Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v3.7.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Consolidated Statements of Operations [Abstract]        
Sales $ 270,000 $ 1,234,600 $ 2,048,037 $ 1,470,600
Cost of Sales 995,925 2,294,675 5,308,013 2,759,052
Gross loss (725,925) (1,060,075) (3,259,976) (1,288,452)
Operating Expenses        
Selling, general and administrative 2,640,590 1,616,390 4,748,172 2,787,382
Research and development 5,811,333 258,798 9,054,655 3,199,738
Total operating expenses 8,451,923 1,875,188 13,802,827 5,987,120
Interest expense, net 21,852 567 57,503 40,270
Net loss $ (9,199,700) $ (2,935,830) $ (17,120,306) $ (7,315,842)
Basic and diluted loss per share $ (0.26) $ (0.14) $ (0.49) $ (0.35)
Weighted average number of common shares outstanding 35,273,462 20,665,480 35,273,462 20,665,480