Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.10.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Revenues $ 1,100,000
Cost of goods sold
Gross profit 1,100,000
Operating expenses:        
Selling, general, and administrative 397,000 650,000 1,539,000 2,686,000
Research and development 429,000 452,000 1,280,000 1,634,000
Total operating expenses 826,000 1,102,000 2,819,000 4,320,000
Operating loss (826,000) (1,102,000) (1,719,000) (4,320,000)
Other income expenses:        
Interest expense (38,000) (77,000) (174,000) (417,000)
Amortization of debt discount (3,493,000) (1,256,000) (6,503,000) (3,969,000)
Loss on disposition of assets (137,000)
Loss on debt extinguishment (10,000)
Loss on modification of convertible debt (43,000)
Loss on conversion of convertible debt (11,000) (11,000)
Total other expenses (3,542,000) (1,333,000) (6,688,000) (4,576,000)
Loss before provision for income taxes (4,368,000) (2,435,000) (8,407,000) (8,896,000)
Provision for income taxes
Net loss $ (4,368,000) $ (2,435,000) $ (8,407,000) $ (8,896,000)
Loss per share-basic and diluted $ (1.05) $ (0.60) $ (2.04) $ (2.21)
Weighted average common shares-basic and diluted 4,167,806 4,063,660 4,121,045 4,026,726