XML 16 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Revenues, net $ 5,535,685 $ 5,190,175 $ 14,869,023 $ 14,513,158
Cost of goods sold 1,237,446 1,193,965 3,475,997 3,270,695
Gross profit 4,298,239 3,996,210 11,393,026 11,242,463
Operating expenses:        
Sales, general, and administration 14,721,710 7,060,944 35,019,268 20,089,998
Research and development 14,664,123 16,421,753 43,602,333 58,789,302
Depreciation and amortization 40,460 16,548 84,319 44,400
Total operating expense 29,426,293 23,499,245 78,705,920 78,923,700
Operating loss (25,128,054) (19,503,035) (67,312,894) (67,681,237)
Other income:        
Miscellaneous income 109,942 27,630 265,879 71,728
Accreted interest 2,451 2,760 7,850 15,162
Total other income 112,393 30,390 273,729 86,890
Loss before taxes (25,015,661) (19,472,645) (67,039,165) (67,594,347)
Net loss $ (25,015,661) $ (19,472,645) $ (67,039,165) $ (67,594,347)
Net loss per share, basic and diluted (in dollars per share) $ (0.13) $ (0.11) $ (0.34) $ (0.39)
Weighted average number of common shares outstanding, basic and diluted (in shares) 196,502,327 177,206,168 195,912,173 171,589,595