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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 592,004 $ 7,109,215
Other current assets 1,077,546 124,773
Total current assets 1,669,550 7,233,988
Property & equipment, net of accumulated depreciation of $1,494,510 and $1,193,601, respectively 1,265,041 1,029,236
Restricted cash 1,000,000  
Deferred financing costs, net of amortization of $58,639 and $0, respectively 211,479  
Total assets 4,146,070 8,263,224
Current liabilities:    
Accounts payable 412,096 491,315
Accrued expenses 473,879 576,545
Total current liabilities 885,975 1,067,860
Long term liabilities:    
Total liabilities 1,262,738 1,067,860
Commitments and contingencies      
Stockholders' equity:    
Preferred stock, no par value, 10,000,000 shares authorized, none issued and outstanding      
Common stock, $0.01 par value, 100,000,000 shares authorized, 6,249,369 and 5,762,028 shares issued and outstanding 62,494 57,621
Additional paid in capital 112,432,458 107,818,530
Deficit accumulated during the development stage (109,611,620) (100,680,787)
Total stockholders' equity 2,883,332 7,195,364
Total liabilities and stockholders' equity 4,146,070 8,263,224
Unrelated Party
   
Long term liabilities:    
Convertible debt, net of unamortized discount 318,658  
Related Party Transactions
   
Long term liabilities:    
Convertible debt, net of unamortized discount $ 58,105