v2.4.1.9

Consolidated Statements of Operations (Unaudited) (USD $) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2014 | Dec. 31, 2013
Revenues {1} |  |  |  |
Revenues | $ 18,081 us-gaap_Revenues | $ 54,000 us-gaap_Revenues | $ 58,581 us-gaap_Revenues | $ 108,000 us-gaap_Revenues
Cost of Revenues | 5,779 us-gaap_CostOfRevenue |  | 5,779 us-gaap_CostOfRevenue |
Gross Profits | 12,302 us-gaap_GrossProfit | 54,000 us-gaap_GrossProfit | 52,802 us-gaap_GrossProfit | 108,000 us-gaap_GrossProfit
Operating Expenses |  |  |  |
Selling General and Administrative Expenses | 238,034 us-gaap_SellingGeneralAndAdministrativeExpense | 367,007 us-gaap_SellingGeneralAndAdministrativeExpense | 443,363 us-gaap_SellingGeneralAndAdministrativeExpense | 712,524 us-gaap_SellingGeneralAndAdministrativeExpense
Total Operating Expenses | 238,034 us-gaap_OperatingExpenses | 367,007 us-gaap_OperatingExpenses | 443,363 us-gaap_OperatingExpenses | 712,524 us-gaap_OperatingExpenses
Operating Income (Loss) | (225,733)us-gaap_OperatingIncomeLoss | (313,007)us-gaap_OperatingIncomeLoss | (390,561)us-gaap_OperatingIncomeLoss | (604,524)us-gaap_OperatingIncomeLoss
Other Income (Expense) |  |  |  |
Interest expense | (129,201)us-gaap_InterestExpense | (101,709)us-gaap_InterestExpense | (292,464)us-gaap_InterestExpense | (167,932)us-gaap_InterestExpense
Loss on Conversion of Debt | (202,563)us-gaap_GainsLossesOnExtinguishmentOfDebt | (310,836)us-gaap_GainsLossesOnExtinguishmentOfDebt | (367,575)us-gaap_GainsLossesOnExtinguishmentOfDebt | (310,836)us-gaap_GainsLossesOnExtinguishmentOfDebt
Derivative Liability Expense | (145,811)fil_DerivativeLiabilityExpense2 |  | (224,521)fil_DerivativeLiabilityExpense2 |
Adjustment to Fair Value of Derivative Liability | 108,144 us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease |  | 134,272 us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease |
Technology licensing Income |  |  |  | 6,501 us-gaap_TechnologyServicesRevenue
Total Other (Expense) - net | (369,431)us-gaap_OtherExpenses | (412,545)us-gaap_OtherExpenses | (750,289)us-gaap_OtherExpenses | (472,267)us-gaap_OtherExpenses
Net Income (Loss) | (595,164)us-gaap_NetIncomeLoss | (725,552)us-gaap_NetIncomeLoss | (1,140,850)us-gaap_NetIncomeLoss | (1,076,791)us-gaap_NetIncomeLoss
Net income (Loss) attributable to non-controlling interest |  | 0 us-gaap_IncomeLossAttributableToNoncontrollingInterest | 0 us-gaap_IncomeLossAttributableToNoncontrollingInterest |
Net Income (Loss) Accelpath, Inc. | (595,164)fil_NetIncomeLossAccelpathInc | (725,552)fil_NetIncomeLossAccelpathInc | (1,140,850)fil_NetIncomeLossAccelpathInc | (1,076,791)fil_NetIncomeLossAccelpathInc
Deemed and cash dividends to Preferred Stockholders |  | (1,139)fil_DeemedAndCashDividendsToPreferredStockholders |  |
Net loss applicable to Common shareholders | $ (595,164)fil_NetLossApplicableToCommonShareholders | $ (726,691)fil_NetLossApplicableToCommonShareholders | $ (1,140,850)fil_NetLossApplicableToCommonShareholders | $ (1,076,791)fil_NetLossApplicableToCommonShareholders
Net loss per common share - basic and diluted | $ 0.00 us-gaap_EarningsPerShareBasicAndDiluted | $ (0.28)us-gaap_EarningsPerShareBasicAndDiluted | $ (0.01)us-gaap_EarningsPerShareBasicAndDiluted | $ (0.52)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of common shares outstanding during the period/year - basic and diluted | 291,107,709 us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 2,626,310 us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 156,491,873 us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 2,070,198 us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted

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