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Condensed Consolidated Statements of Operations and Comprehensive Gain (Loss) (Unaudited) (USD $)
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12 Months Ended | |
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Dec. 31, 2014
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Dec. 31, 2013
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| Revenue | ||
| Net sales | $ 189,274us-gaap_Revenues | $ 2,001us-gaap_Revenues |
| Cost of sales | (445,799)us-gaap_CostOfRevenue | (201,605)us-gaap_CostOfRevenue |
| Gross loss | (256,525)us-gaap_GrossProfit | (199,604)us-gaap_GrossProfit |
| OPERATING EXPENSES | ||
| Research and development | (1,318,734)us-gaap_ResearchAndDevelopmentExpense | (1,226,874)us-gaap_ResearchAndDevelopmentExpense |
| Selling, general and administrative | (7,326,861)us-gaap_GeneralAndAdministrativeExpense | (3,488,917)us-gaap_GeneralAndAdministrativeExpense |
| Total Operating Expenses | (8,645,595)us-gaap_OperatingExpenses | (4,715,791)us-gaap_OperatingExpenses |
| LOSS FROM OPERATIONS | (8,902,120)us-gaap_OperatingIncomeLoss | (4,915,395)us-gaap_OperatingIncomeLoss |
| OTHER INCOME (EXPENSE) | ||
| Other income (expense) | 0us-gaap_OtherNonoperatingIncome | (4,513)us-gaap_OtherNonoperatingIncome |
| Interest income | 2,714us-gaap_InvestmentIncomeInterest | 668us-gaap_InvestmentIncomeInterest |
| Foreign exchange transaction gain (loss) | (150,803)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax | 0us-gaap_ForeignCurrencyTransactionGainLossBeforeTax |
| Loss on issuance of preferred stock, convertible notes and warrants | (89,590)CRMD_LossOnIssuanceOfConvertibleNotesAndWarrants | (945,892)CRMD_LossOnIssuanceOfConvertibleNotesAndWarrants |
| Change in fair value of derivative liabilities | (8,848,953)us-gaap_FairValueOptionChangesInFairValueGainLoss1 | (363,919)us-gaap_FairValueOptionChangesInFairValueGainLoss1 |
| Loss on modification of equity instruments and extinguishment of derivative liabilities | 2,462,588CRMD_LossOnModificationOfEquityInstrumentsAndExtinguishmentOfDerivativeLiabilities1 | 0CRMD_LossOnModificationOfEquityInstrumentsAndExtinguishmentOfDerivativeLiabilities1 |
| Loss on extinguishment of convertible notes | 0us-gaap_GainsLossesOnExtinguishmentOfDebt | (1,459,661)us-gaap_GainsLossesOnExtinguishmentOfDebt |
| Interest expense, including amortization and write-off of deferred financing costs and debt discounts | (2,087)us-gaap_InterestExpense | (1,444,386)us-gaap_InterestExpense |
| NET LOSS | (20,453,427)us-gaap_NetIncomeLoss | (9,133,098)us-gaap_NetIncomeLoss |
| Other Comprehensive Loss | ||
| Foreign currency translation gain (loss) | 108,295us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax | (9,323)us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax |
| Comprehensive Loss | (20,345,132)us-gaap_ComprehensiveIncomeNetOfTax | (9,142,421)us-gaap_ComprehensiveIncomeNetOfTax |
| NET LOSS | (20,453,427)us-gaap_NetIncomeLoss | (9,133,098)us-gaap_NetIncomeLoss |
| Dividends, including beneficial conversion feature | (82,899)us-gaap_PreferredStockDividendsAndOtherAdjustments | (384,307)us-gaap_PreferredStockDividendsAndOtherAdjustments |
| NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS | $ (20,536,326)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | $ (9,517,405)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic |
| NET LOSS PER COMMON SHARE - BASIC AND DILUTED | $ (0.96)us-gaap_EarningsPerShareBasicAndDiluted | $ (0.69)us-gaap_EarningsPerShareBasicAndDiluted |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED | 21,441,906us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 13,823,130us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted |
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- Definition
Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Definition
For each line item in the statement of financial position, the amounts of gains and losses from fair value changes included in earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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The net result for the period of deducting operating expenses from operating revenues. No definition available.
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Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The aggregate amount of other income amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) profits on securities (net of losses), and (d) miscellaneous other income items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The aggregate value of preferred stock dividends and other adjustments necessary to derive net income apportioned to common stockholders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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