XML 51 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
Revenues, net $ 3,751,778 $ 2,080,885 $ 6,582,311 $ 3,618,080
Cost of goods sold 892,956 463,606 1,723,663 843,952
Gross profit 2,858,822 1,617,279 4,858,648 2,774,128
Operating expenses:        
Sales, general, and administrative 5,537,164 5,476,553 10,566,661 10,003,135
Research and development 8,234,641 1,747,084 14,142,719 3,312,285
Depreciation and amortization 14,094 10,636 27,162 18,593
Total operating expense 13,785,899 7,234,273 24,736,542 13,334,013
Operating loss (10,927,077) (5,616,994) (19,877,894) (10,559,885)
Other income and (expense)        
Miscellaneous income 18,579 3,479 37,151 3,479
Interest income 9,238   18,392  
Interest expense   (150)   (1,165,981)
Financing costs   (395,981) (260,027) (659,968)
Loan guaranty costs       (2,944)
Total other expense 27,817 (392,652) (204,484) (1,825,414)
Loss before taxes (10,899,260) (6,009,646) (20,082,378) (12,385,299)
Net loss $ (10,899,260) $ (6,009,646) $ (20,082,378) $ (12,385,299)
Net loss per share, basic and diluted $ (0.07) $ (0.05) $ (0.14) $ (0.11)
Weighted average number of shares outstanding 145,485,505 130,851,978 145,253,818 116,866,764