Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Statements of Operations

v3.5.0.2
Unaudited Condensed Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
INCOME        
Services $ 93,824 $ 196,263 $ 452,279 $ 381,949
Total Revenue 93,824 196,263 452,279 381,949
COST OF SERVICE REVENUE 30,904 88,262 138,485 113,129
GROSS PROFIT 62,920 108,001 313,794 268,820
EXPENSES        
Other General and Administration 480,697 326,075 876,185 593,778
Payroll Expense 252,895 74,474 468,484 147,134
Stock-Based Compensation 59,362 134,250 130,913 257,000
Research and Development 11,907 13,881 50,978 84,028
Total Expenses 804,861 548,680 1,526,560 1,081,940
OTHER INCOME (EXPENSE)        
Interest Income 95 312 253 872
Total Other Income (Expense) 95 312 253 872
INCOME (LOSS) BEFORE INCOME TAXES (741,846) (440,367) (1,212,513) (812,248)
Current Income Tax Expense 0 0 0 0
Deferred Income Tax Expense 0 0 0 0
Net Income (Loss) $ (741,846) $ (440,367) $ (1,212,513) $ (812,248)
Loss per Common Share - Basic and Diluted $ (0.12) $ (0.07) $ (0.19) $ (0.13)
Weighted Average Number of Shares Outstanding - Basic and Diluted 6,235,704 6,233,448 6,235,702 6,219,909