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Consolidated Balance Sheets (Current Period Unaudited) (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash $ 16,919 $ 75,910
Accounts receivable, net 179,710 250,426
Available-for-sale securities 1,191 4,765
Prepaid expenses and other assets 101,399 188,567
Current portion of note receivable and accrued interest 676,000 1,199,611
Total current assets 975,219 1,719,279
Cost method investments 17,216 86,784
Equity method investments 22,000 92,148
Note receivable and accrued interest 304,982 829,670
Fixed assets, net 4,914,965 5,420,138
Intangible assets, net 245,615 321,323
Total assets 6,479,997 8,469,342
Current liabilities:    
Accounts payable 928,958 723,211
Accrued expenses 570,374 450,271
Deferred revenue 207,471 250,936
Current maturities of long-term debt 3,167,570 3,294,896
Total current liabilities 4,874,373 4,719,314
Long-term debt, less current maturities 1,958,391 1,938,520
Derivative liabilities 114,658 29,000
Deferred tax liability 38,002 38,002
Total liabilities 6,985,424 6,724,836
Commitments and contingencies      
Innovaro stockholders’ (deficit) equity:    
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 87,963,591 87,796,900
Accumulated deficit (88,852,732) (86,445,142)
Accumulated other comprehensive (loss) income (435) 3,139
Total Innovaro stockholders’ (deficit) equity (728,066) 1,516,407
Noncontrolling interest 222,639 228,099
Total (deficit) equity (505,427) 1,744,506
Total liabilities and equity (deficit) $ 6,479,997 $ 8,469,342