Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v2.4.0.8
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenue:    
SG Block sales $ 1,008,646 $ 420,694
Engineering services 23,890   
Project management 1,734 535,474
Total revenue 1,034,270 956,168
Cost of revenue:    
SG Block sales 778,645 322,354
Engineering services 8,044   
Project management 13,449 578,560
Total cost of revenue 800,138 900,914
Gross profit 234,132 55,254
Operating expenses:    
Payroll and related expenses 240,313 344,535
General and administrative expenses 220,002 165,466
Marketing and business development expense 14,155 15,263
Pre-project expenses 14,070 7,215
Total 488,540 532,479
Operating loss (254,408) (477,225)
Other income (expense):    
Interest expense (183,599) (149,770)
Interest income 8 34
Change in fair value of financial instruments (80,215) 219,495
Total (263,806) 69,759
Net loss (518,214) (407,466)
Comprehensive loss    
Foreign currency translation adjustment    1,036
Total comprehensive loss $ (518,214) $ (406,430)
Net loss per share - basic and diluted:    
Basic and diluted $ (0.01) $ (0.01)
Weighted average shares outstanding:    
Basic and diluted 42,746,480 42,198,093