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Basis of Presentation (Tables)
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2017 and 2016, as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Instruments

 

$

148,479

 

 

$

3,119

 

 

$

171,058

 

 

$

82,300

 

Consumables

 

 

258,698

 

 

 

574,008

 

 

 

777,263

 

 

 

1,095,017

 

Total product revenue

 

$

407,177

 

 

$

577,127

 

 

$

948,321

 

 

$

1,177,317

 

The Company had service revenue consisting of revenue from custom assay development and sample processing for the three and six months ended June 30, 2017 and 2016, as follows:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Custom assay development

 

$

582,072

 

 

$

—

 

 

$

623,359

 

 

$

—

 

Sample processing

 

 

469,096

 

 

 

1,318,689

 

 

 

1,257,834

 

 

 

1,583,731

 

Collaboration agreement

 

 

302,411

 

 

 

—

 

 

 

302,411

 

 

 

—

 

Total service revenue

 

$

1,353,579

 

 

$

1,318,689

 

 

$

2,183,604

 

 

$

1,583,731