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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
REVENUE:    
PCT Products, services, other$ 217,734$ 194,730$ 589,063$ 667,262
Grant revenue62,688177,37362,688397,758
Total revenue280,422372,103651,7511,065,020
COSTS AND EXPENSES:    
Cost of PCT products and services93,61086,285250,835300,360
Research and development248,188382,054730,962980,338
Selling and marketing193,975313,412740,358890,265
General and administrative490,460432,9391,351,3031,445,742
Total operating costs and expenses1,026,2331,214,6903,073,4583,616,705
Operating loss(745,811)(842,587)(2,421,707)(2,551,685)
Interest (expense) income(39,358)438(39,029)1,560
Change in fair value of warrant derivative liability223,4460307,4670
Loss before income taxes(561,723)(842,149)(2,153,269)(2,550,125)
Income tax benefit0244,4790244,479
Net loss(561,723)(597,670)(2,153,269)(2,305,646)
Accrued interest on convertible debt5,20805,2080
Accrued and deemed dividends on convertible preferred stock(397,331)(95,205)(944,782)(408,767)
Net loss applicable to common shareholders$ (953,846)$ (692,875)$ (3,092,843)$ (2,714,413)
Net loss per share attributable to common stockholders - basic and diluted (in dollars per share)$ (0.15)$ (0.26)$ (0.50)$ (1.01)
Weighted average common stock shares outstanding used in the basic and diluted net loss per share calculation (in shares)6,253,3492,687,8536,228,5852,683,706