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
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Product sales, net $ 8,070,765 $ 3,764,191
Cost of goods sold 2,508,862 1,331,188
Gross Profit 5,561,903 2,433,003
Operating Expenses:    
Selling, general and administrative (4,740,593) (3,676,710)
Research and development (153,704) (188,716)
Total operating expenses (4,894,297) (3,865,426)
Gain on change in derivative liability (Note 7) 0 210,600
Royalty buy-out 0 (2,432,000)
Total operating expenses (4,894,297) (6,086,826)
Operating Income (Loss) 667,606 (3,653,823)
Other expense:    
Interest expense (48,272) (130,954)
Total Other Expense (48,272) (130,954)
Net income (loss) before provision for income taxes 619,334 (3,784,777)
Provision for income taxes (Note 10) 0 0
Net Income (Loss) $ 619,334 $ (3,784,777)
Earnings (net loss) per common share:    
Basic $ 0.01 $ (0.06)
Diluted $ 0.01 $ (0.06)
Shares used in computing earnings (net loss) per common share    
Basic 90,512,563 60,098,648
Diluted 95,635,870 60,098,648