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Consolidated Statements of Operations (USD $)
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3 Months Ended | 6 Months Ended | 12 Months Ended | |||
|---|---|---|---|---|---|---|
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Jun. 30, 2013
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Jun. 30, 2012
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Jun. 30, 2013
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Jun. 30, 2012
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Dec. 31, 2012
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Dec. 31, 2011
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| Sales - gross | $ 28,515,483 | $ 18,869,103 | $ 53,439,519 | $ 38,171,872 | $ 77,768,138 | $ 21,197,518 |
| Discounts and sales allowances | (3,035,424) | (3,439,763) | (5,398,293) | (6,181,852) | ||
| Sales - net | 25,480,059 | 15,429,340 | 48,041,226 | 31,990,020 | 67,055,215 | 17,212,636 |
| Cost of sales | 17,566,718 | 12,942,605 | 31,963,124 | 25,837,767 | 52,726,934 | 14,845,069 |
| Gross profit | 7,913,341 | 2,486,735 | 16,078,102 | 6,152,253 | 14,328,281 | 2,367,567 |
| General and administrative expenses | 10,654,272 | 4,151,076 | 19,540,512 | 8,543,887 | 23,064,092 | 18,587,727 |
| Income (loss) from operations | (2,740,931) | (1,664,341) | (3,462,410) | (2,391,634) | (8,735,811) | (16,220,160) |
| Other income (expense) | ||||||
| Derivative expense | 0 | (1,029,541) | (96,913) | (2,486,451) | (4,409,214) | (4,777,654) |
| Change in fair value of derivative liabilities | 272,681 | 9,854,045 | (5,771,963) | 1,496,874 | 5,899,968 | 5,162,100 |
| Gain (loss) on settlement of accounts payable and debt | 47,671 | 0 | 324,656 | (2,941,826) | (4,447,732) | (3,862,458) |
| Interest expense | (1,125) | (976,686) | (781,445) | (3,547,202) | (7,335,070) | (3,711,278) |
| Foreign currency transaction loss | (104) | (1,573) | (5,714) | (1,573) | 15,030 | 0 |
| Proceeds from License Fees Received | 10,000 | 250,000 | ||||
| Other income | 0 | 0 | 10,000 | 18,423 | 50,034 | (121,500) |
| Total other income (expense) - net | 319,123 | 7,846,245 | (6,321,379) | (7,461,755) | (10,216,984) | (7,060,790) |
| Net income (loss) | (2,421,808) | 6,181,904 | (9,783,789) | (9,853,389) | (18,952,795) | (23,280,950) |
| Net loss available to common stockholders | ||||||
| Net loss | (2,421,808) | 6,181,904 | (9,783,789) | (9,853,389) | (18,952,795) | (23,280,950) |
| Series C Preferred Stock dividend | 0 | (293) | ||||
| Net loss available to common stockholders | (18,952,795) | (23,280,657) | ||||
| Other comprehensive income | ||||||
| Net change in Foreign currency translation | 4,228 | 40,719 | (1,841) | 40,719 | (7,917) | 0 |
| Total other comprehensive income (loss) | 4,228 | 40,719 | (1,841) | 40,719 | (7,917) | 0 |
| Total comprehensive income (loss) | $ (2,417,580) | $ 6,222,623 | $ (9,785,630) | $ (9,812,670) | $ (18,960,712) | $ (23,280,657) |
| Net income (loss) per share available to common stockholders - basic and diluted (in dollars per share) | $ (0.34) | $ 3.78 | $ (1.72) | $ (6.44) | $ (13.00) | $ (70.30) |
| Weighted average number of common shares outstanding during the period - basic and diluted (in shares) | 7,226,849 | 1,633,676 | 5,686,323 | 1,530,850 | 1,458,757 | 331,158 |