The Company continues to pursue additional contracts in advance of the completion of the Firefly Dx development and commercial launch.
Research and development expense increased by approximately $453,000, or 526%, for the six months ended June 30, 2015 compared to the six months ended June 30, 2014. The increase was primarily attributable to the increase in labor, and engineering costs related to the development of Firefly Dx product.
. The use of proceeds from this financing are intended for the completion of the breadboard prototype of the Company's Firefly Dx cartridge
