Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Product sales, net $ 2,487,756 $ 2,413,886 $ 4,910,434 $ 5,127,938
Cost of goods sold 823,429 1,125,825 1,620,472 2,261,931
Gross Profit 1,664,327 1,288,061 3,289,962 2,866,007
Operating Expenses:        
Selling, general and administrative 3,385,726 2,850,053 6,074,970 6,787,204
Research and development 341,547 433,544 483,360 744,022
Total operating expenses 3,727,273 3,283,597 6,558,330 7,531,226
Operating loss (2,062,946) (1,995,536) (3,268,368) (4,665,219)
Other income (expense):        
Interest income 5 33,446 27,658 70,488
Interest expense (163,961) (16,124) (519,309) (16,124)
Total Other (Expense) Income (163,956) 17,322 (491,651) 54,364
Loss before taxes (2,226,902) (1,978,214) (3,760,019) (4,610,855)
Provision for income taxes 0 24,854 0 41,003
Net Loss $ (2,226,902) $ (2,003,068) $ (3,760,019) $ (4,651,858)
Weighted average common shares outstanding - Basic and Diluted 51,910,353 34,973,630 50,929,828 34,582,638
Net income per common share - Basic and Diluted $ (.04) $ (.06) $ (.07) $ (.13)