Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statements of Operations

v3.2.0.727
Unaudited Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
INCOME        
Services $ 196,263 $ 114,813 $ 381,949 $ 229,642
Total Revenue 196,263 114,813 381,949 229,642
COST OF SERVICE REVENUE 88,262 84,739 113,129 140,628
GROSS PROFIT 108,001 30,074 268,820 89,014
EXPENSES        
Other General and Administration 326,075 135,651 593,778 315,047
Payroll Expense 74,474 50,754 147,134 302,699
Non-cash Stock Compensation 134,250 326,200 257,000 351,400
Warrant Expense 0 1,283,333 0 1,283,333
Research and Development 13,881 30,985 84,028 101,132
Total Expenses 548,680 1,826,923 1,081,940 2,353,611
OTHER INCOME (EXPENSE)        
Interest Income 312 940 872 1,782
Interest Expense 0 0 0 0
Total Other Income (Expense) 312 940 872 1,782
INCOME (LOSS) BEFORE INCOME TAXES (440,367) (1,795,909) (812,248) (2,262,815)
Current Income Tax Expense 0 0 0 0
Deferred Income Tax Expense 0 0 0 0
Net Income (Loss) $ (440,367) $ (1,795,909) $ (812,248) $ (2,262,815)
Loss per Common Share - Basic and Diluted (in dollars per share) $ (0.00) $ (0.00) $ (0.00) $ (0.00)
Weighted Average Number of Shares Outstanding - Basic and Diluted (in shares) 623,344,835 606,743,259 621,990,931 602,814,680