XML 13 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Royalties $ 47,236 $ 51,301 $ 207,869 $ 222,931
Diagnostic services 37,978 6,026 69,558 10,712
Clinical research services 3,900 0 35,573 0
Total revenues 89,114 57,327 313,000 233,643
Costs and expenses:        
Cost of revenues 424,559 173,537 1,143,293 429,992
Research and development 3,937,398 2,546,533 11,221,876 7,428,349
Selling and marketing 2,940,862 1,798,263 9,127,450 4,508,766
General and administrative 2,710,782 1,948,546 9,183,761 5,756,047
Total operating expenses 10,013,601 6,466,879 30,676,380 18,123,154
Loss from operations (9,924,487) (6,409,552) (30,363,380) (17,889,511)
Net interest expense (354,993) (335,359) (967,522) (1,100,080)
Gain (loss) from change in fair value of derivative financial instruments — warrants 88,208 4,017,212 674,834 (1,105,270)
Other income (loss), net 0 (8,130) 0 4,617
Net loss (10,191,272) (2,735,829) (30,656,068) (20,090,244)
Preferred stock dividend (6,060) (6,060) (18,180) (18,180)
Net loss attributable to common stockholders $ (10,197,332) $ (2,741,889) $ (30,674,248) $ (20,108,424)
Net loss per common share - basic (in USD per share) $ (0.34) $ (0.10) $ (1.02) $ (0.80)
Net loss per common share - diluted (in USD per share) $ (0.34) $ (0.23) $ (1.04) $ (0.96)
Weighted average shares outstanding — basic 30,339,774 28,560,211 30,018,841 25,014,966
Weighted average shares outstanding — diluted 30,339,774 29,128,235 30,136,572 25,204,307