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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013
Income Statement [Abstract] |  |  |  |
Revenues, net | $ 4,186,261 | $ 2,294,720 | $ 10,768,572 | $ 5,912,800
Cost of goods sold | 1,068,605 | 648,403 | 2,792,268 | 1,492,355
Gross profit | 3,117,656 | 1,646,317 | 7,976,304 | 4,420,445
Operating expenses: |  |  |  |
Sales, general, and administrative | 6,043,354 | 4,752,062 | 16,610,015 | 14,455,839
Research and development | 14,909,430 | 4,098,903 | 29,052,149 | 7,710,546
Depreciation and amortization | 12,747 | 32,356 | 39,909 | 50,949
Total operating expense | 20,965,531 | 8,883,321 | 45,702,073 | 22,217,334
Operating loss | (17,847,875) | (7,237,004) | (37,725,769) | (17,796,889)
Other income and (expense) |  |  |  |
Miscellaneous income | 6,260 | 11,965 | 43,411 | 15,444
Interest income | 9,364 |  | 27,756 | 18,133
Interest expense |  |  |  | (1,165,981)
Financing costs |  | (447,969) | (260,027) | (1,107,937)
Loan guaranty costs |  |  |  | (2,944)
Total other expense | 15,624 | (436,004) | (188,860) | (2,243,285)
Loss before taxes | (17,832,251) | (7,673,008) | (37,914,629) | (20,040,174)
Net loss | $ (17,832,251) | $ (7,673,008) | $ (37,914,629) | $ (20,040,174)
Net loss per share, basic and diluted | $ (0.12) | $ (0.06) | $ (0.26) | $ (0.16)
Weighted average number of shares outstanding | 152,200,455 | 131,212,706 | 147,594,810 | 121,701,292

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