Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data (Unaudited)

v3.6.0.2
Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Data (Unaudited) [Abstract]  
QUARTERLY FINANCIAL DATA (UNAUDITED)
10. QUARTERLY FINANCIAL DATA (UNAUDITED) 

 

      Sales     Gross profit (loss)     Net loss     Basic and diluted loss per share  
  2016                        
  First quarter   $ 236,000     $ (228,377 )   $ (4,380,012 )   $ (0.23 )
  Second quarter     1,234,600       (1,060,075 )     (2,935,830 )     (0.14 )
  Third quarter     1,906,000       (2,267,364 )     (5,262,859 )     (0.25 )
  Fourth quarter     3,038,200       (3,607,646 )     (6,977,167 )     (0.28 )
  2015                                
  First quarter   $ -     $ -     $ (2,059,358 )   $ (0.13 )
  Second quarter     67,980       67,980       (1,881,292 )     (0.12 )
  Third quarter     72,000       72,000       (3,793,108 )     (0.24 )
  Fourth quarter     -       -       (1,693,095 )     (0.09 )