2014 Q4 Form 10-Q Financial Statement
#000114420414067164 Filed on November 12, 2014
Income Statement
Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
---|---|---|---|
Revenue | $0.00 | $3.426K | $76.60K |
YoY Change | -100.0% | -95.53% | -27.45% |
Cost Of Revenue | $0.00 | $0.00 | $25.94K |
YoY Change | -100.0% | -100.0% | 188.2% |
Gross Profit | $0.00 | $3.426K | $50.66K |
YoY Change | -100.0% | -93.24% | -44.02% |
Gross Profit Margin | 100.0% | 66.14% | |
Selling, General & Admin | $1.720M | $2.326M | $3.231M |
YoY Change | -23.56% | -28.03% | 376.57% |
% of Gross Profit | 67878.34% | 6378.82% | |
Research & Development | -$750.0K | $923.2K | $321.1K |
YoY Change | -302.7% | 187.49% | -41.41% |
% of Gross Profit | 26945.97% | 633.87% | |
Depreciation & Amortization | $180.0K | $24.64K | $27.17K |
YoY Change | 50.0% | -9.28% | 171.65% |
% of Gross Profit | 719.29% | 53.62% | |
Operating Expenses | $980.0K | $3.249M | $3.553M |
YoY Change | -62.74% | -8.55% | 189.73% |
Operating Profit | -$980.0K | -$3.245M | -$3.502M |
YoY Change | -62.45% | -7.33% | 208.35% |
Interest Expense | $0.00 | $151.00 | $1.00 |
YoY Change | 15000.0% | -99.99% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$140.00 | ||
YoY Change | |||
Pretax Income | -$3.330M | -$3.245M | -$3.502M |
YoY Change | 20.65% | -7.32% | 206.27% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$5.810M | -$3.245M | -$3.502M |
YoY Change | 110.51% | -7.32% | 206.27% |
Net Earnings / Revenue | -94728.4% | -4571.78% | |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$41.50M | -$23.21M | -$38.89M |
COMMON SHARES | |||
Basic Shares Outstanding | 24.56M shares | 24.56M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $8.500M | $11.40M | $7.700M |
YoY Change | 34.92% | 48.05% | 1825.0% |
Cash & Equivalents | $8.501M | $11.37M | $7.694M |
Short-Term Investments | |||
Other Short-Term Assets | $0.00 | $300.0K | $600.0K |
YoY Change | -100.0% | -50.0% | 100.0% |
Inventory | $9.276K | $0.00 | |
Prepaid Expenses | $194.0K | $559.4K | |
Receivables | $298.0K | $0.00 | $299.3K |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $9.086M | $11.70M | $8.595M |
YoY Change | 34.37% | 36.12% | 855.05% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $136.7K | $200.0K | $443.3K |
YoY Change | -16.21% | -54.88% | 343.27% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $48.19K | $500.0K | $4.444M |
YoY Change | 32.23% | -88.75% | |
Total Long-Term Assets | $2.678M | $5.100M | $4.887M |
YoY Change | -48.96% | 4.36% | 1.81% |
TOTAL ASSETS | |||
Total Short-Term Assets | $9.086M | $11.70M | $8.595M |
Total Long-Term Assets | $2.678M | $5.100M | $4.887M |
Total Assets | $11.76M | $16.80M | $13.48M |
YoY Change | -2.04% | 24.61% | 136.53% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $513.0K | $400.0K | $31.13K |
YoY Change | 106.75% | 1184.89% | -68.87% |
Accrued Expenses | $254.1K | $393.7K | $1.400M |
YoY Change | -13.95% | -71.88% | -26.32% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.214M | $1.500M | $1.942M |
YoY Change | 57.98% | -22.77% | -15.55% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | ||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.214M | $1.500M | $1.942M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $2.266M | $1.500M | $1.900M |
YoY Change | 61.0% | -21.05% | -17.39% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$35.17M | -$17.76M | |
YoY Change | 71.44% | ||
Common Stock | $24.56K | $17.45K | |
YoY Change | 32.25% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $9.498M | $15.20M | $11.54M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $11.76M | $16.80M | $13.48M |
YoY Change | -2.04% | 24.61% | 136.53% |
Cashflow Statement
Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$5.810M | -$3.245M | -$3.502M |
YoY Change | 110.51% | -7.32% | 206.27% |
Depreciation, Depletion And Amortization | $180.0K | $24.64K | $27.17K |
YoY Change | 50.0% | -9.28% | 171.65% |
Cash From Operating Activities | -$2.720M | -$2.980M | -$2.740M |
YoY Change | 2.64% | 8.76% | 1726.67% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$50.00K | -$100.0K | -$310.0K |
YoY Change | -44.44% | -67.74% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$50.00K | -$100.0K | -$310.0K |
YoY Change | -44.44% | -67.74% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -100.0K | 150.0K | 8.300M |
YoY Change | -107.19% | -98.19% | 1593.88% |
NET CHANGE | |||
Cash From Operating Activities | -2.720M | -2.980M | -2.740M |
Cash From Investing Activities | -50.00K | -100.0K | -310.0K |
Cash From Financing Activities | -100.0K | 150.0K | 8.300M |
Net Change In Cash | -2.870M | -2.930M | 5.250M |
YoY Change | 112.59% | -155.81% | 1444.12% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.720M | -$2.980M | -$2.740M |
Capital Expenditures | -$50.00K | -$100.0K | -$310.0K |
Free Cash Flow | -$2.670M | -$2.880M | -$2.430M |
YoY Change | 4.3% | 18.52% | 1520.0% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
36446 | USD |
CY2014Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
393704 | USD |
CY2013Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
399478 | USD |
CY2014Q3 | atos |
Total Shares Authorized
TotalSharesAuthorized
|
85000000 | shares |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <b>Use of Estimates:</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <b> </b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates. </div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <b>Reclassifications:</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> The prior period deferred financing costs have been reclassified to conform to the current year presentation. The reclassification had no impact on previously reported net loss or accumulated deficit.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> Certain prior period accrued expenses have been reclassified as accounts payable to conform to the current year presentation. The reclassification had no impact on previously reported net loss or accumulated deficit.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
CY2013Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2013Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
75000000 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
18574334 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
18574334 | shares |
us-gaap |
Cash Acquired From Acquisition
CashAcquiredFromAcquisition
|
400000 | USD | |
us-gaap |
Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
