Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v3.8.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Revenue $ 373,482 $ 1,007,039 $ 823,882 $ 2,394,586
Cost of revenue 156,926 779,908 308,351 1,829,607
Gross profit 216,556 227,131 515,531 564,979
Costs and expenses        
Depreciation and amortization 35,038 231,926 70,122 463,852
Selling, general and administrative 534,305 1,028,709 1,567,496 1,714,040
Total costs and expenses 569,343 1,260,635 1,637,618 2,177,892
Operating loss (352,787) (1,033,504) (1,122,087) (1,612,913)
Other expense (income):        
Interest expense 136,963 73,200 280,803 108,436
Other income (5,844) (5,844)
Change in fair value of derivative liability 537,349 587,548
Gain on debt settlement (7,151) (2,913)
Total other expense 667,161 67,356 865,438 102,592
Net loss $ (1,019,948) $ (1,100,860) $ (1,987,525) $ (1,715,505)
Net loss per common share, basic and diluted $ (0.01) $ (0.03) $ (0.03) $ (0.04)
Weighted average common shares outstanding 77,450,740 42,208,356 68,335,657 39,722,427