XML 22 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
Statements of Operations (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues:    
Product sales$ 480$ 1,375$ 8,035$ 4,495
Sublicense Fee50,000 50,000 
Total revenues50,4801,37558,0354,495
Cost of revenues:    
Product sales1926004,2112,695
Total cost of revenues1926004,2112,695
Gross Margin50,28877553,8241,800
Operating expenses:    
Research and development expenses88,093102,268268,322301,386
Selling, general and administrative expenses426,465193,538738,185506,105
Total operating expenses514,558295,8061,006,507807,491
Operating loss(464,270)(295,031)(952,683)(805,691)
Other income (expense)    
Derivative income (expense)(9,954)148,555(9,122)996,345
Interest expense(60,583)(24,173)(122,008)(70,517)
Interest and other income  450140
Net income (loss)(534,807)(170,649)(1,083,363)120,277
Preferred stock dividends(4,250)(1,228)(12,706)(1,228)
Net income (loss) applicable to common shareholders$ (539,057)$ (171,877)$ (1,096,069)$ 119,049
Basic net income ( loss) per share (in Dollars per share)$ (0.01)$ 0.00$ (0.02)$ 0.00
Diluted net income ( loss) per share (in Dollars per share)$ (0.01)$ 0.00$ (0.02)$ 0.00
Basic weighted average shares outstanding (in Shares)67,086,69254,600,49763,220,24053,775,893
Diluted weighted average shares outstanding (in Shares)67,086,69254,600,49763,220,24055,082,699