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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
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3 Months Ended | 9 Months Ended | ||
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Sep. 30, 2012
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Sep. 30, 2011
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Sep. 30, 2012
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Sep. 30, 2011
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| Condensed Consolidated Statements Of Operations | ||||
| REVENUES | $ 360,338 | $ 0 | $ 594,834 | $ 0 |
| Cost of sales | 144,691 | 0 | 288,761 | 0 |
| Gross profit | 215,647 | 0 | 306,073 | 0 |
| Research and development expenses | 1,940,637 | 56,607 | 2,201,131 | 443,188 |
| Loss on sale of research and development inventory | 0 | 0 | 0 | (1,934,630) |
| Plasma center operating expenses | 489,300 | 450,527 | 1,327,761 | 1,191,243 |
| General and administrative expenses | 1,034,530 | 261,030 | 2,446,043 | 932,248 |
| TOTAL OPERATING EXPENSES | 3,464,467 | 768,164 | 5,974,935 | 4,501,309 |
| LOSS FROM OPERATIONS | (3,248,820) | (768,164) | (5,668,862) | (4,501,309) |
| OTHER INCOME (EXPENSE), NET | 3,073 | (212,913) | 1,471 | (768,130) |
| LOSS BEFORE INCOME TAXES | (3,245,747) | (981,077) | (5,667,391) | (5,269,439) |
| State income tax benefit | 0 | 0 | 617,615 | 320,765 |
| NET LOSS | $ (3,245,747) | $ (981,077) | $ (5,049,776) | $ (4,948,674) |
| NET LOSS PER SHARE - BASIC AND DILUTED | $ (0.70) | $ (2.79) | $ (1.27) | $ (14.08) |
| WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC AND DILUTED | 4,654,303 | 351,535 | 3,988,005 | 351,535 |
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- Details
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- Definition
Custom Element. No definition available.
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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
The component of income tax expense for the period representing amounts of income taxes paid or payable (or refundable) for the period for all income tax obligations as determined by applying the provisions of relevant enacted tax laws to relevant amounts of taxable Income or Loss from continuing operations. 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
The gains (losses) included in earnings resulting from the sale or disposal of tangible assets. This item does not include any gain (loss) recognized on the sale of oil and gas property or timber property. 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
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. 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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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. 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 recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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