v3.2.0.727
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
System sales $ 928,723 $ 1,501,957 $ 3,279,450 $ 4,838,820
Total revenues 928,723 1,501,957 3,279,450 4,838,820
Cost of goods sold 2,821,384 2,742,726 5,294,737 6,653,633
Gross (loss) (1,892,661) (1,240,769) (2,015,287) (1,814,813)
Expenses:        
Sales and marketing 111,812 184,572 393,313 531,719
General and administrative expenses 1,896,543 986,569 4,665,090 2,683,412
Arbitration settlement charge 0 0 1,517,810 0
Research and development 4,633 10,109 19,138 84,234
Depreciation and amortization 52,132 72,788 169,317 219,454
Total expenses 2,065,120 1,254,038 6,764,668 3,518,819
Loss from operations (3,957,781) (2,494,807) (8,779,955) (5,333,632)
Other income (expenses):        
Interest income 0 539 0 1,032
Interest expense (475,189) (536,884) (1,237,244) (1,505,619)
Debt conversion expense 0 0 (9,350,726) 0
Other income 4,576 25 35,920 25
Loss on disposal of property, plant and equipment (24) (7,789) (47,080) (7,789)
Amortization of discount on debt (615,530) (996,136) (1,375,081) (2,969,145)
Gain/(loss) on fair value of derivative 113,850 (10,750) 652,746 11,058,653
Total other income (expenses) (972,317) (1,550,995) (11,321,465) 6,577,157
(Loss)/gain before provision for income taxes (4,930,098) (4,045,802) (20,101,420) 1,243,525
Provision for income taxes 0 1,503 1,934 7,199
Net (loss)/income $ (4,930,098) $ (4,047,305) $ (20,103,354) $ 1,236,326
Net (loss)/income per common share - basic $ (0.27) $ (0.48) $ (1.17) $ 0.15
Weighted average number of shares - basic 18,234,014 8,366,986 17,178,105 8,205,682
Net (loss)/income per common share - diluted $ (0.27) $ (0.48) $ (1.17) $ (0.06)
Weighted average number of shares - diluted 18,234,014 8,366,986 17,178,105 13,034,906