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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities    
Net loss $ (2,459,571) $ (6,024,480)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation expense 8,502 8,502
(Gain) loss on debt extinguishment (2,434,661) 2,268,373
Decrease in fair value of derivative liabilities (618) (12,321)
Amortization of discount on notes payable 1,447,400 1,740,150
Accrued interest on patents purchased 123,233 0
Amortization of patents and acquired contracts 811,989 831,123
Net cost of patents sold 0 215,372
Stock-based compensation 393,456 596,901
Changes in operating assets and liabilities    
Accounts receivable 4,966 205,524
Inventories 0 130,155
Prepaid expenses and other current assets, net (24,140) (119,008)
Deferred expenses (34,877) 315,058
Deposits and other assets 0 (10,000)
Accounts payable (384,683) (62,805)
Accrued expenses and other current liabilities 405,555 365,091
Deferred revenue 300,000 596,429
Net cash provided by (used in) operating activities (1,843,449) 1,044,064
Cash flows from financing activities    
Proceeds from issuance of preferred stock, net of issuance costs 2,425,000 0
Proceeds from issuance of common stock, net of issuance costs 1,182,278 1,835,000
Proceeds from issuance of notes payable 0 1,126,900
Payments on Fortress notes payable (1,640,016) 0
Proceeds from related party note payable (50,000) 0
Net cash provided by financing activities 1,917,262 2,961,900
Net decrease in cash and cash equivalents 73,813 4,005,964
Cash and cash equivalents, beginning of period 554,556 1,443,349
Cash and cash equivalents, end of period 628,369 5,449,313
Supplemental disclosures of cash flow information    
Cash paid for interest 426,249 481,838
Supplemental disclosures of non-cash investing and financing activities    
Accrued guaranteed payments and deferred expenses related to purchased patents 0 881,501
Conversion of portion of short term note payable, related party, to purchase common stock 0 100,000
Fair value of common stock warrants $ 1,481,978 $ 0