XML 26 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2011
Revenues:      
License and transaction fees $ 30,044,429 $ 23,370,754 $ 16,442,485
Equipment sales 5,895,815 5,646,489 6,426,304
Total revenues 35,940,244 29,017,243 22,868,789
Cost of services 18,219,945 15,312,966 11,651,138
Cost of equipment 3,623,686 3,743,226 3,468,993
Gross profit 14,096,613 9,961,051 7,748,658
Operating expenses:      
Selling, general and administrative 12,068,566 15,460,668 11,430,610
Depreciation and amortization 1,314,122 1,500,775 1,424,365
Impairment of intangible asset     581,900
Total operating expenses 13,382,688 16,961,443 13,436,875
Operating income (loss) 713,925 (7,000,392) (5,688,217)
Other income (expense):      
Interest income 57,121 72,059 82,234
Interest expense (157,205) (83,993) (35,953)
Change in fair value of warrant liabilities 267,928 1,813,687 (815,131)
Total other income (expense), net 167,844 1,801,753 (768,850)
Income (loss) before provision for income taxes 881,769 (5,198,639) (6,457,067)
Provision for income taxes (27,646) (12,599)  
Net income (loss) 854,123 (5,211,238) (6,457,067)
Cumulative preferred dividends (664,452) (664,452) (665,577)
Net income (loss) applicable to common shares $ 189,671 $ (5,875,690) $ (7,122,644)
Net earnings (loss) per common share - basic (in dollars per share) $ 0.01 $ (0.18) $ (0.26)
Weighted average number of common shares outstanding (in shares) 32,787,673 32,423,987 27,665,345
Net earnings (loss) per common share - diluted (in dollars per share) $ 0.01 $ (0.18) $ (0.26)
Diluted weighted average number of common shares outstanding (in shares) 33,413,346 32,423,987 27,665,345