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GOING CONCERN
3 Months Ended
Dec. 31, 2012
GOING CONCERN [Abstract]  
GOING CONCERN
NOTE 2 - GOING CONCERN

Imaging Diagnostic Systems, Inc. ("IDSI") is a development stage enterprise and our continued existence is dependent upon our ability to resolve our liquidity problems, principally by obtaining additional debt and/or equity financing.  IDSI has yet to generate a positive internal cash flow, and until significant sales of our product occur, we are dependent upon debt and equity funding.  

We have had cumulative losses since inception that raise doubt about our ability to continue as a going concern. We also have cash used in operations of $425,482 for the six months ended December 31, 2012 and negative working capital of $4,798,677 at December 31, 2012.  The financial statements do not include any adjustments related to the recovery and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event we cannot continue in existence.
 
In the event that we are unable to obtain debt or equity financing or we are unable to obtain such financing on terms and conditions acceptable to us, we may have to cease or severely curtail our operations, which would materially impact our ability to continue as a going concern.  Management has been able to raise the capital necessary to reach this stage of product development and has been able to obtain funding for capital requirements to date.  Recently we have relied on raising additional capital through our new Private Equity Credit Agreement with Southridge Partners II, L.P. ("Southridge") dated January 7, 2010, which replaced the Charlton Agreement and through the issuance of short term promissory notes.  We also intend to raise capital through other sources of financing.  Since June 2011, we have been unable to draw from this new private equity line, consequently, alternative financing is required to continue operations, and there is no assurance that we will be able to obtain alternative financing on commercially reasonable terms.  There is no assurance that, if and when Food and Drug Administration ("FDA") marketing clearance is obtained, the CTLM® will achieve market acceptance or that we will achieve a profitable level of operations.

We currently manufacture and sell our sole product, the CTLM® - Computed Tomography Laser Mammography.  We are appointing distributors and installing collaboration systems as part of our global commercialization program.  We have sold 17 systems as of December 31, 2012; however, we continue to operate as a development stage enterprise because we have yet to produce significant revenues.  We are attempting to create increased product awareness as a foundation for developing markets through an international distributor network.  We may be able to exit reporting as a Development Stage Enterprise upon two successive quarters of sufficient revenues such that we would not have to utilize other funding to meet our quarterly operating expenses.