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Condensed Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenue        
Product sales $ 319,171 $ 272,538 $ 503,350 $ 572,713
Laboratory services 28,195 121,899 63,436 291,149
Collaborations revenue 27,780 677,780 280,560 1,305,560
Total revenue 375,146 1,072,217 847,346 2,169,422
Operating expenses        
Cost of products sold 48,231 65,102 163,620 201,209
Cost of services 54,794 140,302 150,224 238,220
Research and development 999,699 1,247,077 2,108,301 2,199,868
General and administrative 1,420,219 523,120 2,079,611 1,078,073
Sales and marketing 905,767 546,581 1,929,796 1,094,053
Total operating expenses 3,428,710 2,522,182 6,431,552 4,811,423
Operating loss (3,053,564) (1,449,965) (5,584,206) (2,642,001)
Other income (expense)        
Interest income 7,127 46 7,162 83
Interest expense (1,632,974) (6,935) (1,729,371) (15,137)
Change in fair value of derivative financial instruments (679,173) 0 (647,342) 0
Total other income (expense) (2,305,020) (6,889) (2,369,551) (15,054)
Net loss (5,358,584) (1,456,854) (7,953,757) (2,657,055)
Preferred stock dividends (72,767) (172,738) (244,508) (283,553)
Net loss available to common stockholders $ (5,431,351) $ (1,629,592) $ (8,198,265) $ (2,940,608)
Net loss per common share - basic and diluted (in dollars per share) $ (0.84) $ (4.49) $ (2.35) $ (8.11)
Weighted average shares outstanding - basic and diluted (in shares) 6,449,108 362,537 3,487,734 362,537