XML 36 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Statements of Operations (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenue    
Product sales $ 184,179us-gaap_SalesRevenueGoodsGross $ 300,175us-gaap_SalesRevenueGoodsGross
Laboratory services 35,241opgn_LaboratoryServicesRevenue 169,250opgn_LaboratoryServicesRevenue
Collaborations revenue 252,780opgn_CollaborationsRevenue 627,780opgn_CollaborationsRevenue
Total revenue 472,200us-gaap_Revenues 1,097,205us-gaap_Revenues
Operating expenses    
Cost of products sold 115,389us-gaap_CostOfGoodsSold 136,107us-gaap_CostOfGoodsSold
Cost of services 95,430us-gaap_CostOfServices 97,918us-gaap_CostOfServices
Research and development 1,108,602us-gaap_ResearchAndDevelopmentExpense 952,791us-gaap_ResearchAndDevelopmentExpense
General and administrative 659,392us-gaap_GeneralAndAdministrativeExpense 554,954us-gaap_GeneralAndAdministrativeExpense
Sales and marketing 1,024,029us-gaap_SellingAndMarketingExpense 547,471us-gaap_SellingAndMarketingExpense
Total operating expenses 3,002,842us-gaap_OperatingExpenses 2,289,241us-gaap_OperatingExpenses
Operating loss (2,530,642)us-gaap_OperatingIncomeLoss (1,192,036)us-gaap_OperatingIncomeLoss
Other income (expense)    
Interest income 35us-gaap_InvestmentIncomeInterest 37us-gaap_InvestmentIncomeInterest
Interest expense (96,397)us-gaap_InterestExpense (8,202)us-gaap_InterestExpense
Change in fair value of derivative financial instruments 31,831us-gaap_FairValueAdjustmentOfWarrants  
Total other income (expense) (64,531)us-gaap_NonoperatingIncomeExpense (8,165)us-gaap_NonoperatingIncomeExpense
Net loss (2,595,173)us-gaap_NetIncomeLoss (1,200,201)us-gaap_NetIncomeLoss
Preferred stock dividends (171,741)us-gaap_RedeemablePreferredStockDividends (110,815)us-gaap_RedeemablePreferredStockDividends
Net loss available to common stockholders $ (2,766,914)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (1,311,016)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Net loss per common share - basic and diluted $ (5.61)us-gaap_EarningsPerShareBasicAndDiluted $ (3.62)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average shares outstanding - basic and diluted 493,463us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 362,537us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted