XML 16 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
REVENUE    
Equipment Sales $ 2,842,396 $ 1,558,723
Service Revenue 213,091 579,940
Other Revenue 16,125 47,080
TOTAL REVENUE 3,071,612 2,185,743
COST OF REVENUE 2,390,044 1,612,213
GROSS PROFIT 681,568 573,530
OPERATING EXPENSES    
General & Administrative 4,018,528 5,533,214
Total Operating Expenses 4,018,528 5,533,214
LOSS FROM OPERATIONS (3,336,960) (4,959,684)
OTHER INCOME (EXPENSE)    
Foreign Currency Gain 14,046 14,160
Gain on Derivatives and Debt Conversion 58,857 $ 100,598
Gain (Loss) on Disposal of Assets (131,692)
Interest Income 20,444 $ 15,839
Interest Expense $ (397,137) (478,585)
Loss of Debt Conversion (333,675)
Total Other Income (Expense) $ (435,482) (681,663)
LOSS BEFORE INCOME TAXES (3,772,442) (5,641,347)
BENEFIT (PROVISION) FOR INCOME TAXES (12,572) (15,826)
NET LOSS $ (3,785,014) $ (5,657,173)
BASIC AND DILUTED LOSS PER SHARE $ (0.14) $ (0.21)
WEIGHTED AVERAGE SHARES 27,568,989 27,054,450