Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.19.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Net sales $ 364,182 $ 560,229
Cost of sales 1,397,606 1,698,280
Warranty expense 16,090
Gross loss (1,033,424) (1,154,141)
Operating expenses    
Selling, general and administrative 2,090,890 2,400,147
Research and development 1,362,275 2,337,631
Total operating expenses 3,453,165 4,737,778
Interest expense, net 1,777,583 525,887
Net loss $ (6,264,172) $ (6,417,806)
Basic and diluted loss per share $ (0.11) $ (0.16)
Weighted average number of common shares outstanding 55,260,519 40,258,234