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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
Sep. 30, 2012
Dec. 31, 2011
CURRENT ASSETS    
Cash and cash equivalents $ 7,830,347 $ 22,211,897
Inventory 56,968 51,174
Prepaid expenses and other current assets 1,861,407 2,692,303
Total current assets 9,748,722 24,955,374
Equipment, net 1,251,083 1,347,779
Deferred license and consulting fees 712,981 843,944
Deposits 67,889 63,082
Intangible assets, net 21,089,661 18,619,516
TOTAL ASSETS 32,870,336 45,829,695
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 2,162,390 2,681,111
Deferred grant income 55,710 261,777
Deferred license and subscription revenue, current portion 354,703 203,767
Total current liabilities 2,572,803 3,146,655
LONG-TERM LIABILITIES    
Deferred license revenue, net of current portion 790,146 899,551
Deferred rent, net of current portion 60,462 66,688
Other long term liabilities 235,330 258,620
Total long-term liabilities 1,085,938 1,224,859
Commitments and contingencies      
EQUITY    
Preferred Shares, no par value, authorized 1,000,000 shares; none issued      
Common shares, no par value, authorized 75,000,000 shares; 50,868,932 issued, and 49,162,758 outstanding at September 30, 2012 and 50,321,962 issued, and 49,035,788 outstanding at December 31, 2011 120,905,891 115,144,787
Contributed capital 93,972 93,972
Accumulated other comprehensive income (197,384) (122,749)
Accumulated deficit (95,860,758) (80,470,009)
Treasury stock at cost: 1,706,174 shares at September 30, 2012 and 1,286,174 shares at December 31, 2011 (8,001,762) (6,000,000)
Total shareholders' equity 16,939,959 28,646,001
Non-controlling interest 12,271,636 12,812,180
Total equity 29,211,595 41,458,181
TOTAL LIABILITIES AND EQUITY $ 32,870,336 $ 45,829,695