Annual report pursuant to Section 13 and 15(d)

Statements of Operations

v3.8.0.1
Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]    
Product revenue $ 1,212,270 $ 1,628,740
Cost of product revenue 2,241,682 1,939,712
Gross loss (1,029,412) (310,972)
Operating expenses:    
Research and development 4,184,905 5,224,992
General and administrative 3,789,852 3,743,940
Sales and marketing 1,448,517 1,737,233
Total operating expenses 9,423,274 10,706,165
Loss from operations (10,452,686) (11,017,137)
Interest income 17,588 36,046
Net loss $ (10,435,098) $ (10,981,091)
Net loss per share - basic and fully diluted $ (0.79) $ (1.15)
Weighted average number of shares outstanding - basic and fully diluted 13,223,229 9,548,381