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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenue:        
Product revenue (net of returns and discounts) $ 2,195,416 $ 2,469,594 $ 4,640,823 $ 4,154,724
Royalty revenue 30,086 33,575 60,666 60,074
Other revenues 17,985 78,491 41,713 104,123
Total revenue 2,243,487 2,581,660 4,743,202 4,318,921
Cost of sales 881,571 821,990 1,832,599 1,460,016
Gross profit 1,361,916 1,759,670 2,910,603 2,858,905
Operating expenses:        
Selling and marketing 436,007 874,802 909,686 1,139,332
Salaries and labor related expenses 547,137 450,516 1,027,674 815,263
Administration 365,725 100,961 645,520 196,743
Depreciation and amortization 17,916 38,616 35,745 61,846
Total operating expenses 1,366,785 1,464,895 2,618,625 2,213,184
Income (loss) from operations (4,869) 294,775 291,978 645,721
Gain on sale of product lines 0 0 499,525 0
Other income (expense) 15,387 0 16,028 433
Financing expense (237,523) (26,413) (288,126) (34,847)
Interest expense (167,267) (19,427) (246,077) (38,535)
Income (loss) before income taxes (394,272) 248,935 273,328 572,772
Income tax benefit (expense) 142,434 274,131 (112,300) 271,481
Net income (loss) $ (251,838) $ 523,066 $ 161,028 $ 844,253
Net income (loss) per common share (basic and diluted) $ (0.02) $ 0.04 $ 0.01 $ 0.07
Weighted average shares outstanding - Basic 12,622,756 12,622,756 12,622,756 12,622,756