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DEPRECIATION, SHARE-BASED PAYMENTS, EMPLOYEE AND OTHER EXPENSES (Tables)
12 Months Ended
Dec. 31, 2017
DEPRECIATION, SHARE-BASED PAYMENTS, EMPLOYEE AND OTHER EXPENSES  
Schedule of depreciation, share-based payments, employee and other expenses

                                                                                                                                                                                                                        

 

 

 

For the years ended December 31,

 

 

 

 

2017

 

2016

 

2015

 

 

COST OF GOODS SOLD

 

 

 

 

 

 

 

 

 

 

 

Depreciation

 

$

59,115

 

$

209,613

 

$

165,884

 

 

Share-based payments

 

 

70,242

 

 

45,803

 

 

310,360

 

 

Cash-based employee expenses

 

 

2,595,654

 

 

2,753,841

 

 

3,070,566

 

 

Other expenses

 

 

752,810

 

 

4,082,504

 

 

3,391,324

 

 

 

 

 

 

 

 

 

 

 

 

 

$

3,477,821

 

$

7,091,761

 

$

6,938,134

 

 

 

 

 

 

 

 

 

 

 

EXPENSES

 

 

 

 

 

 

 

 

 

 

 

Selling expenses

 

 

 

 

 

 

 

 

 

 

 

Share-based payments

 

$

98,379

 

$

138,334

 

$

120,780

 

 

Cash-based employee expenses

 

 

202,261

 

 

109,150

 

 

31,447

 

 

Other expenses

 

 

585,586

 

 

449,154

 

 

503,442

 

 

 

 

 

 

 

 

 

 

 

 

 

 

886,226

 

 

696,638

 

 

655,669

 

 

 

 

 

 

 

 

 

 

 

General and administrative expenses

 

 

 

 

 

 

 

 

 

 

 

Depreciation

 

 

93,196

 

 

119,977

 

 

78,544

 

 

Share-based payments

 

 

1,080,627

 

 

510,508

 

 

1,323,583

 

 

Cash-based employee expenses

 

 

2,792,897

 

 

2,713,110

 

 

2,128,392

 

 

Litigation expenses

 

 

2,410,350

 

 

13,170,138

 

 

7,058,226

 

 

Expenses related to the financing

 

 

5,447,182

 

 

—

 

 

—

 

 

Other expenses

 

 

3,860,531

 

 

2,669,054

 

 

3,324,331

 

 

 

 

 

 

 

 

 

 

 

 

 

 

15,684,783

 

 

19,182,787

 

 

13,913,076

 

 

 

 

 

 

 

 

 

 

 

Product development and clinical trials expenses

 

 

 

 

 

 

 

 

 

 

 

Depreciation

 

 

382,234

 

 

426,144

 

 

259,281

 

 

Share-based payments

 

 

1,235,294

 

 

1,115,466

 

 

2,359,442

 

 

Cash-based employee expenses

 

 

4,971,668

 

 

6,183,013

 

 

5,000,258

 

 

Other expenses

 

 

10,899,896

 

 

11,639,880

 

 

9,562,414

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17,489,092

 

 

19,364,503

 

 

17,181,395

 

 

 

 

 

 

 

 

 

 

 

TOTAL EXPENSES

 

$

34,060,101

 

$

39,243,928

 

$

31,750,140

 

 

 

 

 

 

 

 

 

 

 

Depreciation per Statements of Cash Flows

 

$

534,545

 

$

755,734

 

$

503,709

 

 

 

 

 

 

 

 

 

 

 

Share-based payments per Statements of Cash Flows

 

$

2,484,542

 

$

1,810,111

 

$

4,114,165

 

 

 

 

 

 

 

 

 

 

 

Cash-based employee expenses (see Note 19)

 

$

10,562,480

 

$

11,759,114

 

$

10,230,663