Income Statement

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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
Total Net Revenue $ 2,974,162 $ 2,124,123 $ 4,579,358 $ 4,037,350
Total Cost of Sales 1,443,211 1,098,541 2,497,445 2,136,604
Gross Profit 1,530,951 1,025,582 2,081,913 1,900,746
Operating Expenses:        
Research and development 431,856 444,557 870,636 823,013
Selling, general and administrative 1,291,103 1,438,069 2,568,006 3,207,762
Depreciation and amortization 16,628 9,880 33,543 19,789
Total Operating Expenses 1,739,587 1,892,506 3,472,185 4,050,564
Operating loss (208,636) (866,924) (1,390,272) (2,149,818)
Other Income (Expenses):        
Interest income (expense), net 4,054 4,428 1,524 (5,925)
Total Other Income (Expense) 4,054 4,428 1,524 (5,925)
Loss from Continuing Operations Before Provision for Income Taxes (204,582) (862,496) (1,388,748) (2,155,743)
Provision for Income Taxes 2,000 6,910 2,000 7,901
Net Loss from Continuing Operations (206,582) (869,406) (1,390,748) (2,163,644)
Discontinued Operations:        
Gain from sale of discontinued operations (net of tax) 0 0 0 6,384,871
Income from discontinued operations (net of tax) 0 18,855 0 590,657
Net Income (loss) attributable to common stockholders $ (206,582) $ (850,551) $ (1,390,748) $ 4,811,884
Net income (loss) per common share:        
Basic - continuing operations $ (0.00) $ (0.01) $ (0.01) $ (0.02)
Basic - discontinued operations 0 0.00 0 0.05
Basic - net income (loss) attributable to common stockholders (0.00) (0.01) (0.01) 0.04
Diluted - continuing operations (0.00) (0.01) (0.01) (0.02)
Diluted - discontinued operations 0 0.00 0 0.05
Diluted - net income (loss) attributable to common stockholders $ (0.00) $ (0.01) $ (0.01) $ 0.04
Weighted Average Common Shares Outstanding- basic 133,989,919 133,015,191 133,843,329 132,894,833
Weighted Average Common Shares Outstanding - diluted 133,739,919 133,015,191 133,961,689 133,490,201
Product [Member]        
Total Net Revenue $ 2,820,805 $ 2,013,922 $ 4,324,463 $ 3,824,307
Total Cost of Sales 1,376,729 1,065,914 2,370,966 2,073,959
Recurring [Member]        
Total Net Revenue 153,357 110,201 254,895 213,043
Total Cost of Sales $ 66,482 $ 32,627 $ 126,479 $ 62,645

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