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Condensed Consolidated Statements of Net Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue $ 286,151 $ 358,586 $ 541,392 $ 770,179
Cost of goods sold 118,390 108,970 192,106 226,314
Gross margin 167,761 249,616 349,286 543,865
General and administrative expense 3,310,368 729,528 4,808,314 1,945,670
Operations expense 1,271,258 378,906 1,737,824 666,496
Sales and marketing expense 685,029 554,084 1,239,245 1,104,623
Total operating loss (5,098,894) (1,412,902) (7,436,097) (3,172,924)
Gain on revaluation of cash advances to Helomics 1,222,244 1,222,244
Other income (3,223) 50,209
Other Expense 819,283 1,389,059
Loss on equity method investment 960,508 439,637 960,508
Gain on revaluation of equity method investment 6,164,260 6,164,260
Net income/(loss) 1,465,104 (2,373,410) (1,828,080) (4,133,432)
Deemed dividend on Series E Convertible Preferred Stock 20,398 20,398
Net income/(loss) attributable to common shareholders per common shares – basic and diluted $ 1,444,706 $ (2,373,410) $ (1,848,478) $ (4,133,432)
Gain/(loss) per common share - basic (in dollars per share) $ 0.05 $ (0.20) $ (0.08) $ (0.36)
Gain/(loss) per common share – diluted (in dollars per share) $ 0.02 $ (0.20) $ (0.08) $ (0.36)
Weighted average shares used in computation - basic (in shares) 29,609,373 11,878,490 22,747,544 11,632,221
Weighted average shares used in computation - diluted (in shares) 60,070,783 11,878,490 22,747,544 11,632,221