Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF OPERATIONS

v2.4.0.8
CONDENSED STATEMENTS OF OPERATIONS (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenue:        
Software and hardware sales $ 13,607    $ 80,331 $ 72,085
Services 121,812 223,018 182,253 357,992
Total Revenue 135,419 223,018 262,584 430,077
Cost of Revenue:        
Software and hardware 24,287 1,277 60,505 6,792
Services 18,496 98,965 54,714 191,986
Total Cost of Revenue 42,783 100,242 115,219 198,778
Gross Profit 92,636 122,776 147,365 231,299
Operating Expenses        
Administrative and general 55,234 92,460 158,493 147,655
Salaries and employee benefits 98,556 131,659 247,546 260,222
Professional fees 23,565 20,700 40,400 46,648
Total Operating Expenses 177,355 244,819 446,439 454,525
Loss from Operations (84,719) (122,043) (299,074) (223,226)
Other Income (Expenses):        
Finance fees earned on sales    7,428    9,229
Gain on Settlement 5,200    5,200   
Factoring fees    (6,895)    (12,648)
Loss on Fixed Asset Disposal (305)    (305)   
Interest expense (40,325) (40,236) (78,017) (84,500)
Total Other Income Expense, net (35,430) (39,703) (73,122) (87,919)
Net Loss $ (120,149) $ (161,746) $ (372,196) $ (311,145)
Basic and Fully Diluted Loss per Share:        
Basic and fully diluted $ 0.00 $ 0.00 $ 0.00 $ 0.00
Weighted average common shares outstanding 113,514,078 68,937,140 110,010,281 68,798,501