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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,529,710) $ (1,517,736)
Adjustments to reconcile loss to net cash used in operating activities:    
Depreciation and amortization 62,755 62,346
Amortization of loan issuance costs and fair value of warrants 82,650 26,315
Stock-based compensation expense 355,941 214,270
Changes in operating assets and liabilities:    
Accounts receivable, net 28,411 (178,372)
Receivable from related party 17,394 (21,118)
Inventory 5,653 33,878
Prepaid expenses and other current assets (46,576) 108,892
Accounts payable 103,112 (42,637)
Accrued expenses 262,464 (145,239)
Deferred revenue 145,573 (363,242)
Deferred liability 25,028 14,459
Net cash used in operating activities (1,487,305) (1,808,184)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital additions 0 (8,963)
Net cash used in investing activities 0 (8,963)
CASH FLOW FROM FINANCING ACTIVITIES:    
Payment of notes payable (384,092) 0
Proceeds from employee stock purchase plan 4,920 3,311
Net cash (used in) provided by financing activities (379,172) 3,311
Net decrease in cash (1,866,477) (1,813,836)
Cash, beginning of period 2,657,214 4,706,018
Cash, end of period 790,737 2,892,182
Cash paid for interest $ 113,329 $ 113,750