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Consolidated Balance Sheets (USD $)
Jun. 30, 2013
Dec. 31, 2012
Cash $ 86,773 $ 75,910
Accounts receivable, net 98,961 250,426
Available-for-sale securities 1,191 4,765
Prepaid expenses and other assets 97,917 188,567
Current portion of note receivable and accrued interest 676,000 1,199,611
Total current assets 960,842 1,719,279
Cost method investments 17,216 86,784
Equity method investments 22,000 92,148
Note receivable and accrued interest 300,000 829,670
Fixed assets, net 4,903,547 5,420,138
Intangible assets, net 270,851 321,323
Total assets 6,474,456 8,469,342
Current liabilities:    
Accounts payable 803,489 723,211
Accrued expenses 549,509 450,271
Deferred revenue 212,007 250,936
Current maturities of long-term debt 2,989,785 3,294,896
Total current liabilities 4,554,790 4,719,314
Long-term debt, less current maturities 1,951,694 1,938,520
Derivative liability 6,000 29,000
Deferred tax liability 38,002 38,002
Total liabilities, 6,550,486 6,724,836
Innovaro stockholders’ equity (deficit):    
Preferred stock, $.01 par value, 1,000,000 shares authorized; none issued and outstanding      
Common stock, $.01 par value, 29,000,000 shares authorized; 16,165,952 shares issued; 16,150,952 shares outstanding 161,510 161,510
Additional paid-in capital 87,895,917 87,796,900
Accumulated deficit (88,357,481) (86,445,142)
Accumulated other comprehensive (loss) income (435) 3,139
Total Innovaro stockholders’ equity (deficit) (300,489) 1,516,407
Noncontrolling interest 224,459 228,099
Total equity (deficit) (76,030) 1,744,506
Total liabilities and equity (deficit) $ 6,474,456 $ 8,469,342