XML 15 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Income Statement [Abstract]        
Revenues $ 47,352,509 $ 44,279,866 $ 66,772,723 $ 88,475,642
Cost of goods sold 43,602,242 46,300,806 62,774,742 92,755,094
Gross profit/(loss) 3,750,267 (2,020,940) 3,997,981 (4,279,452)
Research and development expenses 123,822 148,704 352,581 341,321
Selling, general and administrative expenses 3,983,544 2,412,495 8,199,090 4,375,336
Operating loss (357,099) (4,582,139) (4,553,690) (8,996,109)
Other income/(expense)        
Interest rate expense (2,892,535) (2,626,906) (5,439,252) (5,246,221)
Amortization expense (6,091,603) (2,678,011) (8,489,850) (4,023,743)
Loss on debt extinguishment (231,191)    (1,187,671)   
Interest income 1,424 1,840 1,772 2,188
Gain on sale of assets 47,774 236,830 173,934 236,830
Other income/(expense) (69,228) (99,569) 93,894 (81,358)
Loss before income taxes (9,592,458) (9,747,955) (19,400,863) (18,108,413)
Income tax expense       (5,600) (4,000)
Net loss (9,592,458) (9,747,955) (19,406,463) (18,112,413)
Other comprehensive income        
Foreign currency translation adjustment (599,566) (226,977) (400,316) 84,006
Comprehensive loss $ (10,192,024) $ (9,974,932) $ (19,806,779) $ (18,028,407)
Net loss per common share        
Basic and diluted $ (0.05) $ (0.07) $ (0.10) $ (0.14)
Weighted average shares outstanding        
Basic and diluted 189,636,949 133,239,456 185,956,042 132,183,868