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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenue $ 3,148,257 $ 2,029,318 $ 5,879,657 $ 3,300,818
Performance bonuses     4,986,568  
Total revenue 3,148,257 2,029,318 10,866,225 3,300,818
Costs of goods sold 1,456,029 1,439,313 2,390,281 2,223,707
Gross profit 1,692,228 590,005 8,475,944 1,077,111
Sales, general and administrative expenses 1,182,525 1,477,937 2,184,433 3,511,580
Total operating expenses 1,182,525 1,477,937 2,184,433 3,511,580
Income (loss) from operations 509,703 (887,932) 6,291,511 (2,434,469)
Gain (loss) on extinguishment of debt 17,733   5,908,693  
Gain (loss) on sale of asset     (222,199)  
Liquidated damages     (650,000)  
Amortization of debt discount & deferred financing (8,334) (8,333) (16,667) (21,733)
Interest income 19,729 17,949 37,673 35,704
Miscellaneous income 2,500 120,591 2,500 120,951
Change in conversion liabilities (67,977) (489,168) 500,768 (692,180)
Change in conversion liabilities - related party (2,378) 143,493 11,502 (91,606)
Interest expense (519,640) (184,135) (1,518,795) (441,610)
Interest expense – related party (278,541) (719,928) (538,527) (1,417,731)
Total other income (expense), net (836,908) (1,119,531) 3,514,948 (2,508,565)
Income (loss) before provision for income taxes (327,205) (2,007,463) 9,806,459 (4,943,034)
(Provision for)/benefit from income taxes        
Income (loss) from continuing operations (327,205) (2,007,463) 9,806,459 (4,943,014)
Gain (loss) from disposal of discontinued operations        
Income (loss) from discontinued operations   (152,066)   (149,328)
Total income (loss) from discontinued operations   (152,066)   (149,328)
Net income (loss) $ (327,205) $ (2,159,529) $ 9,806,459 $ (5,092,362)
Weighted average common shares outstanding, basic 13,785,900,459 1,356,359,504 14,391,478,330 1,068,225,872
Weighted average common shares outstanding, diluted 13,785,900,459 1,356,359,504 535,261,841,581 1,068,225,872
Income (loss) from continuing operations - EPS        
Income (loss) from discontinued operations - EPS        
Net income (loss) per share – basic and diluted