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Condensed Balance Sheets (USD $)
Sep. 30, 2011
Dec. 31, 2010
Cash and cash equivalents$ 5,193,019$ 12,200,800
Accounts receivable1,570,7051,553,091
Accounts receivable – Tarsa463,204186,263
Inventory, net1,707,1621,417,934
Prepaid expenses and other current assets220,172699,950
Due from former China joint venture partner600,000 
Total current assets9,754,26216,058,038
Noncurrent inventory1,985,5412,881,980
Property, plant and equipment, net3,070,9863,190,117
Patents and other intangibles, net1,999,4322,670,044
Investment in former China joint venture 3,175,925
Deferred financing costs, net119,834181,457
Other assets569,492313,382
Total assets17,499,54728,470,943
Current liabilities:  
Accounts payable1,235,206974,998
Accrued expenses2,122,4762,834,345
Current portion - deferred licensing fees2,738,9292,290,916
Current portion – deferred gain on sale/leaseback116,760 
Due to former China joint venture partner 1,200,000
Notes payable – Levys750,000 
Total current liabilities6,963,3717,300,259
Note payable–Victory Park, net of discount of $4,761,268 in 2011 and $7,209,700 in 201028,238,73225,790,300
Notes payable – Levys13,987,51814,737,518
Accrued interest –Victory Park and Levys15,159,2569,285,359
Accrued expenses, excluding current portion162,296162,296
Deferred licensing fees, excluding current portion13,235,79511,152,037
Deferred gain on sale/leaseback, excluding current portion661,676 
Deferred compensation464,040471,890
Total liabilities78,872,68468,899,659
Stockholders’ deficit:  
Common Stock - par value $.01 per share, authorized 275,000,000 shares in 2011 and 2010; issued 93,023,870 shares in 2011 and 92,475,597 shares in 2010930,239924,756
Additional paid-in capital130,649,182129,227,058
Accumulated deficit(192,952,558)(170,580,263)
Treasury Stock – at cost (26,650 shares in 2010) (267)
Total stockholders’ deficit(61,373,137)(40,428,716)
Total liabilities and stockholders’ deficit$ 17,499,547$ 28,470,943