XML 48 R45.htm IDEA: XBRL DOCUMENT v2.4.0.8
Convertible Debt (Details) (USD $)
12 Months Ended 0 Months Ended 12 Months Ended 1 Months Ended 4 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 0 Months Ended 2 Months Ended 12 Months Ended 2 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Sep. 22, 2010
Senior Convertible Secured Notes - 2007 [Member]
Debt_holders
Dec. 31, 2013
Senior Convertible Secured Notes - 2007 [Member]
Dec. 31, 2011
Senior Convertible Secured Notes - 2007 [Member]
Jun. 30, 2011
September 2009 Senior Convertible Secured Notes Financing transaction [Member]
Dec. 15, 2009
September 2009 Senior Convertible Secured Notes Financing transaction [Member]
Dec. 31, 2013
September 2009 Senior Convertible Secured Notes Financing transaction [Member]
Dec. 31, 2011
September 2009 Senior Convertible Secured Notes Financing transaction [Member]
Jun. 30, 2010
Senior Convertible Secured Notes - 2010 [Member]
Dec. 31, 2013
Senior Convertible Secured Notes - 2010 [Member]
Dec. 31, 2011
Senior Convertible Secured Notes - 2010 [Member]
Dec. 13, 2011
Senior Convertible Secured Notes- 2011 [Member]
Nov. 30, 2011
Senior Convertible Secured Notes- 2011 [Member]
Apr. 30, 2011
Senior Convertible Secured Notes- 2011 [Member]
Dec. 31, 2013
Senior Convertible Secured Notes- 2011 [Member]
Dec. 31, 2011
Senior Convertible Secured Notes- 2011 [Member]
Jun. 30, 2011
Senior Convertible Secured Notes- 2011 [Member]
Oct. 31, 2010
Warrant Repricing and Debt Extension Financing Transaction - 2010 [Member]
Dec. 13, 2010
Warrant Repricing and Debt Extension Financing Transaction - 2010 [Member]
Convertible Debt (Textual)                                            
Convertible promissory notes $ 0 $ 0     $ 126,362                                  
Convertible promissory notes, interest rate description           Greater of 8% or LIBOR plus 3% interest per annum.       Annual interest rate of 7%, payable on June 30 and December 31 of each year.     Annual interest rate of 7%, payable on June 30 and December 31 of each year.         Interest at a rate of seven percent (7%) per annum, that was scheduled to mature on March 1, 2014        
Maturity date of convertible notes         Aug. 26, 2010 Aug. 26, 2010     Dec. 31, 2010 Dec. 31, 2010     Dec. 31, 2010       Mar. 01, 2014       Dec. 31, 2010  
Proceeds from Issuance of Private Placement                 987,000     1,597,000         4,200,000          
Extended maturity date of convertible promissory notes           Apr. 26, 2011     Jun. 30, 2011 Jun. 30, 2011     Jun. 30, 2011               Jun. 30, 2011  
Number of debt holders under debt modification agreement         2                                  
Debt-for-equity repayment plan           Retired the convertible promissory notes in equal installments by issuing our common stock priced at a 15% discount from the average market closing price for the five days ending on the 25th of each month over the eight month period beginning September 26, 2010 ending on April 26, 2011.                                
Right of holder under debt-for-equity repayment plan           Right to convert the outstanding balance priced at $2.25 per share if the market value of our common stock was greater than $2.50 per share for five consecutive days.       Right to have the conversion price adjusted to equal the lower stock price if we issued common stock or convertible notes at a lower conversion price than $0.50 per share during the period that the notes were outstanding.     Right to have the conversion price adjusted to equal the lower stock price if we issued stock or convertible notes at a lower conversion price than $0.50 during the period that the notes were outstanding.                  
Stock issued to holders of notes             31,570       1,851,486     3,557,171                
Shares issued on conversion of convertible notes                             1,513,237 232,125 1,691,320          
Principal amount of convertible notes converted into shares                     912,036     1,750,143 3,700,000              
Accrued interest on convertible notes converted into shares                     13,707     28,442 130,000              
Payment of convertible debt in cash       25,000         25,000                            
Debt maturity, principal payment             84,657                              
Debt maturity interest payment             1,054                              
Conversion price           $ 87.50     $ 0.50 $ 0.50   $ 0.50     $ 2.50     $ 2.5        
Interest rate payable on notes                 7.00%                          
Warrants Issued 1,815,368 361,000               986,983   1,760,712             422,830      
Period of warrants                                         3 years  
Warrants, exercise price     $ 2             $ 1   $ 1             $ 3.13   $ 1.00  
Period from which Warrants Exercisable                   Beginning on the six-month anniversary of the date of issuance until the warrant expiration date.     Beginning on the six-month anniversary date of issuance until the warrant expiration date.                  
Derivative liabilities                     4,600,000     8,700,000     4,800,000   6,700,000      
Loss on embedded derivative                     2,300,000     4,400,000         1,900,000      
Fair value of embedded derivative liability                     0     0         0      
Converted accounts payable related to private placement of convertible notes                       163,000                    
Notes would automatically converted into common stock on or before due date when                                   The notes were automatically convertible into shares of the Company's common stock in the event that on or before the note due date either (a) the Company's common stock was traded at a price per share of $6.25 or higher for five (5) consecutive trading days, or (b) the Company consummated a financing in the amount of at least $5 million.        
Investor receives number of warrants                                     Equal to twenty-five percent (25%) of the investor's note to the Company.      
Proceeds from exercise of warrants 714,000 223,000 515,000                                   2,400,000  
Interest expense       288,000               15,000     28,000     1,500,000   232,000      
Value of warrants on relative fair value basis using Black-Scholes option pricing model                                 937,000          
Accrued Interest                                     69,628 69,628    
Accrued Interest Paid To Note Holders                                     10,277 10,277    
Notes converted to common stock, amount                               575,000            
Notes converted, original debt, amount                               4,200,000            
Proceeds from public offering pursuant to registration statement on form S-3 (in excess)                             5,000,000              
Bonus interest feature common stock issued                             99,461       99,461      
Discounted warrant exercise price                                         $ 0.88  
Shares issued on warrant exercise                                         2,766,857  
Shares issued of unregistered common stock to note holders                                     27,851      
Warrant exercise price on replacement of previously issued warrants                                         $ 1.38  
Warrants revalued on replacement                                           4,335,785
Fair value of shares issued                             397,845              
Convertible debt outstanding   $ 0 $ 0 $ 0