XML 17 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Revenues    
Total Revenue $ 29,625,181 $ 40,519,800
Operating expenses    
General and administrative 11,742,540 12,197,111
Research and development 9,240,020 9,079,351
Sales and marketing 4,686,932 611,571
Royalty expenses 6,196,706 7,720,280
Total operating expenses 31,866,198 29,608,313
Income (loss) from operations (2,241,017) 10,911,487
Other income (expense)    
Interest income, net 93,877 437,653
Interest expense (131,007) 0
Gain on debt settlement 0 16,503
Gain (loss) on foreign exchange (8,981) 50,172
Total other income (expense) (46,111) 504,328
Income (loss) before income taxes (2,287,128) 11,415,815
Income tax benefit 425,679 177,235
Net income (loss) (1,861,449) 11,593,050
Other comprehensive income (loss)    
Foreign Currency Translation Adjustments (26,931) 0
Total comprehensive income (loss) $ (1,888,380) $ 11,593,050
Income (loss) per share of common stock:    
Basic (in dollars per share) $ (0.44) $ 2.88
Diluted (in dollars per share) $ (0.44) $ 2.17
Weighted average common stock outstanding    
Basic (in shares) 4,249,832 4,018,464
Diluted (in shares) 4,249,832 5,342,378
Royalty and licensing revenue    
Revenues    
Total Revenue $ 27,401,919 $ 37,592,401
Treatment investment revenue    
Revenues    
Total Revenue 0 643,955
Grant and contract revenue    
Revenues    
Total Revenue $ 2,223,262 $ 2,283,444