XML 14 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]    
Product revenue $ 387,555 $ 0
Government grant revenue 219,917  
Total revenue 607,472 0
Cost of goods sold 352,683 0
Gross profit 254,789 0
Expenses    
Research and development 4,536,244 2,242,216
Sales and marketing 1,737,470 252,359
General and administrative 6,140,821 2,665,154
Total expenses 12,414,535 5,159,729
Operating income (loss) (12,159,746) (5,159,729)
Interest and other income (expense)    
Interest income 0 1,085
Other expense (183,565) (7,243)
Interest expense 0 (4,130,394)
Change in fair value of warrants liabilities (515,860) (3,941,335)
Inducement charge for Series C warrants (3,049,375) 0
Net loss $ (15,908,546) $ (13,237,616)
Basic and diluted net loss per common share (in dollars per share) $ (1.69) $ (10.42)
Weighted-average common shares outstanding used to calculate basic and diluted net loss per common share 9,425,880 1,270,033