Income Statement

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Total Net Revenue $ 1,464,016 $ 2,036,236 $ 6,043,374 $ 6,073,586
Total Cost of Sales 949,911 1,215,721 3,447,356 3,352,325
Gross Profit 514,105 820,515 2,596,018 2,721,261
Operating Expenses:        
Research and development 539,652 500,656 1,410,287 1,323,669
Selling, general and administrative 1,248,204 1,188,905 3,816,210 4,396,667
Depreciation and amortization 16,797 14,616 50,340 34,405
Total Operating Expenses 1,804,653 1,704,177 5,276,837 5,754,741
Operating loss (1,290,548) (883,662) (2,680,819) (3,033,480)
Other Income (Expenses):        
Interest income (expense), net 9,540 8,722 11,063 2,797
Total Other Income (Expense) 9,540 8,722 11,063 2,797
Loss from Continuing Operations Before (Benefit) Provision for Income Taxes (1,281,008) (874,940) (2,669,756) (3,030,683)
Provision (Benefit) for Income Taxes 0 (3,600) 2,000 4,301
Net Loss from Continuing Operations 1,281,008 (871,340) 2,671,756 (3,034,984)
Discontinued Operations:        
Gain from sale of discontinued operations (net of tax) 0 218,000 0 6,602,871
Income from discontinued operations (net of tax) 0 11,403 0 602,060
Net Income (loss) attributable to common stockholders $ (1,281,008) $ (641,937) $ (2,671,756) $ 4,169,947
Net income (loss) per common share:        
Basic - continuing operations $ (0.01) $ (0.01) $ (0.02) $ (0.02)
Basic - discontinued operations 0 0 0 0.05
Basic - net income (loss) attributable to common stockholders (0.01) (0.01) (0.02) 0.03
Diluted - continuing operations (0.01) (0.01) (0.02) (0.02)
Diluted - discontinued operations 0 0 0 0.05
Diluted - net income (loss) attributable to common stockholders $ (0.01) $ (0.01) $ (0.02) $ 0.03
Weighted Average Common Shares Outstanding- basic 133,989,919 133,231,367 133,892,730 133,007,830
Weighted Average Common Shares Outstanding - diluted 133,491,657 133,231,367 134,017,468 133,405,096
Product [Member]        
Total Net Revenue $ 1,319,046 $ 1,904,571 $ 5,643,509 $ 5,728,878
Total Cost of Sales 881,444 1,160,019 3,252,409 3,233,978
Recurring [Member]        
Total Net Revenue 144,970 131,665 399,865 344,708
Total Cost of Sales $ 68,467 $ 55,702 $ 194,947 $ 118,347

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