XML 12 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONDENSED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues $ 4,352,611 $ 3,654,107 $ 8,392,053 $ 7,461,256
Cost of revenues 2,526,072 2,148,775 5,051,804 4,350,464
Gross profit 1,826,539 1,505,332 3,340,249 3,110,792
Operating expenses:        
Research and development 632,558 558,537 1,287,333 1,240,057
Sales and marketing 857,976 960,374 1,685,942 2,199,741
General and administrative 532,475 492,493 1,128,032 1,153,118
Amortization of intangible assets 15,000 15,000 30,000 30,000
Total operating expenses 2,038,009 2,026,404 4,131,307 4,622,916
Operating loss (211,470) (521,072) (791,058) (1,512,124)
Interest expense, net (inclusive of debt discount amortization of $152,740 and $468,956 for the three and six months ended June 30, 2011, respectively (172,722) (54,690) (513,409) (102,439)
Net loss before income taxes (384,192) (575,762) (1,304,467) (1,614,563)
Deferred income tax expense (7,985)   (15,970)  
Net loss $ (392,177) $ (575,762) $ (1,320,437) $ (1,614,563)
Net loss per share:        
Basic and diluted $ (0.09) $ (0.15) $ (0.32) $ (0.43)
Weighted average shares outstanding:        
Basic and Diluted 4,233,519 3,793,768 4,084,395 3,791,379