XML 88 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
 12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Revenues:      
License and transaction fees $ 23,370,754 $ 16,442,485 $ 9,307,100
Equipment sales 5,646,489 6,426,304 6,464,006
Total revenues 29,017,243 22,868,789 15,771,106
Cost of services 15,312,966 11,651,138 6,861,642
Cost of equipment 3,743,226 3,468,993 4,049,433
Gross profit 9,961,051 7,748,658 4,860,031
Operating expenses:      
Selling, general and administrative 15,460,668 11,430,610 14,885,685
Depreciation and amortization 1,500,775 1,424,365 1,570,043
Impairment of intangible asset   581,900  
Total operating expenses 16,961,443 13,436,875 16,455,728
Operating loss (7,000,392) (5,688,217) (11,595,697)
Other income (expense):      
Interest income 72,059 82,234 85,144
Interest expense (83,993) (35,953) (60,942)
Change in fair value of warrant liabilities 1,813,687 (815,131)  
Total other income (expense), net 1,801,753 (768,850) 24,202
Loss before provision for income taxes (5,198,639) (6,457,067) (11,571,495)
Provision for income taxes (12,599)      
Net loss (5,211,238) (6,457,067) (11,571,495)
Cumulative preferred dividends (664,452) (665,577) (735,139)
Loss applicable to common shares $ (5,875,690) $ (7,122,644) $ (12,306,634)
Loss per common share (basic and diluted) (in dollars per share) $ (0.18) $ (0.26) $ (0.55)
Weighted average number of common shares outstanding (basic and diluted) (in shares) 32,423,987 27,665,345 22,370,068