XML 45 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
 3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Consolidated Statements Of Comprehensive Income Loss    
Product sales, net $ 4,190,330 $ 2,603,309
Cost of sales 1,938,762 1,625,675
Gross margin 2,251,568 977,634
Operating expenses:    
Selling, general and administrative 1,440,648 1,144,235
New product development $ 148,346 343,712
Loss on disposal of property and equipment 218
Total costs and expenses $ 1,588,994 1,488,165
Operating income (loss) 662,574 (510,531)
Other income (expense):    
Interest expense $ (12,871) (3,369)
Interest expense - debt costs (12,645)
Change in fair value of warrant liability $ 368,114 (53,958)
Other expense, net (174,844) 1,453
Total other income (expense), net 180,399 (68,519)
Net income (loss) $ 842,973 $ (579,050)
Income (loss) per common share (basic) $ 0.06 $ (0.04)
Number of shares used in per share calculation (basic) 15,239,366 14,312,061
Income (loss) per common share (diluted) $ 0.05 $ (0.04)
Number of shares used in per share calculation (diluted) 16,542,934 14,312,061
Foreign currency translation adjustment $ 12,075 $ (468)
Comprehensive income (loss) $ 855,048 $ (579,518)