General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Operations (Unaudited)

v3.5.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Revenues:        
Product revenues $ 1,366,153 $ 976,871 $ 4,416,036 $ 3,378,765
Development service revenues     37,405 103,846
Other service revenues 27,981 33,532 140,751 121,871
Total revenues 1,394,134 1,010,403 4,594,192 3,604,482
Cost of product revenues 696,546 385,609 1,987,636 1,927,138
Research and development costs 657,192 527,512 1,957,332 3,297,112
Selling, general, and administrative expenses 1,974,249 2,288,660 8,370,749 8,039,455
Restructuring charges 753,400 1,252,584
Gain on sale of intellectual property     (4,338,601)
Operating loss (1,933,853) (2,944,778) (8,974,109) (5,320,622)
Other income (expense):        
Gain (loss) on change in fair value of derivative liabilities 160,118 (782,802) 1,539,876 1,549,696
Gain on forgiveness of amounts in accounts payable     77,837
Other income, net 75,142 82,688 230,875 175,547
Interest income 4,333 7,451 16,455 11,617
Interest expense (349,558) (307,813) (1,262,343) (1,018,807)
Net loss $ (2,043,818) $ (3,945,254) $ (8,449,246) $ (4,524,732)
Net loss per share attributable to common stockholders:        
Basic and diluted (in dollars per share) $ (0.60) $ (1.50) $ (3.30) $ (2.40)
Weighted average shares outstanding:        
Basic and diluted (in shares) 3,054,862 2,494,761 2,513,131 1,974,694