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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities    
Net loss $ (6,847,761) $ (7,818,833)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Restricted stock expense 55,713 153,470
Depreciation 190,984 194,244
Option expense 472,350 591,622
Changes in:    
Other current assets 355,309 (309,103)
Accounts payable - third parties and related parties 446,234 132,591
Accrued expenses (298,692) 394,281
Deferred revenue 1,896,255 (656,523)
Other assets 19,470 15,621
Net cash used in operating activities (3,710,138) (7,302,630)
Cash flows from investing activities    
Purchase of property & equipment (11,779) (127,222)
Net cash used in investing activities (11,779) (127,222)
Cash flows from financing activities    
Common stock and warrants sold for cash, net of offering costs 12,095,294 0
Cash generated from exercise of warrants 3,810 0
Net cash provided by financing activities 12,099,104 0
Net change in cash and cash equivalents 8,377,187 (7,429,852)
Cash and cash equivalents at beginning of period 9,906,373 23,644,542
Cash and cash equivalents at end of period 18,283,560 16,214,690
Cash paid for:    
Interest 1,035 0
Income taxes 0 0
NON-CASH TRANSACTIONS    
Unpaid additions to property and equipment 0 6,825
Subscription receivable $ 0 $ 49,847