Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

v2.4.0.8
Condensed Consolidated Statements Of Operations (USD $)
3 Months Ended 63 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Condensed Consolidated Statements Of Operations      
Revenues    $ 55,446 $ 3,228,649
Costs and expenses:      
Cost of goods sold    28,351 1,047,680
Operating expenses 20,287 29,209 1,667,480
License maintenance fees 75,000 50,000 1,650,000
Marketing and development 62,943 89,770 1,705,018
Selling, general and administrative expenses 480,793 397,008 3,923,474
Depreciation and amortization 43,507 44,724 660,886
Professional fees 232,852 219,489 2,552,150
Stock based compensation 2,188,675 189,366 6,890,065
Impairment of fixed assets       800,000
Impairment of goodwill       3,555,304
Total costs and expenses 3,104,057 1,047,917 24,452,057
Operating loss (3,104,057) (992,471) (21,223,408)
Other income (expense)      
Interest expense (298,209) (123,120) (1,325,647)
Loss on disposal of fixed assets       (19,504)
Gain on forgiveness of liabilities       360,656
Total other income (expense) (298,209) (123,120) (984,495)
Net loss from continuing operations (3,402,266) (1,115,591) (22,207,903)
Net gain from discontinued operations       74,517
Net Loss $ (3,402,266) $ (1,115,591) $ (22,133,386)
Net loss per common share - basic and diluted:      
Continuing operations $ (0.09) $ (0.03)  
Discontined operations        
Total $ (0.09) $ (0.03)  
Weighted average common shares outstanding 37,318,502 33,335,712