XML 33 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2011
Jul. 31, 2010
Net income (loss) $ (1,305,395) $ (1,207,710)
Depreciation and amortization 13,490 26,353
Deferred rent   (8,273)
Share-based compensation - stock options 60,773 8,915
Share-based compensation - common stock 17,800  
Accrued stock contribution 7,717 (2,580)
Gains on sale of rental assets (34,728)  
Unrealized loss on derivative instrument 32,510  
Receivables (102,775) (2,275,695)
Prepaid expenses and other current assets (2,670) 40,958
Inventory (2,220,227) 160,883
Accounts payable, accrued expenses and other liabilities 3,254,834 1,171,520
Net cash (used in) operating activities (278,671) (2,085,629)
Purchase of property and equipment (14,415) (14,581)
Proceeds from sale of rental asset 43,800  
Increase in security deposits (2,275)  
Net cash provided by (used in) provided by investing activities 27,110 (14,581)
Proceeds from sale of stock   2,066,478
Financing costs   (140,112)
Proceeds from note payable 50,000  
Repayment of note payable (50,000)  
Proceeds from exercise of stock options 10,050  
Cash provided by financing activities 10,050 1,926,366
Net (decrease) in cash and cash equivalents (241,511) (173,844)
Cash and cash equivalents at beginning of period 557,018 1,081,328
Cash and cash equivalents at end of period 315,507 907,484
Cash paid for interest $ 10,932