2013 Q2 Form 10-Q Financial Statement

#000114420413042850 Filed on August 05, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $0.00 $0.00
YoY Change -100.0%
Cost Of Revenue $0.00 $0.00
YoY Change -100.0%
Gross Profit $0.00 $0.00
YoY Change -100.0%
Gross Profit Margin
Selling, General & Admin $1.401M $1.083M
YoY Change 29.32% 64.09%
% of Gross Profit
Research & Development $165.1K $241.3K
YoY Change -31.57% -58.4%
% of Gross Profit
Depreciation & Amortization $60.00K $50.00K
YoY Change 20.0% 0.0%
% of Gross Profit
Operating Expenses $1.566M $1.324M
YoY Change 18.23% 2.65%
Operating Profit -$1.623M -$1.374M
YoY Change 18.07% 26.07%
Interest Expense $1.180M $1.520M
YoY Change -22.37% -7700.0%
% of Operating Profit
Other Income/Expense, Net $1.177M $1.516M
YoY Change -22.38%
Pretax Income -$450.0K $140.0K
YoY Change -421.43% -112.73%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$446.0K $141.8K
YoY Change -414.57% -112.89%
Net Earnings / Revenue
Basic Earnings Per Share -$0.01 $0.00
Diluted Earnings Per Share -$0.01 $0.00
COMMON SHARES
Basic Shares Outstanding 39.79M shares 29.26M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $450.0K $0.00
YoY Change -100.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $30.00K $50.00K
YoY Change -40.0% -66.67%
Inventory $1.257M $1.170M
Prepaid Expenses $32.85K
Receivables $40.00K $20.00K
Other Receivables $10.00K $10.00K
Total Short-Term Assets $1.789M $1.260M
YoY Change 41.95% -4.55%
LONG-TERM ASSETS
Property, Plant & Equipment $27.80K $10.00K
YoY Change 178.04%
Goodwill
YoY Change
Intangibles $1.345M
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $60.00K
YoY Change -100.0%
Total Long-Term Assets $1.373M $1.430M
YoY Change -3.99% -0.69%
TOTAL ASSETS
Total Short-Term Assets $1.789M $1.260M
Total Long-Term Assets $1.373M $1.430M
Total Assets $3.161M $2.690M
YoY Change 17.53% -2.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $422.5K $1.120M
YoY Change -62.27% -7.44%
Accrued Expenses $329.9K $440.0K
YoY Change -25.03% 120.0%
Deferred Revenue
YoY Change
Short-Term Debt $370.0K $1.420M
YoY Change -73.94% 735.29%
Long-Term Debt Due $1.050M $480.0K
YoY Change 118.75% 300.0%
Total Short-Term Liabilities $2.279M $3.460M
YoY Change -34.14% 93.3%
LONG-TERM LIABILITIES
Long-Term Debt $180.0K $140.0K
YoY Change 28.57% -77.78%
Other Long-Term Liabilities $7.920M $1.100M
YoY Change 620.0% -64.05%
Total Long-Term Liabilities $8.100M $1.240M
YoY Change 553.23% -66.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.279M $3.460M
Total Long-Term Liabilities $8.100M $1.240M
Total Liabilities $10.37M $4.690M
YoY Change 121.14% -14.42%
SHAREHOLDERS EQUITY
Retained Earnings -$16.74M
YoY Change
Common Stock $444.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$7.210M -$2.000M
YoY Change
Total Liabilities & Shareholders Equity $3.161M $2.690M
YoY Change 17.53% -2.54%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income -$446.0K $141.8K
YoY Change -414.57% -112.89%
Depreciation, Depletion And Amortization $60.00K $50.00K
YoY Change 20.0% 0.0%
Cash From Operating Activities -$370.0K -$750.0K
YoY Change -50.67% 17.19%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities $0.00 $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 550.0K 760.0K
YoY Change -27.63% -733.33%
NET CHANGE
Cash From Operating Activities -370.0K -750.0K
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities 550.0K 760.0K
Net Change In Cash 180.0K 10.00K
YoY Change 1700.0% -101.25%
FREE CASH FLOW
Cash From Operating Activities -$370.0K -$750.0K
Capital Expenditures $0.00 $0.00
Free Cash Flow -$370.0K -$750.0K
YoY Change -50.67% 22.95%

Facts In Submission

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xxii Deferred Private Placement Cost Additions Included In Accounts Payable
DeferredPrivatePlacementCostAdditionsIncludedInAccountsPayable
5000 USD
xxii Deferred Financing And Other Debt Related Costs
DeferredFinancingAndOtherDebtRelatedCosts
0 USD
xxii Deferred Financing And Other Debt Related Costs
DeferredFinancingAndOtherDebtRelatedCosts
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us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
2034664 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 USD
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ProceedsExerciseOfWarrants
-542229 USD
xxii Proceeds Exercise Of Warrants
ProceedsExerciseOfWarrants
0 USD
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ProceedsFromContributedCapital
1660 USD
us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
xxii Issuance Of Common Stock In Exchange For Deferred Private Placement Payable
