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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUE, NET$ 171$ 392,449$ 353,281$ 819,688
COST OF SALES27,008243,065218,489459,250
GROSS (LOSS) PROFIT(26,837)149,384134,792360,438
OPERATING EXPENSES    
Salary expense and salary related costs108,707153,067221,447372,245
Research and development1084795,53717,142
Selling, general and administrative64,37887,483154,878227,010
Total operating expenses173,193241,029381,862616,397
Loss from operations(200,030)(91,645)(247,070)(255,959)
OTHER INCOME (EXPENSE)    
Interest income4254
Change in fair value of conversion option and warrant liabilities(1,869,994)(2,786,132)(3,710,618)(1,157,088)
Amortization of discount on convertible debt(24,494)(590,473)(184,082)(1,638,372)
Interest expense(266,913)(251,911)(534,503)(502,102)
Loss on sale of property and equipment00(1,697)0
Miscellaneous income525,06586,619525,06586,619
Total other expense(1,636,332)(3,541,895)(3,905,830)(3,210,939)
Loss before income taxes(1,836,362)(3,633,540)(4,152,900)(3,466,898)
Income tax benefit0000
NET LOSS$ (1,836,362)$ (3,633,540)$ (4,152,900)$ (3,466,898)
Loss per share - basic and diluted (in dollars per share)$ (0.02)$ (0.04)$ (0.05)$ (0.04)
Weighted average number of shares outstanding - basic and diluted (in shares)88,080,97985,922,74488,080,97985,922,744