v3.8.0.1
Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Other revenue - fee (Note 8) $ 24,175 $ 24,175 $ 72,524 $ 72,524
Operating expenses:        
Selling, general and administrative 597,018 1,480,141 2,694,211 3,333,102
Research and development 17,658 52,963 63,008 498,634
Total operating expenses 614,676 1,533,104 2,757,219 3,831,736
Operating loss from continuing operations (590,501) (1,508,929) (2,684,695) (3,759,212)
Other income (expense):        
Gain on property and equipment sale (Note 3) 13,062 1,933,335
Interest expense (4,773,397) (2,384) (4,802,296) (28,130)
Investment income 30,903 23,639 83,247 103,031
Total other income (expense) (4,742,494) 34,317 (4,719,049) 2,008,236
Loss from continuing operations (5,332,995) (1,474,612) (7,403,744) (1,750,976)
Discontinued operations (Note 9):        
Income (loss) from operations 30,922 (236,473) (944,557) (236,473)
Escrow forfeiture gain (Note 6) 134,812
Impairment (loss) (2,754,131)
Total income (loss) from discontinued operations 30,922 (236,473) (3,563,876) (236,473)
Net loss $ (5,302,073) $ (1,711,085) $ (10,967,620) $ (1,987,449)
Basic and diluted net income (loss) per share (Note 1)        
Continuing operations $ (0.99) $ (0.37) $ (1.47) $ (0.45)
Discontinued operations 0.01 (0.06) (0.71) (0.06)
Basic and diluted net loss per share (Note 1) $ (0.98) $ (0.43) $ (2.18) $ (0.51)
Basic and diluted weighted average number of shares outstanding (Note 1) 5,401,552 3,999,637 5,037,764 3,918,151

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