Condensed Consolidated Statements of Operations - USD ($)
|
3 Months Ended |
Mar. 31, 2015 |
Mar. 31, 2014 |
| Income Statement |
|
|
| Revenues |
|
|
| Cost of sales |
|
|
| Gross Profit |
|
|
| Operating expenses: |
|
|
| General and administrative |
729,825
|
647,271
|
| Research and development |
699,734
|
406,277
|
| Total operating expenses |
1,429,559
|
1,053,548
|
| Operating income/(loss) |
(1,429,559)
|
(1,053,548)
|
| Other income (expenses): |
|
|
| Gain on Brent -Tronics acquisition |
17,579,887
|
|
| Interest expense |
(29,589)
|
(29,589)
|
| Total other income/(expenses) |
17,550,298
|
(29,589)
|
| Net income (loss) before tax |
16,120,739
|
(1,083,137)
|
| Income tax benefit |
|
|
| Net gain (loss) |
16,120,739
|
(1,083,137)
|
| Other Comprehensive Income |
|
|
| Foreign currency translation on Investments |
313,056
|
|
| Unrealized gain on available for sale securities |
2,383,931
|
|
| Total Comprehensive Income (Loss) |
$ 18,817,726
|
$ (1,083,137)
|
| Basic income (loss) per share |
$ 0.11
|
$ (0.01)
|
| Diluted income (loss) per share |
$ 0.09
|
$ (0.01)
|
| Basic weighted shares outstanding |
144,109,739
|
107,272,221
|
| Diluted weighted shares outstanding |
183,491,601
|
107,272,221
|