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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 883,936 $ 346,905
Accounts receivable, net of allowance for doubtful accounts 888,214 192,015
Inventories 3,955,515 3,088,953
Prepaid expenses 280,140 165,339
Total current assets 6,007,805 3,793,212
Property and equipment, net 7,899,486 2,005,215
Goodwill 1,492,132 0
Other intangible assets 610,000 0
Other long-term assets 0 68,284
Total assets 16,009,423 [1] 5,866,711
Current liabilities:    
Accounts payable 1,879,760 890,394
Accrued liabilities 896,740 446,434
Derivative liabilities 17,190,000 830,000
Current portion of long term debt 185,347 0
Total current liabilities 20,151,847 2,166,828
8% convertible promissory notes 11,030,913 5,671,162
12% revolving credit agreement 1,873,716 0
4.25% bank term loan 4,400,000 0
Other debt 300,127 0
Fair value of 10% convertible preferred stock warrants 296,194 81,716
Total liabilities 38,052,797 7,919,706
10% convertible preferred stock, no par value, net; authorized 880,000 shares; 694,623 and 706,023 shares issued and outstanding at December 31, 2013 and 2012, respectively 6,724,844 5,922,612
Total temporary equity 6,724,844 5,922,612
Commitments and contingencies      
Stockholders' deficit:    
Common stock, no par value; authorized 250,000,000 shares; 31,168,905 and 28,820,173 shares issued and outstanding at December 31, 2013 and 2012, respectively 30,500,445 27,103,454
Accumulated deficit (59,268,663) (35,079,061)
Total stockholders' deficit (28,768,218) (7,975,607)
Total liabilities and stockholders' deficit $ 16,009,423 $ 5,866,711
[1] As the acquisition of the plastics recycling company which provided a second segment to our business, was acquired in November 2013, we did not report segment information for the year ended December 31, 2012.