XML 52 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 29, 2012
Dec. 31, 2011
Cash Flows From Operating Activities    
Net loss $ (11,662,426) $ (7,894,984)
Adjustments to reconcile net loss to net cash (used in) operating activities:    
Depreciation of leasehold improvements and equipment 328,099 328,632
Amortization of intangibles 15,934 70,249
Share-based compensation expense 2,703,253 2,969,150
Loss from impairment of intangibles    133,500
Loss from disposal of equipment 1,937   
Changes in operating assets and liabilities:    
Trade receivables (1,216,873) 277,897
Inventories (2,299,704) (1,482,565)
Prepaid expenses and other assets 675,602 (672,711)
Accounts payable 1,177,992 1,735,643
Accrued expenses 105,631 384,947
Customer deposits and other 110,574 87,266
Deferred rent (59,732) (35,853)
Net cash (used in) operating activities (10,119,713) (4,098,829)
Cash Flows From Investing Activities    
Purchases of leasehold improvements and equipment (24,555) (150,663)
Purchase of intangible assets (52,010) (26,000)
Net cash (used in) investing activities (76,565) (176,663)
Cash Flows From Financing Activities    
Proceeds from issuance of common stock, net of issuance costs 10,229,838   
Proceeds from exercise of stock options 3,059 26,398
Proceeds from exercise of warrants 157,500 2,524,499
Repurchase of common stock (8,200)   
Principal payments on capital leases (86,071) (81,712)
Net cash provided by financing activities 10,296,126 2,469,185
Net increase (decrease) in cash 99,848 (1,806,307)
Cash Beginning of Period 420,152 2,226,459
Cash Ending of Period 520,000 420,152
Supplemental Disclosures of Cash Flow Information    
Cash payments for interest 29,006 32,142
Supplemental Schedule of Noncash Investing Activity    
Capital lease obligation incurred for the purchase of equipment 69,619 47,149
Stock awards earned but not issued 14,560   
Stock and warrant awards issued for future services 23,579   
Warrants issued, net of offering costs $ 44,610