Quarterly report pursuant to Section 13 or 15(d)

Statements of Operations (unaudited)

v3.7.0.1
Statements of Operations (unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Product revenue $ 275,670 $ 496,644
Cost of product revenue 710,930 494,754
Gross profit (loss) (435,260) 1,890
Operating expenses:    
Research and development 1,190,169 1,479,985
General and administrative 905,963 920,331
Sales and marketing 541,533 412,530
Total operating expenses 2,637,665 2,812,846
Loss from operations (3,072,925) (2,810,956)
Interest income, net 4,541 8,609
Net loss $ (3,068,384) $ (2,802,347)
Net loss per share - basic and fully diluted (in dollars per share) $ (0.28) $ (0.29)
Weighted average number of shares outstanding - basic and fully diluted (in shares) 10,879,690 9,545,982