IssuanceOfCommonStockInExchangeForDeferredPrivatePlacementPayable
0 USD
xxii Issuance Of Common Stock In Exchange For Deferred Private Placement Payable
IssuanceOfCommonStockInExchangeForDeferredPrivatePlacementPayable
-36875 USD
xxii Reclassification Of Derivative Liability To Equity
ReclassificationOfDerivativeLiabilityToEquity
204513 USD
xxii Reclassification Of Derivative Liability To Equity
ReclassificationOfDerivativeLiabilityToEquity
0 USD
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us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0 USD
xxii Supplemental Accounts Payable
SupplementalAccountsPayable
769377 USD
xxii Supplemental Accounts Payable
SupplementalAccountsPayable
396629 USD
xxii Deferred Private Placement Costs Charged To Contributed Capital
DeferredPrivatePlacementCostsChargedToContributedCapital
0 USD
xxii Deferred Private Placement Costs Charged To Contributed Capital
DeferredPrivatePlacementCostsChargedToContributedCapital
4526 USD
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
0 USD
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
786500 USD
xxii Issuance Of Common Stock Value In Payments Of Financing Cost
IssuanceOfCommonStockValueInPaymentsOfFinancingCost
416666 shares
xxii Issuance Of Common Stock Value In Payments Of Financing Cost
IssuanceOfCommonStockValueInPaymentsOfFinancingCost
0 shares
us-gaap Use Of Estimates
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<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong><em>Use of Estimates</em></strong> <strong>-</strong> The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. Actual results could differ from those estimates.</div> </div>
xxii Fees And Expense Reimbursements Paid
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1800000 USD
CY2013Q2 us-gaap Intangible Assets Gross Excluding Goodwill
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2326630 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
981550 USD
CY2012Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2226586 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
873282 USD
CY2013Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
CY2012Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5859 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
225000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
225000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
225000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
225000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
225000 USD
CY2013Q2 xxii Volume Of Commodity Sold
VolumeOfCommoditySold
0 Number
xxii Volume Of Commodity Sold
VolumeOfCommoditySold
0 Number
CY2012 xxii Volume Of Commodity Sold
VolumeOfCommoditySold
12000000 Number
CY2011 xxii Volume Of Commodity Sold
VolumeOfCommoditySold
12000000 Number
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 36.3pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong><em>Reclassifications</em></strong> <em>-</em> Certain items in the 2012 financial statements have been reclassified to conform to the 2013 classification.</div> </div>
CY2013Q2 xxii Contract Settlement Expected Costs
ContractSettlementExpectedCosts
1000000 USD
CY2013Q2 us-gaap Deferred Set Up Costs Noncurrent
DeferredSetUpCostsNoncurrent
40000 USD
CY2012Q4 xxii Total Carrying Amount Of Convertible Notes
TotalCarryingAmountOfConvertibleNotes
1409000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
2035000 USD
CY2013Q2 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.0999 pure
CY2013Q2 xxii Percentage Of Common Stock Monetary Damages
PercentageOfCommonStockMonetaryDamages
0.02 pure
xxii Non Cash Consideration Expense
NonCashConsiderationExpense
3987655 USD
xxii Increase Decrease In Capital
IncreaseDecreaseInCapital
204513 USD
xxii Issuance Of Preferred Stock Commission Description
IssuanceOfPreferredStockCommissionDescription
ten percent (10%) of the cash received by the Company and (ii) 416,666 shares of common stock. In the event the Purchasers exercise for cash any of the Warrants, then the Company will also pay an additional cash commission to Chardan Capital Markets LLC equal to eight percent (8%) (with no additional equity) of any such additional cash amounts received by us. The Comany owed $47,150 to Chardan Capital Markets, LLC as of June 30, 2013 as a result of the cash exercise of 982,300 Series B Warrants. This amount is included in accrued expenses on the balance sheet. In July 2013, the Company paid $100,000 to Chardan Capital Markets, LLC in full satisfaction of the commission due on the cash exercise of all Series B Warrants. As a result of the Series