Acquisition of ReliOn Inc (Tables)

12 Months Ended

Dec. 31, 2014

Acquisition of ReliOn Inc.

Summary of preliminary allocation of the purchase price to the estimated fair value of the net assets acquired

Cash and cash equivalents	$	414,000
Accounts receivable		315,975
Inventory		5,161,223
Prepaid expenses and other assets		88,894
Property and equipment		162,990
Identifiable intangibles		980,000
Accounts payable and accrued expenses		(1,682,782	)
Note payable		(426,044	)
Total Net Assets Acquired	$	5,014,256
Gain on bargain purchase		(1,014,256	)
Acquisition consideration	$	4,000,000

Schedule of unaudited pro forma financial information

	Year ended December 31, 2014			Year ended December 31, 2013
Revenue	$	65,361,494		$	31,190,848
Net loss attributable to the Company		(88,925,977	)		(69,645,886	)
Basic and diluted loss per share	$	(0.56	)	$	(0.90	)