General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Operations

v3.6.0.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]            
Revenues $ 868,000
Cost of goods sold: 600,000 1,170,000
Gross profit (loss) (600,000) (302,000)
Operating expenses:            
Selling, general, and administrative 941,000 1,165,000 3,255,000 3,475,000 5,197,000 5,449,000
Research and development 1,170,000 928,000 2,871,000 2,636,000 3,412,000 3,156,000
Total operating expenses 2,111,000 2,093,000 6,126,000 6,111,000 8,609,000 8,605,000
Operating loss (2,111,000) (2,093,000) (6,126,000) (6,111,000) (9,209,000) (8,907,000)
Other income (expenses):            
Interest expense (246,000) (150,000) (985,000) (257,000) (2,716,000) (787,000)
Amortization of debt discount (809,000) (1,117,000) (2,209,000) (1,921,000)    
Interest income         2,000 1,000
Loss on debt conversion         (2,414,000)
Loss on exchange of warrants (279,000) (279,000)
Loss on modification of convertible debt (1,429,000) (707,000)
Gain (loss) on valuation of derivative liabilities 1,570,000 50,000 3,124,000 (33,000) (198,000) 1,574,000
Total other income (expenses), net 515,000 (1,217,000) (1,499,000) (2,490,000) (3,898,000) (1,626,000)
Loss before provision for income taxes (1,596,000) (3,310,000) (7,625,000) (8,601,000) (13,107,000) (10,533,000)
Provision for income taxes 3,000 1,000
Net loss $ (1,596,000) $ (3,310,000) $ (7,628,000) $ (8,601,000) $ (13,107,000) $ (10,534,000)
Loss per share-basic and diluted $ (0.42) $ (1.34) $ (2.12) $ (3.61) $ (5.45) $ (6.17)
Weighted average common shares-basic and diluted 3,785,216 2,464,100 3,591,233 2,385,500 2,405,147 1,707,620