v3.19.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
REVENUE $ 75,376 $ 0 $ 77,626 $ 0
COST OF GOODS SOLD 47,042 0 47,042 0
GROSS PROFIT 28,334 0 30,584 0
SELLING, GENERAL AND ADMINISTRATIVE        
Research and development 27,776 26,312 50,066 63,218
Professional fees 40,102 60,901 151,175 119,718
Sales and marketing expenses 12,006 12,614 59,798 31,075
Occupancy expenses 23,690 16,014 45,750 36,326
General and administrative expenses 120,286 120,389 321,527 263,225
TOTAL SELLING, GENERAL AND ADMINISTRATIVE 223,860 236,230 628,316 513,562
LOSS FROM OPERATIONS (195,526) (236,230) (597,732) (513,562)
OTHER INCOME (EXPENSE):        
Interest expense (10,971) (40,639) (19,024) (84,291)
Other income 0 10,626 0 18,186
Other expense 0 0 0 0
TOTAL OTHER INCOME (EXPENSE) (10,971) (30,013) (19,024) (66,105)
LOSS BEFORE INCOME TAXES (206,497) (266,243) (616,756) (579,667)
PROVISION FOR INCOME TAXES 0 0 0 0
NET LOSS (206,497) (266,243) (616,756) (579,667)
OTHER COMPREHENSIVE GAIN (LOSS)        
Foreign currency translation adjustment 316 0 316 0
TOTAL COMPREHENSIVE GAIN (LOSS) $ (206,181) $ (266,243) $ (616,440) $ (579,667)
NET LOSS PER COMMON SHARE        
Basic and diluted (in Dollars per share) $ (0.01) $ (0.02) $ (0.03) $ (0.04)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING        
Basic and diluted (in Shares) 19,218,958 14,678,500 19,212,328 14,678,500

Source