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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Estimated Useful Lives of Assets

Property, plant and equipment, including those held under capital lease, are stated at cost. Depreciation is computed by use of the straight-line method over the estimated useful lives of the assets, or the lease term if shorter, as follows:

 

Building and improvements

  3 - 20 years   

Machinery and equipment

  3 - 10 years   

Furniture and fixtures

  3 - 10 years   
Basic and Dilutive Net Loss per Share Computations

The following are the basic and dilutive net loss per share computations for the last three fiscal years:

 

     2014     2013     2012  

Net loss from continuing operations

   $ (32,260,663   $ (25,986,692   $ (27,971,259

Net loss from discontinued operations

     (480,611     (452,467     (519,894
  

 

 

   

 

 

   

 

 

 

Net loss

$ (32,741,274 $ (26,439,159 $ (28,491,153
  

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding used to compute basic and diluted net loss per share

  61,612,957      43,422,001      28,824,417   

Basic and diluted net loss per share from continuing operations

$ (0.52 $ (0.60 $ (0.97

Basic and diluted net loss per share from discontinued operations

$ (0.01 $ (0.01 $ (0.02
  

 

 

   

 

 

   

 

 

 

Basic and diluted net loss per share

$ (0.53 $ (0.61 $ (0.99
  

 

 

   

 

 

   

 

 

 
Outstanding Options, Warrants and Restricted Stock Units

Outstanding options, warrants and restricted stock units were excluded from the computation of diluted net loss per share because the effect would have been anti-dilutive for all periods presented below:

 

     2014      2013      2012  

Outstanding options

     302,729         428,258         447,359   

Restricted stock units

     3,374,940         3,326,282         1,534,200   

Outstanding warrants

     23,478,181         16,267,659         9,935,912   
  

 

 

    

 

 

    

 

 

 

Total

  27,155,850      20,022,199      11,917,471   
  

 

 

    

 

 

    

 

 

 
Summary of Components of Accumulated OCI

The components of our accumulated OCI, as of December 31 of each year shown, are as follows:

 

     2014      2013  

Unrealized gain on foreign currency translation

   $ 65,390       $ 252,101