XML 29 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Net revenues $ 570,476 $ 40,189
Cost of revenues 2,308,610 210,393
Gross loss (1,738,134) (170,204)
Operating expenses    
General and administrative 6,699,118 2,167,840
Impairment of intangible assets 1,859,778 650,000
Warrant expense and fair value charge for stock sales 2,756,617 2,934,040
Legal and professional services 3,305,892 1,665,200
Depreciation and amortization 69,805 49,672
Total 14,691,210 7,466,752
Loss from operations (16,429,344) (7,636,956)
Other (income)/expenses    
Other (income)/expenses (1,012,909) 691,260
Interest expense 420,733 81,389
Total other (income)/expenses (592,176) 772,649
Net loss $ (15,837,168) $ (8,409,605)
Basic and diluted loss per share (in Dollars per share) $ (0.21) $ (0.14)
Basic and diluted weighted-average common shares (in Shares) 75,779,583 57,693,157