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Statements of Operations (USD $) | 12 Months Ended
--- | ---
Dec. 31, 2013 | Dec. 31, 2012
Revenues: |  |
Products and services | $ 417,468 | $ 319,550
Royalties | 100,000 | 100,000
Grants | 1,374,956 | 707,357
Total revenue | 1,892,424 | 1,126,907
Cost of revenues: |  |
Products and services | 716,175 | 413,910
Grant research and development costs | 1,430,798 | 709,954
Total cost of revenue | 2,146,973 | 1,123,864
Gross profit (loss) | (254,549) | 3,043
Operating expenses: |  |
General and administrative | 2,139,036 | 1,769,857
Research and development | 1,212,298 | 1,050,157
Sales and marketing | 457,292 | 221,336
Total operating expenses | 3,808,626 | 3,041,350
Loss from operations | (4,063,175) | (3,038,307)
Interest expense, net (including amortization of debt discount of$5,318,257 and $1,472,904 for the years ended December 31, 2013 and2012, respectively) | 5,488,523 | 1,608,912
Net loss | $ (9,551,698) | $ (4,647,219)
Net loss per share - basic and fully diluted (in dollars per share) | $ (4.90) | $ (3.17)
Weighted average number of shares outstanding - basic and fully diluted (in shares) | 1,950,171 | 1,465,755

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