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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Product and Product-Related Service Revenue from Sale of Instruments and Consumables

The Company had product and product-related services revenue consisting of revenue from the sale of instruments and consumables and the use of the HTG EdgeSeq proprietary technology to process samples and develop custom RUO assays for the years ended December 31, 2017 and 2016 as follows:

 

 

 

Years Ended December 31,

 

 

 

2017

 

 

2016

 

Product revenue:

 

 

 

 

 

 

 

 

Instruments

 

$

385,143

 

 

$

522,813

 

Consumables

 

 

1,463,347

 

 

 

2,237,129

 

Total product revenue

 

 

1,848,490

 

 

 

2,759,942

 

Product-related services revenue:

 

 

 

 

 

 

 

 

Custom RUO assay development

 

 

419,515

 

 

 

235,818

 

Sample processing

 

 

4,529,250

 

 

 

2,136,970

 

Total product-related services revenue

 

 

4,948,765

 

 

 

2,372,788

 

Total product and product-related services revenue

 

$

6,797,255

 

 

$

5,132,730