OTHER BALANCE SHEET INFORMATION

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements

Note 3 - OTHER BALANCE SHEET INFORMATION

Components of selected captions in the accompanying balance sheets as of March 31, 2012 and December 31, 2011 consist of:

	March 31, 2012			December 31, 2011
Prepaid expenses:
Prepaid insurance	$	14,910		$	37,274
Other		17,253			13,017
Prepaid expenses	$	32,163		$	50,291
Property and equipment:
Computers and office equipment	$	47,820		$	30,421
Machinery and equipment		254,827			254,827
Leasehold improvements		25,171			11,288
Less: accumulated depreciation		(131,802	)		(    126,727	)
Property and equipment, net	$	195,016		$	169,808
Accrued expenses:
Professional fees	$	1,458		$	25,702
Other		5,000			13,530
Accrued expenses	$	6,458		$	39,232