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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities    
Net loss $ (3,210,225) $ (2,302,660)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation 183,893 168,727
Stock-based compensation expense 402,763 158,371
Write-off of deferred financing costs 86,736 0
Amortization of deferred rent related to lease incentives (63,499) (63,500)
Amortization of debt discount 31,199 0
Accretion and amortization on available for sale investments 1,792 65,485
(Increase) Decrease in    
Accounts receivable, trade (354,726) 92,236
Inventories (76,094) (356,033)
Prepaid expenses and other current assets (50,151) 47,762
Increase (Decrease) in    
Accounts payable 207,369 (99,771)
Accrued compensation and other current liabilities 37,527 (267,229)
Accrued interest, related party 8,333 0
Deferred rent 19,929 21,651
Net cash used in operating activities (2,775,154) (2,534,961)
Cash flows from investing activities    
Sales of available-for-sale investments 1,650,000 4,725,000
Purchases of available-for-sale investments 0 (342,872)
Costs associated with internal use software development (695,044) (497,480)
Purchase of property and equipment (99,353) (72,009)
Net provided by investing activities 855,603 3,812,639
Cash flows from financing activities    
Proceeds from related party debt 1,000,000 0
Proceeds from exercise of common stock options 151,498 79,969
Deferred costs related to potential stock issuance (86,736) 0
Net cash provided by financing activities 1,064,762 79,969
Net increase (decrease) in cash and cash equivalents (854,789) 1,357,647
Cash and cash equivalents - beginning of period 2,173,258 2,538,758
Cash and cash equivalents - end of period 1,318,469 3,896,405
Non-cash investing and financing activities    
Costs incurred for capitalized internal use software not paid as of quarter end (amounts are included in liabilities) 42,760 265,380
Debt discount related to warrants $ 374,390 $ 0