XML 51 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2013
Dec. 31, 2012
ASSETS    
Cash and Cash Equivalents $ 1,436,054 $ 114,462
Restricted Cash 971,360 447,206
Accounts Receivable, net 997,774 1,958,799
Inventory 157,572 123,021
Other Current Assets 402,605 645,728
Total Current Assets 3,965,365 3,289,216
PROPERTY AND EQUIPMENT, Net 481,430 516,981
OTHER ASSETS    
Intangible Assets, Net 156,666 166,666
Goodwill 841,000 841,000
Other Assets 102,732 105,621
Total Other Assets 1,100,398 1,113,287
Total Assets 5,547,193 4,919,484
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts and Other Payables 1,755,494 2,456,788
Due to Related Parties, net of debt discount 100,000 336,605
Short Term Debt 439,052 802,122
Current Portion of Long-Term Debt 197,714 75,707
Total Current Liabilities 2,492,260 3,671,222
LONG TERM DEBT 104,350 67,695
STOCKHOLDERS' EQUITY    
Preferred Stock 0 0
Common Stock 252 204
Additional Paid-In Capital 20,745,965 16,204,068
Accumulated Comprehensive Income (Loss) (32,408) (23,629)
Accumulated Deficit (17,763,226) (15,000,076)
Total Stockholders' Equity 2,950,583 1,180,657
Total Liabilities and Stockholders' Equity $ 5,547,193 $ 4,919,484