XML 23 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (UNAUDITED) - USD ($)
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Condensed Consolidated Statement Of Operations    
Sales, net $ 1,706,976 $ 676,386
Cost of Sales 747,812 278,476
Gross Profit 959,164 397,910
Operating Expenses:    
Professional Fees 177,660 107,032
Depreciation and Amortization 133,267 125,253
Selling Expenses 352,177 94,735
Research and Development 8,781 22,190
Consulting fees 129,626 76,309
Equity Compensation Expense (Note 8) 338,629 125,087
General and Administrative 857,468 271,314
Total Operating Expenses 1,997,608 821,919
Loss from Operations $ (1,038,444) (424,009)
Other Income (Expense):    
Amortization of Deferred Financing Costs (84,450)
Amortization of Debt Discounts (963,348)
Fair Value Adjustment of Derivative Liability (2,673,148)
Interest Expense (126,850)
Total Other Income (Expense) (3,847,796)
Net Loss $ (1,038,444) $ (4,271,805)
Loss Per Common Share    
Basic and Diluted $ (0.01) $ (0.05)
Basic and Diluted Weighted Average Common Shares Outstanding 120,177,335 84,043,034