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Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 1,221,701 $ 7,705,773
Equipment and furnishings, less accumulated depreciation of $422,965 and $416,798, respectively 29,829 20,111
Patents, net of amortization of $6,789,497 and $6,118,377, respectively 4,925,948 5,597,068
Other assets 27,000 27,000
Total Assets 6,204,478 13,349,952
Current Liabilities    
Accounts payable - trade 243,435 101,102
Accrued consulting expense 61,283 71,000
Other accrued expenses 206,706 90,622
Total Current Liabilities 511,424 262,724
Long-Term Liability    
Warrant liability 1,299,570 3,067,488
Total Liabilities 1,810,994 3,330,212
Stockholders' Equity    
Preferred stock; par value $.001 per share; 25,000,000 shares authorized; 2,478,185 and 3,531,665 shares issued and outstanding, respectively; liquidation preference $0.75 per share (in aggregate $1,896,117 and $2,702,134, respectively) 2,478 3,531
Common stock; par value $.001 per share; 200,000,000 shares authorized; 118,427,925 and 110,596,798 shares issued and outstanding, respectively 118,428 110,597
Paid-in capital 122,625,654 115,690,334
Deficit accumulated during the development stage (118,353,076) (105,784,722)
Total Stockholders' Equity 4,393,484 10,019,740
Total Liabilities and Stockholders' Equity $ 6,204,478 $ 13,349,952