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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) (USD $) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013
Revenue: |  |  |  |
SG Block sales | $ 495,378 | $ 535,130 | $ 1,504,024 | $ 955,824
Engineering services | 57,675 | 20,095 | 81,565 | 20,095
Project management | 87,510 | 1,066,395 | 89,244 | 1,601,869
Total revenue | 640,563 | 1,621,620 | 1,674,833 | 2,577,788
Cost of revenue: |  |  |  |
SG Block sales | 362,119 | 423,514 | 1,140,764 | 745,868
Engineering services | 36,240 | 15,275 | 44,284 | 15,275
Project management | 52,022 | 1,228,579 | 65,471 | 1,807,139
Total cost of revenue | 450,381 | 1,667,368 | 1,250,519 | 2,568,282
Gross profit | 190,182 | (45,748) | 424,314 | 9,506
Operating expenses: |  |  |  |
Payroll and related expenses | 269,584 | 332,558 | 509,897 | 677,093
General and administrative expenses | 118,230 | 211,795 | 338,232 | 377,261
Marketing and business development expense | 43,922 | 40,167 | 58,077 | 55,430
Pre-project expenses | 14,267 | 27,079 | 28,337 | 34,294
Total | 446,003 | 611,599 | 934,543 | 1,144,078
Operating loss | (255,821) | (657,347) | (510,229) | (1,134,572)
Other income (expense): |  |  |  |
Interest expense | (392,636) | (171,331) | (576,235) | (321,101)
Interest income | 8 | 46 | 16 | 80
Change in fair value of warrant liabilities | (377,967) | 48,862 | (458,182) | 268,357
Loss on extinguishment of debt | (1,104,179) |  | (1,104,179) |
Total | (1,874,774) | (122,423) | (2,138,580) | (52,664)
Net loss | (2,130,595) | (779,770) | (2,648,809) | (1,187,236)
Comprehensive loss |  |  |  |
Foreign currency translation adjustment |  | (4,766) |  | (3,730)
Total comprehensive loss | $ (2,130,595) | $ (784,536) | $ (2,648,809) | $ (1,190,966)
Net loss per share - basic and diluted: |  |  |  |
Basic and diluted | $ (0.05) | $ (0.02) | $ (0.06) | $ (0.03)
Weighted average shares outstanding: |  |  |  |
Basic and diluted | 42,773,093 | 42,198,093 | 42,763,977 | 42,198,093

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