Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

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Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 17,326,588 $ 7,912,011
Accounts receivable, net 795,559 446,521
Inventories, net 586,144 251,338
Prepayments and other current assets 166,634 263,605
Total current assets 18,874,925 8,873,475
Property and equipment, net 854,280 374,376
Intangible assets, net 1,288,010 1,012,964
Other non-current assets 17,920 17,920
Total assets 21,035,135 10,278,735
Current liabilities:    
Accounts payable 1,033,854 441,636
Accrued expenses 1,093,363 773,119
Total current liabilities $ 2,127,217 $ 1,214,755
Commitments
Stockholders' equity:    
Common stock, $0.001 par value; 50,000,000 shares authorized; 9,379,939 and 7,048,235 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively $ 9,380 $ 7,048
Additional paid-in capital 49,957,213 32,712,020
Treasury stock (2,657) (2,657)
Accumulated deficit (31,056,018) (23,652,431)
Total stockholders' equity 18,907,918 9,063,980
Total Liabilities and Stockholders' Equity $ 21,035,135 $ 10,278,735