XML 19 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) [Abstract]        
REVENUES $ 877,271 $ 1,194,721 $ 2,769,663 $ 4,579,511
COST OF REVENUES 687,847 1,074,805 2,288,115 3,689,942
GROSS PROFIT 189,424 119,916 481,548 889,569
OPERATING EXPENSES        
Selling, general and administrative 331,487 1,741,321 1,414,575 2,945,373
Pension plan withdrawal expense 412,576 0 412,576 0
Total operating expenses 744,063 1,741,321 1,827,151 2,945,373
OPERATING LOSS (554,639) (1,621,405) (1,345,603) (2,055,804)
OTHER INCOME (EXPENSE)        
Gain on market price changes of warrants issued 0 316,463 12,196 669,447
Gain on extinguishment of liabilities 53,878 0 58,086 40,008
Gain on debt modification 0 0 0 32,737
Interest income 663 278 1,025 868
Interest expense (22,903) (19,175) (64,917) (58,880)
Amortization of discount on convertible debentures (4,092) (4,092) (12,276) (56,418)
Total other income (expenses) 27,546 293,474 (5,886) 627,762
LOSS BEFORE INCOME TAXES (527,093) (1,327,931) (1,351,489) (1,428,042)
Federal and state income taxes 0 0 0 0
NET LOSS $ (527,093) $ (1,327,931) $ (1,351,489) $ (1,428,042)
Basic and diluted loss per share $ (0.09) $ (0.22) $ (0.22) $ (0.24)
Weighted average common shares outstanding - basic and diluted (in shares) 6,191,567 6,021,219 6,149,825 5,975,204