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STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended 110 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Cash flows from operating activities      
Net loss $ (2,373,999) $ (1,307,777) $ (103,054,786)
Adjustments to reconcile net loss to net cash used in operating activities      
Stock payable for acquired research and development     112,440
Stock issued for acquired research and development     26,286,589
Stock issued for services   87,028 2,061,743
Stock issued for debt in excess of principal     109,070
Amortization of discount on notes payable due to warrants and beneficial conversion feature     6,752,698
Gain on extinguishment of debt     (1,612,440)
Depreciation 67,355 29,634 1,413,836
Amortization of debt financing costs     524,378
Option expense 205,420 95,470 15,780,627
Gain on derivative instruments     (1,388,848)
Loss on disposition of fixed assets     510,248
Changes in:      
Other current assets (880,983) (28,249) (1,422,429)
Accounts payable - third parties and related parties 1,022,532 294,033 933,291
Accrued expenses (225,743) 38,825 296,477
Net cash used in operating activities (2,185,418) (791,036) (52,697,106)
Cash flows from investing activities      
Purchase of property & equipment (245,841) (194,034) (1,917,651)
Net cash used in investing activities (245,841) (194,034) (1,917,651)
Cash flows from financing activities      
Common stock and warrants sold for cash, net of offering costs   8,618,157 49,072,488
Common stock repurchased and canceled     (325)
Proceeds from exercise of warrants and options     1,248,588
Proceeds from debt     9,283,184
Repayments on notes payable   (17,637) (311,222)
Net cash provided by financing activities   8,600,520 59,292,713
Net change in cash and cash equivalents (2,431,259) 7,615,450 4,677,956
Cash and cash equivalents at beginning of period 7,109,215 3,812,535  
Cash and cash equivalents at end of period 4,677,956 11,427,985 4,677,956
Cash paid for:      
Income tax         
Interest 487 1,135 153,650
NON-CASH TRANSACTIONS      
Issuance of common stock to Sportan shareholders     147,733
Issuance of common stock for accrued interest     603,604
Issuance of warrants to placement agent     37,453
Conversion of notes payable to common stock     7,709,980
Conversion of accrued liabilities to common stock     197,176
Conversion of accounts payable to note payable     93,364
Discount on convertible notes relating to:      
Warrants     3,659,737
Beneficial conversion feature     1,805,519
Stock attached to notes     1,287,440
Fair value of derivative instrument     4,680,220
Derivative reclassified to equity     587,609
Unpaid additions to property and equipment $ 182,952 $ 136,266 $ 182,952