Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.19.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Total revenue $ 4,449,404 $ 4,785,138 $ 9,860,847 $ 9,267,913
Operating expenses:        
Cost of product sales (141,822) 1,422,957 1,806,070 2,286,582
Research and development 3,712,596 1,082,698 7,113,785 2,732,475
General and administrative 2,382,007 3,041,955 5,098,990 5,949,318
Sales and marketing 2,936,851 2,042,015 6,045,753 3,578,378
Amortization expense 1,078,847 1,233,035 2,157,694 2,250,444
Impairment of intangible assets 1,449,121 1,701,875 1,449,121 1,701,875
Change in fair value of contingent consideration (992,350) 13,239 (811,948) 276,008
Total operating expenses 10,425,250 10,537,774 22,859,465 18,775,080
Loss from operations (5,975,846) (5,752,636) (12,998,618) (9,507,167)
Other (expense) income:        
Change in fair value of warrant liability and unit purchase option liability 18,910 3,918 (28,668) (19,332)
Other (expense) income, net 0 0 (9,400) 18,654
Interest expense, net (199,746) (242,407) (407,685) (342,810)
Total other expense, net (180,836) (238,489) (445,753) (343,488)
Net loss before taxes (6,156,682) (5,991,125) (13,444,371) (9,850,655)
Income tax expense 66,417 16,351 232,776 39,664
Net loss (6,223,099) (6,007,476) (13,677,147) (9,890,319)
Product revenue, net        
Revenues        
Total revenue 4,449,404 4,710,919 9,860,847 8,971,038
Sales force revenue        
Revenues        
Total revenue $ 0 $ 74,219 $ 0 $ 296,875
Common stock        
Other (expense) income:        
Net income (loss) per share of common stock, basic and diluted (in dollars per share) $ (0.11) $ (0.19) $ (0.24) $ (0.31)
Preferred Stock        
Other (expense) income:        
Net income (loss) per share of common stock, basic and diluted (in dollars per share) $ (0.55) $ 0.00 $ (1.21) $ 0.00