General form of registration statement for all companies including face-amount certificate companies

Quarterly Data (Tables)

v3.10.0.1
Quarterly Data (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information

A summary of revenues, operating expenses, other income and net loss attributable to common stockholders for each of the last two years follows (this information is unaudited):

 

    1st     2nd     3rd     4th        
    Quarter     Quarter     Quarter     Quarter     Annual  
2017                              
Revenues   $ -     $ -     $ -     $ -     $ -  
Operating expenses     (233,940 )     (280,335 )     (712,852 )     (575,306 )     (1,802,433 )
Interest expense     -       -       -       (59,063 )     (59,063 )
Other income     1,498       1,889       1,285       509       5,181  
Net loss attributable to common stockholders   $ (232,442 )   $ (278,446 )   $ (711,567 )   $ (633,860 )   $ (1,856,315 )
                                         
Weighted-average common shares - basic and diluted     31,745,242       31,745,242       31,745,242       35,119,261       32,595,680  
                                         
Net loss per common share - basic and diluted   $ (0.01 )   $ (0.01 )   $ (0.02 )   $ (0.02 )   $ (0.06 )
                                         
2016                                        
Revenues   $ -     $ -     $ -     $ -     $ -  
Operating expenses     (280,956 )     (575,281 )     (829,064 )     (236,219 )     (1,921,520 )
Interest expense     -       -       -       -       -  
Other income     7       869       1,698       1,880       4,454  
Net loss attributable to common stockholders   $ (280,949 )   $ (574,412 )   $ (827,366 )   $ (234,339 )   $ (1,917,066 )
                                         
Weighted-average common shares - basic and diluted     26,870,217       26,870,217       31,745,242       31,745,242       29,321,049  
                                         
Net loss per common share - basic and diluted   $ (0.01 )   $ (0.02 )   $ (0.03 )   $ (0.01 )   $ (0.07 )