XML 23 R50.htm IDEA: XBRL DOCUMENT v2.4.0.6
SUBSEQUENT EVENTS (Details) (USD $)
1 Months Ended 3 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 3 Months Ended 7 Months Ended 12 Months Ended 0 Months Ended 3 Months Ended 1 Months Ended 3 Months Ended 0 Months Ended 1 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended
Sep. 30, 2012
Aug. 31, 2012
Jan. 31, 2012
Jul. 31, 2011
Jan. 31, 2011
Sep. 30, 2010
Mar. 31, 2012
Jun. 30, 2012
Jun. 30, 2011
Apr. 30, 2011
Sep. 21, 2012
International Distribution Agreement [Member]
Sep. 21, 2012
Investor Relations [Member]
Sep. 30, 2010
Investor Relations [Member]
Aug. 31, 2012
Private Placement [Member]
Jun. 30, 2012
Private Placement [Member]
Sep. 30, 2012
Warrant [Member]
Sep. 30, 2012
Warrant [Member]
Minimum [Member]
Sep. 30, 2012
Warrant [Member]
Maximum [Member]
Jun. 30, 2012
Lincoln Park Capital Fund, LLC. [Member]
Jun. 30, 2011
Lincoln Park Capital Fund, LLC. [Member]
Jun. 30, 2012
Lincoln Park Capital Fund, LLC. [Member]
Sep. 01, 2010
Lincoln Park Capital Fund, LLC. [Member]
Common Stock Purchase Agreement [Member]
Sep. 26, 2012
Lincoln Park Capital Fund, LLC. [Member]
Common Stock Purchase Agreement [Member]
Sep. 02, 2010
Lincoln Park Capital Fund, LLC. [Member]
Common Stock Purchase Agreement [Member]
Apr. 30, 2012
President [Member]
Sep. 26, 2012
President [Member]
Sep. 26, 2012
Chief Executive Officer [Member]
Sep. 26, 2012
Chief Financial Officer [Member]
Sep. 21, 2012
Director [Member]
Jul. 02, 2012
Director [Member]
Sep. 21, 2012
Chief Executive Officer And Chief Technology Officer Father [Member]
Sep. 30, 2012
Largest Shareholder [Member]
Sep. 25, 2012
Employee Stock Option [Member]
Mar. 23, 2011
Employee Stock Option [Member]
Jul. 06, 2010
Employee Stock Option [Member]
Feb. 28, 2011
Employee Stock Option [Member]
Jun. 30, 2012
Employee Stock Option [Member]
Jun. 30, 2011
Employee Stock Option [Member]
Subsequent Event [Line Items]                                                                            
Granted                                                           230,000 70,000   265,000 20,000 33,000 237,500 675,000 3,290,500
Granted, exercise price                                                           $ 0.91 $ 0.63   $ 0.6 $ 1.6 $ 1.2 $ 1.17 $ 0.75 $ 1.22
Share based compensation, term                                                           10 years       5 years 10 years      
Pricing model used in calculation of grant-date fair value                                                         Black-Scholes option pricing Black-Scholes model Black-Scholes option pricing   Black-Scholes option pricing Black-Scholes model Black-Scholes model Black-Scholes model    
Warrants issued, volatility rate                                                         90.09% 91.04% 90.09%   89.93% 89.13% 96.03% 88.13%    
Expected term (in years)                                                         2.5 5.5 4   4 4.0 6.5 4    
Discount rate                                                         0.32% 0.82% 0.53%   0.53% 1.60% 2.24% 1.39%    
Common stock issued for cash, shares       75,000 303,303 180,000   1,143,400           256,000 1,143,400 610,000     686,082 2,148,063 1,002,749 200,000 1,083,889                              
Proceeds from sale of stock               $ 1,181,700 $ 3,272,766           $ 571,700       $ 510,000 $ 3,158,866 $ 610,000 $ 190,000                                
Repayments of related party debt               5,000                                 5,000 3,000 6,200 20,000                    
Private placement, net           162,000     1,352,720         128,000                 720,003                              
Proceeds from sale of stock and warrants, net of expenses                  1,429,320             305,000                                            
Exercise price of shares called by warrants       $ 1.25 $ 1.25 $ 1.25       $ 1.25   $ 0.63       $ 0.5 $ 1.25 $ 1.6           $ 1.25         $ 0.63                  
Loss on warrant repricing     11,919       11,919 17,753                68,745                                            
Shares issued for services, shares                       50,000 50,000                               350,000                  
Term of securities issued                       5 years                                                    
Services valuation used                       Black-Scholes option pricing                                                    
Volatility                       90.09%                                                    
Estimated life                       5                                                    
Discount rate                       0.70%                                                    
Immediately vested shares                       50,000                                 350,000   35,000              
Vesting period for semiannual vesting shares                                                                   3 years   3 years    
Percentage expensed immediately                                                                 25.00%          
Remaining shares vesting period                                                             0.00%   0.00%          
Percent of shares that vested immediately                                                                 25.00%          
Proceeds from borrowings under convertible note payable 184,500 175,000                                                                        
Convertible note, conversion price $ 0.5 $ 0.5                                                                        
Debt conversion, line of credit, amount 206,640 179,375                                                           322,996            
Fair value                       21,787                                 115,883   28,358   101,029     175,694    
Unamortized discount on notes payable 60,109                                                                          
Payments for intangible asset                     100,000                                                      
Number of installments to acquire intangible asset                     4                                                      
Conversion option price on note issued per the agreement                     $ 0.5                                                      
Issuance of note amount                     1,000,000                                                      
Issued note, interest rate                     5.00%                                                      
Payment per installment                     25,000                                                      
Number of installments, receivable on note issued                     4                                                      
Payment amount per installment, receivable on note issued                     $ 250,000                                                      
Length of time for note issued per agreement                     4 years                                                      
Percent of sales commission per the agreement                     2.00%