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Condensed Consolidated Balance Sheets (USD $)
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 3,035,998 $ 6,328,753
Accounts receivable 34,554 307,759
Inventories, net 517,044 495,486
Prepaid expenses and other current assets 267,294 134,567
Total current assets 3,854,890 7,266,565
Property and equipment, net 497,480 874,062
Other assets 666,617 756,831
Total assets 5,018,987 8,897,458
Current liabilities:    
Accounts payable 636,135 474,436
Accrued payroll and related costs 289,319 235,404
Other accrued expenses 1,473,024 1,063,813
Total current liabilities 2,398,478 1,773,653
Long-term debt, net of discount 5,271,313 3,393,159
Derivative liabilities 2,686,664 2,208,184
Total liabilities 10,356,455 7,374,996
Series A and B convertible preference shares of subsidiary 3,613,305 1,123,406
Commitments and contingencies (Note 12)      
Stockholders’ equity (deficit):    
Series C convertible preference shares of subsidiary 4,993,728 4,993,728
Preferred Stock: $0.001 par value; 10,000,000 shares authorized; 2,937,500 shares issued and outstanding at June 30, 2013 and December 31, 2012 9,838,569 [1] 9,838,569 [2]
Common Stock: $0.001 par value; 300,000,000 shares authorized; 41,680,902 shares issued and outstanding at June 30, 2013 and December 31, 2012 41,681 [3] 41,681 [4]
Additional paid-in capital 47,585,232 49,892,346
Accumulated deficit (71,516,562) (64,571,897)
Accumulated other comprehensive income 106,579 204,629
Total stockholders’ equity (deficit) (8,950,773) 399,056
Total liabilities and stockholders’ equity (deficit) $ 5,018,987 $ 8,897,458
[1] $0.001 par value; 10,000,000 shares authorized; 2,937,500 shares issued and outstanding at June 30, 2013.
[2] $0.001 par value; 10,000,000 shares authorized; 2,937,500 shares issued and outstanding at December 31, 2012
[3] $0.001 par value; 300,000,000 shares authorized; 41,680,902 shares issued and outstanding at June 30, 2013
[4] $0.001 par value; 300,000,000 shares authorized; 41,680,902 shares issued and outstanding at December 31, 2012