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CONSOLIDATED STATEMENT OF CASHFLOW (USD $)
12 Months Ended 56 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (10,784,708) $ (5,079,851) $ (20,516,614)
Common shares issued for services 178,280 0 249,280
Compensation cost for stock options granted 1,443,760 121,812 1,736,024
Loss on reduction on obsolete inventory and LCM 149,946 29,884 271,856
Impairment loss on long-life assets 158,292 0 158,292
Loan initiation fee accrued for notes payable 0 0 2,000
Depreciation and amortization 472,934 130,552 619,109
Contingent Loss 211,493 0 211,493
Bad debt expenses 354,861 0 354,861
Adjustments to reconcile net loss to net cash provided by operating activities:      
Increase in accounts receivable (352,267) (140,441) (493,932)
Increase in inventory (149,946) (29,884) (271,856)
Increase in prepaid expenses (57,994) (91,449) (180,627)
Increase in security deposits 0 (29,089) (36,447)
Decrease (increase) in accounts payable (58,583) 3,451 9,634
Increase (decrease) in payroll liabilities 268,480 (33,219) 268,480
Increase in deferred rent 48,157 0 48,157
Decrease (increase) in accrued expenses (704,372) 1,198,860 923,008
Decrease (increase) in other current liabilities (8,377) 19,410 (8,377)
Net cash used in operating activities (8,830,044) (3,899,964) (16,655,659)
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of furniture & fixtures (244,442) (104,582) (435,489)
Purchase of intangible assets (245,373) (30,000) (325,839)
Net cash used in investing activities (489,815) (134,582) (761,328)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net proceeds from issuance of common stocks and warrants 13,936,823 3,854,000 23,761,148
Repayments from bank line of credit 0 (1,000,000) 0
Repayments of loans from related parties 0 (5,078) (2,000)
Cash released from commercial line of credit 0 1,000,000 0
Net cash provided by financing activities 13,936,823 3,848,922 23,759,148
NET INCREASE (DECREASE) IN CASH & CASH EQUIVALENTS 4,616,964 (185,624) 6,342,161
CASH & CASH EQUIVALENTS, BEGINNING BALANCE 1,725,197 1,910,821 0
CASH & CASH EQUIVALENTS, ENDING BALANCE 6,342,161 1,725,197 6,342,161
SUPPLEMENTAL DISCLOSURES:      
Interest paid 360 14,715 33,067
Income taxes paid 0 0 248
NONCASH INVESTING AND FINANCING ACTIVITIES:      
Common stock and warrants issued for asset purchase 0 4,674,853 4,674,853
Options issued for previously accrued director compensation 0 45,000 45,000
Commitment shares issued for shares distributed for capital contribution 3,137,500 0 3,137,500
Amortization of commitment shares issued for shares distributed for capital contribution $ 2,485,540 $ 0 $ 2,485,540