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Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $) | 3 Months Ended
--- | ---
Sep. 30, 2014 | Sep. 30, 2013
Consolidated Statements Of Operations And Comprehensive Income |  |
Product sales, net | $ 2,603,309 | $ 2,809,712
Cost of sales | 1,625,675 | 1,490,642
Gross margin | 977,634 | 1,319,070
Operating expenses: |  |
Selling, general and administrative | 1,144,235 | 1,076,622
New product development | 343,712 | 294,955
Amortization of intangibles |  | 8,217
Loss on disposal of property and equipment | 218 | 1,058
Total costs and expenses | 1,488,165 | 1,380,852
Operating loss | (510,531) | (61,782)
Other income (expense): |  |
Interest expense | (3,369) | (172)
Interest expense - debt costs | (12,645) | (5,050)
Change in fair value of warrant liability | (53,958) | (18,952)
Other expense, net | 1,453 | 5,611
Total expense, net | (68,519) | (18,563)
Net loss | (579,050) | (80,345)
Loss per common share (basic and diluted) | $ (0.04) | $ (0.01)
Number of shares used in per share calculation (basic and diluted) | 14,312,061 | 13,567,712
Foreign currency translation adjustment | (468) | 9,689
Comprehensive loss | $ (579,518) | $ (70,656)

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