Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.5.0.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2016
Summary of Significant Accounting Policies [Abstract]  
Adoption Of New Standard



 

 

 

 

 

 

   

   

Three Months Ended



 

March 31, 2016

   

   

As reported

 

As adjusted

Income statement:

   

 

 

 

 

 

Net loss

   

$

(1,288,989)

 

$

(1,359,226)

Comprehensive net loss

 

$

(1,352,208)

 

$

(1,422,445)

Net loss per share - basic and diluted

   

$

(0.04)

 

$

(0.05)



   

 

 

 

 

 

Balance Sheet:

 

 

 

 

 

 

Common stock, equity payable and paid in capital

 

$

73,053,886 

 

$

73,124,123 

Retained earnings

 

$

(66,447,999)

 

$

(66,518,236)