XML 34 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (5,481,799) $ (5,174,035)
Adjustments to reconcile net loss to net cash (used) by operating activities:    
Depreciation and amortization 396,402 527,721
Loan fee amortization 32,791  
Change in derivatives liabilities fair value (123,069) 1,289,184
Note payable interest accretion 676,573  
Investment in unconsolidated entity   (310,000)
Share-based compensation 388,419 448,839
(Increase) decrease in:    
Restricted cash 47,401 114,020
Accounts receivable (1,006,762) (517,421)
Inventory 34,186 166,665
Other assets (499,622) (142,503)
Increase (decrease) in:    
Accounts payable 955,477 (1,770,226)
Accrued expenses and other 113,541 (1,376,174)
Deferred revenue   6,806,268
NET CASH (USED) PROVIDED BY OPERATING ACTIVITIES (4,466,462) 62,338
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (336,275) (229,480)
NET CASH (USED) BY INVESTING ACTIVITIES (336,275) (229,480)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 38,100 126,000
Deferred income from revenue participation rights   5,962,500
Proceeds from issuance loan payable 2,000,000  
Repayment of mortgage and loans payable (130,948) (37,314)
NET CASH PROVIDED BY FINANCING ACTIVITIES 1,907,152 6,051,186
NET INCREASE (DECREASE) INCREASE IN CASH (2,895,585) 5,884,044
CASH AT BEGINNING OF PERIOD 7,971,794 235,762
CASH AT END OF PERIOD 5,076,209 6,119,806
SUPPLEMENTARY INFORMATION:    
Interest paid 279,220 97,988
Income taxes paid      
NON-CASH TRANSACTIONS:    
Accrued compensation paid by equity instruments 347,528 229,564
Equipment purchased with financing 27,200  
Series G Preferred Stock dividend declaration 10,000 240,000
Series G Preferred Stock accretion   $ 423,399