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CONSOLIDATED STATEMENT OF STOCKHOLDERS’ DEFICIT (USD $)
Total
USD ($)
10% Convertible Preferred Stock
USD ($)
Common Stock
Common Stock
10% Convertible Preferred Stock
Additional Paid-in Capital and Common Stock
USD ($)
Additional Paid-in Capital and Common Stock
10% Convertible Preferred Stock
USD ($)
Accumulated Deficit
USD ($)
Accumulated Deficit
10% Convertible Preferred Stock
USD ($)
Balance at Dec. 31, 2013 $ (28,768,218)       $ 30,500,445   $ (59,268,663)  
Balance (in shares) at Dec. 31, 2013     31,168,905          
Shares issued upon conversion of 10% convertible preferred stock (in shares)   116,250   116,250        
Shares issued upon conversion of 10% convertible preferred stock   116,250       116,250     
Shares issued as payment in kind for dividends (in shares)     672,391          
Shares issued as payment in kind for dividends 527,338       527,338       
Shares issued as payment in kind for interest (in shares)     1,443,009          
Shares issued as payment in kind for interest 1,069,537       1,069,537       
Share-based compensation (in shares)     303,540          
Share-based compensation 666,601       666,601       
Dividend on 10% convertible preferred stock (496,229) (496,229)       (496,229)     
Amortization of beneficial conversion feature of 10% convertible preferred stock   (221,386)       (221,386)     
Fair value of warrants tendered and cancelled (4,866,269)       (4,866,269)       
Fair value of common stock issued in exchange for warrants tendered and cancelled (in shares)     35,462,955          
Fair value of common stock issued in exchange for warrants tendered and cancelled 24,824,069       24,824,069       
Net (loss) (14,142,655)           (14,142,655)  
Balance at Sep. 30, 2014 $ (21,290,962)       $ 52,120,356   $ (73,411,318)  
Balance (in shares) at Sep. 30, 2014     69,167,050