First Quarter 2015 results

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First Quarter 2015 Income Sheet Three months ended March 31 2015 2014 Revenues Crowdfunding 54,394 78,055 Other 19,472 8,050 Total revenues 73,866 86,105 Operating expenses Selling, general and administrative 409,454 274,015 Professional fees 186,670 204,713 Research and development costs 22,242 45,975 Depreciation and amortization 36,938 334 Total operating expenses 665,203 525,037 Operating loss -581,337 -438,932 Other income… Read more »

Full Year 2014 results

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Full Year 2014 Income Sheet Year ended December 31 2014 2013 Revenues Crowdfunding 267,58 66,716 Other 8,967 12,714 Total revenues 276,325 79,430 Operating expenses Selling, general and administrative 2,151,679 427,103 Professional fees 776,243 795,615 Research and development costs 320,032 78,773 Depreciation and amortization 70,517 1,302 Total operating expenses 3,318,471 1,302,793 Operating loss -3,042,146 -1,223,363 Other… Read more »

Third Quarter 2014 results

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Q3 2014 Income Sheet Three month period ending September 30 Nine month period ending September 30 2014 2013 2014 2013 Revenues Crowdfunding 50,889  22,979 201,034 53,387 Other 1,990 6,385 10,040 8,137 Total revenues 52,879 29,364 211,074 61,524 Operating expenses Selling, general and administrative 456,689 124,983 1,037,469 300,133 Professional fees 234,981 269,170 638,560 294,517 Research and… Read more »

Second Quarter 2014 results

Posted by & filed under Financial results.

Q2 2014 Income Sheet Three month period ending September 30 Nine month period ending September 30 2014 2013 2014 2013 Revenues Crowdfunding 72,090 12,055 150,144 29,913 Other N/A 59 8,050 1,723 Total revenues 72,090 12,114 158,194 31,363 Operating expenses Selling, general and administrative 313,196 98,105 587,212 175,150 Professional fees 192,436 10,300 397,148 22,074 Research and… Read more »

First Quarter 2014 results

Posted by & filed under Financial results.

Q1 2014 Income Sheet Three month period ending March 31 2014 2013 Revenues Crowdfunding 78,055 17,858 Other 8,050 1,664 Total revenues 86,105 19,552 Operating expenses Selling, general and administrative 274,015 75,196 Professional fees 204,713 13,713 Research and development costs 45,975 N/A Depreciation and amortization 334 320 Total operating expenses 525,037 89,229 Operating loss -438,932 -69,707 Other… Read more »