| SELECTED QUARTERLY FINANCIAL DATA |
|
14. |
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) |
The following table provides selected quarterly financial data for the fiscal years ended September 30, 2018 and 2017:
| |
|
Quarters Ended |
|
| |
|
December 31, 2017 |
|
|
March 31, 2018 |
|
|
June 30, 2018 |
|
|
September 30, 2018 |
|
| Net sales |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Gross profit |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating income (loss) |
|
$ |
(1,582,373 |
) |
|
$ |
(2,013,845 |
) |
|
$ |
(1,620,134 |
) |
|
$ |
(2,233,415 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income (loss) |
|
$ |
389,176 |
|
|
$ |
(1,555,361 |
) |
|
$ |
(2,212,640 |
) |
|
$ |
(1,435,207 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) per share - basic and diluted |
|
$ |
- |
|
|
$ |
(0.01 |
) |
|
$ |
(0.01 |
) |
|
$ |
(0.01 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares - basic |
|
|
150,144,575 |
|
|
|
150,302,013 |
|
|
|
150,550,189 |
|
|
|
159,778,165 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares - diluted |
|
|
163,527,032 |
|
|
|
150,302,013 |
|
|
|
150,550,189 |
|
|
|
159,778,165 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Quarters Ended |
|
| |
|
December 31, 2016 |
|
|
March 31, 2017 |
|
|
June 30, 2017 |
|
|
September 30, 2017 |
|
| Net sales |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Gross profit |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating (loss) |
|
$ |
(1,375,931 |
) |
|
$ |
(2,204,123 |
) |
|
$ |
(1,841,066 |
) |
|
$ |
(1,881,428 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (loss) |
|
$ |
(1,401,501 |
) |
|
$ |
(1,869,432 |
) |
|
$ |
(1,775,740 |
) |
|
$ |
(2,742,183 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (loss) per share - basic and diluted |
|
$ |
(0.01 |
) |
|
$ |
(0.01 |
) |
|
$ |
(0.01 |
) |
|
$ |
(0.02 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares - basic and diluted |
|
|
135,319,847 |
|
|
|
140,513,488 |
|
|
|
147,019,042 |
|
|
|
147,989,550 |
|
|