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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues        
License fees $ 1,453 $ 1,453 $ 4,311 $ 362,542
Product sales, net 199,486 4,196 418,059 16,232
Total Revenues 200,939 5,649 422,370 378,774
Costs and Expenses        
Cost of product sold 65,144 494 147,423 1,945
Research and development 90,294 119,011 198,615 390,501
Selling, general and administrative 323,915 304,612 1,048,445 1,008,313
Amortization of intangible assets 114,268 201,718 316,602 599,880
Depreciation 5,481 33,237 71,039 99,567
Total Costs and Expenses 599,102 659,072 1,782,124 2,100,206
Operating (Loss) (398,163) (653,423) (1,359,754) (1,721,432)
Other Income (Expense)        
Interest and miscellaneous income 41 232 45 769
Interest expense (133,972) (32,509) (289,113) (123,712)
Foreign currency transaction gain (loss) (6,151) (282) (9,222) 808
Gain on settlement of liability 0 0 114,013 0
Accommodation fee due on promissory note 0 0 0 (25,000)
(Loss) Before Income Taxes (538,245) (685,982) (1,544,031) (1,868,567)
Income taxes 0 0 0 0
Net (Loss) $ (538,245) $ (685,982) $ (1,544,031) $ (1,868,567)
Basic and diluted net (loss) per common share (in dollars per share) $ 0 $ (0.01) $ (0.02) $ (0.03)
Weighted average number of common shares outstanding (in shares) 159,229,866 62,974,431 99,919,486 54,566,729