Income Statement

v3.10.0.1
Consolidated Statement of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
COSTS AND EXPENSES:    
General and Administrative $ 1,353,319 $ 2,127,979
Professional Fees and Consulting Expense 1,962,333 1,820,985
Research and Development 2,814,991 2,381,222
Total Costs and Expenses 6,130,643 6,330,186
LOSS FROM OPERATIONS (6,130,643) (6,330,186)
OTHER INCOME (EXPENSE):    
Loss on Extinguishment of Debt 0 (406,482)
Other Income 0 7,394
Amortization of Debt Discount (903,317) (574,716)
Financing Costs (96,595) (216,000)
Finance Costs Paid in Stocks and Warrants (310,892) (144,000)
Interest Expense, Related Parties (7,060,383) (2,122,018)
Interest Expense (133,537) (252,366)
Total Other Income (Expense) (8,504,724) (3,708,188)
NET LOSS $ (14,635,367) $ (10,038,374)
BASIC AND DILUTED LOSS PER SHARE $ (0.09) $ (0.07)
BASIC AND DILUTED SHARES OUTSTANDING 156,678,765 139,243,126

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