General form of registration statement for all companies including face-amount certificate companies

Consolidated Statements of Operations

v3.19.3.a.u2
Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]            
Sales $ 231,231 $ 439,982 $ 940,459 $ 2,114,297 $ 3,099,608 $ 1,817,302
Cost of sales (317,602) (305,747) (947,710) (1,267,592) (1,441,696) (1,946,900)
Gross profit (86,371) 134,235 (7,251) 846,705 1,657,912 (129,598)
Operating Expenses            
Selling and marketing 100,066 52,926 336,873 210,729 317,404 347,808
General and administrative 1,410,509 1,277,783 4,339,943 5,268,174 6,423,540 7,014,919
Depreciation and amortization 39,211 44,473 151,370 133,891 171,749 193,065
Total operating expenses 1,549,786 1,375,182 4,828,186 5,612,794 6,912,693 7,555,792
Loss from Operations (1,636,157) (1,240,947) (4,835,437) (4,766,089) (5,254,781) (7,685,390)
Other (Income) Expense            
Interest expense, net 29,140 92,972 256,169 499,719 611,297 320,571
Gain on sale of investment in subsidiary         (199,200)
Other income (165,508) (165,508)    
Gains from foreign currency transactions (74,179) (58,579) (106,513) (58,579) (187,660)
Total other (income) expense (210,547) 34,393 (15,852) 441,140 423,637 121,371
Loss from Continuing Operations         (5,678,418) (7,806,761)
Loss from Discontinued Operations         (105,751)
Net Loss (1,425,610) (1,275,340) (4,819,585) (5,207,229) (5,678,418) (7,912,512)
Net loss attributable to non-controlling interest 109,106 155,515    
Series B preferred stock dividends (181,746) (225,998) (539,311) (539,311) (724,108) (345,079)
Net Loss Attributable to Common Stockholders $ (1,498,250) $ (1,501,338) $ (5,203,381) $ (5,746,540) $ (6,402,526) $ (8,257,591)
Net Loss per Basic and Diluted Common Share:            
Loss from continuing operations         $ (0.14) $ (0.19)
Loss from discontinued operations        
Net Loss per Common Share $ (0.03) $ (0.03) $ (0.10) $ (0.13) $ (0.14) $ (0.19)
Weighted Average Number of Common Shares Outstanding:            
Basic and Diluted 57,933,937 46,159,288 52,782,987 44,223,334 44,889,732 42,996,124