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Consolidated Statements of Operations (USD $)
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12 Months Ended | |
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Dec. 31, 2014
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Dec. 31, 2013
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| Sales | $ 2,114,912us-gaap_SalesRevenueNet | $ 2,844,101us-gaap_SalesRevenueNet |
| Cost of sales | (2,127,086)us-gaap_CostOfGoodsAndServicesSold | (2,613,998)us-gaap_CostOfGoodsAndServicesSold |
| Gross (loss) profit | (12,174)us-gaap_GrossProfit | 230,103us-gaap_GrossProfit |
| Operating Expenses | ||
| Selling and marketing | 335,754us-gaap_SellingAndMarketingExpense | 283,628us-gaap_SellingAndMarketingExpense |
| General and administrative | 7,910,767us-gaap_GeneralAndAdministrativeExpense | 7,420,431us-gaap_GeneralAndAdministrativeExpense |
| Depreciation and amortization | 279,082us-gaap_DepreciationDepletionAndAmortization | 533,630us-gaap_DepreciationDepletionAndAmortization |
| Total operating expenses | 8,525,603us-gaap_OperatingExpenses | 8,237,689us-gaap_OperatingExpenses |
| Loss from Operations | (8,537,777)us-gaap_OperatingIncomeLoss | (8,007,586)us-gaap_OperatingIncomeLoss |
| Other Expenses | ||
| Interest expense, net | 305,524us-gaap_InterestExpense | 406,721us-gaap_InterestExpense |
| Loss on extinguishment of convertible debt | 220,126us-gaap_GainsLossesOnExtinguishmentOfDebt | 378,523us-gaap_GainsLossesOnExtinguishmentOfDebt |
| Total other expenses | 525,650us-gaap_NonoperatingIncomeExpense | 785,244us-gaap_NonoperatingIncomeExpense |
| Net Loss | (9,063,427)us-gaap_NetIncomeLoss | (8,792,830)us-gaap_NetIncomeLoss |
| Cumulative preferred stock dividends | (672,766)us-gaap_PreferredStockDividendsIncomeStatementImpact | (1,132,764)us-gaap_PreferredStockDividendsIncomeStatementImpact |
| Net Loss Attributable to Common Stockholders | $ (9,736,193)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | $ (9,925,594)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic |
| Net Loss Per Share Attributable to Common Stockholders: | ||
| Basic and Diluted (in dollars per share) | $ (0.34)us-gaap_EarningsPerShareBasicAndDiluted | $ (0.42)us-gaap_EarningsPerShareBasicAndDiluted |
| Weighted Average Number of Common Shares Outstanding: | ||
| Basic and Diluted (in shares) | 28,697,949us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 23,821,765us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted |
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- Definition
The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. No definition available.
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- Details
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. No definition available.
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Definition
Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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