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Condensed Consolidated Statements of Cash Flows (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities    
Net income (loss) $ 947,415 $ (2,045,385)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 218,871 126,866
Restricted stock issuance 221,893 0
Stock compensation expense 631,414 615,619
Change in operating assets and liabilities:    
Decrease in accounts receivable 0 4,550
Decrease in prepaid assets and other current assets 160,320 0
Increase in accounts payable 70,835 14,226
Increase in bonus accrual 273,675 0
Net cash provided by (used in) operating activities 2,524,423 (1,284,124)
Cash flows from investing activities    
Purchase of property and equipment (2,364,060) (14,071)
Net cash used in investing activities (2,364,060) (14,071)
Cash flows from financing activities    
Proceeds from exercise of warrants, net 115,982 0
Proceeds from exercise of stock options, net 2,431,239 0
Net cash provided by financing activities 2,547,221 0
Net increase (decrease) in cash and cash equivalents 2,707,584 (1,298,195)
Cash and cash equivalents, beginning of period 13,000,372 7,216,663
Cash and cash equivalents, end of period 15,707,956 5,918,468
Supplemental disclosures of cash flow information:    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
Supplemental disclosures of non-cash financing information:    
Issuance of 137,778 shares of common stock in exchange for the cashless exercise of warrants to purchase 198,721 shares of common stock $ 771,253 $ 0