Quarterly report pursuant to Section 13 or 15(d)

Non-Cash Expenses

v3.20.1
Non-Cash Expenses
 3 Months Ended
Mar. 31, 2020
Other Income and Expenses [Abstract]  
Non-Cash Expenses

Note 7 – Non-Cash Expenses

 

The following table details the Company’s non-cash expenses included in the accompanying condensed statements of operations:

 

    For the Three Months Ended March 31,  
    2020     2019  
Operating expenses:            
Stock-based compensation   $ 882,645     $ 763,659  
Depreciation & amortization     43,958       34,623  
Subtotal   $ 926,603     $ 798,282  
                 
Other expense:                
Amortization of debt discount     87,201       105,085  
Equity expense     802,400       -  
Subtotal   $ 889,601     $ 105,085  
Total non-cash expenses   $ 1,816,204     $ 903,367