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STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
REVENUES:        
Products $ 401,088 $ 212,154 $ 615,831 $ 528,624
Total revenues 401,088 212,154 615,831 528,624
COST OF REVENUES:        
Products 579,728 215,971 974,540 529,952
Total cost of revenues 579,728 215,971 974,540 529,952
GROSS MARGIN (178,640) (3,817) (358,709) (1,328)
OPERATING EXPENSES:        
Research and development costs 0 397,990 0 796,367
Selling, general and administrative 1,233,655 1,120,301 6,108,471 2,221,912
Total operating expenses 1,233,655 1,518,291 6,108,471 3,018,279
OPERATING LOSS (1,412,295) (1,522,108) (6,467,180) (3,019,607)
OTHER INCOME (EXPENSES):        
Rental and other income 0 0 0 200
Interest income 0 6,777 0 13,558
Interest expense - other (2,457) (1,875) (4,676) (2,383)
Interest expense - debt (31,883) (43,066) (92,263) (48,298)
Change in fair value - derivative 811,468 (13,805) (1,422,308) 34,383
Loss on settlement with vendor (13,990) 0 (13,990) 0
Loss on debt conversion 0 0 (351,314) 0
Loss on exchange of warrants (12,959,654) 0 (12,959,654) 0
Settlement gain 0 0 0 10,000
Total other income (expenses) (12,196,516) (51,969) (14,844,205) 7,460
NET LOSS (13,608,811) (1,574,077) (21,311,385) (3,012,147)
Less Preferred Dividends 67,462 0 116,079 0
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (13,676,273) $ (1,574,077) $ (21,427,464) $ (3,012,147)
NET LOSS PER SHARE - BASIC AND DILUTED (in dollars per share) $ (0.34) $ (0.04) $ (0.53) $ (0.08)
Weighted Average Number of Shares Basic and Diluted (in shares) 40,711,778 39,734,854 40,403,873 39,731,697