Balance SheetGREAT BASIN SCIENTIFIC, INC.September 30, 2015December 1, 2014AssetsCurrent assets:Cash$7,303,711$2,017,823Accounts receivable, net345,444267,485Inventory1,033,966457,094Prepaid and other current assets574,048376,778Total current assets9,257,1693,119,180Intangible assets, net143,072216,580Property and equipment, net7,486,3844,237,467Total assets$16,886,625$7,573,227Liabilities and Stockholders’ DeficitCurrent liabilities:Accounts payable$2,107,777$1,369,169Accrued expenses1,164,634612,359Current portion of notes payable18,73249,994Notes payable—related party, net of discount500,000441,667Current portion of capital lease obligations1,229,566947,422Total current liabilities5,020,7093,420,611Notes payable, net of current portion— 5,693Capital lease obligations, net of current portion1,207,0632,156,837Derivative liability29,938,9379,998,636Total liabilities36,166,70915,581,777Commitments and contingenciesStockholders’ deficit:Preferred stock, $.001 par value, 5,000,000 shares authorized; 104,386 and 0 shares issued and outstanding, respectively104— Common stock, $.0001 par value: 200,000,000 shares authorized; 3,178,041 and 84,777 shares issued and outstanding, respectively3188Additional paid-in capital83,680,77255,996,138Accumulated deficit(102,961,278)(64,004,696)Total stockholders’ deficit(19,280,084(8,008,550)Total liabilities and stockholders’ deficit$16,886,625$7,573,227 Income StatementThree Months EndedNine Months EndedSeptember 30,September 30,2,0152,0142,0152,014Revenues$545,934$409,390$1,530,170$1,160,971Cost of sales1,102,727942,3343,369,2682,761,153Gross loss(556,793)(532,944)(1,839,098)(1,600,182)Operating expenses:Research and development2,878,3161,424,8776,284,1703,265,149Selling and marketing1,481,140479,4993,206,9571,646,782General and administrative1,795,766597,7954,132,9732,004,080(Gain) loss on sale of assets— — — (8,166)Total operating expenses6,155,2222,502,17113,624,1006,907,845Loss from operations(6,712,015)(3,035,115)(15,463,198)(8,508,027)Other income (expense):Interest expense(253,220)(314,450)(868,587)(819,235)Interest income4,74661918,0782,057Change in fair value of derivative liability20,016,848(13,900,400)(22,641,625)(13,900,400)Total other income (expense)19,768,374(14,214,231)(23,492,134)(14,717,578)Income (loss) before provision for income taxes13,056,359(17,249,346)(38,955,332)(23,225,605)Provision for income taxes— 822(1,250)(5,297)Net income (loss)13,056,359(17,248,524)(38,956,582)(23,230,902)Net income (loss) per common share—basic$21$(7,052)$(142)$(11,057)Net income (loss) per common share—diluted$16$(7,052)$(142)$(11,057)Weighted average common shares—basic625,7142,446274,2952,101Weighted average common shares—diluted752,2722,446274,2952,101 Statement of CashflowsSeptember 30, 2015December 1, 2014Cash flows from operating activities:Net loss$(38,956,582)$(23,230,902)Adjustments to reconcile net loss to net cash used in operating activities:Depreciation and amortization1,130,826855,484Cha ...