2015 Q3 Form 10-Q Financial Statement
#000114420415049003 Filed on August 13, 2015
Income Statement
Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
---|---|---|---|
Revenue | $1.344M | $963.9K | $1.025M |
YoY Change | 15.6% | -5.93% | 251.53% |
Cost Of Revenue | $638.8K | $465.4K | $666.2K |
YoY Change | 34.24% | -30.13% | 233.82% |
Gross Profit | $704.8K | $498.5K | $358.5K |
YoY Change | 2.67% | 39.05% | 289.98% |
Gross Profit Margin | 52.45% | 51.72% | 34.99% |
Selling, General & Admin | $1.700M | $1.626M | $1.209M |
YoY Change | 37.04% | 34.53% | 101.21% |
% of Gross Profit | 241.21% | 326.25% | 337.21% |
Research & Development | $866.3K | $801.7K | $347.0K |
YoY Change | -1.59% | 131.03% | -51.0% |
% of Gross Profit | 122.92% | 160.81% | 96.79% |
Depreciation & Amortization | $40.00K | $20.00K | $30.00K |
YoY Change | 100.0% | -33.33% | 50.0% |
% of Gross Profit | 5.68% | 4.01% | 8.37% |
Operating Expenses | $2.855M | $2.726M | $1.722M |
YoY Change | 31.57% | 58.31% | 14.89% |
Operating Profit | -$2.150M | -$2.227M | -$1.363M |
YoY Change | 44.94% | 63.38% | -3.09% |
Interest Expense | $3.190K | $3.039K | -$127.8K |
YoY Change | -106.85% | -102.38% | 1468.3% |
% of Operating Profit | |||
Other Income/Expense, Net | -$697.1K | $3.662M | -$490.2K |
YoY Change | 4611.39% | -846.98% | 5917.1% |
Pretax Income | -$2.847M | $1.434M | -$1.854M |
YoY Change | 90.04% | -177.38% | 31.0% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | 0.0% | ||
Net Earnings | -$2.847M | $1.434M | -$1.854M |
YoY Change | 90.04% | -177.38% | 31.0% |
Net Earnings / Revenue | -211.92% | 148.8% | -180.9% |
Basic Earnings Per Share | -$0.11 | $0.06 | -$0.27 |
Diluted Earnings Per Share | -$0.11 | $0.05 | -$0.27 |
COMMON SHARES | |||
Basic Shares Outstanding | 25.05M shares | 24.77M shares | 12.05M shares |
Diluted Shares Outstanding | 28.83M shares | 12.05M shares |
Balance Sheet
Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $9.300M | $11.20M | $9.600M |
YoY Change | 19.23% | 16.67% | 405.26% |
Cash & Equivalents | $7.386M | $8.017M | $4.878M |
Short-Term Investments | $1.900M | $3.200M | $4.700M |
Other Short-Term Assets | $400.0K | $300.0K | $400.0K |
YoY Change | 100.0% | -25.0% | 100.0% |
Inventory | $1.300M | $1.060M | $303.7K |
Prepaid Expenses | |||
Receivables | $553.4K | $500.0K | $300.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $11.60M | $13.04M | $10.62M |
YoY Change | 29.54% | 22.77% | 310.62% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $500.0K | $402.8K | $172.0K |
YoY Change | 161.61% | 134.21% | 20.54% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $700.0K | $655.2K | $462.6K |
YoY Change | 45.53% | 41.63% | 83.98% |
Total Long-Term Assets | $1.200M | $1.058M | $634.6K |
YoY Change | 78.53% | 66.72% | 61.02% |
TOTAL ASSETS | |||
Total Short-Term Assets | $11.60M | $13.04M | $10.62M |
Total Long-Term Assets | $1.200M | $1.058M | $634.6K |
Total Assets | $12.80M | $14.10M | $11.26M |
YoY Change | 32.96% | 25.25% | 277.62% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $500.0K | $417.7K | $526.0K |
YoY Change | 12.07% | -20.58% | -27.01% |
Accrued Expenses | $800.0K | $700.0K | $600.0K |
YoY Change | 100.0% | 16.67% | 20.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $700.0K | ||
YoY Change | -22.22% | ||
Total Short-Term Liabilities | $3.400M | $2.528M | $2.769M |
YoY Change | 119.43% | -8.72% | 31.62% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.400M | $2.528M | $2.769M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $3.400M | $2.500M | $2.800M |
YoY Change | 126.67% | -10.71% | 33.08% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | |||
YoY Change | |||
Common Stock | $310.4K | ||
YoY Change | 32.42% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $9.400M | $11.60M | -$9.230M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $12.80M | $14.10M | $11.26M |
YoY Change | 32.96% | 25.26% | 277.62% |
Cashflow Statement
Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.847M | $1.434M | -$1.854M |
YoY Change | 90.04% | -177.38% | 31.0% |
Depreciation, Depletion And Amortization | $40.00K | $20.00K | $30.00K |
YoY Change | 100.0% | -33.33% | 50.0% |
Cash From Operating Activities | -$2.260M | -$2.600M | -$1.460M |
YoY Change | 17.1% | 78.08% | 43.14% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$180.0K | -$100.0K | -$90.00K |
YoY Change | 200.0% | 11.11% | 125.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $1.240M | -$250.0K | $0.00 |
YoY Change | -147.69% | ||
Cash From Investing Activities | $1.060M | -$350.0K | -$90.00K |
YoY Change | -139.7% | 288.89% | 125.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 560.0K | 470.0K | 10.00K |
YoY Change | 1766.67% | 4600.0% | -99.36% |
NET CHANGE | |||
Cash From Operating Activities | -2.260M | -2.600M | -1.460M |
Cash From Investing Activities | 1.060M | -350.0K | -90.00K |
Cash From Financing Activities | 560.0K | 470.0K | 10.00K |
Net Change In Cash | -640.0K | -2.480M | -1.540M |
YoY Change | -86.0% | 61.04% | -408.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.260M | -$2.600M | -$1.460M |
Capital Expenditures | -$180.0K | -$100.0K | -$90.00K |
Free Cash Flow | -$2.080M | -$2.500M | -$1.370M |
YoY Change | 11.23% | 82.48% | 39.8% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.47 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
4.90 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
0.06 | ||
CY2014Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
819151 | USD |
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
537566 | USD |
CY2015Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
274544 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
700462 | USD |
CY2015Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8017344 | USD |
CY2014Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
833 | USD |
CY2015Q2 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
1392512 | USD |
CY2014Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
2981418 | USD |
CY2015Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2527890 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4505442 | USD |
