XML 34 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Services $ 255,269 $ 281,711 $ 505,622 $ 530,942
License fees and other 2,017,535 121,078 2,416,008 1,239,369
2,272,804 402,789 2,921,630 1,770,311
Costs and other expenses        
Cost of services 56,905 113,105 123,968 152,280
Cost of license fees and other 88,489 48,146 160,782 126,195
145,394 161,251 284,750 278,475
Gross Profit 2,127,410 241,538 2,636,880 1,491,836
Operating Expenses        
Selling, general and administrative 979,861 895,147 2,020,542 1,752,143
Research, development and engineering 393,999 470,888 800,640 957,545
1,373,860 1,366,035 2,821,182 2,709,688
Operating profit (loss) 753,550 (1,124,497) (184,302) (1,217,852)
Other income (expenses)        
Interest income 2 2 4 3
Gain (loss) on derivative liabilities (406) 98,209 14,253 (106,739)
Income taxes     (912) (912)
Total other income (expenses) (404) 98,211 13,345 (107,648)
Net profit (loss) $ 753,146 $ (1,026,286) $ (170,957) $ (1,325,500)
Basic and Diluted Earnings (Loss) per Common Share (in Dollars per share) $ 0.01 $ (0.02) $ 0.00 $ (0.02)
Weighted Average Shares Outstanding:        
Basic and diluted (in Shares) 66,001,260 58,001,934 66,001,260 57,970,309