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Consolidated Balance Sheets (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and cash equivalents$ 1,986,165$ 4,885,972
Short-term investments 25,816
Accounts receivable, net of allowance for doubtful accounts of $26,073 and $72,145 at September 30, 2011 and December 31, 2010, respectively 2,750,447
Prepaid expenses and other224,169265,683
Total current assets2,210,3347,927,918
Property and equipment, net28,822104,729
Other assets4,5844,584
Total assets2,243,7408,037,231
Current liabilities:  
Accounts payable491,9391,351,004
Accrued liabilities268,355595,341
Current portion of loan payable 757,471
Total current liabilities760,2942,703,816
Commitments and contingencies  
Stockholders' equity :  
Convertible preferred stock, $1.00 par value; 5,000,000 shares authorized and 3,350,000 shares issued and outstanding at September 30, 2011 and December 31, 2010 (liquidation value - $33,500,000 at September 30, 2011 and December 31, 2010)3,350,0003,350,000
Common stock, $.01 par value: 170,000,000 shares authorized at September 30, 2011 and December 31, 2010: 12,237,644 and 11,517,566 shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively122,376115,176
Additional paid-in capital385,835,858384,130,011
Treasury stock, at cost: 79,545 shares held at September 30, 2011 and December 31, 2010(8,034,244)(8,034,244)
Accumulated deficit(379,790,544)(374,227,528)
Total stockholders' equity1,483,4465,333,415
Total liabilities and stockholders' equity$ 2,243,740$ 8,037,231