XML 33 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Income Statement [Abstract]        
Net Sales $ 2,997,326 $ 2,519,721 $ 6,150,933 $ 4,804,273
Cost of Sales 1,515,608 1,404,192 3,220,255 2,702,335
Gross Profit 1,481,718 1,115,529 2,930,678 2,101,938
Operating Expenses:        
Selling, general and administrative expenses 2,824,358 2,116,736 5,508,836 4,070,434
Loss from Operations (1,342,640) (1,001,207) (2,578,158) (1,968,496)
Other Income (Expense):        
Other income 1,210 1,635 3,758 2,797
Interest expense (261,240) (100,522) (578,582) (205,674)
Total Other Expense (260,030) (98,887) (574,824) (202,877)
Net Loss (1,602,670) (1,100,094) (3,152,982) (2,171,373)
Series B convertible contractual dividends (65,271) (61,000) (130,542) (122,000)
Series C redeemable deemed dividends (92,916)    (185,832)   
Loss Attributable to Common Stockholders $ (1,760,857) $ (1,161,094) $ (3,469,356) $ (2,293,373)
Per Share Data:        
Net loss per common share - basic and diluted $ (0.15) $ (0.10) $ (0.31) $ (0.21)
Contractual dividends $ (0.01) $ (0.01) $ (0.01) $ (0.01)
Deemed dividends $ (0.01)    $ (0.02)   
Net loss attributable to common stockholders per share - basic and diluted $ (0.17) $ (0.11) $ (0.34) $ (0.22)
Weighted Average Number of Common Shares Outstanding - basic and diluted 10,378,713 10,597,125 10,229,003 10,542,390