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CONDENSED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue $ 397,254 $ 107,835 $ 785,767 $ 386,418
Cost of goods sold 134,726 26,181 264,174 135,120
Gross Margin 262,528 81,654 521,593 251,298
General and administrative expense 737,519 3,195,589 3,247,024 5,906,805
Operations expense 183,154 354,027 740,012 763,422
Sales and marketing expense 325,141 164,712 849,364 357,274
Interest expense 131,935 407,516 164,962 629,722
Gain on valuation of equity-linked financial instruments 0 (65,287) (11,599) (153,960)
Total expense 1,377,749 4,056,557 4,989,763 7,503,263
Net income (loss) available to common shareholders $ (1,115,221) $ (3,974,903) $ (4,468,170) $ (7,251,965)
Loss per common share basic and diluted (in dollars per share) $ (0.37) $ (2.18) $ (1.51) $ (4.30)
Weighted average shares used in computation, basic and diluted (in shares) 2,984,335 1,821,006 2,967,483 1,687,625