Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Total revenues $ 1,646,335 $ 1,976,005 $ 3,269,702 $ 3,983,077
Cost of revenues 602,236 798,498 1,191,203 1,550,962
Research and development costs 665,310 1,084,202 1,211,638 1,641,901
Sales and marketing expenses 926,231 979,900 1,888,445 2,046,159
General and administrative expenses 1,088,496 935,701 2,041,446 1,919,971
Operating loss (1,635,938) (1,822,296) (3,063,030) (3,175,916)
Other income (expense):        
Gain from change in fair value of derivative liabilities 7,580 31,307 42,023 (61,739)
Other expense, net (87) (715) (883) 3,412
Interest expense, net (248,091) (212,709) (495,563) (425,908)
Net loss $ (1,876,536) $ (2,004,413) $ (3,517,453) $ (3,660,151)
Net loss per share attributable to common stockholders:        
Basic and diluted (in dollars per share) $ (0.17) $ (0.32) $ (0.32) $ (0.74)
Weighted average shares outstanding:        
Basic and diluted (in shares) 10,959,532 6,315,759 10,851,177 4,976,337
Product Revenue [Member]        
Revenues:        
Total revenues $ 1,412,599 $ 1,892,638 $ 2,951,198 $ 3,814,853
Service and Other Revenues [Member]        
Revenues:        
Total revenues $ 233,736 $ 83,367 $ 318,504 $ 168,224