XML 41 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
BALANCE SHEET (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 443,472 $ 644,804
Accounts receivable 380,238 299,256
Inventory 544,535 469,302
Prepaid expenses and other assets 136,887 136,827
Total current assets 1,505,132 1,550,189
Long Term Assets    
Note receivable 550,650 523,150
Other assets 11,892 11,892
Property and equipment, net 1,800,306 2,445,965
Total long term assets 2,362,848 2,981,007
TOTAL ASSETS 3,867,980 4,531,196
Current Liabilities    
Accounts payable 374,566 328,887
Accrued expenses and other 194,144 173,534
Accrued liquidated damages 36,178 36,178
Derivative liabilities 95,049 8,025,381
Total Current Liabilities 699,937 8,563,980
Total Liabilities 699,937 8,563,980
Stockholders' Equity (Deficit)    
Common stock, $0.00005 par value; authorized 200,000,000 shares; issued and outstanding 39,449,138 and 25,032,444 shares, December 31, 2013 and 2012, respectively 1,973 1,252
Common stock payable 0 2,358,107
Additional paid-in capital 130,039,561 104,891,849
Accumulated deficit (126,873,491) (113,441,230)
Total Stockholders' Equity (Deficit) 3,168,043 (4,032,784)
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT) 3,867,980 4,531,196
Series II [Member]
   
Stockholders' Equity (Deficit)    
Convertible Preferred Stock Series II, $0.01 par value; authorized 1,000,000 shares, issued and outstanding 0 and 665,339 shares, December 31, 2013 and 2012, respectively $ 0 $ 2,157,238