XML 36 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Condensed Consolidated Statements Of Operations        
Net sales $ 1,462,454 $ 2,674,761 $ 3,179,418 $ 5,084,677
Cost of sales 590,894 1,339,120 1,322,302 2,574,276
Gross profit 871,560 1,335,641 1,857,116 2,510,401
Operating expenses:        
Selling, general and administrative expenses 1,150,985 1,546,446 2,368,646 3,935,549
Loss from operations (279,425) (210,805) (511,530) (1,425,148)
Other income (expense):        
Loss on extinguishment of debt          (2,792,900)
Interest expense (85,617) (58,182) (159,153) (129,305)
Total other expense (85,617) (58,182) (159,153) (2,922,205)
Net loss (365,042) (268,987) (670,683) (4,347,353)
Series B convertible contractual dividends (74,729) (69,840) (149,459) (139,680)
Series B convertible deemed dividends          (1,532,722)
Loss attributable to common stockholders $ (439,771) $ (338,827) $ (820,142) $ (6,019,755)
Per share data:        
Net loss - basic and diluted $ (0.01) $ (0.01) $ (0.03) $ (0.21)
Series B convertible contractual dividends $ 0.00 $ 0.00 $ (0.01) $ (0.01)
Series B convertible deemed dividends          $ (0.07)
Net loss attributable to common stockholders - basic and diluted $ (0.01) $ (0.01) $ (0.04) $ (0.29)
Weighted average number of common shares outstanding - basic and diluted 26,550,380 25,216,138 26,548,616 20,439,551