CY2015Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2015Q2 | us-gaap |
Inventory Net
InventoryNet
|
1059945 | USD |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
615798 | USD |
CY2015Q2 | us-gaap |
Assets
Assets
|
14098864 | USD |
CY2014Q4 | us-gaap |
Assets
Assets
|
8468625 | USD |
CY2015Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
417719 | USD |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
698307 | USD |
CY2015Q2 | ctso |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
717659 | USD |
CY2014Q4 | ctso |
Accrued Expenses And Other Current Liabilities
AccruedExpensesAndOtherCurrentLiabilities
|
824884 | USD |
CY2015Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
USD | |
CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2015Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3605280 | USD |
CY2015Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
24890521 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
23304640 | shares |
CY2015Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
3188000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3963183 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8468625 | USD |
CY2014Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
1944547 | USD |
CY2015Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
3728 | USD |
CY2014Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
3756 | USD |
CY2015Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
23304640 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
24890521 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1626398 | USD |
CY2014Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1208923 | USD |
CY2015Q2 | us-gaap |
Assets Current
AssetsCurrent
|
13040875 | USD |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
7607006 | USD |
CY2015Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
402823 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
245821 | USD |
CY2015Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
655166 | USD |
CY2015Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
501042 | USD |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1434318 | USD |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1853602 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-76361 | USD |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
4318 | USD |
CY2015Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1357957 | USD |
CY2014Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1849284 | USD |
CY2015Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
773112 | USD |
CY2014Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
663233 | USD |
CY2015Q2 | us-gaap |
Revenue From Grants
RevenueFromGrants
|
179657 | USD |
CY2014Q2 | us-gaap |
Revenue From Grants
RevenueFromGrants
|
358922 | USD |
CY2015Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
11170 | USD |
CY2014Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
2500 | USD |
CY2015Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
963939 | USD |
CY2014Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1024655 | USD |
CY2015Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
465431 | USD |
CY2014Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
666151 | USD |
CY2015Q2 | us-gaap |
Gross Profit
GrossProfit
|
498508 | USD |
CY2014Q2 | us-gaap |
Gross Profit
GrossProfit
|
358504 | USD |
CY2015Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
801656 | USD |
CY2014Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
346993 | USD |
CY2015Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
297913 | USD |
CY2014Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
165977 | USD |
CY2015Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
2725967 | USD |
CY2014Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
1721893 | USD |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2227459 | USD |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1363389 | USD |
CY2014Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-127769 | USD |
CY2015Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
3039 | USD |
CY2015Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-3596832 | USD |
CY2014Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
342720 | USD |
CY2015Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
3661777 | USD |
CY2014Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-490213 | USD |
CY2015Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
1434318 | USD |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-1853602 | USD |
CY2015Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
CY2015Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
USD | |
CY2014Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
1374245 | USD |
CY2015Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1434318 | USD |
CY2014Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3227847 | USD |
CY2015Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | |
CY2014Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.27 | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24768639 | shares |
CY2014Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12047838 | shares |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1476770 | USD | |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1232476 | USD | |
us-gaap |
Revenue From Grants
RevenueFromGrants
|
198240 | USD | |
us-gaap |
Revenue From Grants
RevenueFromGrants
|
850184 | USD | |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
12003 | USD | |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
4167 | USD | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1687013 | USD | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2086827 | USD | |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
769912 | USD | |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
1328688 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
917101 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
758139 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1752684 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
583767 | USD | |
us-gaap |
Professional Fees
