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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues $ 47,044 $ 0 $ 47,044 $ 0
Cost of Revenue 78,205 0 78,205 0
Gross loss (31,161) 0 (31,161) 0
Operating Expenses        
General and administrative 3,399,763 693,544 6,437,386 793,146
Patent amortization expense 292,815 52,366 625,371 52,366
Total operating expenses 3,692,578 745,910 7,062,757 845,512
Loss from operations (3,723,739) (745,910) (7,093,918) (845,512)
Other income (expense)        
Loss on extinguishment of notes payable 0 0 (2,403,193) 0
Decrease (increase) in fair value of derivative liabilities (78,682) 0 395,644 0
Other expense 0 0 0 0
Interest expense, net (129,892) (2,735) (296,160) (2,735)
Total other (expense), net (208,574) (2,735) (2,303,709) (2,735)
Loss before provision for income taxes (3,932,313) (748,645) (9,397,627) (848,247)
Provision for income taxes 0 0 0 0
Net loss $ (3,932,313) $ (748,645) $ (9,397,627) $ (848,247)
Basic and diluted loss per share $ (0.27) $ (0.09) $ (0.69) $ (0.11)
Weighted average shares outstanding basic and diluted 14,613,039 7,934,559 13,577,273 7,705,193