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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues $ 132,500 $ 306,603 $ 4,483,303 $ 353,646
Operating Expenses        
Cost of revenues 51,651 339,795 913,800 418,000
Patent amortization expense 377,742 387,585 1,152,365 1,012,956
General and administrative 1,930,705 2,559,474 5,921,212 8,996,860
Total operating expenses 2,360,098 3,286,854 7,987,377 10,427,816
Loss from operations (2,227,598) (2,980,251) (3,504,074) (10,074,170)
Other income (expense)        
Loss on extinguishment of notes payable 0 0 (2,268,373) (2,403,193)
Decrease in fair value of derivative liabilities 35,010 271,804 47,331 667,448
Other income 1,600 0 1,637 0
Interest expense, net (1,279,879) (229,231) (3,771,868) (525,391)
Total other income (expense), net (1,243,269) 42,573 (5,991,273) (2,261,136)
Loss before provision for income taxes (3,470,867) (2,937,678) (9,495,347) (12,335,306)
Provision for income taxes 0 0 0 0
Net loss (3,470,867) (2,937,678) (9,495,347) (12,335,306)
Net loss available to common shareholders $ (3,470,867) $ (2,937,678) $ (9,495,347) $ (12,335,306)
Basic and diluted loss per share $ (0.10) $ (0.15) $ (0.29) $ (0.79)
Weighted average shares outstanding, basic and diluted 35,425,200 19,852,019 32,233,484 15,698,206