XML 17 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUE        
Artifact sales and other $ 5,534,933 $ 712,628 $ 6,565,579 $ 900,034
Exhibit 19,527 50,000 100,218 150,000
Expedition   183,469 5,480 4,222,446
Total revenue 5,554,460 946,097 6,671,277 5,272,480
OPERATING EXPENSES        
Cost of sales - artifacts and other 169,573 54,237 410,357 178,318
Marketing, general and administrative 4,670,196 2,985,664 10,390,087 7,825,582
Operations and research 4,159,412 (3,017,253) 19,403,757 11,689,145
Total operating expenses 8,999,181 22,648 30,204,201 19,693,045
INCOME (LOSS) FROM OPERATIONS (3,444,721) 923,449 (23,532,924) (14,420,565)
OTHER INCOME (EXPENSE)        
Interest income 4,074 573 6,829 23,711
Interest expense (894,076) (1,930,783) (2,883,617) (4,595,983)
Change in derivative liabilities fair value 870,453 4,801,862 2,206,642 1,712,030
Other 114,980 7,882 139,667 11,641
Total other income (expense) 95,431 2,879,534 (530,479) (2,848,601)
INCOME (LOSS) BEFORE INCOME TAXES (3,349,290) 3,802,983 (24,063,403) (17,269,166)
Income tax benefit (provision) (235,249)   (335,991)  
NET INCOME (LOSS) BEFORE NON-CONTROLLING INTEREST (3,584,539) 3,802,983 (24,399,394) (17,269,166)
Non-controlling interest 2,653,146   2,906,646  
NET INCOME (LOSS) $ (931,393) $ 3,802,983 $ (21,492,748) $ (17,269,166)
NET INCOME (LOSS) PER SHARE        
Basic and diluted (See NOTE B) $ (0.01) $ 0.05 $ (0.27) $ (0.24)
Weighted average number of common shares outstanding with participating securities per the two-class method        
Basic 80,252,203 78,544,391 78,991,192 73,498,034
Diluted 80,252,203 81,440,848 78,991,192 73,498,034