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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 59 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Revenue      
Diagnostic testing services $ 24,124 $ 169,230 $ 908,644
Product sales 0 13,440 231,380
Total revenue 24,124 182,670 1,140,024
Cost of revenue      
Diagnostic testing services 0 47,599 141,509
Product sales 0 18,865 244,919
Total cost of revenue 0 66,464 386,428
Loss on obsolete inventory & LCM 0 0 271,856
Gross profit 24,124 116,206 481,740
Selling expenses 237,838 272,575 2,135,505
Research and development expenses 422,503 220,192 5,084,999
General and administrative expenses 1,774,708 1,564,872 16,155,879
Total operating expenses 2,435,049 2,057,639 23,376,383
Operating loss (2,410,925) (1,941,433) (22,894,643)
Interest income 143 0 7,026
Interest expense 749 7 40,280
Net loss before income taxes (2,411,531) (1,941,440) (22,927,897)
Income taxes 0 0 248
Net loss $ (2,411,531) $ (1,941,440) $ (22,928,145)
Loss per common share - basic and diluted (in dollars per share) $ (0.10) $ (0.14) $ (2.16)
Weighted average shares outstanding, basic & diluted (in shares) 24,419,060 13,421,119 10,604,575