Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Operations

v3.7.0.1
Consolidated Statements Of Operations - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]    
Revenues $ 1,552,000 $ 1,597,000
Cost of sales 421,000 473,000
Gross Margin 1,131,000 1,124,000
Expenses    
Labor and related expenses 1,938,000 1,719,000
Rent 424,000 358,000
Depreciation and amortization 166,000 98,000
Professional fees 3,294,000 2,274,000
Research and development 416,000
Cost of acquisition option 472,000
Other general and administrative 1,673,000 656,000
Total Operating Expenses 8,383,000 5,105,000
Operating Loss (7,252,000) (3,981,000)
Other Income (Expense)    
Interest and dividend income 18,000 22,000
Unrealized loss on trading securities (57,000) (1,181,000)
Loss on sale of marketable securities (95,000) (1,460,000)
Total Other Expense (134,000) (2,619,000)
Loss from continuing operations (7,386,000) (6,600,000)
Loss from discontinued operations (4,000) (1,206,000)
Loss on rescission of discontinued operations (1,138,000)
Loss on discontinued operations (4,000) (2,344,000)
Net Loss $ (7,390,000) $ (8,944,000)
Loss from continuing operations    
Basic and Diluted earnings per share $ (0.05) $ (0.04)
Loss on discontinued operations    
Basic and Diluted earnings per share (0.02)
Net Loss    
Basic and Diluted earnings per share $ (0.05) $ (0.06)
Weighted Average Common Shares    
Basic and Diluted 154,092,844 152,346,182