|
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
|
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2013
|
Sep. 30, 2012
|
Sep. 30, 2013
|
Sep. 30, 2012
|
|
| Revenues: | ||||
| Product revenues | $ 82,942 | $ 7,688,371 | ||
| Support and maintenance revenues | 15,946 | |||
| Total Revenues | 82,942 | 7,704,317 | ||
| Cost of Goods Sold | 700 | 6,159,759 | ||
| Gross Profit | 82,242 | 1,544,558 | ||
| Operating Expenses | ||||
| Depreciation and amortization | 11,186 | 10,504 | 33,102 | 31,511 |
| Research and development | 43,000 | 43,000 | 7,511 | |
| General and administrative | 240,533 | 255,029 | 880,037 | 469,304 |
| Total Operating Expenses | 294,719 | 265,532 | 956,139 | 508,326 |
| (Loss)/Income from operations | (294,719) | (183,290) | (956,139) | 1,036,232 |
| Other Income | ||||
| Gain on forgiveness of payroll liabilities | 128,456 | |||
| Total Other Income | 128,456 | |||
| (Loss)/income before income taxes | (294,719) | (183,290) | (827,684) | 1,036,232 |
| Income taxes | ||||
| Net (loss)/Income | $ (294,719) | $ (183,290) | $ (827,684) | $ 1,036,232 |
| (Loss)/earnings per share - basic and diluted | $ 0.00 | $ 0.00 | $ (0.01) | $ 0.01 |
| Weighted average shares - basic and diluted | 97,200,000 | 92,200,000 | 108,599,293 | 89,533,333 |