Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v2.4.0.8
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenue:        
Product revenues $ 56,000 $ 1,000 $ 144,000 $ 2,000
License revenues 0 0 0 0
TOTAL REVENUE 56,000 1,000 143,000 2,000
Cost of Product Revenue 12,000 0 81,000 1,000
Gross profit (loss) 44,000 1,000 63,000 1,000
Operating Expenses:        
Research and development 0 0 0 0
Selling, general and administrative 118,000 1,031,000 484,000 1,427,000
Total operating expenses 118,000 1,031,000 484,000 1,427,000
Loss from Operations (74,000) (1,030,000) (421,000) (1,426,000)
Change in value of warrant and derivative liabilities 15,000 (212,000) 1,375,000 (357,000)
Interest expense (256,000) (1,166,000) (787,000) (1,240,000)
Total Other Income (Expense) (241,000) (1,378,000) 588,000 (1,597,000)
Income/(loss) before minority interest and provision for income taxes (315,000) (2,408,000) 167,000 (3,023,000)
Plus: net (income) loss attributable to the noncontrolling interest 9,000 13,000 (5,000) 13,000
Income (loss) before provision for income taxes (306,000) (2,395,000) 162,000 (3,010,000)
Provision for income taxes 0 0 0 0
Net income/(loss) $ (306,000) $ (2,395,000) $ 162,000 $ (3,010,000)
Weighted Average Shares Outstanding - Basic 573,051,524 329,272,365 560,220,983 306,126,761
Weighted Average Shares Outstanding - Diluted 573,051,524 329,272,365 616,508,334 306,126,761
Income (loss) per share - Basic $ 0.00 $ (0.01) $ 0.00 $ (0.01)
Income (loss) per share - Diluted $ 0.00 $ (0.01) $ 0.00 $ (0.01)