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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenue        
Revenue $ 5,674,175 $ 6,130,544 $ 11,369,105 $ 13,236,059
Cost of revenue 4,511,951 3,713,147 8,946,657 8,158,276
Inventory obsolescence 1,218,051 0 1,419,148 0
Gross (loss) profit (55,827) 2,417,397 1,003,300 5,077,783
Operating expenses:        
Selling expenses 1,012,463 627,442 2,001,416 1,447,847
General and administrative expenses 459,026 382,832 931,455 806,759
Research and development expenses 174,850 1,902,027 335,678 2,346,434
Bad debt expense (benefit) (3,141,116) 8,032,315 3,963,540 11,340,444
Total operating expenses (1,494,777) 10,944,616 7,232,089 15,941,484
Income (loss) from operations 1,438,950 (8,527,219) (6,228,789) (10,863,701)
Other income (expense):        
Interest income 30,222 16,828 57,077 38,611
Interest expense (322,422) (113,363) (636,197) (169,810)
Net other expense (292,200) (96,535) (579,120) (131,199)
Loss before income taxes 1,146,750 (8,623,754) (6,807,909) (10,994,900)
Income tax expense (19,428) (19,196) (38,712) (38,543)
Net income (loss) 1,127,322 (8,642,950) (6,846,621) (11,033,443)
Other comprehensive income (loss) - foreign currency translation adjustment 259,216 153,664 745,772 (961,320)
Comprehensive income (loss) $ 1,386,538 $ (8,489,286) $ (6,100,849) $ (11,994,763)
Income (loss) per share:        
Basic $ 0.03 $ (0.20) $ (0.16) $ (0.25)
Diluted $ 0.03 $ (0.20) $ (0.16) $ (0.25)