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Basis of Presentation (Tables)
3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Product Revenue from Sale of Instruments and Consumables and Service Revenue from Custom Assay Development and Sample Processing

The Company had product revenue consisting of revenue from the sale of instruments and consumables for the three months ended March 31, 2017 and 2016, as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2017

 

 

2016

 

Instruments

 

$

22,579

 

 

$

79,181

 

Consumables

 

 

518,565

 

 

 

521,009

 

Total product revenue

 

$

541,144

 

 

$

600,190

 

The Company had service revenue consisting of revenue from custom assay development and sample processing for the three months ended March 31, 2017 and 2016, as follows:

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

 

 

2017

 

 

2016

 

Custom assay development

 

$

81,287

 

 

$

 

Sample processing

 

 

748,738

 

 

 

265,042

 

Total service revenue

 

$

830,025

 

 

$

265,042