Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
NET LOSS $ (1,487,378) $ (289,401) $ (2,653,288) $ (673,073)
OTHER COMPREHENSIVE LOSS, NET OF TAX        
Foreign currency translation adjustment (a) [1] 267,811 (13,800) (87,495) 117,029
COMPREHENSIVE LOSS $ (1,219,567) $ (303,201) $ (2,740,783) $ (556,044)
[1] Net of taxes of $7,105 and $60,288 for the three and six months ended June 30, 2014, respectively. No tax effect has been recorded in 2015 as the Company recorded a valuation allowance against the tax benefit from its foreign currency translation adjustment.