Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.19.2
Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2019
Revenue Recognition [Abstract]  
Schedule of revenue recognition

Revenue by Service Line

 

    Three Months Ended June 30,
    2019   2018
Products:        
Disposable products:                
Functional neurosurgery   $ 1,690,122     $ 1,159,527  
Biologics and drug delivery     244,949       111,792  
Therapy     17,830       -  
Capital equipment     241,293       141,280  
Total product revenue     2,194,194       1,412,599  
Services:                
Capital equipment and other     243,954       71,736  
Biologics and drug delivery     168,250       162,000  
Total service revenue     412,204       233,736  
Total revenue   $ 2,606,398     $ 1,646,335  

 

    Six Months Ended June 30,
    2019   2018
Products:        
Disposable products:                
Functional neurosurgery   $ 3,294,767     $ 2,338,862  
Biologics and drug delivery     529,859       292,258  
Therapy     17,830       -  
Capital equipment     515,692       320,078  
Total product revenue     4,358,148       2,951,198  
Services:                
Capital equipment and other     455,156       156,504  
Biologics and drug delivery     265,611       162,000  
Total service revenue     720,767       318,504  
Total revenue   $ 5,078,915     $ 3,269,702