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18. Selected Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information [Text Block]

18. SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)


A summary of selected quarterly financial information is as follows:


    Quarter Ended  
    March 31,     June 30,     September 30,     December 31,  
    2012     2012     2012     2012  
                         
Revenue     317,809       571,749       413,509       1,131,518  
Cost of revenue (1)     495,297       611,649       644,619       1,124,568  
General and administrative (1)     1,388,400       1,176,185       1,001,123       (350,691 )
Sales and marketing (1)     709,937       332,097       439,808       417,239  
Engineering, research and development (1)     776,897       1,103,691       1,211,142       919,262  
Loss from Operations     (3,052,722 )     (2,651,873 )     (2,883,183 )     (978,861 )
Net Loss     (3,380,644 )     (2,338,538 )     (3,059,137 )     (1,042,306 )
Net loss per common share     (0.43 )     (0.30 )     (0.38 )     (0.13 )

    Quarter Ended  
    March 31,     June 30,     September 30,     December 31,  
    2011     2011     2011     2011  
                                 
Revenue     735,366       874,469       865,042       1,102,008  
Cost of revenue     298,390       430,230       592,302       569,459  
General and administrative     1,118,632       1,493,265       1,519,826       1,306,112  
Sales and marketing     344,082       312,267       344,502       359,332  
Engineering, research and development     333,282       342,356       400,647       380,605  
Loss from Operations     (1,359,020 )     (1,703,649 )     (1,992,235 )     (1,513,500 )
Net Loss     (1,935,330 )     (2,210,339 )     (2,329,419 )     (2,578,676 )
Net loss per common share     (0.89 )     (4.21 )     (1.08 )     (1.19 )

(1) Beginning in 2012, the Company began allocating certain employee benefits and overhead costs from General and administrative to Sales and marketing, Engineering, research and development and Cost of revenue in the accompanying consolidated statements of operations. Reclassifications have been made to the quarterly 2012 information to conform to the current presentation.