XML 28 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES:        
Total revenues $ 194,783 $ 60,753 $ 382,728 $ 125,208
COST OF REVENUES 124,682 127,347 260,269 275,227
GROSS PROFIT (LOSS) 70,101 (66,594) 122,459 (150,019)
OPERATING EXPENSES:        
Sales and marketing 235,627 265,141 455,784 552,453
Research and development 261,737 222,386 530,614 390,216
General and administrative 347,402 346,528 682,569 764,509
Impairment of Long Lived Assets, Net 16,296 38,936 16,296 38,936
Gain on Legal Settlements 0 (5,235) 0 (5,235)
Total operating expenses 861,062 867,756 1,685,263 1,740,879
LOSS FROM OPERATIONS (790,961) (934,350) (1,562,804) (1,890,898)
OTHER INCOME (EXPENSE):        
Other Income 633 0 1,889 0
Interest expense, net (1,095,243) (509,360) (1,921,685) (981,698)
Gain on Reversal of a Liability 169,861 0 169,861 0
Gain (Loss) On Debt Extinguishment 50,129 (21,793,055) 50,129 (21,793,055)
Total other expense (874,620) (22,302,415) (1,699,806) (22,774,753)
LOSS FROM CONTINUING OPERATIONS (1,665,581) (23,236,765) (3,262,610) (24,665,651)
Income (loss) from discontinued operations 0 (919) 0 163
Impairment of Assets of Discontinued Operations 0 (14,654) 0 (14,654)
NET LOSS $ (1,665,581) $ (23,252,338) $ (3,262,610) $ (24,680,142)
NET LOSS PER COMMON SHARE:        
Basic and fully diluted from continuing operations $ (0.08) $ (1.27) $ (0.16) $ (1.34)
Basic and fully diluted from discontinued operations $ 0 $ 0 $ 0 $ 0
WEIGHTED-AVERAGE NUMBER OF SHARES USED IN COMPUTING NET LOSS PER COMMON SHARE:        
Basic and fully diluted 19,827,542 18,352,542 19,827,542 18,352,542