XML 24 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Balance Sheets (USD $)
Sep. 30, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 802,797 $ 422,984
Investments in available-for-sale securities 2,020,542 2,491,773
Other current assets 27,094 21,868
Total current assets 2,850,433 2,936,625
Other assets:    
Investment in ClearSign 0 1,000,000
Total Assets 2,850,433 3,936,625
Liabilities and stockholders' equity    
Accounts payable 13,951 5,451
Accrued stock compensation 15,625 15,625
Income taxes payable 7,213 0
Conversion feature liability 114,019 81,101
Total current liabilities 150,808 102,177
Commitments and contingencies      
Redeemable convertible preferred stock, $0.01 par value, 1,000,000 shares authorized; 168 shares issued and outstanding ($168,496 aggregate liquidation value) 168,496 168,496
Stockholders' equity:    
Common stock, $0.01 par value, 100,000,000 shares authorized; 8,239,947 and 8,028,779 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively 82,399 80,287
Additional paid-in capital 64,337,314 64,292,551
Accumulated deficit (61,870,295) (60,681,860)
Accumulated other comprehensive loss (18,289) (25,026)
Total stockholders' equity 2,531,129 3,665,952
Total liabilities and stockholders' equity $ 2,850,433 $ 3,936,625