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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenue $ 3,478,554 $ 4,054,054 $ 5,771,421 $ 8,904,997
Costs of sales:        
Production 2,934,968 5,208,692 5,384,641 10,816,117
Excess capacity & inventory adjustments 1,389,526 994,228 2,533,986 1,459,894
Gross margin (loss) (845,940) (2,148,866) (2,147,206) (3,371,014)
Operating expenses:        
Product development and quality management 0 94,572 0 174,054
Marketing and sales 128,400 374,875 494,568 675,586
General and administrative 1,514,451 20,125,270 2,823,491 21,105,704
Total operating expenses 1,642,851 20,594,717 3,318,059 21,955,344
Loss from operations (2,488,791) (22,743,583) (5,465,265) (25,326,358)
Other (income) expenses:        
Interest expense 766,371 457,974 1,481,976 841,631
Amortization of debt discount 646,140 422,678 1,389,122 859,087
Fair value of common shares issued in excess of fair value of warrants tendered 0 883,476 0 883,476
Change in fair value of derivative liabilities (415,599) (4,075,518) (1,929,599) (11,047,995)
Total other (income) expense 996,912 (2,311,390) 941,499 (8,463,801)
Net loss (3,485,703) (20,432,193) (6,406,764) (16,862,557)
Accretion of preferred stock dividends (169,157) (184,195) (342,092) (565,378)
Net loss attributable to common shareholders $ (3,654,860) $ (20,616,388) $ (6,748,856) $ (17,427,935)
Weighted average common shares - basic and diluted 74,045,320 37,799,845 73,059,159 50,650,392
Net loss per share - basic and diluted (in dollars per share) $ (0.05) $ (0.55) $ (0.09) $ (0.34)