XML 26 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]    
Sales, net $ 6,343,432 $ 4,191,783
Cost of Sales 2,610,500 1,644,039
Gross Profit 3,732,931 2,547,744
Operating Expenses:    
Professional Fees 516,926 455,626
Depreciation and Amortization 586,384 499,344
Selling Expenses 1,512,752 704,069
Research and Development 184,259 100,321
Equity Compensation Expense (Note 8) 614,696 1,706,393
Consulting fees 307,040 476,513
General and Administrative 3,380,025 1,591,102
Total Operating Expenses 7,102,082 5,533,368
Loss From Operations (3,369,150) (2,985,624)
Other Income (Expense):    
Amortization of Deferred Financing Costs 0 (199,625)
Amortization of Debt Discounts 0 (3,996,033)
Fair Value Adjustment of Derivative Liability 0 (3,810,955)
Induced Conversion Costs 0 (930,383)
Gain on Disposition of Property and Equipment 12,000 0
Grant 199,891 0
Interest expense 0 (253,700)
Total Other Income (Expense) 211,891 (9,190,696)
Net Loss $ (3,157,259) $ (12,176,320)
Loss Per Common Share    
Basic and Diluted $ (.03) $ (.12)
Basic and Diluted Weighted Average Common Shares Outstanding 120,557,102 102,840,185