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STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES:        
Products $ 323,890 $ 207,560 $ 642,273 $ 454,926
Total revenues 323,890 207,560 642,273 454,926
COST OF REVENUES:        
Products 524,621 609,038 1,265,045 1,254,696
Total cost of revenues 524,621 609,038 1,265,045 1,254,696
GROSS MARGIN (200,731) (401,478) (622,772) (799,770)
OPERATING EXPENSES:        
Selling, general and administrative 1,007,192 1,662,144 1,943,467 3,455,885
Total operating expenses 1,007,192 1,662,144 1,943,467 3,455,885
OPERATING LOSS (1,207,923) (2,063,622) (2,566,239) (4,255,655)
OTHER INCOME (EXPENSES):        
Rental and other income 2,225 2,859 4,225 3,075
Interest income 6,505 2,074 9,236 3,418
Interest expense - Other (39) 0 (107) 0
Interest expense - Note Payable (18,418) (229,248) (58,181) (2,055,910)
Gain on Liquidating Damages 0 74,850 0 74,850
Change in Fair Value - Derivative 740,848 2,801,919 (2,887,993) 965,154
Loss on Derivative Settlement 0 0 0 (411,192)
Settlement (loss) gain 0 447 (13,967) (12,013)
Total other income (expenses) 731,121 2,652,901 (2,946,787) (1,432,618)
PROFIT/(LOSS) FROM CONTINUING OPERATIONS (476,802) 589,279 (5,513,026) (5,688,273)
NET PROFIT/(LOSS) (476,802) 589,279 (5,513,026) (5,688,273)
Less Preferred Dividends Payable 160,798 104,945 321,643 267,917
Accretion of Discount of Preferred Stock 1,126,523 744,610 2,163,150 1,200,984
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (1,764,123) $ (260,276) $ (7,997,819) $ (7,157,174)
NET LOSS PER SHARE - BASIC AND DILUTED (in dollars per share) $ (0.1) $ (0.02) $ (0.49) $ (0.67)
Weighted Average Number of Shares Basic and Diluted (in shares) 16,856,764 13,082,249 16,214,504 10,711,310