XML 31 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2010
Dec. 31, 2011
Sep. 30, 2010
Revenue   $ 3,885,020 $ 1,560,633
Costs sales   3,772,084 1,504,095
Gross margin   112,936 56,538
Operating expenses:      
Research and development 43,066 533,403 242,605
Marketing and sales 71,086 509,948 358,402
General and administrative 1,925,595 5,669,352 5,620,137
Depreciation and amortization 74,194 114,194 268,006
Total operating costs and expenses 2,113,941 6,826,897 6,489,150
Loss from operations (2,113,941) (6,713,961) (6,432,612)
Other expenses:      
Interest expense 27,052 156,645 107,276
Amortization of debt discounts 133,786 1,196,591 564,365
Gain from change in fair value of derivative liability   (5,392)  
Total other expenses 160,838 1,347,844 671,641
Loss before provision for income taxes (2,274,779) (8,061,805) (7,104,253)
Provision for income taxes         
Net loss (2,274,779) (8,061,805) (7,104,253)
Accretion of preferred dividends and beneficial conversion feature   (624,833)  
Net loss attributable to common shareholders $ (2,274,779) $ (8,686,638) $ (7,104,253)
Weighted average common shares - basic and diluted 23,042,108 24,352,072 20,752,217
Basic and diluted net loss per share $ (0.10) $ (0.36) $ (0.34)