C Warrant exercise in August 2013, an additional $60,000 commission will be paid to Chardan Capital Markets, LLC. In conjunction with the Series A-1 Preferred Stock private placement, the Company issued 203,167 lock-up warrants to stockholders that participated in previous private placements. These warrants were valued at $168,402 and are considered liabilities due to a down round provision. This amount was also considered a cost of the Series A-1 Preferred Stock private placement. After deducting fees and expenses, the aggregate net proceeds from the sale of the Series A-1 Preferred Shares and the Warrants were $2.035million. The net proceeds were earmarked for the payment of certain financial obligations and for working capital and other general corporate purposes
CY2012Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1710833 shares
CY2012Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
1710833 shares
CY2012Q2 us-gaap Sale Of Stock Consideration Received Per Transaction
SaleOfStockConsiderationReceivedPerTransaction
1026500 USD
CY2012Q2 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
786500 USD
CY2012Q2 us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
150000 USD
CY2012Q2 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.04 pure
CY2012Q2 xxii Non Cash Equity Method Investments
NonCashEquityMethodInvestments
90000 USD
CY2012Q2 xxii Warrants Exercise Price
WarrantsExercisePrice
1.00
CY2012Q2 xxii Issuance Of Warrant Value
IssuanceOfWarrantValue
1841000 USD
CY2012Q2 xxii Non Cash Consideration Expense
NonCashConsiderationExpense
814500 USD
CY2012Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
3238000 shares
CY2012Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
1619000 shares
CY2012Q4 us-gaap Sale Of Stock Consideration Received Per Transaction
SaleOfStockConsiderationReceivedPerTransaction
809500 USD
CY2012Q4 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
681000 USD
CY2012Q4 us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
98500 USD
CY2012Q4 xxii Forgiveness Of Directors Fees
ForgivenessOfDirectorsFees
30000 USD
CY2012Q4 xxii Warrants Exercise Price
WarrantsExercisePrice
1.00
CY2012Q4 xxii Issuance Of Warrant Value
IssuanceOfWarrantValue
353747 USD
CY2013Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.04 pure
CY2012Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.04 pure
us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0075 pure
CY2012 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0075 pure
CY2013Q2 xxii Loan Repayment Terms Minimum
LoanRepaymentTermsMinimum
P30D
us-gaap Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
1000000 USD
CY2013Q2 us-gaap Notes Payable
NotesPayable
1225013 USD
CY2012Q4 us-gaap Notes Payable
NotesPayable
617000 USD
CY2011Q4 us-gaap Share Price
SharePrice
0.90
CY2012Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
328197 USD
CY2012Q4 xxii Convertible Notes Face Amount
ConvertibleNotesFaceAmount
120750 USD
CY2012Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
55000 USD
CY2012 xxii Conversion Of Convertible Notes Shares Of Common Stock Per Convertible Note
ConversionOfConvertibleNotesSharesOfCommonStockPerConvertibleNote
161494 shares
CY2012 xxii Warrants Issued To Purchase Common Stock
WarrantsIssuedToPurchaseCommonStock
193793 shares
CY2012Q4 xxii Unamortized Discount On Convertible Notes
UnamortizedDiscountOnConvertibleNotes
66000 USD
CY2012 xxii Warrant Liabilities Fair Value
WarrantLiabilitiesFairValue
152000 USD
CY2012 us-gaap Interest Expense Debt
InterestExpenseDebt
31000 USD
CY2013Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
1.50
CY2013Q1 xxii Convertible Notes Face Amount
ConvertibleNotesFaceAmount
396750 USD
CY2013Q1 xxii Warrant Liabilities Fair Value
WarrantLiabilitiesFairValue
1445091 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
17386 USD
CY2013Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
24233 USD
CY2013Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
222600 USD
CY2013Q2 xxii Convertible Debt Fair Value
ConvertibleDebtFairValue
222600 USD
CY2012Q4 xxii Convertible Debt Fair Value
ConvertibleDebtFairValue
2028100 USD
CY2013Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
-11545 USD
CY2013Q2 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
198367 USD
CY2012Q4 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
1893804 USD
CY2011 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
22500 USD
CY2013Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
0.60
CY2013Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
0.60
xxii Warrant Exercise Price
WarrantExercisePrice
0.72
