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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenue $ 4,054,054 $ 1,499,950 $ 8,904,997 $ 3,259,585
Production 5,208,692 1,433,415 10,816,117 2,955,836
Excess capacity & inventory adjustments 994,228 100,799 1,459,894 100,799
Gross margin (loss) (2,148,866) (34,264) (3,371,014) 202,950
Operating expenses:        
Product development and quality management 94,572 250,393 174,054 468,616
Marketing and sales 374,875 256,166 675,586 501,095
General and administrative 20,125,270 766,118 21,105,704 1,484,229
Total operating expenses 20,594,717 1,272,677 21,955,344 2,453,940
Loss from operations (22,743,583) (1,306,941) (25,326,358) (2,250,990)
Other (income) expenses:        
Interest expense 457,974 180,249 841,631 352,653
Amortization of debt discount 422,678 138,137 859,087 282,028
Fair value of common shares issued in excess of fair value of warrants tendered 883,476 0 883,476 0
Change in fair value of derivative liabilities (4,075,518) (5,133,660) (11,047,995) 476,064
Total other (income) (2,311,390) (4,815,274) (8,463,801) 1,110,745
Net (loss) (20,432,193) 3,508,333 (16,862,557) (3,361,735)
Accretion of preferred stock dividends and beneficial conversion feature (184,195) (401,507) (565,378) (812,337)
Net (loss) attributable to common shareholders $ (20,616,388) $ 3,106,826 $ (17,427,935) $ (4,174,072)
Weighted average common shares -        
Basic 37,799,845 29,563,990    
Diluted 37,799,845 58,821,822    
Weighted average common shares - basic and diluted     50,650,392 29,214,965
Net income (loss) per share -        
Basic $ (0.55) $ 0.11    
Diluted $ (0.55) $ 0.06    
Net (loss) per share - basic and diluted     $ (0.34) $ (0.14)