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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues $ 99,978 $ 38,986 $ 145,995 $ 52,928
Cost of revenues (73,399) (15,757) (95,929) (21,838)
Gross profit: 26,579 23,229 50,066 31,090
Selling, general and administrative expenses 1,162,018 923,564 2,217,073 1,854,471
Research and development 324,280 329,968 715,616 681,018
Amortization and depreciation 6,515 2,845 14,439 5,575
Total operating expenses: 1,492,813 1,256,377 2,947,128 2,541,064
Operating loss: (1,466,234) (1,233,148) (2,897,062) (2,509,974)
Other (expense) income:        
Interest expense (1,119,273) (478,525) (2,072,829) (884,850)
Change in fair value of derivative warrant liability 56,352 321,872
Grant income 11,361 43,338 70,149 82,096
Total other expense: (1,051,560) (435,187) (1,680,808) (802,754)
Net loss (2,517,794) (1,668,335) (4,577,870) (3,312,728)
Net loss attributable to noncontrolling interest (173,911) (54,859) (237,167) (121,831)
Net loss attributable to common shareholders $ (2,343,883) $ (1,613,476) $ (4,340,703) $ (3,190,897)
Net loss per share attributable to common shareholders:        
Loss per share attributable to shareholders – basic and diluted (in dollars per share) $ (0.03) $ (0.02) $ (0.05) $ (0.04)
Weighted average number of common shares outstanding: (in shares) 97,770,161 86,419,573 94,718,273 86,133,395
Comprehensive loss:        
Net loss $ (2,517,794) $ (1,668,335) $ (4,577,870) $ (3,312,728)
Foreign currency translation 32,150 (606) (15,986) (9,924)
Comprehensive loss (2,485,644) (1,668,941) (4,593,856) (3,322,652)
Comprehensive loss attributable to noncontrolling interest (173,911) (54,859) (237,167) (121,831)
Comprehensive loss attributable to common stockholders $ (2,311,733) $ (1,614,082) $ (4,356,689) $ (3,200,821)