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Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 8,253,591 $ 1,221,701
Prepaid expenses and other current assets 45,284  
Total Current Assets 8,298,875 1,221,701
Equipment and furnishings, less accumulated depreciation of $427,615 and $422,965 31,829 29,829
Patents, net of amortization of $7,292,837 and $6,789,497, respectively 4,422,608 4,925,948
Other assets 27,000 27,000
Total Assets 12,780,312 6,204,478
Current Liabilities    
Accounts payable - trade 202,464 243,435
Accrued compensation and payroll taxes 98,720  
Accrued consulting expense 61,282 61,283
Other accrued expenses 180,001 206,706
Total Current Liabilities 542,467 511,424
Long-Term Liability    
Warrant liability 3,514,622 1,299,570
Total Liabilities 4,057,089 1,810,994
Stockholders' Equity    
Preferred stock; par value $.001 per share; 25,000,000 shares authorized including; 8% convertible preferred stock, 746,666 and 2,478,185 shares issued and outstanding, respectively, liquidation preference $0.75 (in aggregate $570,585 and $1,896,117, respectively); Series A 8% convertible preferred stock, 2,958,334 shares issued and outstanding in 2013, liquidation preference $0.75 (in aggregate $2,246,855) 3,705 2,478
Common stock; par value $.001 per share; 250,000,000 authorized; 139,974,331 and 118,427,925 shares issued and outstanding, respectively 139,974 118,428
Paid-in capital 138,032,870 122,625,654
Deficit accumulated during the development stage (129,453,326) (118,353,076)
Total Stockholders' Equity 8,723,223 4,393,484
Total Liabilities and Stockholders' Equity $ 12,780,312 $ 6,204,478