Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations

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Condensed Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Revenues $ (115,335) $ 4,662 $ 1,761,693 $ 7,877
Costs of goods sold 5,887 664 904,180 3,584
Gross margin (121,222) 3,998 857,513 4,293
Operating Expenses:        
Compensation expense 71,522 39,561 187,521 165,644
Advertising and promotion 14,639 10,171 577,743 77,263
Licensing expense 14,276 $ 23,025 84,551 $ 54,434
Professional fees 6,501,715 6,501,715
General and administrative 179,681 $ 305,525 749,174 $ 483,995
Total operating expenses 6,781,833 378,282 8,100,704 781,336
Loss from operations (6,903,055) (374,284) (7,243,191) (777,043)
Other Income (Expense):        
Interest expense (15,332) $ (5,214) (19,148) $ (14,666)
Amortization of debt discount $ (20,228) (50,029)
Loss on conversion of debt (226,811)
Change in fair value of derivative liability $ (1,277) 47,022
Loss on disposal of fixed assets $ (17,034) (17,034)
Gain on extinguishment of debt (2,788)
Total other income (expense) $ (53,871) $ (5,214) (263,212) $ (14,666)
Loss before provision for income taxes $ (6,956,926) $ (379,498) $ (7,506,403) $ (791,709)
Provision for income taxes
Net Loss $ (6,956,926) $ (379,498) $ (7,506,403) $ (791,709)
Loss per Share, Basic & Diluted $ (0.26) $ (0.02) $ (0.29) $ (0.04)
Weighted Average Shares Outstanding 26,300,868 21,783,591 26,027,706 20,501,232