XML 24 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
Revenues:        
License and transaction fees $ 5,985,052 $ 4,313,503 $ 16,988,179 $ 11,413,665
Equipment sales 1,541,999 1,209,474 4,126,218 4,566,494
Total revenues 7,527,051 5,522,977 21,114,397 15,980,159
Cost of services 3,749,862 3,187,601 11,494,690 8,308,612
Cost of equipment 981,969 782,244 2,836,995 2,274,825
Gross profit 2,795,220 1,553,132 6,782,712 5,396,722
Operating expenses:        
Selling, general and administrative 3,040,562 2,860,273 10,039,712 8,036,539
Depreciation and amortization 391,859 360,528 1,139,500 1,067,746
Total operating expenses 3,432,421 3,220,801 11,179,212 9,104,285
Operating loss (637,201) (1,667,669) (4,396,500) (3,707,563)
Other income (expense):        
Interest income 14,029 13,936 45,183 56,715
Interest expense (10,520) (9,795) (70,756) (32,424)
Change in fair value of warrants 95,074 (850,740) 1,983,442 (850,740)
Total other income, net 98,583 (846,599) 1,957,869 (826,449)
Net loss (538,618) (2,514,268) (2,438,631) (4,534,012)
Cumulative preferred dividends (332,226) (332,226) (664,452) (665,577)
Loss applicable to common shares $ (870,844) $ (2,846,494) $ (3,103,083) $ (5,199,589)
Loss per common share (basic and diluted) (in dollars per share) $ (0.03) $ (0.11) $ (0.10) $ (0.20)
Weighted average number of common shares outstanding (basic and diluted) (in shares) 32,466,528 26,914,004 32,400,049 26,249,137