v2.4.0.6
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIT (USD $)
Total
Common Stock
Non-Voting Preferred Stock-Series A
Deferred Stock Issuances
Additional Paid-in Capital
Deficit Accumulated During the Development Stage
Beginning balance at Dec. 31, 2012 $ (475,376) $ 11,408 $ 0 $ (146) $ 45,886,596 $ (46,373,234)
Beginning balance (in shares) at Dec. 31, 2012   11,408,274 0      
Non-voting preferred stock issued in February 2013 private placement at $0.70 per share, net (in shares)     761,429      
Non-voting preferred stock issued in February 2013 private placement at $0.70 per share, net 507,133   761   506,372  
Conversion of Series A non-voting preferred stock to common stock (in shares)   474,105 (474,105)      
Conversion of Series A non-voting preferred stock to common stock   474 (474)      
Deemed dividend related to beneficial conversion feature of Series A non-voting preferred stock 0       180,502 (180,502)
Repurchase of outstanding warrants (33,000)       (33,000)  
Stock-based compensation (17,923)       (17,923)  
Net loss (1,257,051)         (1,257,051)
Ending balance at Mar. 31, 2013 $ (1,276,217) $ 11,882 $ 287 $ (146) $ 46,522,547 $ (47,810,787)
Ending balance (in shares) at Mar. 31, 2013   11,882,379 287,324