XML 47 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements Of Cash Flows (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities    
Net loss $ (4,920,147) $ (5,812,912)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation 263,170 344,455
Amortization 74,958 74,958
Amortization of warrants 860,890 511,079
Share-based compensation, value 598,827 937,323
Gain/loss on debt conversion (2,095)  
Adjustment of warrants and debt conversion features (604,007) 188,070
Interest due from issuance of stock 204,547   
Changes in operating assets and liabilities:    
Accounts receivable 1,709,291 810,557
Other receivables 54,064 20,642
Inventories (389,646) (1,178,943)
Prepaid expenses and other current assets (179,277) (551,281)
Other assets (1,170) (875)
Accounts payable 1,181,230 392,913
Accrued liabilities (323,555) 20,829
Deferred revenue 323,115 25,318
Other liabilities   (1,533)
Net cash used in operating activities (1,149,805) (4,219,400)
Cash flows from investing activities    
Purchase of equipment   (82,272)
Net cash used in investing activities   (82,272)
Cash flows from financing activities    
Payments of term note (1,000,000) (1,000,000)
Proceeds from revolving line of credit 11,235,938 20,695,969
Payments of revolving line of credit (9,694,979) (18,334,786)
Proceeds/Payments from Healthcare Royalty Partners debt 2,500,000  
Payments of Healthcare Royalty Partners debt (108,742) (586,629)
Proceeds from issuance of stock and warrants, net of issuance costs   40,898
Net cash provided by financing activities 2,932,217 815,452
Net decrease in cash and cash equivalents 1,782,412 (3,486,220)
Cash and cash equivalents at beginning of period 7,777,718 13,954,919
Cash and cash equivalents at end of period $ 9,560,130 $ 10,468,699