XML 14 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash $ 182,097,345 $ 64,706,355
Accounts receivable, net of allowance for doubtful accounts of $318,061 and $81,910, respectively 5,063,773 3,049,715
Inventory 957,434 690,153
Other current assets 1,718,069 2,233,897
Total current assets 189,836,621 70,680,120
Fixed assets, net 264,706 198,592
Other Assets:    
Intangible assets, net 1,694,546 1,615,251
Prepaid expense 1,047,970 1,109,883
Security deposit 125,000 125,000
Total other assets 2,867,516 2,850,134
Total assets 192,968,843 73,728,846
Current Liabilities:    
Accounts payable 3,430,649 3,126,174
Other current liabilities 6,165,764 7,539,526
Total current liabilities $ 9,596,413 $ 10,665,700
Commitments and Contingencies (Note 15)
Stockholders' Equity:    
Preferred stock - par value $0.001; 10,000,000 shares authorized; no shares issued and outstanding
Common stock - par value $0.001; 350,000,000 and 250,000,000 shares authorized; 196,253,700 and 177,928,041 issued and outstanding, respectively $ 196,254 $ 177,928
Additional paid in capital 423,932,401 282,712,078
Accumulated deficit (240,756,225) (219,826,860)
Total stockholders' equity 183,372,430 63,063,146
Total liabilities and stockholders' equity $ 192,968,843 $ 73,728,846