XML 39 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Consolidated Statements of Operations [Abstract]    
Net revenue $ 14,110,797 $ 15,871,845
Cost of revenue 5,315,318 5,834,368
Gross profit 8,795,479 10,037,477
Operating expenses:    
Selling, general and administrative 6,385,898 5,825,035
Research and development 3,067,808 3,201,559
Depreciation and amortization 510,828 649,818
Total operating expenses 9,964,534 9,676,412
Operating income (loss) (1,169,055) 361,065
Other income (expense):    
Interest expense (including $82,966 and $116,441 to related parties) (227,034) (185,741)
Interest income 2,403 988
Other 523 5,505
Total other expense, net (224,108) (179,248)
Income tax benefit   5,000
Income (loss) from continuing operations (1,393,163) 186,817
Net loss from discontinued operations (1,628,258) (737,814)
NET LOSS (3,021,421) (550,997)
Preferred stock dividends (282,444) (820,000)
Preferred stock redemption 5,586,666  
Net income (loss) applicable to common stockholders $ 2,282,801 $ (1,370,997)
Net income (loss) per common share (basic and diluted):    
Continuing operations $ 0.08 $ (0.02)
Discontinued operations $ (0.03) $ (0.02)
Net income (loss) $ 0.05 $ (0.04)
Weighted average number of common shares outstanding    
Basic and Diluted 50,080,639 36,046,372