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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue:    
Total revenue $ 8,691,424 $ 10,598,847
Cost of revenue 2,277,636 2,751,444
Gross margin 6,413,788 7,847,403
Other expenses:    
Research and development 4,243,365 2,282,052
Legal, financial and other consulting 800,735 707,839
Selling, general and administrative 9,160,823 7,709,703
Total expenses 14,204,923 10,699,594
Loss from operations (7,791,135) (2,852,191)
Other income (expense):    
Interest expense, net 8,027 (10,124)
Miscellaneous income 30,000  
Loss on foreign currency transactions (1,213,290) (1,305,506)
Total other expense, net (1,175,263) (1,315,630)
Loss before benefit from income taxes (8,966,398) (4,167,821)
Benefit from income taxes 0 0
Net loss attributable to common stockholders $ (8,966,398) $ (4,167,821)
Basic net loss per common share $ (0.21) $ (0.10)
Diluted net loss per common share $ (0.21) $ (0.10)
Weighted average number of shares of common stock outstanding, basic 43,487,946 43,242,791
Weighted average number of shares of common stock outstanding, diluted 41,593,218 43,319,507
Comprehensive loss:    
Net loss $ (8,966,398) $ (4,167,821)
Other comprehensive income:    
Currency translation adjustment 962,911 1,157,736
Comprehensive loss (8,003,487) (3,010,085)
Product    
Revenue:    
Total revenue 7,924,457 10,143,356
Cyto Sorb Sales    
Revenue:    
Total revenue 7,866,865 10,143,356
Other product sales    
Revenue:    
Total revenue 57,592  
Grant and other income    
Revenue:    
Total revenue $ 766,967 $ 455,491