XML 12 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues, net $ 9,965,878 $ 12,452,120 $ 20,495,003 $ 23,615,176
Cost of sales (including amortization and depreciation of $171,161, $243,277, $354,801, and $469,562,respectively) 7,261,227 9,521,361 15,950,697 18,160,582
Gross profit 2,704,651 2,930,759 4,544,306 5,454,594
Sales and marketing 385,100 487,996 815,283 831,003
General and administrative (including shared-based compensation expense of $11,747, $27,565, $39,937, and $56,745 respectively) 1,877,145 1,882,721 3,743,951 3,714,532
Depreciation expense 58,777 48,743 106,371 98,477
Income/(loss) from operations 383,629 511,299 (121,299) 810,582
Interest income 2,481 2,231 6,673 8,845
Interest expense (19,304) (22,793) (39,859) (50,170)
Other expense 0 0 1,143 0
Net income/(loss) before income tax expense 366,806 490,737 (153,342) 769,257
Income tax expense/(benefit) 152,375 78,055 (50,413) 117,257
Net income/(loss) $ 214,431 $ 412,682 $ (102,929) $ 651,980
Basic earnings/(loss) per share (in dollars per share) $ 0 $ 0.01 $ 0 $ 0.01
Basic weighted average shares outstanding (in shares) 62,916,422 61,375,333 62,857,309 61,375,333
Diluted earnings/(loss) per share (in dollars per share) $ 0 $ 0.01 $ 0 $ 0.01
Diluted weighted average shares outstanding (in shares) 64,142,707 63,299,155 62,857,309 63,163,824