|
862500 | shares | |
CY2012Q3 | us-gaap |
Share Price
SharePrice
|
5.00 | |
atos |
Warrants Issued During Period Acquisitions
WarrantsIssuedDuringPeriodAcquisitions
|
325000 | shares | |
atos |
Warrant Price
WarrantPrice
|
2.3457 | ||
us-gaap |
Depreciation
Depreciation
|
62849 | USD | |
us-gaap |
Depreciation
Depreciation
|
65678 | USD | |
CY2013Q3 | us-gaap |
Depreciation
Depreciation
|
27165 | USD |
CY2012Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
5.00 | |
CY2014Q3 | us-gaap |
Prepaid Advertising
PrepaidAdvertising
|
150000 | USD |
CY2013Q4 | us-gaap |
Prepaid Advertising
PrepaidAdvertising
|
0 | USD |
CY2014Q3 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
36800 | USD |
CY2013Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
112517 | USD |
CY2014Q3 | us-gaap |
Supplies
Supplies
|
42426 | USD |
CY2013Q4 | us-gaap |
Supplies
Supplies
|
131204 | USD |
CY2014Q3 | us-gaap |
Deposit Assets
DepositAssets
|
29500 | USD |
CY2014Q3 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
8000 | USD |
CY2014Q3 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
429355 | USD |
CY2014Q3 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
93665 | USD |
CY2014Q3 | atos |
Capitalized New Product Development Costs
CapitalizedNewProductDevelopmentCosts
|
0 | USD |
CY2013Q4 | atos |
Capitalized New Product Development Costs
CapitalizedNewProductDevelopmentCosts
|
15000 | USD |
CY2013Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
114050 | USD |
CY2014Q3 | atos |
Allowance For Loss On Impairment Of Assets
AllowanceForLossOnImpairmentOfAssets
|
158292 | USD |
CY2013Q4 | atos |
Allowance For Loss On Impairment Of Assets
AllowanceForLossOnImpairmentOfAssets
|
158292 | USD |
CY2014Q3 | us-gaap |
Depreciation
Depreciation
|
24643 | USD |
CY2013Q4 | us-gaap |
Finite Lived Patents Gross
FiniteLivedPatentsGross
|
4794853 | USD |
CY2013Q4 | us-gaap |
Finite Lived License Agreements Gross
FiniteLivedLicenseAgreementsGross
|
0 | USD |
CY2013Q4 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
105839 | USD |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
505059 | USD |
CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
110215 | USD |
CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
440539 | USD |
CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
433277 | USD |
CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
414957 | USD |
CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
393990 | USD |
CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
2572334 | USD |
CY2014Q3 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
566185 | USD |
CY2013Q4 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
408362 | USD |
CY2014Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
102892 | USD |
CY2013Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
48232 | USD |
CY2014Q3 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
13279 | USD |
CY2013Q4 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
19883 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
361905 | USD | |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
37425 | USD | |
CY2013Q3 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
72187 | USD |
CY2014Q3 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
3426 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
223440 | USD | |
us-gaap |
Cost Of Services
CostOfServices
|
0 | USD | |
CY2013Q3 | us-gaap |
Cost Of Services
CostOfServices
|
25938 | USD |
us-gaap |
Selling Expense
SellingExpense
|
743597 | USD | |
CY2013Q3 | us-gaap |
Selling Expense
SellingExpense
|
373418 | USD |
CY2014Q3 | us-gaap |
Selling Expense
SellingExpense
|
282374 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
731258 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1856439 | USD | |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
0 | USD | |
CY2013Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
4410 | USD |
CY2014Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
0 | USD |
CY2014Q3 | us-gaap |
Cost Of Services
CostOfServices
|
0 | USD |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
238669 | USD | |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
0 | USD | |
CY2013Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
0 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
585345 | USD | |
CY2014Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
3426 | USD |
CY2013Q3 | us-gaap |
Gross Profit
GrossProfit
|
50659 | USD |
CY2014Q3 | us-gaap |
Gross Profit
GrossProfit
|
3426 | USD |
us-gaap |
Selling Expense
SellingExpense
|
965383 | USD | |
CY2014Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
0 | USD |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
314562 | USD | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
0 | USD | |
CY2013Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
25938 | USD |
CY2014Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
0 | USD |
us-gaap |
Gross Profit
GrossProfit
|
270783 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
37425 | USD | |
CY2013Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
321111 | USD |
CY2014Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
923169 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6600819 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6280102 | USD | |
CY2013Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2858027 | USD |
CY2014Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2043138 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
8297460 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
8880138 | USD | |
CY2013Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
3552556 | USD |
CY2014Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
3248681 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8026677 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8842713 | USD | |
CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3501897 | USD |
CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3245255 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
53 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
154 | USD | |
CY2013Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
53 | USD |
CY2014Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
11 | USD |
us-gaap |
Interest Expense
InterestExpense
|
360 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
2343 | USD | |
CY2013Q3 | us-gaap |
Interest Expense
InterestExpense
|
1 | USD |
CY2014Q3 | us-gaap |
Interest Expense
