XML 22 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:    
Net loss $ (6,026,922) $ (6,802,014)
Adjustments to reconcile net loss to net cash used in operating activities:    
Net income in equity method investment (141,642) 0
Depreciation and amortization 392,992 453,136
Accretion of obligation for lease disposal costs 36,813 34,009
(Gain)/Loss on disposal of property, plant and equipment (5,926) 14,635
Accretion of beneficial conversion feature 2,665,006 409,994
Equity based compensation 1,411,476 739,024
Changes in operating assets and liabilities:    
Accounts receivable 40,908 (22,424)
Prepaids and other assets (4,990) 4,300
Inventories 216,547 185,823
Accounts payable and accrued liabilities 1,482,657 419,961
Net cash used in operating activities 66,919 (4,563,556)
Cash flows from investing activities:    
Restricted certificate of deposit (521) (163,614)
Due from related party 87,500 (87,500)
Dividends received from equity method investment 84,738 0
Additional investment in TI Services LLC 0 (182,450)
Net decrease in investment in RadQual 0 35,080
Proceeds from sale of property, plant and equipment 21,281 3,800
Purchase of property, plant and equipment (3,528,707) (9,931)
Net cash provided by (used in) investing activities (3,335,709) (404,615)
Cash flows from financing activities:    
Proceeds from contribution by non-controlling interests 20,000 0
Proceeds from issuance of convertible debentures 0 3,075,000
Proceeds from issuance of debt 45,000 0
Proceeds from exercise of warrants 1,543,750 0
Proceeds from sale of stock and warrants 12,197 5,836,389
Principal payments on notes payable and capital leases (486,764) (167,006)
Net cash provided by financing activities 1,134,183 8,744,383
Net increase (decrease) in cash and cash equivalents (2,134,607) 3,776,212
Cash and cash equivalents at beginning of period 4,237,303 461,091
Cash and cash equivalents at end of period 2,102,696 4,237,303
Supplemental disclosure of cash flow activities:    
Cash paid for interest 65,152 71,479
Supplemental disclosure of noncash transactions:    
Increase in equity for the beneficial conversion feature associated with the convertible debentures 2,372,143 702,857
Increase in equity for the conversion of the convertible debentures of $3,075,000 and accrued interest of $184,500 $ 3,259,500 $ 0