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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues        
Net product revenues $ 117,870 $ 141,581 $ 357,721 $ 322,052
License revenues 45,010 173,798 3,144,698 610,732
Total revenues 162,880 315,379 3,502,419 932,784
Cost of revenues        
License revenue sharing 289,463   289,463  
Cost of product revenues 28,521 36,684 101,079 97,380
Total cost of revenues 317,984 36,684 390,542 97,380
Gross margin (155,104) 278,695 3,111,877 835,404
Patent Monetization expenses 10,074 2,143,616 1,734,245 4,142,138
Research and development expenses 182,335 197,547 562,383 551,888
General, administrative and selling expenses 295,916 321,925 960,271 822,382
Continuing operating loss (643,429) (2,384,393) (145,022) (4,681,004)
Interest income (expense), net 3,228 (19,350) 5,855 (37,411)
Loss from continuing operations before provision for income taxes (640,201) (2,403,743) (139,167) (4,718,415)
(Benefit) provision for income taxes (38,710) 34,120 9,316 119,958
Loss from continuing operations (601,491) (2,437,863) (148,483) (4,838,373)
(Loss) income from discontinued operations (60,796) 575,895
Net loss $ (601,491) $ (2,498,659) $ (148,483) $ (4,262,478)
Basic and diluted weighted average shares 64,914,935 64,134,024 64,741,959 63,860,211
Basic and diluted net loss per share from continuing operations $ (0.01) $ (0.04) $ 0.00 $ (0.08)
Basic and diluted net (loss) income per share from discontinuing operations 0.00 0.00 0.00 0.01
Basic and diluted net loss per share $ (0.01) $ (0.04) $ 0.00 $ (0.07)