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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue        
Orthopedic product sales $ 21,371,030 $ 21,311,322 $ 43,367,345 $ 42,119,357
Other revenue 37,130 150,248 123,484 319,548
Total Revenue 21,408,160 21,461,570 43,490,829 42,438,905
Cost of sales 7,880,639 6,758,071 14,438,241 13,635,338
Gross Profit 13,527,521 14,703,499 29,052,588 28,803,567
Operating Expenses        
General and administrative 4,526,543 3,899,280 8,654,811 7,383,992
Sales and marketing 11,137,082 10,420,028 22,134,101 20,932,994
Research and development 640,045 783,897 1,338,680 1,683,472
Depreciation and amortization 1,469,603 1,216,696 2,750,568 2,425,030
Acquisition and integration related expenses 0 450,755 0 752,528
Separation related expenses 380,548 0 604,920 0
Non-cash consulting expense 91,857 55,296 236,580 110,592
Total Operating Expenses 18,245,678 16,825,952 35,719,660 33,288,608
Loss from Operations (4,718,157) (2,122,453) (6,667,072) (4,485,041)
Other Income (Expense)        
Interest expense (3,328,262) (2,984,186) (6,728,651) (5,811,361)
Change in warrant derivative liability (13,798) 477,639 156,233 496,329
Other income (expense) (1,632,612) 166,425 (1,620,268) (258,574)
Total Other Income (Expense) (4,974,672) (2,340,122) (8,192,686) (5,573,606)
Benefit (Provision) for Income Taxes        
Net Loss from Operations $ (9,692,829) $ (4,462,575) $ (14,859,758) $ (10,058,647)
Net loss per share:        
Basic $ (0.54) $ (0.37) $ (0.82) $ (0.84)
Dilutive $ (0.54) $ (0.37) $ (0.82) $ (0.84)
Shares used in the computation:        
Basic 18,092,603 12,101,356 18,012,959 11,999,478
Dilutive 18,092,603 12,101,356 18,012,959 11,999,478