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LYFE Communications, Inc. [A Development Stage Company] Condensed Consolidated Balance Sheets As of September 30, 2011 And December 31, 2010 (Unaudited) (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and cash equivalents$ 38,494$ 1,010
Accounts receivable, net of allowance53,33459,611
Prepaid expenses49,9782,112
Total current assets141,80662,733
Property and equipment, net268,833317,630
Intangible assets, net570,711244,147
Other assets361,775893,108
Total assets1,343,1251,517,618
Current liabilities:  
Accounts payable936,593722,245
Accrued liabilities1,155,672328,768
Deferred revenue15,55718,641
Taxes Payable330,105245,188
Notes Payable459,083120,672
Notes Payable - related party275,000215,000
Interest Payable18,2975,091
Interest Payable - related party31,3749,705
Total current liabilities3,221,6811,665,310
Other long-term liabilities3,8014,526
Total liabilities3,225,4821,669,836
Commitments and contingencies  
Shareholders' deficit:  
Common Stock, $0.001 par value; 200,000,000 shares authorized; 73,377,326 and 62,527,337 shares issued and outstanding, respectively73,37862,527
Paid in Capital11,780,0919,855,502
Paid in Capital Shares to be issued0115,000
Deficit accumulated during the development stage(13,735,826)(10,185,247)
Total Shareholders' deficit(1,882,357)(152,218)
Total liabilities and Shareholders' deficit$ 1,343,125$ 1,517,618