XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Net revenues $ 761,591 $ 1,111,411 $ 2,390,772 $ 4,073,437
Costs and expenses:        
Cost of revenues 2,481,916 2,487,054 7,616,473 6,985,213
Research and development expenses 1,089,746 856,698 3,179,612 2,455,947
General and administrative expenses 1,793,720 1,834,771 5,441,354 5,539,432
Sales and marketing expenses 1,404,192 1,675,852 4,473,908 4,701,030
Total costs and expenses 6,769,574 6,854,375 20,711,347 19,681,622
Loss from operations (6,007,983) (5,742,964) (18,320,575) (15,608,185)
Other income/ (expense):        
Interest expense (63,764) (88,269) (230,677) (385,172)
Other income 23,963 12,804 (6,037) 51,216
Total other income/ (expense): (39,801) (75,465) (236,714) (333,956)
Loss before income taxes (6,047,784) (5,818,429) (18,557,289) (15,942,141)
Income tax expense   (2,877) (739) (5,023)
Net loss and comprehensive loss (6,047,784) (5,821,306) (18,558,028) (15,947,164)
Deemed dividend related to warrants down round provision (636,370)   (636,370)  
Net loss attributable to common shareholders $ (6,684,154) $ (5,821,306) $ (19,194,398) $ (15,947,164)
Weighted-average shares outstanding used in computing net loss per share attributable to common shareholders:        
Basic 2,767,440 986,865 2,322,749 860,539
Diluted 2,759,614 986,865 2,320,111 860,539
Net loss per common share:        
Basic $ (2.42) $ (5.90) $ (8.26) $ (18.53)
Diluted $ (2.42) $ (5.90) $ (8.27) $ (18.53)