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16. QUARTERLY INFORMATION (UNAUDITED) | 12 Months Ended
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Sep. 30, 2012
Quarterly Financial Information Disclosure [Abstract] |
16. QUARTERLY INFORMATION (UNAUDITED) | The following quarterly data are derived from the Company’s consolidated statements of operations. Financial Data
Fiscal 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Three months |  |  | Three months |  |  | Three months |  |  | Three months |  |  |  |
|  | ended |  |  | ended |  |  | ended |  |  | Ended |  |  | Year Ended |
|  | December 31, 2011 |  |  | March 31, 2012 |  |  | June 30, 2012 |  |  | September 30, 2012 |  |  | September 30, 2012 |
Revenue |  | $ | 5,024 |  |  | $ | 106,543 |  |  | $ | 35,000 |  |  | $ | 108,043 |  |  | $ | 254,610 |
Operating expenses |  |  | 4,448,300 |  |  |  | 4,368,900 |  |  |  | 4,248,098 |  |  |  | 4,432,152 |  |  |  | 17,497,450 |
Non operating income (expenses) |  |  | (94,407 | ) |  |  | (27,275 | ) |  |  | (12,737 | ) |  |  | (11,734 | ) |  |  | (146,153 | )
Gain/(loss) on derivative instruments |  |  | 956,470 |  |  |  | (4,204,327 | ) |  |  | 3,390,389 |  |  |  | 1,769,151 |  |  |  | 1,911,683 |
Net loss |  |  | (3,581,213 | ) |  |  | (8,493,959 | ) |  |  | (835,446 | ) |  |  | (2,566,692 | ) |  |  | (15,477,310 | )
Issuance of additional shares due to reset provision |  |  | (250,000 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (250,000 | )
Modification of warrants |  |  | (325,620 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (325,620 | )
Inducement warrants |  |  | - |  |  |  | (1,593,000 | ) |  |  | - |  |  |  | - |  |  |  | (1,593,000 | )
Net loss available to common shareholders |  | $ | (4,156,833 | ) |  | $ | (10,086,959 | ) |  | $ | (835,446 | ) |  | $ | (2,566,692 | ) |  | $ | (17,645,930 | )
Net loss per share-basic |  | $ | (0.02 | ) |  | $ | (0.04 | ) |  | $ | (0.00 | ) |  | $ | (0.01 | ) |  | $ | (0.07 | )
Net loss per share-diluted |  | $ | (0.02 | ) |  | $ | (0.04 | ) |  | $ | (0.00 | ) |  | $ | (0.01 | ) |  | $ | (0.07 | )
Weighted average shares-basic and diluted |  |  | 228,568,435 |  |  |  | 247,369,587 |  |  |  | 258,467,582 |  |  |  | 272,974,949 |  |  |  | 251,836,540 |
Fiscal 2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Three months |  |  | Three months |  |  | Three months |  |  | Three months |  |  |  |
|  | ended |  |  | ended |  |  | ended |  |  | Ended |  |  | Year Ended |
|  | December 31, 2010 |  |  | March 31, 2011 |  |  | June 30, 2011 |  |  | September 30, 2011 |  |  | September 30, 2011 |
Revenue |  | $ | 662,818 |  |  | $ | 43,815 |  |  | $ | 77,403 |  |  | $ | 172,118 |  |  | $ | 956,154 |
Operating expenses |  |  | 4,978,852 |  |  |  | 5,140,811 |  |  |  | 4,923,147 |  |  |  | 3,899,018 |  |  |  | 18,941,828 |
Non operating income (expenses) |  |  | 11,477 |  |  |  | 5,305 |  |  |  | (31,822 | ) |  |  | (143,777 | ) |  |  | (158,817 | )
Other expenses |  |  | - |  |  |  | (12,000,000 | ) |  |  | - |  |  |  | - |  |  |  | (12,000,000 | )
Gain/(loss) on derivative instruments |  |  | (1,946,395 | ) |  |  | 3,062,087 |  |  |  | 1,763,311 |  |  |  | 1,553,145 |  |  |  | 4,432,148 |
Net loss |  |  | (6,250,952 | ) |  |  | (14,029,604 | ) |  |  | (3,114,255 | ) |  |  | (2,317,532 | ) |  |  | (25,712,343 | )
Modification of warrants |  |  | - |  |  |  | (1,068,369 | ) |  |  | - |  |  |  | - |  |  |  | (1,068,369 | )
Net loss available to common shareholders |  | $ | (6,250,952 | ) |  | $ | (15,097,973 | ) |  | $ | (3,114,255 | ) |  | $ | (2,317,532 | ) |  | $ | (26,780,712 | )
Net loss per share-basic |  | $ | (0.03 | ) |  | $ | (0.07 | ) |  | $ | (0.01 | ) |  | $ | (0.01 | ) |  | $ | (0.13 | )
Net loss per share-diluted |  | $ | (0.03 | ) |  | $ | (0.09 | ) |  | $ | (0.02 | ) |  | $ | (0.02 | ) |  | $ | (0.15 | )
Weighted average shares-basic and diluted |  |  | 205,112,418 |  |  |  | 207,089,841 |  |  |  | 208,402,408 |  |  |  | 213,319,921 |  |  |  | 208,488,987 |
The Company has experienced large swings in its quarterly gains and losses in 2012 and 2011. These swings are caused by the changes in the fair value of convertible debt and warrants each quarter. These changes in the fair value of these securities are recorded on the consolidated statements of operations. The $12 million other expense reported in 2011 was the cost for the settlement of the lawsuit. See Note 13 for a discussion of the lawsuit.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=20225539&loc=d3e1280-108306 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 30 -Subparagraph a-j -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 23, 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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