XML 21 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Revenues, net $ 20,142,898 $ 15,026,219 $ 8,775,598
Cost of goods sold 4,506,673 3,671,803 1,959,597
Gross profit 15,636,225 11,354,416 6,816,001
Operating expenses:      
Sales, general, and administrative 28,721,236 22,124,072 19,014,837
Research and development 72,042,774 43,218,938 13,551,263
Depreciation and amortization 62,400 52,467 58,145
Total operating expense 100,826,410 65,395,477 32,624,245
Operating loss (85,190,185) (54,041,061) (25,808,244)
Other income (expense):      
Miscellaneous income, net 95,719 46,569 34,544
Interest income 17,442 37,309 27,234
Financing costs   (260,027) (1,503,922)
Interest expense     (1,165,981)
Loan guaranty costs     (2,944)
Total other income (expense) 113,161 (176,149) (2,611,069)
Loss before income taxes (85,077,024) (54,217,210) (28,419,313)
Net loss $ (85,077,024) $ (54,217,210) $ (28,419,313)
Loss per share, basic and diluted:      
Net loss per share, basic and diluted $ (0.49) $ (0.36) $ (0.22)
Weighted average number of common shares outstanding, basic and diluted 173,174,229 149,727,228 127,569,731