Annual report pursuant to Section 13 and 15(d)

Segment Information (Tables)

v3.7.0.1
Segment Information (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Schedule of Revenue by Different Product Lines

    The total revenue by different product lines was as follows:

 

    For the ye rs ended  
    December 31,  
Product Line   2016     2015  
MicroParticle Catalyzed Biosensor (“MPC”)   $ 282,516     $ 296,328  
Particle ImmunoFiltrationAssay (“PIFA”)     2,577,148       1,391,017  
Other     97,498       107,149  
Product Revenue Total   $ 2,957,162     $ 1,794,494  
License Fees     3,750       320,556  
Total Revenue   $ 2,960,912     $ 2,115,050  

Schedule of Revenue by Geographic Area Determined Based On the Location of the Customers

    The total revenue by geographic area determined based on the location of the customers was as follows:

 

    For the years ended  
    December 31,  
Geographic Region   2016     2015  
United States   $ 2,330,723     $ 1,579,091  
People’s Republic of China     502,998       37,506  
Rest of World     127,191       498,453  
Total Revenue   $ 2,960,912     $ 2,115,050