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Condensed Consolidated Statements of Operations and Other Comprehensive Loss - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue        
Product sales $ 929,241 $ 268,854 $ 1,432,592 $ 841,567
Laboratory services 23,765 88,190 87,201 379,339
Collaboration revenue 27,780 477,780 308,340 1,783,340
Total revenue 980,786 834,824 1,828,133 3,004,246
Cost of products sold (excluding depreciation and amortization) 562,694 101,425 712,016 276,831
Cost of services (excluding depreciation and amortization) 46,634 129,120 191,738 336,616
Total costs of sales (excluding depreciation and amortization) 609,328 230,545 903,754 613,447
Gross profit 371,458 604,279 924,379 2,390,799
Operating expenses        
Research and development 1,724,127 1,029,650 3,741,247 3,075,420
General and administrative 1,610,828 555,444 3,687,313 1,590,085
Sales and marketing 979,681 459,064 2,815,976 1,486,801
Depreciation and amortization 185,177 141,060 392,404 461,432
Transaction expenses 525,596 0 525,596 0
Total operating expenses 5,025,409 2,185,218 11,162,536 6,613,738
Operating loss (4,653,951) (1,580,939) (10,238,157) (4,222,939)
Other income (expense)        
Interest income 2,513 37 9,675 120
Interest expense (17,482) (32,331) (1,746,853) (47,468)
Change in fair value of derivative financial instruments and other 0 4,400 (647,342) 4,400
Total other income (expense) (14,969) (27,894) (2,384,520) (42,948)
Loss before income taxes (4,668,920) (1,608,833) (12,622,677) (4,265,887)
Provision for income taxes 1,662 0 1,662 0
Net loss (4,670,582) (1,608,833) (12,624,339) (4,265,887)
Preferred stock dividends 0 (175,246) (244,508) (458,799)
Net loss available to common stockholders $ (4,670,582) $ (1,784,079) $ (12,868,847) $ (4,724,686)
Net loss per common share - basic and diluted (in dollars per share) $ (0.38) $ (4.92) $ (2.00) $ (13.03)
Weighted average shares outstanding - basic and diluted (in shares) 12,261,238 362,537 6,444,373 362,537
Net loss $ (4,670,582) $ (1,608,833) $ (12,624,339) $ (4,265,887)
Other comprehensive loss - foreign currency translation (49) 0 (49) 0
Comprehensive loss $ (4,670,631) $ (1,608,833) $ (12,624,388) $ (4,265,887)