v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
 3 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Sales, net $ 10,418,617 [1] $ 9,719,427 [1]
Cost of sales 6,500,153 [1] 6,286,775 [1]
Gross profit 3,918,464 3,432,652
Selling expense 2,895,383 2,622,992
General and administrative expense 1,265,605 1,328,600
Depreciation and amortization 213,124 231,082
Loss from operations (455,648) (750,022)
(Loss) gain from equity investment in non-consolidated affiliate (6,121) 348
Foreign exchange gain 60,340 195,941
Interest expense, net (228,819) (111,020)
Net change in fair value of warrant liability (447,251) (91,328)
Income tax benefit 37,038 37,038
Net loss (1,040,461) (719,043)
Net income attributable to noncontrolling interests (252,372) (110,458)
Net loss attributable to controlling interests (1,292,833) (829,501)
Dividend to preferred shareholders (189,932) (179,951)
Net loss attributable to common shareholders $ (1,482,765) $ (1,009,452)
Net loss per common share, basic and diluted, attributable to common shareholders (in dollars per share) $ (0.01) $ (0.01)
Weighted average shares used in computation, basic and diluted, attributable to common shareholders (in shares) 109,424,026 108,392,255
[1] Sales, net and Cost of sales include excise taxes of $1,424,220 and $1,381,541 for the three months ended June 30, 2013 and 2012, respectively.