XML 15 R3.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jul. 31, 2010
Jun. 30, 2011
Jul. 31, 2010
Product sales $ 311,220 $ 1,048,000 $ 2,138,276 $ 1,565,675
Cost of product sales 122,120 398,138 978,874 506,576
Gross profit from product sales 189,100 649,862 1,159,402 1,059,099
Gain on the Sale of Rental Assets     34,728  
Retained royalties 5,427 17,415 15,922 30,702
Investment income   10   25
Other income 10,229 800 21,139 800
Total other revenue 15,655 18,225 71,789 31,527
Selling expenses 96,417 103,254 197,094 230,469
Personnel and consulting expenses 406,390 532,870 773,510 994,148
General and administrative expenses 996,844 498,513 1,513,482 1,070,186
Interest expense 10,374 1,695 19,990 3,533
Unrealized loss on derivative instrument 29,559   32,510  
Total Expenses 1,539,584 1,136,332 2,536,586 2,298,336
Income (loss) before income taxes (1,334,829) (468,245) (1,305,395) (1,207,710)
Net income (loss) $ (1,334,829) $ (468,245) $ (1,305,395) $ (1,207,710)
Basic income (loss) per share $ (0.10) $ (0.04) $ (0.09) $ (0.11)
Basic weighted average number of common shares outstanding: 13,747,028 11,867,328 13,862,274 11,468,700
Diluted income (loss) per share $ (0.10) $ (0.04) $ (0.09) $ (0.11)
Diluted weighted average number of common shares outstanding: 13,747,028 11,867,328 13,862,274 11,468,700