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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue        
Product sales $ 681,127 $ 1,028,146 $ 1,415,629 $ 1,975,365
Laboratory services 15,850 29,674 31,955 159,094
Collaboration revenue 6,233 125,000 27,397 125,000
Total revenue 703,210 1,182,820 1,474,981 2,259,459
Operating expenses        
Cost of products sold 392,791 337,020 817,741 682,987
Cost of services 78,763 161,222 178,996 476,931
Research and development 1,762,234 2,333,584 3,884,749 4,287,013
General and administrative 1,750,018 1,777,054 3,719,234 3,315,100
Sales and marketing 909,402 1,588,553 2,014,988 2,987,988
Total operating expenses 4,893,208 6,197,433 10,615,708 11,750,019
Operating loss (4,189,998) (5,014,613) (9,140,727) (9,490,560)
Other expense        
Interest and other income/(expense) 22 (3,874) 43 (3,699)
Interest expense (53,813) (26,649) (83,657) (68,383)
Foreign currency transaction gains/(losses) 8,998 (7,766) 11,618 3,562
Changes in fair value of warrant and conversion option liabilities 26,744 0 26,744 0
Total other expense (18,049) (38,289) (45,252) (68,520)
Loss before income taxes (4,208,047) (5,052,902) (9,185,979) (9,559,080)
Provision for income taxes 0 0 0 0
Net loss (4,208,047) (5,052,902) (9,185,979) (9,559,080)
Preferred stock dividends and beneficial conversion 0 (332,550) 0 (332,550)
Net loss available to common stockholders $ (4,208,047) $ (5,385,452) $ (9,185,979) $ (9,891,630)
Net loss per common share - basic and diluted $ (0.15) $ (0.37) $ (0.34) $ (0.74)
Weighted average shares outstanding - basic and diluted 28,210,657 14,522,097 27,161,931 13,545,519
Net loss $ (4,208,047) $ (5,052,902) $ (9,185,979) $ (9,559,080)
Other comprehensive (loss)/income - foreign currency translation (3,834) 1,498 (7,591) 387
Comprehensive loss $ (4,211,881) $ (5,051,404) $ (9,193,570) $ (9,558,693)