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Consolidated Statements of Operations (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Net revenues:    
Licensing and maintenance $ 2,452,535us-gaap_LicenseAndMaintenanceRevenue $ 5,332,539us-gaap_LicenseAndMaintenanceRevenue
Total net revenues 2,452,535us-gaap_SalesRevenueNet 5,332,539us-gaap_SalesRevenueNet
Operating expenses:    
Licensing and maintenance — cost of net revenues 444,794us-gaap_CostOfServicesLicensesAndMaintenanceAgreements 312,828us-gaap_CostOfServicesLicensesAndMaintenanceAgreements
Selling, general and administrative 4,301,674us-gaap_SellingGeneralAndAdministrativeExpense 5,201,968us-gaap_SellingGeneralAndAdministrativeExpense
Research and development 2,499,046us-gaap_ResearchAndDevelopmentExpense 3,064,673us-gaap_ResearchAndDevelopmentExpense
Total operating expenses 7,245,514wavx_OperatingExpenseAndCostOfSales 8,579,469wavx_OperatingExpenseAndCostOfSales
Operating loss (4,792,979)us-gaap_OperatingIncomeLoss (3,246,930)us-gaap_OperatingIncomeLoss
Other income (expense), net:    
Net currency transaction loss (50,095)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (1,711)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Net interest expense (60,938)us-gaap_InterestIncomeExpenseNet (44,864)us-gaap_InterestIncomeExpenseNet
Total other income (expense), net (111,033)us-gaap_NonoperatingIncomeExpense (46,575)us-gaap_NonoperatingIncomeExpense
Net loss $ (4,904,012)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (3,293,505)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Loss per common share - basic and diluted (in dollars per share) $ (0.10)us-gaap_EarningsPerShareBasicAndDiluted $ (0.09)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of common shares outstanding (in shares) 49,943,967us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 38,486,897us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted