XML 46 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Statements Of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenue:        
Systems $ 3,092,935 $ 1,153,282 $ 5,924,113 $ 2,488,136
Disposables, service and accessories 6,571,315 6,894,255 13,271,163 13,914,071
Total revenue 9,664,250 8,047,537 19,195,276 16,402,207
Cost of revenue:        
Systems 1,849,275 1,080,785 3,249,542 1,640,212
Disposables, service and accessories 1,093,988 903,977 2,324,359 1,963,634
Total cost of revenue 2,943,263 1,984,762 5,573,901 3,603,846
Gross margin 6,720,987 6,062,775 13,621,375 12,798,361
Operating expenses:        
Research and development 1,419,826 1,312,743 2,905,533 2,816,189
Sales and marketing 4,250,779 4,096,155 8,285,150 7,727,420
General and administrative 2,772,708 2,943,510 5,567,297 6,773,377
Total operating expenses 8,443,313 8,352,408 16,757,980 17,316,986
Operating loss (1,722,326) (2,289,633) (3,136,605) (4,518,625)
Other income 999,169 1,181,126 106,792 104,987
Interest income 493 1,695 1,355 3,929
Interest expense (816,023) (834,667) (1,645,810) (1,671,617)
Net loss $ (1,538,687) $ (1,941,479) $ (4,674,268) $ (6,081,326)
Net loss per common share:        
Basic $ (0.07) $ (0.10) $ (0.22) $ (0.31)
Diluted $ (0.07) $ (0.10) $ (0.22) $ (0.31)
Weighted average shares used in computing net loss per common share:        
Basic 21,007,103 19,631,469 20,871,244 19,483,603
Diluted 21,007,103 19,631,469 20,871,244 19,483,603