Income Statement

v3.8.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Revenues, net:    
Product $ 7,798,680 $ 7,796,319
Recurring 483,889 459,695
Total Net Revenues 8,282,569 8,256,014
Cost of Sales:    
Product 4,261,100 4,024,675
Recurring 176,131 124,842
Total Cost of Sales 4,437,231 4,149,517
Gross Profit 3,845,338 4,106,497
Operating Expenses:    
Research and development 1,770,597 1,658,640
Selling, general and administrative 5,512,925 6,336,879
Depreciation and amortization 51,229 34,289
Total Operating Expenses 7,334,751 8,029,808
Operating Loss (3,489,413) (3,923,311)
Other Income (Expenses):    
Interest income (expense), net 2,434 (60,246)
Total Other Income (Expenses) 2,434 (60,246)
Loss from Continuing Operations before Provision for Income Taxes (3,486,979) (3,983,557)
Provision for Income Taxes 9,762 20,114
Net loss from continuing operations (3,496,741) (4,003,671)
Discontinued Operations:    
Gain from sale of discontinued operations (net of tax) 6,630,244 0
Income from Discontinued Operations (Net of Tax) 612,875 2,627,758
Net income (loss) attributable to common stockholders $ 3,746,378 $ (1,375,913)
Net income (loss) per common share:    
Basic - continuing operations $ (0.03) $ (0.03)
Basic - discontinued operations 0.05 0.02
Basic - net income (loss) attributable to common stockholders 0.03 (0.01)
Diluted - continuing operations (0.03) (0.03)
Diluted - discontinued operations 0.05 0.02
Diluted - net income (loss) attributable to common stockholders $ 0.03 $ (0.01)
Weighted Average Common Shares Outstanding used in computing basic net loss per share 133,116,491 132,774,475
Weighted Average Common Shares Outstanding used in computing diluted net loss per share 133,116,491 132,774,475

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