XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue:        
Total revenue $ 1,963,294 $ 5,796,320 $ 4,188,768 $ 8,999,145
Operating expenses:        
Cost of product and product-related services revenue $ 974,642 $ 2,508,371 $ 1,990,134 $ 4,553,898
Type of Cost, Good or Service [Extensible List] htgm:ProductAndProductRelatedServicesMember htgm:ProductAndProductRelatedServicesMember htgm:ProductAndProductRelatedServicesMember htgm:ProductAndProductRelatedServicesMember
Selling, general and administrative $ 4,255,485 $ 4,740,710 $ 8,930,748 $ 9,141,576
Research and development 1,732,776 3,253,639 3,659,051 5,328,387
Total operating expenses 6,962,903 10,502,720 14,579,933 19,023,861
Operating loss (4,999,609) (4,706,400) (10,391,165) (10,024,716)
Other income (expense):        
Interest expense (250,759) (238,796) (476,089) (472,763)
Interest income 68,002 154,774 209,898 336,211
Other income     22,268  
Loss on extinguishment of MidCap Credit Facility and QNAH Convertible Note (522,394)   (522,394)  
Total other expense (705,151) (84,022) (766,317) (136,552)
Net loss before income taxes (5,704,760) (4,790,422) (11,157,482) (10,161,268)
Provision for income taxes (5,791) (6,848) (10,967) (6,848)
Net loss $ (5,710,551) $ (4,797,270) $ (11,168,449) $ (10,168,116)
Net loss per share, basic and diluted $ (0.09) $ (0.17) $ (0.17) $ (0.36)
Shares used in computing net loss per share, basic and diluted 65,757,458 28,657,384 65,162,695 28,629,189
Product and Product-related Services        
Revenue:        
Total revenue $ 1,728,526 $ 4,424,368 $ 3,716,663 $ 7,086,873
Collaborative Development Services        
Revenue:        
Total revenue $ 234,768 $ 1,371,952 $ 472,105 $ 1,912,272