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Supplemental Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2013
Supplemental Financial Information (Unaudited)[Abstract]  
Supplemental Financial Information (Unaudited)

 

Note 10 - Supplemental Financial Information (Unaudited)

 

Quarterly financial information for the years ended December 31, 2013 and 2012 is presented in the following tables:

 

    Three months ended  
    March 31,     June 30,     September 30,     December 31,  
Fiscal year 2013                        
Revenue   $ 6,475,138     $ 4,295,400     $ 3,488,142     $ 3,653,927  
Income (loss) from operations     (1,090,734 )     (1,481,729 )     (3,199,182 )     (5,067,563 )
Net income (loss)     (2,111,385 )     (1,236,372 )     (3,945,887 )     (4,424,709 )
Net income (loss) per share, basic     (0.04 )     (0.02 )     (0.08 )     (0.08 )
Net income (loss) per share, diluted     (0.04 )     (0.02 )     (0.08 )     (0.08 )
Fiscal year 2012                                
Revenue   $ 6,149,052     $ 6,316,998     $ 6,696,126     $ 6,013,711  
Income (loss) from operations     (1,590,696 )     (1,458,204 )     (1,790,377 )     (1,427,113 )
Net income (loss)     (2,679,888 )     (756,543 )     (213,936 )     (1,269,748 )
Net income (loss) per share, basic     (0.06 )     (0.02 )     0.00       (0.03 )
Net income (loss) per share, diluted     (0.06 )     (0.02 )     0.00       (0.03 )

  

  Our net loss for 2013 includes approximately $3.3 million in merger and acquisition costs associated with the terminated merger with Theraclone, inclusive of a $1 million termination fee paid to Theraclone under the terms of the termination agreement entered into on December 1, 2013.