XML 51 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Operations (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Sales of Products $ 566,495 $ 991,134 $ 2,071,122 $ 2,358,223
Sales of Engineering Services 190,000 250,000 446,100 559,606
Total Sales 756,495 1,241,134 2,517,222 2,917,829
Cost of Sales Products 486,650 824,799 1,610,742 1,978,293
Cost of Sales Engineering Services 71,000 177,544 169,551 311,774
Total Cost of Sales 557,650 1,002,343 1,780,293 2,290,067
Gross Profit 198,845 238,791 736,929 627,762
Operating Expenses:        
Research and Development 267,230 338,023 736,418 1,064,562
Selling and Marketing 282,011 334,342 904,987 990,666
General and Administrative 507,883 663,871 1,643,981 1,995,637
Depreciation and Amortization 123,983 111,052 391,530 333,201
Total Operating Expenses 1,181,107 1,447,288 3,676,916 4,384,066
(Loss) from Continuing Operations (982,262) (1,208,497) (2,939,987) (3,756,304)
Other Income (Expense)        
Interest and Other (Expense) Income 0 221 279 1,182
Foreign Exchange Gain (Loss) 157 (185) (1,585) (2,000)
Amortization of Senior Term Debt Discount (Note 10) (6,326) 0 (18,977) 0
Interest Expenses (121,871) (106,443) (362,130) (315,422)
Total Other Income (Expense) (128,040) (106,407) (382,413) (316,240)
(Loss) from Continuing Before Provision for Income Taxes (1,110,302) (1,314,904) (3,322,400) (4,072,544)
Provision (Benefit) for Income Taxes (5,721) (5,854) (28,690) (27,086)
(Loss) from Continuing Operations (1,116,023) (1,320,758) (3,351,090) (4,099,630)
Income (Loss) from Discontinued Operations (Note 16) 0 400,205 (747,580) 1,831,231
Gain (Loss) on Disposal of Discontinued Operations (Note 3) (65,056) 0 5,837,607 0
Net Income (Loss) $ (1,181,079) $ (920,553) $ 1,738,937 $ (2,268,398)
Earnings (Loss) per Share from Continuing Operations        
Basic $ (0.0042) $ (0.0050) $ (0.0126) $ (0.0156)
Diluted $ (0.0042) $ (0.0050) $ (0.0126) $ (0.0156)
Earnings (Loss) per Share        
Basic $ (0.0045) $ (0.0035) $ 0.0066 $ (0.0086)
Diluted $ (0.0045) $ (0.0035) $ 0.0062 $ (0.0086)
Weighted-average Shares Outstanding Basic 265,259,348 263,624,718 265,259,348 263,608,333
Diluted 0 0 346,839,666 0