| |
|
Financial Highlights |
|
|
|
|
| |
|
|
|
|
|
|
|
|
| SELECTED INCOME STATEMENT INFORMATION |
| |
| |
Twelve Months Ended
|
|
|
| |
|
|
|
| |
12/31/2008
|
|
12/31/2007
|
|
|
| |
|
|
|
| |
| Gross Sales |
$ |
4,599,303
|
|
$ |
2,348,068
|
|
|
|
| Sales Discounts, Returns & Allowances |
$ |
(87,147)
|
|
$ |
(168,070)
|
|
|
|
| |
|
|
|
|
|
| Net Sales |
$ |
4,512,156
|
|
$ |
2,179,998
|
|
|
|
| |
| Gross Profit |
$ |
80,180
|
|
$ |
89,268
|
|
|
|
| |
| Gross Margin |
|
1.8%
|
|
|
4.1%
|
|
|
|
| |
| Operating Expenses |
$ |
13,279,369
|
|
$ |
12,014,541
|
|
|
|
| |
| Net Income/(Loss) |
$ |
(12,748,701)
|
|
$ |
(11,678,235)
|
|
|
|
| |
| SELECTED ADDITIONAL INFORMATION |
| |
| Cash |
$ |
501,699
|
|
$ |
8,593,714
|
|
|
|
| |
| Debt |
$ |
216,356
|
|
$ |
15,013
|
|
|
|
| |
| Weighted-Average Shares Outstanding |
|
265,767,377
|
|
|
238,393,888
|
|
|
|
| |
| Earnings Per Share |
$ |
(0.05)
|
|
$ |
(0.05)
|
|
|
|
| |
|
|
|
