XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue:        
Sublease $ 251,996 $ 493,061
Total revenue 6,798,111 7,551,401 13,807,985 14,523,034
Cost of revenue:        
Sublease 246,531 493,061
Total cost of revenue 1,147,492 1,389,050 2,559,545 2,654,397
Gross margin 5,650,619 6,162,351 11,248,440 11,868,637
Operating expenses:        
Research and development 2,695,162 2,032,394 5,654,381 3,995,020
Sales and marketing 3,236,516 3,457,416 6,546,342 7,092,413
General and administrative 1,178,469 1,298,604 2,646,629 2,537,783
Total operating expenses 7,110,147 6,788,414 14,847,352 13,625,216
Operating loss (1,459,528) (626,063) (3,598,912) (1,756,579)
Other income 2,590,361
Interest income (expense) 31,810 (6,142) 48,374 (30,757)
Net income (loss) (1,427,718) (632,205) (3,550,538) 803,025
Cumulative dividend on convertible preferred stock (357,194) (357,518) (710,704) (711,107)
Net income attributable to convertible preferred stock (42,936)
Earnings (loss) attributable to common stockholders $ (1,784,912) $ (989,723) $ (4,261,242) $ 48,982
Net income (loss) per share attributable to common stockholders:        
Basic $ (0.03) $ (0.02) $ (0.07) $ (0.00)
Diluted $ (0.03) $ (0.02) $ (0.07) $ 0.00
Weighted average number of common shares and equivalents:        
Basic 60,052,673 58,926,545 59,936,606 45,019,358
Diluted 60,052,673 58,926,545 59,936,606 45,728,732
Systems [Member]        
Revenue:        
Total revenue $ 310,751 $ 58,051 $ 328,026
Cost of revenue:        
Total cost of revenue 6,201 457,509 57,365 661,111
Disposables, Service and Accessories [Member]        
Revenue:        
Total revenue 6,546,115 7,240,650 13,256,873 14,195,008
Cost of revenue:        
Total cost of revenue $ 894,760 $ 931,541 $ 2,009,119 $ 1,993,286