XML 59 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Net revenues    
Net revenues $ 423,282 $ 446,060
Net revenues - related parties 165,381 162,066
Total net revenues 588,663 608,126
Cost of net revenues    
Cost of net revenues 458,255 457,580
Royalties expense - related parties 14,283 14,966
Total cost of net revenues 472,538 472,546
Gross profit 116,125 135,580
Operating expenses    
Selling, general and administrative 561,674 438,071
Research and development costs 15,599 1,877
Total operating expenses 577,273 439,948
Loss from operations (461,148) (304,368)
Other expense, net    
Other expense, net 91,779 4,808
Change in derivative liability 565,689 0
Interest expense 68,850 116,775
Interest expense - related parties 657 2,134
Total other expense, net 726,975 123,717
Net loss before provision for income taxes (1,188,123) (428,085)
Provision for income tax expense 3,783 13,116
Net loss $ (1,191,906) $ (441,201)
Basic lossper common share (in dollars per share) $ 0.00 $ (0.01)
Diluted loss per common share (in dollars per share) $ 0.00 $ (0.01)
Basic weighted average common shares outstanding (in shares) 1,271,681,196 57,572,639
Diluted weighted average common shares outstanding (in shares) 1,271,681,196 57,572,639