XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES:        
Products $ 382,126 $ 323,890 $ 745,957 $ 642,273
Total revenues 382,126 323,890 745,957 642,273
COST OF REVENUES:        
Products 597,292 524,621 1,266,765 1,265,045
Total cost of revenues 597,292 524,621 1,266,765 1,265,045
GROSS MARGIN (215,166) (200,731) (520,808) (622,772)
OPERATING EXPENSES:        
Selling, general and administrative 1,624,701 1,007,192 3,458,151 1,943,467
Total operating expenses 1,624,701 1,007,192 3,458,151 1,943,467
OPERATING LOSS (1,839,867) (1,207,923) (3,978,959) (2,566,239)
OTHER INCOME (EXPENSES):        
Rental and other income 0 2,225 0 4,225
Interest income 6,857 6,505 13,695 9,236
Interest expense - other 0 (39) (39) (107)
Interest expense - note payable 0 (18,418) 0 (58,181)
Change in fair value - derivative 4,915,237 740,848 497,187 (2,887,993)
Expense for modification of warrants 0 0 (4,789,801) 0
Settlement loss 0 0 0 (13,967)
Total other income (expenses) 4,922,094 731,121 (4,278,958) (2,946,787)
NET INCOME (LOSS) 3,082,227 (476,802) (8,257,917) (5,513,026)
Less Preferred Dividends 0 160,798 56,144 321,643
Accretion of Discount on Preferred Stock 0 1,126,523 0 2,163,150
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 3,082,227 $ (1,764,123) $ (8,314,061) $ (7,997,819)
NET INCOME (LOSS) PER SHARE - BASIC $ 0.10 $ (0.10) $ (0.28) $ (0.49)
NET INCOME PER SHARE - DILUTED $ 0.08 $ (0.10) $ (0.28) $ (0.49)
Weighted Average Number of Shares Basic (in shares) 32,208,939 16,856,764 29,551,265 16,214,504
Weighted Average Number of Shares Diluted 37,720,441 16,856,764 29,551,265 16,214,504