v3.10.0.1
Consolidated Statements of Comprensive Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Statements of Operations [Abstract]        
Revenues $ 1,977,629 $ 1,039,679 $ 7,666,827 $ 1,147,288
Cost of revenue 1,384,335 709,373 5,533,173 737,664
Gross profit 593,294 330,306 2,133,654 409,624
Selling, general, and administrative expenses 875,016 651,556 2,724,960 1,817,218
Research and development expenses 674,360 287,229 1,881,198 1,659,560
Depreciation and amortization 363,102 326,792 1,095,075 924,790
(Loss) from operations (1,319,184) (935,271) (3,567,579) (3,991,944)
Other Income (Expense)        
Interest income 3,041 3,216
Interest income - related party 2,009
Interest expense (77,873) (26,792) (235,869) (31,762)
Gain on bargain purchase 624,211 624,211
Loss on stock exchange (37,788)
Bad debt (171,946)
Gain on sale of patent 160,000
Foreign exchange loss (89,441)
Loss before provision (benefit) for taxes (1,397,057) (424,252) (3,643,448) (3,604,004)
Provision (benefit) for taxes (5,510) (576,224) (13,203)
Net (loss) (1,391,547) (424,252) (3,067,224) (3,590,801)
Other comprehensive income        
Foreign currency translation adjustment 56,704 (81,264) 22,147 5,002
Comprehensive loss $ (1,334,843) $ (505,516) $ (3,045,077) $ (3,585,799)
BASIC AND DILUTED PER SHARE DATA:        
Net Loss per common share, basic and diluted $ (0.71) $ (0.22) $ (1.56) $ (2.08)
Weighted average common shares outstanding, basic and diluted 1,965,646 1,915,138 1,969,719 1,726,426

Source