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Consolidated Statement of Operations (USD $)
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3 Months Ended | 12 Months Ended | ||
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Mar. 31, 2014
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Mar. 31, 2013
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Dec. 31, 2013
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Dec. 31, 2012
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| Revenue: | ||||
| Medical devices | $ 526,753 | $ 332,919 | $ 1,611,709 | $ 566,222 |
| Engineering services | 534,958 | 363,330 | 1,690,235 | 2,140,355 |
| Total revenue | 1,061,711 | 696,249 | 3,301,944 | 2,706,577 |
| Cost of revenue: | ||||
| Cost of medical devices | 330,125 | 232,563 | 1,460,692 | 553,429 |
| Cost of engineering services | 252,103 | 347,214 | 1,253,942 | 1,782,848 |
| Total cost of revenue | 582,228 | 579,777 | 2,714,634 | 2,336,277 |
| Gross Profit | 479,483 | 116,472 | 587,310 | 370,300 |
| Operating expenses: | ||||
| Sales and marketing | 1,531,382 | 1,133,454 | 4,291,282 | 5,925,905 |
| Research and development | 768,542 | 921,706 | 2,677,310 | 4,304,317 |
| General and administrative | 2,071,443 | 1,216,043 | 3,913,047 | 4,381,067 |
| Total operating expenses | 4,371,367 | 3,271,203 | 10,881,639 | 14,611,289 |
| Loss from operations | (3,891,884) | (3,154,731) | (10,294,329) | (14,240,989) |
| Other income (expense): | ||||
| Interest expense | (426,603) | (639,113) | (1,726,455) | (736,346) |
| Loss on increase in fair value of warrant liability | (77,436,700) | |||
| Interest income | 1,400 | 1,264 | 5,225 | 10,692 |
| Non-cash gain on changes in fair value of warrants | 186,075 | 17,126 | ||
| Other expense, net | (11,572) | (4,174) | (57,890) | (92,441) |
| Total other income (expense), net | (77,873,475) | (642,023) | (1,593,045) | (800,969) |
| Net loss | $ (81,765,359) | $ (3,796,754) | $ (11,887,374) | $ (15,041,958) |
| Basic and diluted net loss per share | $ (1.22) | $ (0.18) | ||
| Weighted-average number of shares used in computing basic and diluted net loss per share amounts | 67,072,057 | 20,636,529 | ||
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- Definition
The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs related to services rendered by an entity during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Definition
Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Details
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue during the period from services rendered in the normal course of business, after deducting allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Definition
Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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