Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.8.0.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]    
Revenues
Cost of goods sold
Gross profit (loss)
Operating expenses:    
Selling, general and administrative 3,358,000 4,162,000
Research and development 2,040,000 3,752,000
Total operating expenses 5,398,000 7,914,000
Operating loss (5,398,000) (7,914,000)
Other income (expenses):    
Interest income 1,000
Loss on debt conversion (53,000) (108,000)
Loss on modification of convertible debt (1,429,000)
Loss on debt extinguishment (262,000)
Gain on revaluation of derivative liabilities, net 4,094,000
Loss on disposition of assets (137,000)
Interest expense (5,579,000) (4,405,000)
Total other income (expenses), net (5,769,000) (2,109,000)
Loss before provision for income taxes (11,167,000) (10,023,000)
Provision for income taxes 3,000
Net loss $ (11,167,000) $ (10,026,000)
Loss per share-basic and diluted $ (2.78) $ (2.79)
Weighted average shares of common stock-basic and diluted 4,010,876 3,594,026