Business and Basis of Presentation Adoption of ASU 2014-09 (Tables)

3 Months Ended

Mar. 31, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

ASU 2014-09 Impact [Table Text Block]

	As reported						After adoption
	Quarter Ended March 31, 2017			ASU 2014-09 Impact			Quarter Ended March 31, 2017
Revenues	$	4,306,122		$	7,654		$	4,313,776
Cost of revenues	$	2,697,602		$	26,029		$	2,723,631
Gross profit	$	1,608,520		$	(18,375	)	$	1,590,145
Net loss applicable to common stockholders	$	(7,274,082	)	$	(18,375	)	$	(7,292,457	)
Net loss per common share applicable to common stockholders, basic and diluted	$	(7.27	)	$	(0.02	)	$	(7.29	)

 Adoption of ASU 2014-09 impacted the previously reported balance sheet as of December 31, 2017 as follows:

	As reported						After adoption
	December 31, 2017			ASU 2014-09 Impact			December 31, 2017
Accounts receivable, net	$	1,049,329		$	1,353,499		$	2,402,828
Prepaid expenses and other current assets	$	1,867,803		$	(1,356,405	)	$	511,398
Total current assets	$	9,103,374		$	770,008		$	9,873,382
Accrued product returns	$	666,375		$	1,292,181		$	1,958,556
Deferred revenue	$	820,031		$	(820,031	)	$	—
Total current liabilities	$	4,581,835		$	472,150		$	5,053,985
Accumulated deficit	$	(191,338,054	)	$	297,858		$	(191,040,196	)
Total stockholders’ equity	$	5,017,389		$	297,858		$	5,315,247