XML 36 R4.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
REVENUES:    
TOTAL REVENUES $ 34,464,032 $ 34,581,440
COSTS AND EXPENSES:    
Cost of product sales 22,394,317 22,599,432
Research and development expenses 8,538,416 8,526,256
Selling, general and administrative expenses 16,138,424 11,100,775
Acquisition costs 721,465 337,645
TOTAL COSTS AND EXPENSES 47,792,622 42,564,108
LOSS FROM OPERATIONS (13,328,590) (7,982,668)
OTHER (EXPENSE) INCOME:    
Interest (expense) income, net (846,831) 49,498
LOSS BEFORE INCOME TAX BENEFIT (14,175,421) (7,933,170)
Income tax benefit (500,292) (67,521)
NET LOSS $ (13,675,129) $ (7,865,649)
Basic loss per share (in dollars per share) $ (0.81) $ (0.54)
Diluted loss per share (in dollars per share) $ (0.81) $ (0.54)
Weighted average number of shares outstanding, basic (in shares) 16,954,142 14,432,505
Weighted average number of shares outstanding, diluted (in shares) 16,954,142 14,432,505
Net Product Sales [Member]    
REVENUES:    
TOTAL REVENUES $ 28,844,997 $ 27,913,209
R&D and Grant Revenue [Member]    
REVENUES:    
TOTAL REVENUES 4,680,282 5,719,458
License and Royalty Revenue [Member]    
REVENUES:    
TOTAL REVENUES $ 938,753 $ 948,773