XML 36 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
REVENUES $ 2,291,570 $ 1,197,041 $ 3,278,697 $ 2,289,090
COST OF REVENUES (1,250,746) (447,812) (1,642,908) (810,458)
Gross profit 1,040,824 749,229 1,635,789 1,478,632
OPERATING EXPENSES        
Selling 308,197 410,116 541,550 708,171
General and administrative 1,270,058 996,731 2,462,995 1,907,384
Research and development 680,815 443,831 1,176,753 874,354
Total operating expenses 2,259,070 1,850,678 4,181,298 3,489,909
Loss from operations (1,218,246) (1,101,449) (2,545,509) (2,011,277)
OTHER INCOME (EXPENSE)        
Interest and other income 4,829 382 32,158 605
Interest expense (556) 0 (2,735) (79)
Net loss $ (1,213,973) $ (1,101,067) $ (2,516,086) $ (2,010,751)
PER SHARE INFORMATION Loss per common share -        
Basic $ (0.12) $ (0.22) $ (0.27) $ (0.43)
Diluted $ (0.12) $ (0.22) $ (0.27) $ (0.43)
Weighted average common shares used in computing per share amounts -        
Basic 9,835,927 4,900,330 9,448,777 4,667,255
Diluted 9,835,927 4,900,330 9,448,777 4,667,255