Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Details 1)

v2.4.0.8
Acquisitions (Details 1) (USD $)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Revenues          
Revenues $ 1,035,952 $ 1,006,262 $ 3,149,555 $ 3,028,866 $ 4,079,745
Cost of revenues 268,507 307,061 864,519 1,007,288 1,300,325
Gross margin 767,445 699,201 2,285,036 2,021,578 2,779,420
Operating expenses          
General & administrative 1,324,355 636,322 2,644,677 2,350,850 2,984,531
Sales & marketing 1,491,563 406,815 3,289,904 1,135,934 1,562,520
Engineering, research, & development 214,374 156,156 465,614 452,129 562,459
Depreciation & amortization 89,133 130,579 181,262 431,962 549,151
Goodwill impairment         742,446
Intangible asset impairment         145,396
Total operating expenses 3,119,425 1,329,872 6,581,457 4,370,875 6,546,503
Loss from operations (2,351,980) (630,671) (4,296,421) (2,349,297) (3,767,083)
Other income/(expense)          
Interest income 385 252 406 2,821 2,833
Interest expense (807) (1,781,125) (6,347,360) (3,019,625) (4,559,564)
Change in fair value of derivative liabilities (51,913) (213,089) (3,865,511) 407,079 359,530
Gain (loss) on adjustment in contingent consideration    (157,943) (193,465) (81,161) 625,357
Total other income/(expense) (52,335) (1,725,727) (10,405,930) (2,690,886) (3,571,844)
Loss before income taxes (2,404,315) (2,356,398) (14,702,351) (5,040,183) (7,338,927)
Income tax expense               
Net loss (2,404,315) (2,356,398) (14,702,351) (5,040,183) (7,338,927)
Net loss per share - basic and diluted $ (0.02) $ (0.10) $ (0.28) $ (0.22) $ (0.32)
Weighted average number of shares during the period - basic and diluted 97,290,179 23,215,481 52,247,033 23,019,643 23,069,669
FDI [Member]
         
Revenues          
Revenues     162,280   347,797
Cost of revenues     54,371   183,819
Gross margin     107,909   163,978
Operating expenses          
General & administrative     71,720   155,568
Sales & marketing     4,888   45,292
Engineering, research, & development     87,994   199,953
Depreciation & amortization            
Goodwill impairment           
Intangible asset impairment           
Total operating expenses     164,602   400,813
Loss from operations     (56,693)   (236,835)
Other income/(expense)          
Interest income            
Interest expense     (6,785)   (4,105)
Change in fair value of derivative liabilities            
Gain (loss) on adjustment in contingent consideration            
Total other income/(expense)     (6,785)   (4,105)
Loss before income taxes     (63,478)   (240,940)
Income tax expense            
Net loss     (63,478)   (240,940)
Pro Forma ADJ [Member]
         
Revenues          
Revenues            
Cost of revenues            
Gross margin            
Operating expenses          
General & administrative            
Sales & marketing     229,258   1,541,050
Engineering, research, & development            
Depreciation & amortization     68,469   178,509
Goodwill impairment           
Intangible asset impairment           
Total operating expenses     297,727   1,719,559
Loss from operations     (297,727)   (1,719,559)
Other income/(expense)          
Interest income            
Interest expense          (234,115)
Change in fair value of derivative liabilities            
Gain (loss) on adjustment in contingent consideration            
Total other income/(expense)          (234,115)
Loss before income taxes     (297,727)   (1,953,674)
Income tax expense            
Net loss     (297,727)   (1,953,674)
Pro Forma [Member]
         
Revenues          
Revenues     3,311,835   4,427,542
Cost of revenues     918,890   1,484,144
Gross margin     2,392,945   2,943,398
Operating expenses          
General & administrative     2,716,397   3,140,099
Sales & marketing     3,524,050   3,148,862
Engineering, research, & development     553,608   762,412
Depreciation & amortization     249,731   727,660
Goodwill impairment         742,446
Intangible asset impairment         145,396
Total operating expenses     704,386   8,666,875
Loss from operations     (4,650,841)   (5,723,477)
Other income/(expense)          
Interest income     406   2,833
Interest expense     (6,354,145)   (4,797,784)
Change in fair value of derivative liabilities     (3,865,511)   359,530
Gain (loss) on adjustment in contingent consideration     (193,465)   625,357
Total other income/(expense)     (10,412,715)   (3,810,064)
Loss before income taxes     (15,063,566)   (9,533,541)
Income tax expense            
Net loss     $ (15,063,556)   $ (9,533,541)
Net loss per share - basic and diluted     $ (0.27)   $ (0.32)
Weighted average number of shares during the period - basic and diluted     55,824,239   30,069,669