v3.20.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
REVENUE $ 86,659 $ 75,376 $ 220,504 $ 77,626
COST OF GOODS SOLD 62,832 47,042 167,814 47,042
GROSS PROFIT 23,827 28,334 52,690 30,584
SELLING, GENERAL AND ADMINISTRATIVE        
Research and development 46,955 27,776 143,345 50,066
Professional fees 93,465 40,102 217,073 151,175
Sales and marketing expenses 47,585 12,006 88,169 59,798
Occupancy expenses 10,992 23,690 22,630 45,750
General and administrative expenses 178,512 120,286 387,147 321,527
TOTAL SELLING, GENERAL AND ADMINISTRATIVE 377,509 223,860 858,364 628,316
LOSS FROM OPERATIONS (353,680) (195,526) (805,674) (597,732)
OTHER INCOME (EXPENSE):        
Interest expense (1,182,619) (10,971) (1,636,235) (19,024)
Other income 6,970 8,260
Change in fair market value of derivative liabilities (286,598) (333,817)
Foreign currency transaction loss 64 (59)
TOTAL OTHER EXPENSE (1,462,183) (10,971) (1,961,851) (19,024)
LOSS BEFORE INCOME TAXES (1,815,865) (206,497) (2,767,525) (616,756)
PROVISION FOR INCOME TAXES
NET LOSS (1,815,671) (206,497) (2,767,525) (616,756)
OTHER COMPREHENSIVE LOSS        
Foreign currency translation adjustment 194 316 (859) 316
TOTAL COMPREHENSIVE LOSS $ (2,167,344) $ (206,181) $ (2,768,384) $ (616,440)
NET LOSS PER COMMON SHARE        
Basic and diluted (in Dollars per share) $ (0.09) $ (0.01) $ (0.14) $ (0.03)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING        
Basic and diluted (in Shares) 19,383,794 19,218,958 19,382,127 19,212,328

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