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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS  
Cash and cash equivalents$ 23,301,191$ 8,884,402
Marketable securities1,116,21510,762,559
Accounts receivable, net of allowance for doubtful accounts of $50,000 and $60,000 in 2011 and 2010, respectively2,231,3743,311,467
Inventory2,967,1312,165,220
Prepaid and other current assets754,2891,344,062
TOTAL CURRENT ASSETS30,370,20026,467,710
Restricted cash175,587174,753
Property, plant and equipment, net1,521,6011,582,777
Deferred charges and other assets61,90268,099
TOTAL ASSETS32,129,29028,293,339
CURRENT LIABILITIES  
Accounts payable1,017,419162,742
Accrued compensation960,4892,243,997
Other accrued expenses2,723,8892,348,838
Deferred revenue0712,338
TOTAL CURRENT LIABILITIES4,701,7975,467,915
Deferred revenue908,5781,917,237
Warrant liability1,698,7691,203,553
Other liabilities161,822181,153
TOTAL LIABILITIES7,470,9668,769,858
COMMITMENTS AND CONTINGENCIES (NOTE 13)  
SHAREHOLDERS' EQUITY  
Capital Stock Authorized: 100,000,000 shares; 40,000,000 shares designated as common stock, no par, and 60,000,000 shares issuable in series or classes; and 40,000 junior Series A preferred shares. Issued and outstanding: 24,649,364 and 24,239,365 shares of common stock, no par, at September 30, 2011 and December 31, 2010, respectively151,985,400151,703,468
Additional paid-in capital10,283,7249,399,434
Accumulated deficit(137,644,010)(141,656,600)
Accumulated other comprehensive income33,21077,179
TOTAL SHAREHOLDERS' EQUITY24,658,32419,523,481
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY$ 32,129,290$ 28,293,339