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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Revenues    
Net product revenues $ 388,298 $ 326,647
License revenues 12,846,584 896,915
Total Revenues 13,234,882 1,223,562
Cost of revenues 117,035 198,750
Gross margin 13,117,847 1,024,812
Patent Monetization Expenses 8,216,749 1,687,802
Research and development expenses 767,680 487,858
General, administrative and selling expenses 1,446,205 1,162,782
Continuing operating income (loss) 2,687,213 (2,313,630)
Interest expense, net (65,006) (274)
Income (loss) from continuing operations before provision for income taxes 2,622,207 (2,313,904)
Provision for income taxes 154,513 214,136
Income (loss) from continuing operations 2,467,694 (2,528,040)
Income (loss) from discontinued operations 576,476 (364,553)
Net income (loss) $ 3,044,170 $ (2,892,593)
Basic weighted average shares 64,000,309 63,721,035
Basic net income (loss) per share from continuing operations $ 0.04 $ (0.04)
Basic net income (loss) per share from discontinuing operations 0.01 (0.01)
Basic net income (loss) per share $ 0.05 $ (0.05)
Diluted weighted average shares 71,929,978 63,721,035
Diluted net income (loss) per share from continuing operations $ 0.03 $ (0.04)
Diluted net income (loss) per share from discontinuing operations 0.01 (0.01)
Diluted net income (loss) per share $ 0.04 $ (0.05)