XML 24 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED BALANCE SHEETS (USD $)
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 3,831,625 $ 1,728,222
Accounts receivable from related party 4,916 2,662
Trade accounts receivable 31,238 55,892
Inventory 88,368 107,758
Prepaid expenses 243,596 217,387
Total current assets 4,199,743 2,111,921
Fixed assets, net 183,656 289,011
Intangible assets, net 456,857 514,584
Other assets 38,001 38,001
Total assets 4,878,257 2,953,517
Current liabilities:    
Accounts payable 569,108 369,306
Accrued expenses 234,781 182,597
Deferred revenue 970,943 824,845
Notes payable 14,316,255 13,000,000
Total current liabilities 16,091,087 14,376,748
Commitments and contingencies (Note 8)      
Stockholders' deficit:    
Convertible preferred stock, $0.001 par value - 6,000,000 shares authorized; 5,500,000 and 5,000,000 shares issued and outstanding at June 30, 2012 and December 31, 2011; aggregate liquidation preference of $24,000,000 at June 30, 2012 5,500 5,000
Common stock, $0.001 par value - 100,000,000 shares authorized; 36,761,864 and 36,709,706 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively 36,762 36,710
Additional paid-in capital 93,966,029 91,111,640
Accumulated deficit (105,221,121) (102,576,581)
Total stockholders' deficit (11,212,830) (11,423,231)
Total liabilities and stockholders' deficit $ 4,878,257 $ 2,953,517