CY2013Q2 xxii Loss As Result Of Change In Fair Value
LossAsResultOfChangeInFairValue
1258502 USD
xxii Loss As Result Of Change In Fair Value
LossAsResultOfChangeInFairValue
4229982 USD
CY2011Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
550000 USD
CY2012 xxii Change In Fair Value Of Warrant Liabilities
ChangeInFairValueOfWarrantLiabilities
1183543 USD
CY2011Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
8668701 shares
CY2012Q4 xxii Class Of Warrant Or Right Issued
ClassOfWarrantOrRightIssued
3523033 shares
CY2012 xxii Common Stock Warrants Issued Additional Number
CommonStockWarrantsIssuedAdditionalNumber
780930 shares
CY2012 xxii Number Of Warrants Exercised
NumberOfWarrantsExercised
0 shares
xxii Common Stock Warrants Issued Additional Number
CommonStockWarrantsIssuedAdditionalNumber
896223 shares
CY2013Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
22984827 shares
CY2013Q2 xxii Class Of Warrant Or Right Issued
ClassOfWarrantOrRightIssued
10098240 shares
xxii Change In Fair Value Of Warrant Liabilities
ChangeInFairValueOfWarrantLiabilities
-4229982 USD
CY2012Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
12972664 shares
CY2013Q2 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
3369 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
23558 USD
CY2013Q2 us-gaap Defined Benefit Plan Funded Percentage
DefinedBenefitPlanFundedPercentage
0.03 pure
xxii Lease Term
LeaseTerm
P3Y
xxii Agreement Expiration Period
AgreementExpirationPeriod
2022
xxii Milestone Payment
MilestonePayment
150000 USD
CY2013Q2 xxii Annual License Fee
AnnualLicenseFee
75000 USD
CY2012Q2 xxii Patent Initiative Expenses
PatentInitiativeExpenses
13448 USD
CY2013Q2 xxii Patent Initiative Expenses
PatentInitiativeExpenses
9150 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
28000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
45000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
10000 USD
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
38059566 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
27991393 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2013Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2012Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2013Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
39794189 shares
CY2012Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
29257426 shares
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
26019860 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17303887 shares
CY2013Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
168000 USD
CY2013Q2 xxii Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedGrantDateFairValue
51000 USD
CY2013Q2 xxii Unrecognized Compensation Expense To Be Recognized In Next Twelve Months
UnrecognizedCompensationExpenseToBeRecognizedInNextTwelveMonths
68000 USD
CY2013Q2 xxii Unrecognized Compensation Expense To Be Recognized In Year Two
UnrecognizedCompensationExpenseToBeRecognizedInYearTwo
100000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.68
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.60
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
186959 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
242020 USD
us-gaap Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
0.0189 pure
us-gaap Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
0.0171 pure
us-gaap Fair Value Assumptions Expected Dividend Rate
FairValueAssumptionsExpectedDividendRate
0 pure
us-gaap Fair Value Assumptions Expected Dividend Rate
FairValueAssumptionsExpectedDividendRate
0 pure
us-gaap Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
0.9 pure
us-gaap Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
0.9 pure
us-gaap Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
P10Y
us-gaap Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
P10Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
215000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
680000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
680000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.69
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.80
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.73
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.73
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y1M6D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P9Y1M6D
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
25200 USD
CY2013Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
25200 USD
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
465000 shares

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