| Non-Cash Expenses |
Note
8 – 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
June 30, |
|
|
For
the Six Months Ended
June 30, |
|
| |
|
2020 |
|
|
2019 |
|
|
2020 |
|
|
2019 |
|
| Operating expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
|
$ |
653,127 |
|
|
$ |
664,164 |
|
|
$ |
1,535,772 |
|
|
$ |
1,427,823 |
|
| Depreciation & amortization |
|
|
40,342 |
|
|
|
36,028 |
|
|
|
84,300 |
|
|
|
70,651 |
|
| Subtotal |
|
$ |
693,469 |
|
|
$ |
700,192 |
|
|
$ |
1,620,072 |
|
|
$ |
1,498,474 |
|
| Other
expense: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amortization of debt discount |
|
|
87,200 |
|
|
|
105,085 |
|
|
|
174,401 |
|
|
|
210,170 |
|
| Equity expense |
|
|
998,643 |
|
|
|
- |
|
|
|
1,801,043 |
|
|
|
- |
|
| Subtotal |
|
$ |
1,085,843 |
|
|
$ |
105,085 |
|
|
$ |
1,975,444 |
|
|
$ |
210,170 |
|
| Total non-cash expenses |
|
$ |
1,779,312 |
|
|
$ |
805,277 |
|
|
$ |
3,595,516 |
|
|
$ |
1,708,644 |
|
|