XML 46 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenue    
Product sales $ 221,080   
Cost of product sales 70,218 19,348
Gross profit from product sales 150,862 (19,348)
Other Revenue    
Retained royalties 2,604 13,376
Other income 3,821 48,679
Total other revenue 6,425 62,055
Expenses    
Selling expenses 71,994 68,175
Personnel and consulting expenses 395,023 341,007
General and administrative expenses 193,721 400,759
Interest expense 104,786 32,767
Loss on settlement of note and warrant 132,301   
Unrealized gain on derivative instruments (14,232) (18,167)
Total Expenses 883,593 824,541
Loss before income taxes (726,306) (781,834)
Provision (benefit) for income taxes      
Net loss $ (726,306) $ (781,834)
Basic loss per share $ (0.04) $ (0.05)
Basic weighted average number of common shares outstanding 20,036,240 15,588,693
Diluted loss per share $ (0.04) $ (0.05)
Diluted weighted average number of common shares outstanding: 20,036,240 15,588,693