Quarterly report pursuant to Section 13 or 15(d)

Statements of Operations

v2.4.1.9
Statements of Operations (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Statements of Operations [Abstract]    
Sales (Note 1) $ 11,288us-gaap_SalesRevenueGoodsNet $ 51,728us-gaap_SalesRevenueGoodsNet
Cost of sales 4,007us-gaap_CostOfGoodsSold 31,907us-gaap_CostOfGoodsSold
Gross profit 7,281us-gaap_GrossProfit 19,821us-gaap_GrossProfit
Other revenue - fee (Note 7) 24,175us-gaap_LicensesRevenue 23,175us-gaap_LicensesRevenue
Operating expenses:    
Selling, general and administrative 1,535,851us-gaap_SellingGeneralAndAdministrativeExpense 1,894,442us-gaap_SellingGeneralAndAdministrativeExpense
Research and development 707,742us-gaap_ResearchAndDevelopmentExpense 1,052,298us-gaap_ResearchAndDevelopmentExpense
Total operating expenses 2,243,593us-gaap_OperatingExpenses 2,946,740us-gaap_OperatingExpenses
Operating loss (2,212,137)us-gaap_OperatingIncomeLoss (2,903,744)us-gaap_OperatingIncomeLoss
Other (expense) income:    
Interest expense (25,064)us-gaap_InterestExpense (36,790)us-gaap_InterestExpense
Investment income (loss) 50,828us-gaap_InvestmentIncomeNet (7,115)us-gaap_InvestmentIncomeNet
Total other (expense) income 25,764us-gaap_NonoperatingIncomeExpense (43,905)us-gaap_NonoperatingIncomeExpense
Net loss $ (2,186,373)us-gaap_NetIncomeLoss $ (2,947,649)us-gaap_NetIncomeLoss
Basic and diluted net loss per share (Note 1) $ (0.07)us-gaap_EarningsPerShareBasicAndDiluted $ (0.14)us-gaap_EarningsPerShareBasicAndDiluted
Basic and diluted weighted average number of common shares outstanding (Note 1) 30,990,029us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 21,639,049us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted