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Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 6,328,753 $ 15,117,172
Accounts receivable 307,759 29,382
Inventories, net 495,486 745,008
Prepaid expenses and other current assets 134,567 186,138
Total current assets 7,266,565 16,077,700
Property and equipment, net 874,062 1,714,090
Other assets 756,831 852,093
Total assets 8,897,458 18,643,883
Current liabilities:    
Accounts payable 474,436 772,411
Accrued payroll and related costs 235,404 646,715
Other accrued expenses 1,063,813 682,284
Total current liabilities 1,773,653 2,101,410
Long-term debt, net of current portion 3,393,159 1,405,967
Derivative liabilities 2,208,184 5,967,330
Total liabilities 7,374,996 9,474,707
Commitments and contingencies (Notes 5 and 16)      
Stockholders’ equity:    
Series A, B and C convertible preference shares of subsidiary 6,117,134 6,117,134
Preferred Stock 9,838,569 [1] 9,838,569 [2]
Common Stock 41,681 [3] 41,619 [4]
Additional paid-in capital 49,892,346 49,504,516
Accumulated deficit (64,571,897) (56,395,235)
Accumulated other comprehensive income 204,629 62,573
Total stockholders’ equity 1,522,462 9,169,176
Total liabilities and stockholders’ equity $ 8,897,458 $ 18,643,883
[1] $0.001 par value; 10,000,000 shares authorized; 2,937,500 shares issued and outstanding at December 31, 2012
[2] $0.001 par value; 10,000,000 shares authorized; 2,937,500 shares issued and outstanding at December 31, 2011
[3] $0.001 par value; 300,000,000 shares authorized; 41,680,902 shares issued and outstanding at December 31, 2012
[4] $0.001 par value; 300,000,000 shares authorized; 41,619,402 shares issued and outstanding at December 31, 2011