Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY

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CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (USD $)
Total
Series A Preferred Stock [Member]
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accmulated Deficit Member]
Balance at Dec. 31, 2013 $ 4,689,558 $ 68,713 $ 237,614 $ (14,070) $ 50,847,039 $ (6,202,701) $ (40,247,037)
Balance (Shares) at Dec. 31, 2013   6,871,363 23,761,436 4,411      
Stock-based compensation:               
Common stock issued under 401(k) profit sharing plan 48,272 0 215 0 48,057 0 0
Common stock issued under 401(k) profit sharing plan (in shares)   0 21,454 0      
Options and warrants 425,771 0 0 0 425,771 0 0
Options and warrants (in shares)   0 0 0      
Common stock issued for services 136,091 0 605 0 135,486 0 0
Common stock issued for services (in shares)   0 60,485 0      
Common stock issued for exercised options 49,959 0 1,977 0 47,982 0 0
Common stock issued for exercised options (in shares)   0 197,726 0      
Series A convertible preferred stock issued for cash 4,900,677 21,307 0 0 4,879,370 0 0
Series A convertible preferred stock issued for cash (in shares)   2,130,734 0 0      
Exchange of 12.5 % convertible notes for Series A convertible preferred stock 213,465 928 0 0 212,537 0 0
Exchange of 12.5 % convertible notes for Series A convertible preferred stock (in shares)   92,811 0 0      
Exchange of 10 % convertible notes for Series A convertible preferred stock 880,038 3,826 0 0 876,212 0 0
Exchange of 10 % convertible notes for Series A convertible preferred stock (in shares)   382,625 0 0      
Comprehensive loss:              
Net loss (4,724,942) 0 0 0 0 0 (4,724,942)
Other comprehensive loss (1,522,985) 0 0 0 0 (1,522,985) 0
Balance at Jun. 30, 2014 $ 5,095,904 $ 94,774 $ 240,411 $ (14,070) $ 57,472,454 $ (7,725,686) $ (44,971,979)
Balance (Shares) at Jun. 30, 2014   9,477,533 24,041,101 4,411