v3.10.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue:        
Revenue from contract with customer $ 264,000   $ 265,000  
Grant and other revenue 277,753 $ 511,599 553,403 $ 1,091,629
Revenue 542,127 611,599 818,572 1,191,629
Cost of revenue 35,392 35,710
Gross profit 506,735 611,599 782,862 1,191,629
Operating expenses:        
Research and development expenses 1,142,718 1,185,874 2,141,674 1,891,148
Selling, general and administrative 1,789,399 4,249,584 3,565,771 7,272,018
Total operating expenses 2,932,117 5,435,458 5,707,445 9,163,166
Loss from operations [1] (2,425,382) (4,823,859) (4,924,583) (7,971,537)
Other (expense) income:        
Interest (expense) income, net (23,547) 44,649 7,840 68,761
Change in fair value of financial instruments 12,872 153,357
Loss on extinguishment of debt (4,265,434) (1,314,102)
Other, net 2,828 (16,673) (1,886) (38,277)
Total other (expense) income, net (20,719) [2] 40,848 (4,259,480) [2] (1,130,261) [2]
Loss before income taxes (2,446,101) (4,783,011) (9,184,063) (9,101,798)
Income tax benefit (expense) 10,929 1,631,234 10,929 3,085,406
Loss from continuing operations (2,435,172) (3,151,777) (9,173,134) (6,016,392)
Discontinued operations, net of tax effect:        
Loss from discontinued operations (1,938) (82,376) (1,938) (338,237)
Gain (loss) on sale 43,053 (1,953,378) 43,053 86,748,123
Net (loss) income (2,394,057) (5,187,531) (9,132,019) 80,393,494
Less (loss) income attributable to noncontrolling interest (16) 33 (25) (169)
Net (loss) income attributable to common stockholders $ (2,394,041) $ (5,187,564) $ (9,131,994) $ 80,393,663
(Loss) income per common share (basic):        
Continuing operations (in dollars per share) $ (0.02) $ (0.02) $ (0.06) $ (0.04)
Discontinued operations (in dollars per share) (0.01) 0.54
Attributable to common stockholders (in dollars per share) $ (0.02) $ (0.03) $ (0.06) $ 0.50
Weighted average shares outstanding (basic) (in shares) 162,716,988 161,910,792 162,494,238 161,147,873
(Loss) income per common share (diluted):        
Continuing operations (in dollars per share) $ (0.02) $ (0.02) $ (0.06) $ (0.04)
Discontinued operations (in dollars per share) (0.01) 0.52
Attributable to common stockholders (in dollars per share) $ (0.02) $ (0.03) $ (0.06) $ 0.49
Weighted average shares outstanding (diluted) (in shares) 162,716,988 161,910,792 162,494,238 165,631,000
Royalty [Member]        
Revenue:        
Revenue from contract with customer $ 6,665 $ 7,460
License [Member]        
Revenue:        
Revenue from contract with customer $ 257,709 $ 100,000 $ 257,709 $ 100,000
[1] Income (loss) from operations does not reflect the allocation of certain selling, general and administrative expenses, excluding depreciation and amortization, to our individual reportable segments, other than those expenses directly incurred by MT.
[2] Amounts consist primarily of losses on debt extinguishment and changes in fair value of financial instruments, which are not currently allocated to our individual reportable segments.

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