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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended 50 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (4,525,139) $ (2,230,867) $ (14,257,045)
Common shares issued for services 181,798 0 252,798
Compensation cost for stock options granted 1,011,820 70,662 1,304,084
Loss on reduction of inventory to LCM 20,323 23,807 142,233
Loan initiation fee accrued for notes payable 0 0 2,000
Depreciation and amortization 226,643 17,057 372,818
Adjustments to reconcile net loss to net cash provided by operating activities:      
Increase in accounts receivable (378,759) (177,055) (520,424)
Increase in inventory (20,323) (23,807) (142,233)
Increase in prepaid expenses (36,526) (149,956) (159,159)
Increase in security deposits (47,500) (32,789) (83,948)
Increase in accounts payable 115,785 6,702 184,002
Decrease in accrued payroll (11,123) 0 (11,123)
Increase in deferred rent 72,537 0 72,537
Decrease (Increase) in accrued Expenses (85,280) 679,600 1,542,101
Increase in Other Current Liabilities 31,654 0 31,654
Net cash used in operating activities (3,444,090) (1,816,646) (11,269,705)
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of furniture & fixtures (81,370) 0 (272,417)
Purchase of Software (8,500) 0 (88,966)
Net cash used in investing activities (89,870) 0 (361,383)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net proceeds from issuance of common stocks and warrants 4,248,275 0 14,072,601
(Repayments of) proceeds from bank line of credit 0 (750,000) 0
Repayments of loans from related parties 0 (6,178) (2,000)
Cash released from (restricted for) commercial line of credit 0 750,000 0
Net cash provided by financing activities 4,248,275 (6,178) 14,070,601
NET INCREASE (DECREASE) IN CASH & CASH EQUIVALENTS 714,315 (1,822,824) 2,439,513
CASH & CASH EQUIVALENTS, BEGINNING BALANCE 1,725,197 1,910,821 0
CASH & CASH EQUIVALENTS, ENDING BALANCE 2,439,512 87,997 2,439,512
SUPPLEMENTAL DISCLOSURES:      
Interest paid 359 6,036 33,066
Income taxes paid 0 0 250
NONCASH INVESTING AND FINANCING ACTIVITIES:      
Common stock and warrants issued for asset purchase 0 0 4,674,853
Options issued for previously accrued director compensation 0 0 45,000
Commitment Shares distributed for Capital contribution 2,387,250 0 2,387,250
Amortization of commitment shares issued for distributed shares $ 198,958 $ 0 $ 198,958