XML 22 R6.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES  
Net Loss$ (3,043,994)$ (4,476,408)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:  
Non-cash accrued option compensation expense 880,924
Non-cash interest expense related to the amortization of the fair value of warrants issued in conjunction with our convertible notes481,3031,060,154
Amortization and depreciation expense6,5327,173
Increase (decrease) in cash from change in:  
Net Cash Used In Operating Activities(1,334,451)(712,207)
CASH FLOWS FROM INVESTING ACTIVITIES  
Funds used to purchase equipment(3,740) 
Net Cash Used In Investing Activities(3,740) 
CASH FLOWS FROM FINANCING ACTIVITIES  
Proceeds from convertible notes 438,855
Proceeds from note payable 100,000
Payments on note payable(20,000)(20,000)
Net Cash Provided By Financing Activities1,102,770823,855
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS(235,421)111,648
CASH AND CASH EQUIVALENTS — BEGINNING425,069135,350
CASH AND CASH EQUIVALENTS — ENDING189,648246,998
Board of Directors [Member]
  
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:  
Non-cash expense135,905408,040
Settlement Obligations [Member]
  
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:  
Non-cash expense163,998135,457
Consultants Options [Member]
  
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:  
Non-cash expense503,813269,052
Amortization and depreciation expense6,5327,173
Increase (decrease) in cash from change in:  
Accounts receivable5,882(1,543)
Inventory(61,616)(5,506)
Prepaid expenses2,469771
Other assets(26,345) 
Accounts payable and accrued expenses362,078696,771
Deferred revenue(54,652)118,000
Deposits82,500 
Consultants Options [Member] | 2008 Spring Notes [Member]
  
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:  
Issuance of stock for interest incurred during the nine-month period61,739-
Consultants Stock [Member]
  
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:  
Non-cash expense45,937194,908
Summer [Member]
  
CASH FLOWS FROM FINANCING ACTIVITIES  
Proceeds from PPM105,000305,000
Winter [Member]
  
CASH FLOWS FROM FINANCING ACTIVITIES  
Proceeds from PPM967,770 
Fall [Member]
  
CASH FLOWS FROM FINANCING ACTIVITIES  
Proceeds from PPM$ 50,000