Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v2.4.0.6
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Condensed Consolidated Statements of Operations [Abstract]    
Revenues $ 2,142,932 $ 1,653,430
Cost of goods sold 560,243 439,158
Gross profit 1,582,689 1,214,272
Costs and expenses:    
Sales and marketing 1,893,541 1,628,608
Research and development 406,943 296,131
General and administrative 1,605,759 1,230,608
Total costs and expenses 3,906,243 3,155,347
Loss from operations (2,323,554) (1,941,075)
Other income (expense):    
Interest expense (1,067,621) (125,125)
Interest expense - deferred financing costs (44,216) (34,951)
Other income (expense) (2,117) (8,174)
Total other income (expense) (1,113,954) (168,250)
Net loss (3,437,508) (2,109,325)
Net loss available to common shareholders $ (3,437,508) $ (2,109,325)
Weighted Average Common Shares outstanding - basic and diluted 11,124,633 11,062,339
Loss Per Common share - basic and diluted $ (0.31) $ (0.19)