v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
 3 Months Ended 6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Revenues $ 185,842 $ 71,427 $ 315,200 $ 71,427
Cost of Revenues 59,017 100,735 138,221 100,735
Gross Profit (Loss) 126,825 (29,308) 176,979 (29,308)
Operating Expenses        
Selling, general and administrative 427,095 335,808 1,005,002 472,310
Research and development 0 15,360 0 15,360
Amortization of customer contracts 43,750 0 87,500 0
Goodwill impairment loss 0 0 48,158 0
Total Operating Expenses 470,845 351,168 1,140,660 487,670
Operating Loss (344,020) (380,476) (963,681) (516,978)
Other Income (Expense), Net        
Interest expense (4,069) 0 (5,906) 0
Other income 68,769 0 108,769 0
Total Other Income (Expense), Net 64,700 0 102,863 0
Loss before Income Taxes (279,320) (380,476) (860,818) (516,978)
Income tax benefit 0 0 0 0
Net Loss (279,320) (380,476) (860,818) (516,978)
Net Loss Attributable to Non-Controlling Interest 22,789 0 43,885 0
Net Loss Attributable to Technest Holdings, Inc. (256,531) (380,476) (816,933) (516,978)
Cash dividends accrued to Preferred Stockholders - Series E (3,833) 0 (7,666) 0
Net Loss Applicable to Common Shareholders $ (260,364) $ (380,476) $ (824,599) $ (516,978)
Net Loss Per Share - Basic and Diluted (in dollars per share) $ (0.002) $ (0.004) $ (0.007) $ (0.006)
Weighted Average Number of Common Shares Outstanding        
Basic and diluted (in shares) 120,279,296 90,400,479 120,279,296 85,436,694