Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Comprehensive Loss

v2.4.0.8
Condensed Consolidated Statements of Comprehensive Loss (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Statement Of Income And Comprehensive Income [Abstract]        
Revenue    $ 1,000,000    $ 1,000,000
Cost of revenue            
Gross profit    1,000,000    1,000,000
Operating costs and expenses:        
Research and development 1,032,681 956,410 1,597,571 1,576,916
General and administrative 1,607,210 1,075,993 4,001,415 1,957,927
Total operating costs and expenses 2,639,891 2,032,403 5,598,986 3,534,843
Loss from operations (2,639,891) (1,032,403) (5,598,986) (2,534,843)
Other income (expense):        
Loss on disposal of subsidiaries       (1,069,675)   
Other income (expense) (128,186) 85,239 (162,607) 201,355
Interest income 10,698 9,465 11,742 20,181
Interest expense (1,489) (632) (2,373) (632)
Total other income (expense) (118,977) 94,072 (1,222,913) 220,904
Loss before income taxes (2,758,868) (938,331) (6,821,899) (2,313,939)
Income tax            
Net loss (2,758,868) (938,331) (6,821,899) (2,313,939)
Other comprehensive income (loss)        
Foreign currency translation adjustment 397,760 8,913 523,641 (1,211,136)
Total comprehensive loss $ (2,361,108) $ (929,418) $ (6,298,258) $ (3,525,075)
Net loss per share of common stock, basic and diluted $ (0.02) $ (0.01) $ (0.05) $ (0.02)
Weighted-average shares of common stock outstanding, basic and diluted 136,052,498 119,831,943 134,087,670 119,831,943