Annual report pursuant to Section 13 and 15(d)

15. Quarterly Information (unaudited)

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15. Quarterly Information (unaudited)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Information

    First     Second     Third     Fourth  
    Quarter     Quarter     Quarter     Quarter  
Year Ended December 31, 2015:                                
Net sales   $ –     $ –     $ –     $ –  
Gross profit   $ –     $ –     $ –     $ –  
Net loss   $ (1,174,337 )   $ (1,542,944 )   $ (825,797 )   $ (685,876 )
Loss per share, Basic and Diluted (1)   $ (0.01 )   $ (0.01 )   $ (0.00 )   $ (0.00 )

 

    First     Second     Third     Fourth  
    Quarter     Quarter     Quarter     Quarter  
Year Ended December 31, 2014:                                
Net sales   $ –     $ 60,000     $ 180,000     $ –  
Gross profit   $ –     $ 60,000     $ 180,000     $ –  
Net loss   $ (1,403,474 )   $ (1,008,392 )   $ (715,774 )   $ (878,695 )
Loss per share, Basic and Diluted (1)   $ (0.01 )   $ (0.01 )   $ (0.00 )   $ (0.00 )

 

(1) Per share data was computed independently for each of the quarters presented. Therefore, the sum of the quarterly per share information may not equal the annual income per share.