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, 2019 and 2018:
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Quarters Ended
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December 31, 2018
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March 31, 2019
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June 30, 2019
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September 30, 2019
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Net sales
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$
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—
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$
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—
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$
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—
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$
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—
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Gross profit
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$
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—
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$
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—
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$
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—
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$
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—
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Operating loss
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$
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(1,767,824)
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$
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(1,507,366)
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$
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(1,572,261)
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$
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(1,524,305)
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Net loss
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$
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(2,600,237)
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$
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169,962
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$
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(1,289,162)
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$
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(828,144)
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Net income (loss) per share - basic and diluted
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$
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(0.02)
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$
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—
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$
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(0.01)
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$
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—
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Weighted average shares - basic
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161,057,300
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163,285,738
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168,396,553
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172,575,820
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Weighted average shares - diluted
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161,057,300
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168,620,980
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168,396,553
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172,575,820
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Quarters Ended
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December 31, 2017
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March 31, 2018
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June 30, 2018
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September 30, 2018
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Net sales
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$
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—
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$
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—
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$
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—
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$
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—
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Gross profit
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$
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—
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$
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—
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$
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—
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$
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—
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Operating loss
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$
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(1,582,373)
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$
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(2,013,845)
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$
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(1,620,134)
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$
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(2,233,415)
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Net loss
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$
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389,176
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$
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(1,555,361)
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$
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(2,212,640)
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$
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(1,435,207)
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Net (loss) per share - basic and diluted
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$
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—
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$
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(0.01)
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$
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(0.01)
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$
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(0.01)
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Weighted average shares - basic
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150,144,575
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150,302,013
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150,550,189
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159,778,165
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Weighted average shares - diluted
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163,527,032
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150,302,013
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150,550,189
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159,778,165
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