Other Balance Sheet Information

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements

Other Balance Sheet Information

Components of selected captions in the accompanying balance sheets consist of:

	September 30,		December 31,
	2011		2010
Prepaid expenses:
Prepaid insurance	$	22,957	$	17,386
Other		554		6,023
Prepaid expenses	$	23,511	$	23,409
Property and equipment:
Computers and office furniture, fixtures and equipment	$	87,370	$	90,660
Machinery and equipment		99,015		173,295
Leasehold improvements		8,902		92,233
Less: accumulated depreciation		(155,874)		(246,709)
Property and equipment, net	$	39,414	$	109,479

During the nine months ended September 30, 2011, the Company disposed of assets related to QND and its operations due to downsizing its facility.  The asset values as of September 30, 2011 described above are net of these disposals.

Accrued expenses:
Payroll and related	$	5,250	$	86,000
Professional fees		25,554		82,000
Accrued expenses	$	30,804	$	168,000