XML 13 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net revenues        
Net revenues $ 436,151 $ 445,295 $ 645,657 $ 764,211
Net revenues - related parties 161,043 212,770 314,437 358,037
Total net revenues 597,194 658,065 960,094 1,122,248
Cost of net revenues        
Cost of net revenues 383,298 474,659 713,759 853,546
Royalties expense - related parties 14,728 18,122 23,849 30,962
Total cost of net revenues 398,026 492,781 737,608 884,508
Gross profit 199,168 165,284 222,486 237,740
Operating expenses        
Selling, general and administrative 391,963 351,645 601,013 609,808
Research and development costs 16,326 17,086 36,906 32,646
Total operating expenses 408,289 368,731 637,919 642,454
Loss from operations (209,121) (203,447) (415,433) (404,714)
Other expense, net        
Other (income) expense, net (3,379) (6,031) (6,507) (4,898)
Interest expense 150,944 18,826 237,274 39,168
Interest expense - related parties 2,085,996 102,771 2,089,810 16,526
Total other expense, net 2,233,561 115,566 2,320,577 50,796
Net loss before provision for income taxes (2,442,682) (319,013) (2,736,010) (455,510)
Provision for income tax expense (benefit ) 16,981 (27,273) (2,943) (95,616)
Net loss $ (2,459,663) $ (291,740) $ (2,733,067) $ (359,894)
Basic loss per common share (in dollars per share) $ (0.19) $ (0.12) $ (0.21) $ (0.17)
Diluted loss per common share (in dollars per share) $ (0.19) $ (0.12) $ (0.21) $ (0.17)
Basic weighted average common shares outstanding (in shares) 13,010,738 2,421,294 12,969,277 2,119,288
Diluted weighted average common shares outstanding (in shares) 13,010,738 2,421,294 12,960,277 2,119,288