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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Product sales $ 1,200,719 $ 2,925,971 $ 4,474,970 $ 7,541,874
License fees 100,594 67,063 301,783 67,063
Royalties 390,714 244,350 1,087,307 369,646
Other revenue 0 128,835 0 128,835
Total revenues 1,692,027 3,366,219 5,864,060 8,107,418
Cost of revenues        
Cost of sales 1,290,449 2,817,386 4,552,317 5,439,401
Cost of royalties 43,853 32,504 132,543 41,578
Total cost of revenues 1,334,302 2,849,890 4,684,860 5,480,979
Gross profit 357,725 516,329 1,179,200 2,626,439
Operating expenses        
Salaries and wages 1,950,307 1,967,965 6,220,302 6,011,337
Consulting expenses 204,985 415,947 1,374,616 1,596,576
Professional fees 303,083 385,344 935,112 827,198
Research, development, trials and studies 636,239 922,999 2,547,559 3,050,038
General and administrative expenses 1,760,379 1,433,611 4,387,700 5,415,768
Impairment of IPR&D and trademarks 0 0 4,683,829 0
Total operating expenses 4,854,993 5,125,866 20,149,118 16,900,917
Loss from operations (4,497,268) (4,609,537) (18,969,918) (14,274,478)
Other income (expense)        
Interest, net (818,493) (378,587) (2,587,366) (1,323,900)
Change in fair value of derivative liabilities 542,868 5,789 (158,631) 250,349
Other (8,045) 12,076 (9,284) 12,331
Total other income (expense) (283,670) (360,722) (2,755,281) (1,061,220)
Loss before provision for income taxes (4,780,938) (4,970,259) (21,725,199) (15,335,698)
Income tax provision 4,645 4,890 13,935 14,670
Net loss $ (4,785,583) $ (4,975,149) $ (21,739,134) $ (15,350,368)
Loss per common share — Basic and diluted (in dollars per share) $ (0.04) $ (0.05) $ (0.18) $ (0.15)
Weighted average shares outstanding — Basic and diluted (in shares) 123,968,305 104,890,396 118,990,010 102,891,983