Quarterly report pursuant to Section 13 or 15(d)

Statements of Operations (Unaudited)

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Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Revenue, net $ 262,258 $ 363,774
Cost of revenue 89,954 167,997
Gross profit 172,304 195,777
Operating expenses:    
Research and development 1,241,410 676,595
Selling, general and administrative 994,426 815,465
Total operating expenses 2,235,836 1,492,060
Loss from operations (2,063,532) (1,296,283)
Other income (expense):    
Interest income 2,596 6,616
Interest expense (771) (606)
Local business tax (1,178) (2,000)
Other expense   (504)
Total other income (expense), net 647 3,506
Loss before income taxes (2,062,885) (1,292,777)
Income tax benefit 0 0
Net loss $ (2,062,885) $ (1,292,777)
Basic and diluted net loss per share $ (0.05) $ (0.04)
Shares used to compute basic and diluted net loss per share 39,956,318 36,212,278