| Summary of the Company's unaudited quarterly results of operations |
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2012 |
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First |
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Second |
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Third |
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Fourth |
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Revenue
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$ |
380,527 |
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$ |
256,407 |
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$ |
264,248 |
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$ |
430,582 |
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Total operating expenses
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1,661,192 |
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7,012,848 |
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2,196,762 |
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2,014,801 |
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Net loss
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(1,616,908 |
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(6,928,771 |
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(2,555,941 |
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(1,988,826 |
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Loss per share:
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Basic and Diluted
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$ |
(0.25 |
) |
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$ |
(0.52 |
) |
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$ |
(0.11 |
) |
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$ |
(0.07 |
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2011 |
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First |
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Second |
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Third |
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Fourth |
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Revenue
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$ |
349,937 |
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$ |
347,569 |
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$ |
350,351 |
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$ |
396,590 |
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Total operating expenses
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1,770,347 |
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2,323,126 |
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1,927,049 |
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2,056,661 |
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Net loss
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(1,559,013 |
) |
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(2,373,243 |
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(1,807,290 |
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(1,939,322 |
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Loss per share:
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Basic and Diluted
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$ |
(0.28 |
) |
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$ |
(0.42 |
) |
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$ |
(0.32 |
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$ |
(0.33 |
) |
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