XML 25 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Operations (USD $)
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
REVENUE    
Artifact sales and other $ 54,147 $ 348,891
Exhibit 25,000 42,993
Expedition 2,820,605 1,702,219
Total revenue 2,899,752 2,094,103
OPERATING EXPENSES    
Cost of sales - artifacts and other 34,189 173,576
Marketing, general and administrative 2,356,918 2,170,079
Operations and research 5,151,706 3,532,710
Total operating expenses 7,542,813 5,876,365
INCOME (LOSS) FROM OPERATIONS (4,643,061) (3,782,262)
OTHER INCOME (EXPENSE)    
Interest income 22,440 386
Interest expense (985,329) (97,901)
Change in derivative liabilities fair value 123,069 (1,289,184)
Other 1,082 (5,074)
Total other income (expense) (838,738) (1,391,773)
LOSS BEFORE INCOME TAXES (5,481,799) (5,174,035)
Income tax benefit (provision)      
NET LOSS $ (5,481,799) $ (5,174,035)
NET LOSS PER SHARE    
Basic and diluted (See NOTE B) $ (0.08) $ (0.09)
Weighted average number of common shares outstanding    
Basic and diluted 73,165,136 67,148,056