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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
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:

 

     2015     2014     2013  

Net loss from continuing operations

   $ (36,415,026   $ (32,260,663   $ (25,986,692

Net loss from discontinued operations

     —         (480,611     (452,467
  

 

 

   

 

 

   

 

 

 

Net loss

   $ (36,415,026   $ (32,741,274   $ (26,439,159
  

 

 

   

 

 

   

 

 

 

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

     95,807,377        61,612,957        43,422,001   

Basic and diluted net loss per share from continuing operations

   $ (0.38   $ (0.52   $ (0.60

Basic and diluted net loss per share from discontinued operations

   $ —       $ (0.01   $ (0.01
  

 

 

   

 

 

   

 

 

 

Basic and diluted net loss per share

   $ (0.38   $ (0.53   $ (0.61
  

 

 

   

 

 

   

 

 

 
Schedule of Anti-dilutive Securities

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:

 

     2015      2014      2013  

Outstanding options

     2,079,129         302,729         428,258   

Restricted stock units

     8,442,519         3,374,940         3,326,282   

Outstanding warrants

     44,277,849         23,478,181         16,267,659   
  

 

 

    

 

 

    

 

 

 

Total

     54,799,497         27,155,850         20,022,199   
  

 

 

    

 

 

    

 

 

 
Summary of Components of Accumulated OCI

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

 

     2015      2014  

Unrealized gain on foreign currency translation

   $ 47,359       $ 65,390