XML 16 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Statements Of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Systems $ 935,978 $ 3,092,935 $ 3,010,997 $ 5,924,113
Disposables, service and accessories 6,938,645 6,571,315 13,511,632 13,271,163
Total revenue 7,874,623 9,664,250 16,522,629 19,195,276
Cost of revenue:        
Systems 395,898 1,849,275 1,478,996 3,249,542
Disposables, service and accessories 699,173 1,093,988 1,796,888 2,324,359
Total cost of revenue 1,095,071 2,943,263 3,275,884 5,573,901
Gross margin 6,779,552 6,720,987 13,246,745 13,621,375
Operating expenses:        
Research and development 1,421,380 1,419,826 2,894,465 2,905,533
Sales and marketing 4,211,706 4,250,779 8,105,819 8,285,150
General and administrative 2,786,046 2,772,708 5,372,838 5,567,297
Total operating expenses 8,419,132 8,443,313 16,373,122 16,757,980
Operating loss (1,639,580) (1,722,326) (3,126,377) (3,136,605)
Other income 135,370 999,169 166,664 106,792
Interest income 140 493 362 1,355
Interest expense (829,046) (816,023) (1,648,066) (1,645,810)
Net loss $ (2,333,116) $ (1,538,687) $ (4,607,417) $ (4,674,268)
Net loss per common share:        
Basic $ (0.11) $ (0.07) $ (0.21) $ (0.22)
Diluted $ (0.11) $ (0.07) $ (0.21) $ (0.22)
Weighted average shares used in computing net loss per common share:        
Basic 21,793,583 21,007,103 21,702,597 20,871,244
Diluted 21,793,583 21,007,103 21,702,597 20,871,244