XML 36 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Operations (USD $)
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Consolidated Statements Of Operations    
Revenues, net $ 70,751us-gaap_Revenues $ 241,398us-gaap_Revenues
Cost of goods sold:    
Materials and freight costs 50,630us-gaap_CostOfGoodsSoldDirectMaterials 188,109us-gaap_CostOfGoodsSoldDirectMaterials
Provision for inventory obsolescence 39,306us-gaap_InventoryWriteDown 69,451us-gaap_InventoryWriteDown
Total cost of goods sold 89,936us-gaap_CostOfGoodsSold 257,560us-gaap_CostOfGoodsSold
Gross margin (19,186)us-gaap_GrossProfit (16,162)us-gaap_GrossProfit
Operating expenses:    
Selling, general and administrative expenses 706,845us-gaap_SellingGeneralAndAdministrativeExpense 1,784,490us-gaap_SellingGeneralAndAdministrativeExpense
Total operating expenses 706,845us-gaap_OperatingExpenses 1,784,490us-gaap_OperatingExpenses
Loss from operations (726,031)us-gaap_OperatingIncomeLoss (1,800,652)us-gaap_OperatingIncomeLoss
Non-operating income (expense):    
Interest expense (120,292)us-gaap_InterestExpense (646,566)us-gaap_InterestExpense
Interest income 50us-gaap_InterestIncomeOther 487us-gaap_InterestIncomeOther
Change in fair value of derivative liabilities 90,662SGMD_ChangesInFairValueOfDerivativeLiabilities 181,961SGMD_ChangesInFairValueOfDerivativeLiabilities
Total non-operating income (expense) (29,580)us-gaap_NonoperatingIncomeExpense (464,118)us-gaap_NonoperatingIncomeExpense
Net loss $ (755,610)us-gaap_NetIncomeLoss $ (2,264,770)us-gaap_NetIncomeLoss
Basic and diluted net loss per share $ (0.07)us-gaap_EarningsPerShareBasicAndDiluted $ (0.22)us-gaap_EarningsPerShareBasicAndDiluted
Basic and diluted weighted average common shares outstanding used in computing net loss per share 10,538,526us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 10,504,279us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted