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Quarterly Results
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
Note 12 – Quarterly Results (unaudited)
 
Quarterly results for the years ended December 31, 2017 and 2016 are as follows:
 
 
 
First
 
Second
 
Third
 
Fourth
 
For the year ended December 31, 2017
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Revenue
 
$
360,000
 
$
-
 
$
-
 
$
180,000
 
Gross Profit (Loss)
 
$
109,000
 
$
-
 
$
(15,000)
 
$
66,000
 
Operating Expense
 
$
2,502,000
 
$
2,251,000
 
$
2,460,000
 
$
2,659,000
 
Net Loss
 
$
(2,379,000)
 
$
(2,236,000)
 
$
(2,472,000)
 
$
(2,593,000)
 
Net Loss per share - basic and fully diluted
 
$
(0.16)
 
$
(0.17)
 
$
(0.16)
 
$
(0.17)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the year ended December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
-
 
$
-
 
$
260,000
 
$
361,000
 
Gross Profit (Loss)
 
$
-
 
$
-
 
$
213,000
 
$
(77,000)
 
Operating Expense
 
$
2,601,000
 
$
2,442,000
 
$
4,066,000
 
$
2,232,000
 
Net Loss
 
$
(2,589,000)
 
$
(2,431,000)
 
$
(3,846,000)
 
$
(2,306,000)
 
Net Loss per share - basic and fully diluted
 
$
(0.20)
 
$
(0.19)
 
$
(0.30)
 
$
(0.17)