ProfessionalFees
|
513431 | USD | |
us-gaap |
Professional Fees
ProfessionalFees
|
402510 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3141565 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
2277877 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
5407680 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
3264154 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4490579 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2506015 | USD | |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
5652 | USD | |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-264858 | USD | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-1588906 | USD | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
26520 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1207955 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-322670 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-3282624 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-2828685 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3282624 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2828685 | USD | |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
USD | ||
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2488761 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3282624 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5317446 | USD | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24582590 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11336984 | shares | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
267818 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
5151 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3014806 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2823534 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | ||
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-386603 | USD | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-31292 | USD | |
CY2015Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
61906 | USD |
CY2014Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-19724 | USD |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.47 | ||
CY2015Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | |
CY2014Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.27 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
24582590 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11336984 | shares | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
28826158 | shares |
CY2014Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
12047838 | shares |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
146428 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
9408584 | USD | |
ctso |
Stock Issued During Period Value Stock Warrants Exercised
StockIssuedDuringPeriodValueStockWarrantsExercised
|
USD | ||
ctso |
Stock Issued During Period Value Stock Cash Warrants Exercised
StockIssuedDuringPeriodValueStockCashWarrantsExercised
|
818250 | USD | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
USD | ||
ctso |
Stock Issued During Period Value Stock Cash Options Exercised
StockIssuedDuringPeriodValueStockCashOptionsExercised
|
249335 | USD | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
USD | ||
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
90100 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
44428 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
45596 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
USD | ||
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
162982 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
146428 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
104858 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-284278 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-122670 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
496208 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
58078 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-416932 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-240348 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
7134 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
4912 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-360356 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
104326 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-833 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-266526 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4559026 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2260801 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
192554 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
54734 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
45402 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
61760 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
2442547 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
USD | ||
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
3686000 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
4745000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1481409 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4861494 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
9408584 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
9751455 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
249335 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
61105 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
818250 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
USD | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
10476169 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
9812560 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-23670 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
5151 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
4412064 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
2695416 | USD | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2183030 | USD |
CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4878446 | USD |
us-gaap |
Interest Paid
InterestPaid
|
USD | ||
us-gaap |
Interest Paid
InterestPaid
|
USD | ||
ctso |
Fair Value Warrant Liability Upon Issuance
FairValueWarrantLiabilityUponIssuance
