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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 19 — Supplemental Cash Flow Disclosures — Non-Cash Transactions

 

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

 

    2012     2011     2010  
Preferred dividends paid by issuance of stock   $ 82,500     $ 333,556     $ 189,500  
Accrued dividends on preferred stock           346,236       275,068  
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:                        
Inventory acquired                 1,151,035  
Property and equipment acquired                 768,000  
Goodwill and intangible assets                 4,089,823  
Deferred charges                 655,260  
Note Payable for balance of acquisition                 4,008,858  
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, $424,000, and $371,000 in 2012, 2011, and 2010, respectively. There were no income taxes paid in 2012, 2011, and 2010.