v3.19.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2018
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Revenue          
Net sales $ 1,730,000 $ 1,730,000
Service income 15,000 15,000
Total Revenue 1,745,000 1,745,000
Cost and Expenses          
Cost of sales 1,661,849 1,661,849
Operating expenses 1,450,899 6,645,134 6,233,393 8,096,033 7,147,597
Total Cost and Expenses 1,450,899 8,306,983 6,233,393 9,757,882 7,147,597
Loss from Operations (1,450,899) (6,561,983) (6,233,393) (8,012,882) (7,147,597)
Net Non-Operating Income (Loss) (4,222) (127,113) (1,877) (131,335) 23,652
Loss Before Income Taxes (1,455,121) (6,689,096) (6,235,270) (8,144,217) (7,123,945)
Income Tax Expense 4,062 61 6,134 4,123 8,519
Net Loss (1,459,183) (6,689,157) (6,241,404) (8,148,340) (7,132,464)
Other Comprehensive Income (Loss)
Change in foreign currency translation adjustments 2,934 120,494 (107) 123,428 (3,454)
Total Comprehensive Loss $ (1,456,249) $ (6,568,663) $ (6,241,511) $ (8,024,912) $ (7,135,918)
Net Loss Per Common Share:          
Basic $ (0.176) $ (0.7403) $ (0.7602) $ (0.9205) $ (0.8736)
Diluted $ (0.176) $ (0.7403) $ (0.7602) $ (0.9205) $ (0.8736)
Weighted Average Shares Outstanding - Basic 8,292,034 9,035,386 8,210,464 8,852,094 8,164,313
Weighted Average Shares Outstanding - Diluted 8,292,034 9,035,386 8,210,464 8,852,094 8,164,313

Source