|
USD | ||
ctso |
Fair Value Warrant Liability Upon Issuance
FairValueWarrantLiabilityUponIssuance
|
862920 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
USD | ||
us-gaap |
Stock Issued1
StockIssued1
|
7137 | USD | |
ctso |
Supplemental Noncash Transactions
SupplementalNoncashTransactions
|
903916 | USD | |
ctso |
Supplemental Noncash Transactions
SupplementalNoncashTransactions
|
748545 | USD | |
us-gaap |
Freight Costs
FreightCosts
|
48000 | USD | |
ctso |
Preferred Dividends Accrued Not Yet Paid
PreferredDividendsAccruedNotYetPaid
|
USD | ||
ctso |
Preferred Dividends Accrued Not Yet Paid
PreferredDividendsAccruedNotYetPaid
|
2488761 | USD | |
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
-284969 | USD | |
us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
USD | ||
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
1185840 | USD | |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
USD | ||
us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <div class="CursorPointer"> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px"><font style="font-size: 10pt"><b>1.</b></font></td> <td style="text-align: justify"><font style="font-size: 10pt"><b>BASIS OF PRESENTATION</b></font></td></tr> </table> </div> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in;"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company's interim financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). In the opinion of management, the Company has made all necessary adjustments, which include normal recurring adjustments necessary for a fair statement of the Company's financial position and results of operations for the interim periods presented. Certain information and disclosures normally included in the annual financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. These interim financial statements should be read in conjunction with the audited financial statements and accompanying notes for the year ended December 31, 2014 included in the Company's Annual Report on Form 10-K. The results for the three months and six months ended June 30, 2015 are not necessarily indicative of the results to be expected for a full year, any other interim periods or any future year or period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The Company believes that it has adequate funding for more than the next twelve months of operations, however, it may have to raise additional capital to fund its future operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">As of June 30, 2015, the Company had an accumulated deficit of $<font>127,676,744</font>, which included net losses of $<font>3,282,624</font> for the six months ended June 30, 2015 and $<font>2,828,685</font> for the six months ended June 30, 2014. <font style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">The Company's losses have resulted principally from costs incurred in the research and development of the Company's polymer technology and selling, general and administrative expenses. The Company intends to continue to conduct significant additional research, development, and clinical study activities which, together with expenses incurred for the establishment of manufacturing arrangements and a marketing and distribution presence and other selling, general and administrative expenses, are expected to result in continuing operating losses for the foreseeable future. The amount of future losses and when, if ever, the Company will achieve profitability are uncertain. The Company's ability to achieve profitability will depend, among other things, on successfully completing the development of the Company's technology and commercial products, obtaining additional requisite regulatory approvals in markets not covered by the CE Mark and for potential label extensions of the Company's current CE Mark, establishing manufacturing and sales and marketing arrangements with third parties, and raising sufficient funds to finance the Company's activities. No assurance can be given that the Company's product development efforts will be successful, that the Company's current CE Mark will enable us to achieve profitability, that additional regulatory approvals in other countries will be obtained, that any of the Company's products will be manufactured at a competitive cost and will be of acceptable quality, or that the Company will be able to achieve profitability or that profitability, if achieved, can be sustained. These matters raise substantial doubt about the Company's ability to continue as a going concern. These consolidated financial statements do not include any adjustments related to the outcome of this uncertainty.</font></p> </div> | ||
CY2014Q4 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
25 | pure |
CY2015Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
290826 | USD |
CY2014Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
142693 | USD |
CY2015Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
692815 | USD |
CY2014Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
326047 | USD |
CY2015Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
76304 | USD |
CY2014Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
68826 | USD |
us-gaap |
Advertising Expense
AdvertisingExpense
|
117000 | USD | |
us-gaap |
Advertising Expense
AdvertisingExpense
|
64000 | USD | |
us-gaap |
Freight Costs
FreightCosts
|
67000 | USD | |
CY2015Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
10312500 | USD |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
9409000 | USD |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><b>Use of Estimates</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in;"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities. Actual results could differ from these estimates. Significant estimates in these financials are the valuation of options granted, the valuation of preferred shares issued as stock dividends and valuation methods used to determine the fair value of the warrant liability.</p> </div> | ||
CY2015Q1 | ctso |
Underwriters Expenses
UnderwritersExpenses
|
85000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
