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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net loss $ (5,254,652) $ (9,495,347)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation expense 12,753 12,753
(Gain) loss on debt extinguishment (2,434,661) 2,268,373
Decrease in fair value of derivative liabilities (948) (47,331)
Amortization of discount on notes payable 2,064,774 2,191,248
Accrued interest on patents purchased 123,233 0
Amortization of patents and acquired contracts 1,217,985 1,237,115
Net cost of patents sold 0 215,372
Stock-based compensation 545,626 843,386
Changes in operating assets and liabilities    
Accounts receivable 8,880 219,851
Inventories 0 130,155
Prepaid expenses and other current assets, net (646,943) (21,441)
Deferred expenses (27,391) 300,833
Deposits and other assets 0 (10,000)
Accounts payable 777,559 114,512
Accrued expenses and other current liabilities 407,267 483,961
Deferred revenue 450,000 746,429
Net cash used in operating activities (2,756,518) (810,131)
Cash flows from financing activities    
Proceeds from issuance of preferred stock, net of issuance costs 5,221,998 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) (2,147,000)
Redemption of preferred stock (2,500,000) 0
Payments on related party note payable (50,000) (80,000)
Net cash provided by financing activities 2,214,260 734,900
Net decrease in cash and cash equivalents (542,258) (75,231)
Cash and cash equivalents, beginning of period 554,556 1,443,349
Cash and cash equivalents, end of period 12,298 1,368,118
Supplemental disclosures of cash flow information    
Cash paid for interest 613,600 631,471
Supplemental disclosures of non-cash investing and financing activities    
Accrued guaranteed payments and deferred expenses related to purchased patents 0 923,928
Conversion of portion of short term note payable, related party, to purchase common stock 0 100,000
Fair value of common stock warrants $ 4,154,620 $ 41,305