852,094
Weighted Average Shares Outstanding - Diluted 9,380,450 8,852,094

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