v3.7.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
Products, services, other $ 480,400 $ 474,187 $ 1,006,398 $ 928,538
Grant revenue 59,972 36,776 85,331 92,904
Total revenue 540,372 510,963 1,091,729 1,021,442
Costs and expenses:        
Cost of products and services 287,299 243,105 523,296 464,804
Research and development 241,783 321,428 505,239 656,698
Selling and marketing 300,111 193,885 513,120 385,121
General and administrative 915,470 813,242 1,753,468 1,621,460
Total operating costs and expenses 1,744,663 1,571,660 3,295,123 3,128,083
Operating loss (1,204,291) (1,060,697) (2,203,394) (2,106,641)
Other (expense) income:        
Interest expense, net (1,983,112) (1,010,236) (3,509,744) (1,845,380)
Other expense (80) (1,039) (912)
Impairment loss on investment     (6,069)
Incentive warrants for warrant exercises (186,802) (186,802)
Change in fair value of derivative liabilities 2,790,525 3,032,762 (271,227) (1,035,628)
Total other income (expense) 620,531 2,022,526 (3,974,881) (2,881,920)
Net (loss) income $ (583,760) $ 961,829 $ (6,178,275) $ (4,988,561)
Net (loss) income per share attributable to common stockholders - basic $ (0.54) $ 1.11 $ (5.83) $ (6.11)
Net (loss) income per share attributable to common stockholders - diluted $ (0.54) $ (0.03) $ (5.83) $ (6.11)
Weighted average common stock shares outstanding used in the basic net (loss) income per share calculation 1,077,529 865,128 1,059,250 816,035
Weighted average common stock shares outstanding used in the diluted net (loss) income per share calculation 1,077,529 2,358,754 1,059,250 816,035

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