XML 37 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
Jun. 30, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 17,222,918 $ 8,049,237
Accounts receivable, net of allowance for doubtful accounts of $12,536 at June 30, 2013 and December 31, 2012 0 669,310
Prepaid expenses and other 233,948 189,465
Total current assets 17,456,866 8,908,012
Property and equipment, net 60,445 52,556
Other assets 21,290 17,427
Total assets 17,538,601 8,977,995
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 599,007 504,851
Payable to related party 0 86,683
Accrued liabilities 150,726 151,219
Total current liabilities 749,733 742,753
Commitments and contingencies      
Stockholders' equity :    
Convertible preferred stock, $1.00 par value; 5,000,000 shares authorized and 0 shares issued and outstanding at June 30, 2013 and December 31, 2012 0 0
Common stock, $.01 par value: 170,000,000 shares authorized at June 30, 2013 and December 31, 2012; 27,102,583 and 22,582,938 shares issued and outstanding at June 30, 2013 and December 31, 2012, respectively 271,024 225,828
Additional paid-in capital 420,871,062 409,374,905
Treasury stock, at cost: 79,545 shares held at June 30, 2013 and December 31, 2012 (8,034,244) (8,034,244)
Accumulated deficit (396,318,974) (393,331,247)
Total stockholders' equity 16,788,868 8,235,242
Total liabilities and stockholders' equity $ 17,538,601 $ 8,977,995