Income Statement

v3.19.1
Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]    
Revenues $ 0 $ 0
Operating Expenses    
General and administration 1,932,607 1,219,309
Professional 203,619 499,522
Research and development 300,000 356,076
Impairment loss 0 1,050,000
Total operating expenses 2,436,226 3,124,907
Net loss from operations (2,436,226) (3,124,907)
Other Expenses:    
Derivative loss (828,694) (667,200)
Loss on stock settlement (607,929) 0
Interest expense (464,470) (68,568)
Total Other Expenses (1,901,093) (735,768)
Net loss before income taxes (4,337,319) (3,860,675)
Provision for income tax 0 0
Net Loss $ (4,337,319) $ (3,860,675)
Basic and Diluted Loss per Common Share $ (0.91) $ (0.91)
Weighted Average Number of Common Shares Outstanding 4,764,056 4,243,395

Source