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Quarterly Results of Operations (Tables)
12 Months Ended
Jan. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations

Following is a summary of our quarterly results of operations for the years ended January 31, 2013 and 2012.

 

    January 31, 2013     October 31, 2012     July 31,  2012     April 30, 2012     January 31, 2012     October 31, 2011     July 31,   2011     April 30, 2011  
                                                 
Revenues   $ 2,529,683     $ 1,965,153     $ 1,649,451     $ 1,631,844     $ 1,545,440     $ 1,431,965     $ 1,093,708     $ 1,039,693  
                                                                 
(Loss) income from operations     (525,083 )     (1,437,225 )     (63,026 )     (53,153 )     (268,754 )     126,202       (83,339 )     (187,444 )
                                                                 
Loss on change in fair value of derivative liabilities     -       (3,063,144 )     (2,914,549 )     123,838       -       -       -       -  
                                                                 
Interest expense     (259,995 )     (221,239 )     (224,906 )     (224,036 )     (154,060 )     (68,047 )     (40,978 )     (40,949 )
                                                                 
Other (expense) income     (37,903 )     207       455       (5 )     247       49       1,483       1,063  
                                                                 
(Loss) income before income taxes     (822,981 )     (4,721,401 )     (3,202,026 )     (153,356 )     (422,567 )     58,204       (122,834 )     (227,330 )
                                                                 
Provision for income taxes     -       -       800       4,000       4,219       -       -       1,600  
                                                                 
Net (loss) income   $ (822,981 )   $ (4,721,401 )   $ (3,202,826 )   $ (157,356 )   $ (426,786 )   $ 58,204     $ (122,834 )   $ (228,930 )
                                                                 
Per share data:                                                                
                                                                 
Weighted Average Shares - Basic and Diluted     34,808,001       33,440,542       31,015,904       29,965,878       29,335,774       29,331,970       28,985,774       28,648,134  
                                                                 
Basic and Diluted Loss per share (1)   $ (0.02 )   $ (0.15 )   $ (0.10 )   $ (0.01 )   $ (0.01 )   $ 0.00     $ (0.00 )   $ (0.01 )

 

(1) Earnings per share are computed independently for each of the quarters presented and therefore may not sum to the total for the year