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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues$ 7,254,405$ 6,873,268$ 21,183,708$ 21,819,576
Cost of revenues3,003,1873,070,3918,865,0169,266,342
Gross profit4,251,2183,802,87712,318,69212,553,234
Operating expenses    
Selling and marketing1,749,6761,838,7025,225,0815,221,806
General and administrative2,088,6081,957,6685,828,8055,810,206
Research, development and engineering480,090636,8001,423,2262,070,512
Depreciation160,227153,152472,111443,704
Amortization of purchased intangibles550,000550,0001,650,0001,650,000
Total operating expenses5,028,6015,136,32214,599,22315,196,228
Operating loss(777,383)(1,333,445)(2,280,531)(2,642,994)
Other income (expense)    
Interest income17260214523
Interest expense(721,676)(895,908)(2,485,604)(2,472,069)
Gain/(Loss) on debt extinguishment 16,510,854 16,510,854
Change in fair market value of derivative liabilities   790,648
Total other income (expense)(721,659)15,615,206(2,485,390)14,829,956
Income (loss) from continuing operations before taxes(1,499,042)14,281,761(4,765,921)12,186,962
Income tax expense (37,500) (37,500)
Income (loss) from continuing operations(1,499,042)14,244,261(4,765,921)12,149,462
Loss from discontinued operations   (269,733)
Net income (loss)$ (1,499,042)$ 14,244,261$ (4,765,921)$ 11,879,729
Net income (loss) per share – basic and diluted    
Continuing operations (in Dollars per share)$ (0.31)$ 3.71$ (1.01)$ 7.74
Discontinued operations (in Dollars per share)   $ (0.17)
Net income (loss) per share(1) (in Dollars per share)$ (0.31)$ 3.71[1]$ (1.01)$ 7.57[1]
Weighted average shares outstanding – basic and diluted(1) (in Shares)4,820,0983,835,833[1]4,723,3111,569,350[1]
[1]Prior year disclosures adjusted for the impact of the 1 for 75 reverse stock split as discussed in Note 2.