146000 | USD | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><b>Concentration of Credit Risk</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in;"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company maintains cash balances, at times, with financial institutions in excess of amounts insured by the Federal Deposit Insurance Corporation. Management monitors the soundness of these institutions in an effort to minimize its collection risk of these balances.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in;"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">As of June 30, 2015, <font>three</font> distributors accounted for approximately <font>61</font>% of outstanding grant and accounts receivable. At December 31, 2014, <font>three</font> distributors accounted for approximately <font>53</font>% of outstanding grant and accounts receivable. For the six months ended June 30, 2015, approximately <font>12</font>% of revenues was from <font>one</font> <font style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 13.3333330154419px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">U.S. government grant agency</font>. No other agency, distributor, or direct customer represented more than 10% of the Company's revenue. For the six months ended June 30, 2014, approximately <font>12</font>% of revenues were from <font>one</font> U.S. government grant agency, and no other agency, distributor, or direct customer represented more than 10% of the Company's revenue.</p> </div> | ||
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2302187 | shares |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
5.37 | |
CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y1M6D | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><b>Reclassifications</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">Certain reclassifications have been made to the June 30, 2014 financial statements in order to conform to the June 30, 2015 financial statement presentation. There was no change in the reported amount of the accumulated deficit as a result of these reclassifications.</p> </div> | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
626000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
7.98 | ||
ctso |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Granted In Period Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingGrantedInPeriodWeightedAverageRemainingContractualTerm
|
P9Y7M6D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
150779 | shares | |
ctso |
Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledInPeriodWeightedAverageRemainingContractualTerm
|
P8Y9M18D | ||
CY2015Q2 | us-gaap |
Advertising Expense
AdvertisingExpense
|
66000 | USD |
CY2014Q2 | us-gaap |
Advertising Expense
AdvertisingExpense
|
53000 | USD |
CY2015Q2 | us-gaap |
Freight Costs
FreightCosts
|
26000 | USD |
CY2014Q2 | us-gaap |
Freight Costs
FreightCosts
|
25000 | USD |
us-gaap |
Dividends Preferred Stock Stock
DividendsPreferredStockStock
|
2488761 | USD | |
CY2015Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
1250000 | shares |
CY2015Q1 | us-gaap |
Share Price
SharePrice
|
8.25 | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
138034 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.22 | ||
ctso |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercised In Period Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriodWeightedAverageRemainingContractualTerm
|
P3Y10M24D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
shares | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
|||
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2639374 | shares |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.18 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y4M24D | ||
CY2014Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
874530 | shares |
CY2014Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
1.37 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
626000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
3.26 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
|
150779 | shares | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
|
0.06 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
424326 | shares | |
CY2015Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
925425 | shares |
CY2015Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
2.22 | |
CY2015Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
406000 | USD |
CY2015Q2 | ctso |
Share Based Compensation Arrangement By Share Based Payment Award Non Vested Options Vested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonVestedOptionsVestedNumber
|
566000 | shares |
CY2015Q2 | ctso |
Share Based Compensation Arrangement By Sharebased Payment Award Nonvested Options Grant Date Fair Value
ShareBasedCompensationArrangementBySharebasedPaymentAwardNonvestedOptionsGrantDateFairValue
|
1388000 | USD |
CY2015Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
1418145 | shares |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1713949 | shares |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
5.82 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P5Y2M12D | ||
CY2015Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
83000 | USD |
CY2014Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
816000 | shares |
CY2014Q1 | ctso |
Fair Value Warrant Liability Upon Issuance
FairValueWarrantLiabilityUponIssuance
|
862920 | USD |
CY2014Q1 | us-gaap |
Share Price
SharePrice
|
6.00 | |
CY2015Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
736000 | shares |
CY2014Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
816000 | shares |
CY2015Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
4058000 | shares |
dei |
Entity Registrant Name
EntityRegistrantName
|
Cytosorbents Corp | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001175151 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-06-30 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
CY2015Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
25046990 | shares |
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Trading Symbol
TradingSymbol
|
ctso |