XML 74 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUES $ 3,218,344 $ 2,578,863 $ 5,507,434 $ 5,932,239
COST OF REVENUES (1,202,760) (797,488) (2,013,218) (2,295,871)
Gross profit 2,015,584 1,781,375 3,494,216 3,636,368
OPERATING EXPENSES        
Selling 398,035 257,000 1,106,206 793,908
General and administrative 836,841 1,035,941 2,744,225 3,074,299
Research and development 453,022 472,711 1,327,376 1,592,056
Total operating expenses 1,687,898 1,765,652 5,177,807 5,460,263
Income (loss) from operations 327,686 15,723 (1,683,591) (1,823,895)
OTHER INCOME (EXPENSE)        
Interest income 7 73 661 88
Interest expense 0 0 (78) 0
Other income (expense) 50 0 0 0
Net income (loss) $ 327,743 $ 15,796 $ (1,683,008) $ (1,823,807)
PER SHARE INFORMATION        
Income (loss) per common share - Basic (in dollars per share) $ 0.07 $ 0.00 $ (0.35) $ (0.53)
Income (loss) per common share - Diluted (in dollars per share) $ 0.07 $ 0.00 $ (0.35) $ (0.53)
Weighted average common shares used in computing per share amounts -        
Basic (in shares) 4,932,057 3,474,449 4,756,703 3,471,477
Diluted (in shares) 4,945,807 3,480,170 4,756,703 3,471,477