XML 24 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Consolidated Statements Of Operations        
Revenue $ 5,121,238 $ 4,676,825 $ 15,551,933 $ 14,275,122
Operating Expenses        
Rents and transportation 999,553 834,862 3,151,386 3,147,223
Wages, salaries and benefits 1,295,661 1,518,441 4,400,215 4,160,197
Fuel and fuel taxes 1,683,176 1,284,564 5,220,810 3,971,636
Depreciation and amortization 1,118,746 374,500 2,515,206 1,561,292
Insurance and claims 281,144 200,621 691,193 657,446
Operating taxes and licenses 45,336 52,562 177,986 144,777
General and administrative 601,233 1,845,252 2,753,223 2,425,877
Total Operating Expenses 6,024,849 6,110,802 18,910,019 16,068,448
Loss from continuing operations (903,611) (1,433,977) (3,358,086) (1,793,326)
(Loss)/Gain  from discontinued operations (5,893,686) 194,331 (6,421,739) 158,344
Other Income (Expense)        
Gain/(loss) on change of fair value of derivative liability 26,837 0 207,956 (52,700)
Interest (289,054) (434,981) (1,744,781) (1,008,398)
Other income (expense) 329,649 0 307,913 153,149
Total Other Income (Expense) 67,432 (434,981) (1,228,912) (907,949)
Net loss before noncontrolling interest (6,729,865) (1,674,627) (11,008,737) (2,542,931)
Noncontrolling interest share of subsidiary net income (loss) 9,675 (5,691) 22,922 8,525
Net loss $ (6,720,190) $ (1,680,318) $ (10,985,815) $ (2,534,406)
Net loss per share - basic and diluted        
Loss from continuing operations $ (0.02) $ (0.07) $ (0.12) $ (0.12)
Income (loss) from discontinued operations $ (0.15) $ 0.01 $ (0.17) $ 0.01
Net loss per common share-basic and diluted $ (0.17) $ (0.06) $ (0.3) $ (0.11)
Weighted average common shares outstanding - basic and diluted 38,472,089 26,340,508 37,048,177 23,154,193