v2.4.0.8
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
 3 Months Ended 9 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2013
Revenues        
Gross revenues $ 752,877 $ 3,608,245 $ 4,273,852 $ 5,362,057
Discounts 439,105 584,983 1,221,625 812,526
Revenues, net of discounts 313,772 3,023,262 3,052,227 4,549,531
Cost of Goods Sold        
Cost of goods sold 615,942 1,332,377 2,516,153 2,126,773
Gross Profit (302,170) 1,690,885 536,074 2,422,758
Operating expenses:        
Selling expenses 18,843 243,463 369,359 585,241
Research and development 3,006 13,909 14,195 36,921
Royalty expense 419,036 157,895 815,370 480,704
Professional fees 337,222 818,666 1,004,927 1,427,389
General and administrative expenses 721,305 817,995 2,418,327 2,210,174
Depreciation and amortization expense 126,843 671,709 361,812 745,885
Product development fee - related party 140,000 210,000 640,000 622,700
Total Operating Expense 1,766,255 2,933,637 5,623,990 6,109,014
Loss from operations (2,068,425) (1,242,752) (5,087,916) (3,686,256)
Other (income) / expenses:        
Interest expense, net of interest income 388,073 661,838 1,170,555 957,973
Loss from debt extinguishment 2,760,640    2,760,640   
Derivative liability (gain) / loss (462,726) (3,646,420) (1,708,651) (3,299,793)
Net (loss) / income (4,754,412) 1,741,830 (7,310,460) (1,344,436)
Preferred Dividend 78,126    78,126   
Net (loss) / income attributable to common shareholders - basic and diluted $ (4,832,538) $ 1,741,830 $ (7,388,586) $ (1,344,436)
Net (loss) / income per share attributable to common shareholders - basic and diluted $ (3.11) $ 1.97 $ (4.77) $ (1.54)
Weighted average number of common shares used in computing - basic and diluted 1,555,675 883,074 1,547,820 872,201