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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
Jun. 30, 2011
Dec. 31, 2010
CURRENT ASSETS    
Cash and cash equivalents $ 7,773,719 $ 417,457
Accounts receivable - trade, net of allowance for doubtful accounts of $56,654 in 2011 and $36,903 in 2010 100,843 95,549
Inventory (Note 6) 448,277 463,643
Prepaid expenses 149,119 121,084
Due from Pulse Veterinary Technologies, LLC 99,008 45,389
TOTAL CURRENT ASSETS 8,570,966 1,143,122
PROPERTY AND EQUIPMENT, at cost, less accumulated depreciation (Note 7) 22,330 13,386
OTHER ASSETS 32,644 32,253
INTANGIBLE ASSETS, at cost, less accumulated amortization (Note 8) 1,687,160 1,840,538
TOTAL ASSETS 10,313,100 3,029,299
CURRENT LIABILITIES    
Accounts payable 1,608,295 1,829,815
Accrued employee compensation 315,237 1,101,410
Accrued expenses (Note 9) 138,888 256,204
Notes payable, related parties (Notes 4 and 11)   4,247,290
Interest payable, related parties (Note 11) 80,968 82,977
Liabilities related to discontinued operations 655,061 655,061
TOTAL CURRENT LIABILITIES 2,798,449 8,172,757
NOTES PAYABLE, RELATED PARTIES (Note 11) 5,372,743 5,372,743
TOTAL LIABILITIES 8,171,192 13,545,500
COMMON STOCK, par value $0.001, 50,000,000 shares authorized; 20,907,536 in 2011 and 14,794,650 in 2010 issued and outstanding (Note 4) 20,908 14,795
ADDITIONAL PAID-IN CAPITAL 62,122,374 43,728,133
ACCUMULATED OTHER COMPREHENSIVE INCOME 24,190 10,902
RETAINED DEFICIT (60,025,564) (54,270,031)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) 2,141,908 (10,516,201)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) $ 10,313,100 $ 3,029,299