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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Sales of Products $ 511,861 $ 590,686 $ 1,120,521 $ 1,504,627
Sales of Engineering Services 188,334 60,000 318,857 256,100
Total Sales 700,195 650,686 1,439,378 1,760,727
Cost of Sales - Products 315,280 446,080 597,291 1,120,106
Cost of Sales - Engineering Services 91,342 25,508 146,716 102,440
Total Cost of Sales 406,622 471,588 744,007 1,222,546
Gross Profit 293,573 179,098 695,371 538,181
Operating Expenses:        
Research and Development 421,026 221,851 738,721 469,188
Selling and Marketing 287,741 285,796 562,484 622,976
General and Administrative 602,065 556,028 1,018,753 1,136,097
Depreciation and Amortization 90,612 122,452 188,960 267,548
(Loss) from Operations (1,107,871) (1,007,029) (1,813,547) (1,957,628)
Other Income (Expense)        
Interest and Other (Expense) Income 0 232 0 279
Foreign Exchange Gain (Loss) 3,324 3,200 (9,745) (1,742)
Loss on Derivative Valuation (280,261) 0 (294,548) 0
Amortization of Senior Term Debt Discount (Note 10) (37,292) (6,327) (47,019) (12,651)
Interest Expenses (231,395) (151,485) (411,238) (240,257)
Total Other Income (Expense) (545,624) (154,380) (762,550) (254,371)
(Loss) from Continuing Operations Before Provision for Income Taxes (1,653,495) (1,161,409) (2,576,097) (2,211,999)
Provision (Benefit) for Income Taxes 3,241 5,967 16,937 22,969
(Loss) from Continuing Operations (1,656,736) (1,167,376) (2,593,034) (2,234,968)
Income from Discontinued Operations (Note 16) 0 (970,689) 0 (747,580)
Gain on Disposal of Discontinued Operations (Note 3) 0 5,902,663 0 5,902,663
Net Income (Loss) $ (1,656,736) $ 3,764,598 $ (2,593,034) $ 2,920,115
Earnings (Loss) per Share from Continuing Operations        
Basic and Diluted $ (0.47) $ (0.33) $ (0.73) $ (0.63)
Earnings (Loss) per Share        
Basic $ (0.47) $ 1.06 $ (0.73) $ 0.83
Diluted $ (0.47) $ 1.02 $ (0.73) $ 0.79
Weighted-average Shares Outstanding        
Basic 3,536,856 3,536,856 3,536,856 3,536,856
Diluted 0 3,677,064 0 3,677,064