v3.8.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Revenues      
Revenues $ 3,693,328 $ 2,113,283  
Cost of revenues 793,389 557,388  
Gross profit 2,899,939 1,555,895  
Operating expenses      
General and administrative 1,248,343 1,015,418  
Sales and marketing 1,461,580 1,208,785  
Engineering, research, and development 1,531,598 589,322  
Depreciation and amortization 96,970 68,746  
Total operating expenses 4,338,491 2,882,271  
Loss from operations (1,438,552) (1,326,376)  
Other income/(expense)      
Interest income 456 904  
Interest expense (57,489) (21,106)  
Gain on sale of fixed assets (8,722)    
Foreign currency (loss) gain 330 (2,648)  
Total other income/(expense) (65,425) (22,850)  
Loss before income taxes (1,503,977) (1,349,226)  
Income tax expense  
Net loss (1,503,977) (1,349,226) $ (5,946,012)
Other comprehensive loss, net of income tax      
Foreign currency translation adjustments (12,615) (5,221) $ (32,765)
Comprehensive loss $ (1,516,592) $ (1,354,447)  
Net loss per share - basic and diluted $ (0.04) $ (0.04)  
Weighted average number of shares during the period - basic and diluted 38,018,733 36,388,997  

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