v2.4.0.6

Condensed Consolidated Statements of Operations (USD $) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2012 | Sep. 30, 2011 | Sep. 30, 2012 | Sep. 30, 2011
Income Statement [Abstract] |  |  |  |
Sales | $ 3,525,933 | $ 4,029,590 | $ 10,837,425 | $ 12,617,710
Cost of sales | 2,672,448 | 3,220,450 | 8,491,880 | 10,147,624
Gross profit | 853,485 | 809,140 | 2,345,545 | 2,470,086
Operating expenses |  |  |  |
Salaries and related expenses | 755,201 | 680,852 | 2,237,510 | 2,021,761
Selling, general and administrative | 680,888 | 610,864 | 2,179,991 | 1,360,795
Total operating expenses | 1,436,089 | 1,291,716 | 4,417,501 | 3,382,556
Loss from operations before non-controlling interest | (582,604) | (482,576) | (2,071,956) | (912,470)
Other expenses |  |  |  |
Interest expense, net | 347,771 | 303,439 | 1,086,950 | 626,708
Loss on extinguishment of debt | 90,205 |  | 90,205 | 16,923
(Gain) or loss on change in fair value of warrant liability | 377,430 | (139,355) | 275,350 | (106,231)
Total other expenses and income | 815,406 | 164,084 | 1,452,505 | 537,400
Net loss from operations before non-controlling interest | (1,398,010) | (646,660) | (3,524,461) | (1,449,870)
Net income attributable to non-controlling interest |  |  |  | (12,051)
Net loss attributable to Assured Pharmacy, Inc. | $ (1,398,010) | $ (646,660) | $ (3,524,461) | $ (1,461,921)
Basic and diluted loss per common share |  |  |  |
Net loss per common share - basic and diluted | $ (0.33) | $ (0.20) | $ (0.86) | $ (0.55)
Basic and diluted weighted average number of common shares outstanding | 4,298,150 | 3,203,346 | 4,077,600 | 2,657,202

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