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Condensed Consolidated Statements of Net Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue $ 522,696 $ 329,930 $ 1,064,088 $ 1,100,108
Cost of goods sold 208,096 83,006 400,202 309,320
Gross margin 314,600 246,924 663,886 790,788
General and administrative expense 2,616,991 762,603 7,425,305 2,708,274
Operations expense 707,414 723,939 2,445,238 1,390,434
Sales and marketing expense 434,955 621,465 1,674,200 1,726,087
Total operating loss (3,444,760) (1,861,083) (10,880,857) (5,034,007)
Gain on revaluation of cash advances to Helomics 1,222,244
Other income 15,084 65,293
Other expense 578,836 1,967,895
Loss on equity method investment 645,786 439,637 1,606,294
Gain on revaluation of equity method investment 6,164,260
Net loss (4,008,512) (2,506,869) (5,836,592) (6,640,301)
Deemed dividend on Series E Convertible Preferred Stock 125,801 146,199
Net loss attributable to common shareholders per common shares – basic and diluted $ (4,134,313) $ (2,506,869) $ (5,982,791) $ (6,640,301)
Loss per common share - basic and diluted (in dollars per share) $ (1.31) $ (1.89) $ (2.32) $ (5.45)
Weighted average shares used in computation - basic and diluted (in shares) 3,146,609 1,325,261 2,581,014 1,217,829