XML 70 R22.htm IDEA: XBRL DOCUMENT v2.4.0.8
Long Term Obligations (Tables)
9 Months Ended
Sep. 30, 2013
Disclosure Text Block [Abstract]  
Schedule Of Cash Proceeds Received and Issuance Cost [Table Text Block]
Security
 
Allocated Fair Value
   
Issuance Costs
   
Interest Expense
   
Net Allocation
 
                         
Series A-1 Convertible Preferred Stock
  $ 10,724,991     $ (886,422 )   $     $ 9,838,569  
Convertible promissory notes
    10,072,592       (832,502 )     2,255,074       11,495,164  
Warrants
    9,752,417       (806,039 )           8,946,378  
                                 
Total
  $ 30,550,000     $ (2,524,963 )   $ 2,255,074     $ 30,280,111  
Schedule of Long-term Debt Instruments [Table Text Block]
   
September 30, 2013
   
December 31, 2012
 
             
Convertible Promissory Notes Payable:
           
Face value
  $ 15,275,000     $ 15,275,000  
Interest added to principal
    1,809,894       1,262,028  
Stated value
    17,084,894       16,537,028  
Debt discount – conversion element, net of accumulated amortization of $3,392,963 and $1,298,628 respectively
    11,049,534       13,143,869  
                 
Notes payable, net of debt discount, prior to exchange
    6,035,360       3,393,159  
                 
Amount extinguished in 2013 Exchange
    (6,035,360 )      
                 
Notes payable, net of debt discount
  $     $ 3,393,159