InterestExpense
|
151 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-8026984 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-8844902 | USD | |
CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-3501845 | USD |
CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-3245395 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD | |
CY2013Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2014Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8026984 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8844902 | USD | |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3501845 | USD |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3245395 | USD |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.55 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.37 | ||
CY2013Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.22 | |
CY2014Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.13 | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
14697221 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
23860843 | shares | |
CY2013Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
15830033 | shares |
CY2014Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
24537379 | shares |
CY2014Q3 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
6033426 | shares |
CY2014Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
15.00 | |
CY2014Q2 | atos |
Percentage Of Common Stock Outstanding
PercentageOfCommonStockOutstanding
|
0.020 | pure |
CY2014Q2 | atos |
Entitled To Receive Worth Of Common Stock
EntitledToReceiveWorthOfCommonStock
|
30.00 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9497658 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9497658 | shares | |
CY2013Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
7022201 | shares |
CY2014Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9497658 | shares |
CY2014Q3 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | USD |
CY2014Q3 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
11124251 | USD |
CY2013Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
6092161 | USD |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
105723 | USD |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
480007 | USD |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
464771 | USD |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
105894 | USD |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
1156395 | USD |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2282719 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2081669 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
740156 | shares | |
atos |
Stock Issued During Period Shares Stock Options Exercised1
StockIssuedDuringPeriodSharesStockOptionsExercised1
|
160000 | shares | |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3464232 | shares |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1347215 | shares |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
3190856 | shares |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.43 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.53 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
4.36 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
1.20 | ||
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.10 | |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
4.49 | |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
3.17 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P8Y2M16D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P6Y5M19D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P8Y1M10D | ||
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
282063 | USD |
atos |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeited In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodTotalIntrinsicValue
|
21540 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
69388 | USD | |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
117267 | USD |
CY2014Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
15856 | USD |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
108485 | USD |
CY2014Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
22728 | shares |
CY2013Q4 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
24510 | shares |
CY2014Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
50000 | USD |
CY2013Q4 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
50000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1187717 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
545115 | USD | |
CY2013Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
188763 | USD |
CY2014Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
147399 | USD |
CY2014Q2 | atos |
Directors Compensation Paid
DirectorsCompensationPaid
|
35000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
380977 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
228841 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
80870 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
386514 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-29051 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
0 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P2Y11M23D | ||
CY2014Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
2117017 | shares |
CY2014Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
1596602 | USD |
us-gaap |
Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
|
14002162 | USD | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
0 | USD | |
atos |
Financing Fee From Public Offerig
FinancingFeeFromPublicOfferig
|
-1078417 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
225000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
45867 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-71439 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
71099 | USD | |
us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
-43160 | USD | |
us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
-42512 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-37086 | USD | |
atos |
Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
|
32000 | USD | |
us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
200000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
545115 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
-8026984 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
-8844902 | USD | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
-144391 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
