XML 45 R32.htm IDEA: XBRL DOCUMENT v2.4.0.6
10. Income Taxes (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
    2012   2011  
Pre-tax net loss   $ (9,820,625 )   $ (9,053,764 )
Amount computed using the Statutory U.S. federal rate   $ (3,339,012 )   $ (3,078,280 )
Increase (reduction) in taxes resulting from valuation allowance     3,186,987       1,788,545  
Loss on extinguishment of debt           934,842  
Fair value adjustment of warrants     (202,283 )     (863,361 )
Interest on debt treated as equity     13,284       614,065  
Stock-based compensation—ISO     131,221       180,025  
Stock offering costs           316,478  
Other     209,803       107,686  
Provision (benefit) for income taxes   $     $  
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
    2012     2011  
Current deferred tax asset:                
Compensation Reserves   $ 302,196       41,911  
Deferred revenue         $ 3,069  
Prepaid fees     56,523       113,341  
Warranty reserve     89,420       47,600  
Other     55,613       10,770  
      503,752       216,691  
Valuation allowance     (503,752 )     (216,691 )
                 
Net current deferred tax asset   $     $  
                 
Noncurrent deferred tax asset:                
Stock based compensation     1,613,248       1,207,010  
Net operating loss     8,580,265       6,086,051  
Other     1,143       (2,309 )
      10,194,656       7,290,752  
                 
Valuation allowance     (10,194,656 )     (7,290,752 )
Net noncurrent deferred tax asset   $     $  
Total   $     $  
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]
    Years Ended December 31,  
       
    2012     2011  
Balance at January 1   $ 406,545     $ 406,545  
Additions based on tax positions related to the current year            
Additions for tax positions of prior years            
                 
    $ 406,545     $ 406,545