XML 44 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED BALANCE SHEETS (USD $)
Jun. 30, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 132,487 $ 58,458
Restricted cash 250,090 131,103
Accounts receivable, net 67,903 36,050
Prepaid expenses 76,006 96,670
Total current assets 526,486 322,281
Property and equipment, net 123,056 149,107
Capitalized software, net 725,680 618,557
Intangible assets, net 135,244 130,057
Other assets 15,370 19,440
Assets of discontinued operations    15,834
TOTAL ASSETS 1,525,836 1,255,276
LIABILITIES AND STOCKHOLDERS' DEFICIT    
Accounts payable 92,188 217,174
Notes payable 5,018,476 5,041,741
Deferred revenue 111,943 82,308
Settlement related financial instrument liability 2,065,000 2,065,000
Accrued interest 275,035 221,404
Other accrued liabilities 330,925 148,936
Liabilities of discontinued operations 6,600 5,638
Total current liabilities 7,900,167 7,782,201
Long-term liabilities:    
Notes payable - Related Party 14,557,051 14,557,051
Notes payable - other 8,666,878 6,075,267
Deferred revenue    1,028
Total long-term liabilities 23,223,929 20,633,346
Total liabilities 31,124,096 28,415,547
Commitments and contingencies      
Stockholders' deficit:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, no shares issued and outstanding at June 30, 2013 and December 31, 2012 0 0
Common stock, $0.001 par value, 45,000,000 shares authorized, 18,352,542 shares issued and outstanding at June 30, 2013 and December 31, 2012 18,353 18,353
Additional paid-in capital 89,399,994 67,157,841
Accumulated deficit (119,016,607) (94,336,465)
Total stockholders' deficit (29,598,260) (27,160,271)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 1,525,836 $ 1,255,276