350536 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
191106 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
149493 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
205879 | USD | |
atos |
Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
|
60753 | USD | |
atos |
Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
|
-39608 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-304626 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-5774 | USD | |
us-gaap |
Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
|
402840 | USD | |
us-gaap |
Loss Contingency Accrual Carrying Value Period Increase Decrease
LossContingencyAccrualCarryingValuePeriodIncreaseDecrease
|
-208108 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
20300 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-11274 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-6182060 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-7836146 | USD | |
us-gaap |
Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
|
346007 | USD | |
us-gaap |
Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
|
102530 | USD | |
us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
54667 | USD | |
us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
184979 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-400674 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-287509 | USD | |
atos |
Proceeds From Issuance Of Common Stock And Warrants
ProceedsFromIssuanceOfCommonStockAndWarrants
|
12551098 | USD | |
atos |
Proceeds From Issuance Of Common Stock And Warrants
ProceedsFromIssuanceOfCommonStockAndWarrants
|
13155745 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
12551098 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
13155745 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
5968364 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
5032090 | USD | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1725197 | USD |
CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7693561 | USD |
us-gaap |
Interest Paid
InterestPaid
|
359 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
2343 | USD | |
atos |
Non Cash Reclassification Of Furniture And Equipment To Prepaid Expenses
NonCashReclassificationOfFurnitureAndEquipmentToPrepaidExpenses
|
0 | USD | |
atos |
Non Cash Reclassification Of Furniture And Equipment To Prepaid Expenses
NonCashReclassificationOfFurnitureAndEquipmentToPrepaidExpenses
|
15000 | USD | |
atos |
Common Stock Issued For Commitment Fee In Stock Purchase Agreement
CommonStockIssuedForCommitmentFeeInStockPurchaseAgreement
|
2387250 | USD | |
atos |
Common Stock Issued For Commitment Fee In Stock Purchase Agreement
CommonStockIssuedForCommitmentFeeInStockPurchaseAgreement
|
0 | USD | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <b>NOTE 1: NATURE OF OPERATIONS</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <b> </b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> Atossa Genetics Inc. (the “Company”) was incorporated on April 30, 2009 in the State of Delaware. The Company was initially formed to develop and market medical devices that collect specimens for further testing. The Company’s fiscal year ends on December 31st.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> In December 2011, the Company established The National Reference Laboratory for Breast Health, Inc., or the NRLBH, as a wholly-owned subsidiary. The NRLBH is a CLIA-certified laboratory which performs tests including nipple aspirate fluid (“NAF”) cytology testing and pharmacogenetics testing. The NRLBH is also developing other tests such as the NextCYTE test.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> In September 2012, the Company acquired the assets of Acueity Healthcare, Inc. (“Acueity”). The purchased assets included intellectual property rights related to the Viaduct Miniscope and accessories, the Manoa Breast Biopsy system, the Excisor Bioptome, the Acueity Medical Light Source, the Viaduct Microendoscope and accessories, and cash in the amount of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">400,000</font>. No liabilities were assumed by Atossa and Atossa assumed no future financial obligations. In consideration for the assets, Atossa provided the following consideration to the shareholders of Acueity:  <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 862,500</font> shares of common stock, valued at $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">5.00</font> per share, and warrants to purchase up to <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 325,000</font> shares of common stock at an exercise price of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">5.00</font> per share, valued at $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">2.3457</font> per warrant, using a Black-Scholes-Merton Valuation Technique. The acquired patents relate to intraductal diagnostic and therapeutic devices and methods of use. The Company did not, however, acquire an inventory of these diagnostic tools, manufacturing capabilities or any personnel to market and sell the tools. The Company cannot provide any assurance that it will be successful commercializing these tools.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">   </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> Since its inception, the Company has been dependent upon the receipt of capital investment to fund its continuing activities. In addition to the normal risks associated with a new business venture, there can be no assurance that the Company’s business plan will be successfully executed. The Company’s ability to execute its business plan will depend on its ability to obtain additional financing and achieve a profitable level of operations. There can be no assurance that sufficient financing will be obtained. Further, the Company cannot give any assurance that it will generate substantial revenue or that its business operations will prove to be profitable.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-09-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
ATOSSA GENETICS INC | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001488039 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
dei |
Trading Symbol
TradingSymbol
|
ATOS | ||
CY2014Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
24564058 | shares |
CY2014Q3 | us-gaap |
Health Care Organization Medical Supplies And Drugs Expense
HealthCareOrganizationMedicalSuppliesAndDrugsExpense
|
162600 | USD |