XML 25 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Stockholders' Equity (USD $)
Series A1Preferred Stock
Series A2 Preferred Stock
Series B Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Notes Receivable
Total
Balance, at Mar. 27, 2002                        
Recapitalization due to reverse merger          260 (260)         
Recapitalization due to reverse merger, shares       2,600,000        
Common stock issued at inception          82 737       819
Common stock issued at inception, shares       818,500        
Common stock issued for technology          22 198       220
Common stock issued for technology,shares       219,658        
Stock issued for cash, 25 152 175   7,415,387       7,415,739
Stock issued for cash, shares 250,000 1,517,859 1,750,002           
Conversion of notes payable, including accrued interest    48 178   5,173,893       5,174,119
Conversion of notes payable, including accrued interest, shares   482,008 1,780,183           
Exercise of Series A2 preferred stock warrants for cash    1      1,395       1,396
Exercise of Series A2 preferred stock warrants for cash   13,952             
Exercise of options for cash          6 9,794       9,800
Exercise of options for cash,shares       63,901        
Proceeds from debt allocated to preferred stock warrants and beneficial conversion feature            940,819       940,819
Stock-based compensation expense             103,112       103,112
Exercise of options for notes receivable       49 135,253    (135,302)   
Exercise of options for notes receivable,shares       491,144        
Net loss               (13,214,519)    (13,214,519)
Balance at Dec. 31, 2008 25 201 353 419 13,780,328 (13,214,519) (135,302) 431,505
Balance, shares at Dec. 31, 2008 250,000 2,013,819 3,530,185 4,193,203        
Stock-based compensation expense         42,776     42,776
Net loss           (755,731)   (755,731)
Balance at Dec. 31, 2009 25 201 353 419 13,823,104 (13,970,250) (133,502) (281,450)
Balance, shares at Dec. 31, 2009 250,000 2,013,819 3,530,185 4,193,203        
Stock issued for cash,     54   1,245,954     1,246,008
Stock issued for cash, shares     541,743          
Conversion of notes payable, including accrued interest     1   15,917     15,918
Conversion of notes payable, including accrued interest, shares     6,921          
Exercise of Series A2 preferred stock warrants for cash   1     836     837
Exercise of Series A2 preferred stock warrants for cash   8,371            
Subscription receivable         10,000     10,000
Subscription receivable,shares     4,348          
Stock-based compensation expense         83,298     83,298
Net loss           (864,850)   (864,850)
Balance at Dec. 31, 2010 25 202 408 419 15,179,109 (14,835,100) (135,302) 209,761
Balance, shares at Dec. 31, 2010 250,000 2,022,190 4,083,197 4,193,203        
Stock issued for cash,       383 3,629,935     3,630,318
Stock issued for cash, shares       3,828,047        
Proceeds from debt allocated to preferred stock warrants and beneficial conversion feature         296,444     296,444
Series B preferred stock issued for services     2   44,748     44,750
Series B preferred stock issued for services,shares     19,457          
Stock-based compensation expense         42,378     42,378
Conversion of preferred stock to common stock in conjunction with reverse merger (25) (202) (410) 1,379 (742)      
Conversion of preferred stock to common stock in conjunction with reverse merger,shares (250,000) (2,022,190) (4,102,654) 13,791,231        
Conversion of bridge notes to common stock in conjunction with reverse merger       92 916,552     916,644
Conversion of bridge notes to common stock in conjunction with reverse merger, shares       916,644        
Exchange of Q Therapeutics, Inc. common stock for Q Holdings, Inc. common stock in conjunction with reverse merger       185 (135,487)   135,302  
Exchange of Q Therapeutics, Inc. common stock for Q Holdings, Inc. common stock in conjunction with reverse merger, shares       1,853,507        
Net loss           (2,599,338)   (2,599,338)
Balance at Dec. 31, 2011          2,458 19,972,937 (17,434,438)    2,540,957
Balance, shares at Dec. 31, 2011       24,582,632        
Stock issued for cash,       19 189,981     190,000
Stock issued for cash, shares       190,000        
Stock-based compensation expense         29,308     29,308
Shares forfeited for loan default       (5) 5      
Shares forfeited for loan default,shares       (50,000)        
Net loss           (610,914)   (610,914)
Balance at Mar. 31, 2012          $ 2,472 $ 20,192,231 $ (18,045,352)    $ 2,149,351
Balance, shares at Mar. 31, 2012          24,722,632