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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenue $ 3,194,686 $ 3,373,737 $ 6,461,437 $ 7,114,794
Cost of Revenue 1,994,506 1,981,885 4,095,874 4,549,436
Gross Profit 1,200,180 1,391,852 2,365,563 2,565,358
Operating expenses:        
Selling, general and administrative 1,563,005 1,090,745 2,690,087 2,288,822
Research and development 167,969 144,799 320,230 300,330
Impairment Loss - Note 1 1,575,000   1,575,000  
Amortization expense and depreciation expense 104,728 172,136 209,455 281,272
Total operating expenses 3,410,702 1,407,680 4,794,772 2,870,424
Loss from operations (2,210,522) (15,828) (2,429,209) (305,066)
Other income (expense):        
Derivative expense 254,708 (13,726) (18,209) (109,673)
Extinguishment ( loss)       (130,055)
Other income        
Interest expense (98,689) (94,069) (237,118) (175,840)
Total other income 156,019 (107,795) (255,327) (415,568)
Non-controlling interest 3,147 3,147 6,294 6,294
Loss before taxes (2,051,356) (120,476) (2,678,242) (714,340)
Income taxes (benefit) (85,504) (61,440) (171,008) (122,880)
Net loss (1,965,852) (59,036) (2,507,234) (591,459)
Reconciliation of net loss to loss applicable to common shareholders:        
Net loss (1,965,852) (59,036) (2,507,234) (591,459)
Preferred stock dividends (6,277) (6,277) (12,554) (12,554)
Loss applicable to common stockholders $ (1,972,129) $ (65,313) $ (2,519,788) $ (604,014)
Loss per common share        
Basic (in dollars per share) $ (0.08) $ 0.00 $ (0.10) $ (0.03)
Diluted (in dollars per share) $ (0.08) $ 0.00 $ (0.10) $ (0.03)
Weighted average shares:        
Basic (in dollars) 25,459,225 22,639,450 24,211,686 21,631,755
Diluted (in dollars) 25,459,225 22,639,450 24,211,686 21,631,755