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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue $ 3,534,210 $ 3,122,912 $ 9,305,631 $ 12,027,909
Costs of sales:        
Production 3,594,367 3,902,250 8,979,008 14,718,367
Excess capacity & inventory adjustments 1,380,448 369,806 3,914,434 1,829,700
Gross margin (loss) (1,440,605) (1,149,144) (3,587,811) (4,520,158)
Operating expenses:        
Product development and quality management 0 52,219 0 226,273
Marketing and sales 156,043 126,047 650,611 801,633
General and administrative 1,235,392 1,069,672 4,058,883 22,175,376
Impairment of intangible assets 0 545,750 0 545,750
Total operating expenses 1,391,435 1,793,688 4,709,494 23,749,032
Loss from operations (2,832,040) (2,942,832) (8,297,305) (28,269,190)
Other (income) expenses:        
Interest expense 779,122 478,496 2,261,098 1,320,127
Amortization of debt discount 581,260 1,196,807 1,970,382 2,055,894
Fair value of common shares issued in excess of fair value of warrants tendered 0 (54) 0 883,422
Change in fair value of derivative liabilities 0 (7,337,983) (1,929,599) (18,385,978)
Total other expense (income) 1,360,382 (5,662,734) 2,301,881 (14,126,535)
Net income (loss) (4,192,422) 2,719,902 (10,599,186) (14,142,655)
Accretion of preferred stock dividends (82,272) (152,237) (424,364) (717,615)
Net (loss) income attributable to common shareholders $ (4,274,694) $ 2,567,665 $ (11,023,550) $ (14,860,270)
Weighted average common shares - basic and diluted (in shares)     73,868,089 46,382,952
Net loss per share - basic and diluted (in dollars per share)     $ (0.15) $ (0.32)
Weighted average common shares -        
Basic (in shares) 75,459,570 69,066,096    
Diluted (in shares) 75,459,570 127,971,683    
Net income (loss) per share -        
Basic (in dollars per share) $ (0.06) $ 0.04    
Diluted (in dollars per share) $ (0.06) $ 0.02