v3.20.1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Total Revenues $ 31,243
Cost of revenues
Gross Profit 31,243
Selling, general and administrative expenses 997,896 1,300,571
Research and development expenses 510,624 313,013
Loss from Operations (1,508,520) (1,582,341)
Other Income:    
Interest income, net (2,633) (8,615)
Change in fair value of derivative liabilities (346,129)
Total Other Income (348,762) (8,615)
Net Loss $ (1,159,758) $ (1,573,726)
Net Loss Per Basic and Diluted Common Share: $ (0.06) $ (0.13)
Weighted Average Number of Common Shares Outstanding: Basic and Diluted 18,431,857 12,267,446
Royalty Income [Member]    
Revenues:    
Total Revenues $ 31,243

Source