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Supplemental Cash Flow Disclosures - Non-Cash Transactions
3 Months Ended 12 Months Ended
Mar. 31, 2013
Dec. 31, 2012
Cash Flow, Supplemental Disclosures [Text Block]

Note 15 — Supplemental Cash Flow Disclosures — Non-Cash Transactions

 

Non-cash transactions for the three months ended March 31, 2013 include:

 

  2013 
Conversion of convertible debt to common stock $75,335 
Common Stock issued for committed equity financing facility  262,500 
Increase in fair value of embedded conversion option upon modification of convertible debt  151,032 
Warrants issued for loan modification  151,758 
Warrants issued for term loan  568,324 
Issuance of Common Stock and warrants for release of security interest in patents  325,693 
Obligation to issue shares for professional services  17,850 
Warrants issued to investors in connection with the registered direct offering  3,601,354 
Warrants issued to placement agent in connection with the registered direct offering  75,981 

Note 18 — Supplemental Cash Flow Disclosures — Non-Cash Transactions

Non-cash Investing and Financing transactions for years ended December 31 include:

 

  
 2012 2011
Preferred dividends paid by issuance of stock $82,500  $333,556 
Accrued dividends on preferred stock     346,236 
Reclassification of derivative liabilities for modified
warrant agreements
     1,434,322 
Discharge of previously deferred financing costs for modified warrant agreements     136,543 
Derivative liability for embedded conversion option     2,085,513 
Conversion of convertible debt to common stock  924,904   600,000 
Business combination:          
Issuance of Series E liability  18,955,742    
Issuance of contingent consideration  11,109,020    
Issuance of replacement warrants  1,883,751    
Common stock issued in satisfaction of subscription receivable  2,790,107    
Effect of cancellation of escrowed shares  195,132    
Obligation to issue shares for professional services  30,000    

Cash paid for interest was $342,000 and $424,000 in 2012 and 2011, respectively. There were no income taxes paid in 2012 and 2011.