Condensed Consolidated Statement of Operations (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2015 |
Jun. 30, 2014 |
Jun. 30, 2015 |
Jun. 30, 2014 |
|
| Revenues | $ 47,427 | $ 13,967 | $ 95,308 | $ 19,012 |
| Cost of sales | 24,803 | 10,225 | 54,234 | 14,104 |
| Gross profit | 22,624 | 3,742 | 41,074 | 4,908 |
| Depreciation and amortization | 23,100 | 23,181 | 44,400 | 43,143 |
| General and administrative expenses | 748,962 | 851,739 | 1,895,850 | 1,788,904 |
| 772,062 | 874,920 | 1,940,250 | 1,832,047 | |
| Loss from operations | (749,438) | (871,178) | (1,899,176) | (1,827,139) |
| Other income (expense): | ||||
| Interest income | 0 | 737 | 0 | 737 |
| Interest expense | (870,568) | (392,653) | (1,465,245) | (641,377) |
| Loss on extinguishment of debt | (6,118,145) | 0 | (6,118,145) | 0 |
| Change in fair value of derivative liability | (3,032,501) | 0 | (3,032,501) | 0 |
| Total other income (expense) | (10,021,214) | (391,916) | (10,615,891) | (640,640) |
| Loss before income tax | (10,770,652) | (1,263,094) | (12,515,067) | (2,467,779) |
| Provision for income tax expense | 0 | 0 | 0 | 0 |
| Net loss | $ (10,770,652) | $ (1,263,094) | $ (12,515,067) | $ (2,467,779) |
| Net loss per share - basic and diluted (in Dollars per share) | $ (0.23) | $ (0.03) | $ (0.28) | $ (0.06) |
| Weighted average shares outstanding – basic and diluted (in Shares) | 47,862,401 | 40,865,616 | 45,445,207 | 40,621,946 |
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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