XML 36 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Statement of Stockholders' Equity (USD $)
Common Stock [Member]
Common Class B [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Total
Balances at Jan. 22, 2008          
Shares issued to founders, at no cost $ 107 $ 48 $ 33,045 $ 0 $ 33,200
Shares issued to founders, at no cost (in shares) 1,065,000 476,000      
Shares issued for services ($0.02 per share) 13 0 2,487 0 2,500
Shares issued for services ($0.02 per share) (in shares) 125,000 0      
Shares issued for cash ($0.02 per share) 0 38 9,562 0 9,600
Shares issued for cash ($0.02 per share) (in shares) 0 384,000      
Shares issued for cash ($1.80 per share) 45 0 841,106 0 841,151
Shares issued for cash ($1.80 per share) (in shares) 467,310 0      
Shares issued for cash ($2.20 per share) 137 0 2,999,237 0 2,999,374
Shares issued for cash ($2.20 per share) (in shares) 1,363,364 0      
Issuance costs 0 0 (813,168) 0 (813,168)
Share based payments of warrants 0 0 111,976 0 111,976
Shares issued for services ($1.80 per share) 14 0 263,943 0 263,957
Shares issued for services ($1.80 per share) (in shares) 146,644 0      
Shares issued for services ($2.20 per share) 73 0 1,613,671 0 1,613,744
Shares issued for services ($2.20 per share) (in shares) 733,523 0      
Conversion of shares 108 (86) (22) 0 0
Conversion of shares (in shares) 1,075,000 (860,000)      
Share based compensation 19 0 302,302 0 302,321
Share based compensation (in shares) 177,375 0      
Shares issued to retire payable ($4.00 per share) (in shares) 3,555        
Net loss 0 0 0 (4,490,238) (4,490,238)
Balances at Dec. 31, 2011 516 0 5,364,139 (4,490,238) 874,417
Balances (in shares) at Dec. 31, 2011 5,153,216 0      
Issuance costs     2,700,000    
Shares issued in initial public offering ($4.00 per share) 345 0 13,799,655 0 13,800,000
Shares issued in initial public offering ($4.00 per share) (in shares) 3,450,000 0     136,368
Issuance costs of initial public offering 0 0 (2,727,438) 0 (2,727,438)
Share based payments of warrants 0 0 127,520 0 127,520
Shares issued for services ($4.00 per share) 1 0 71,999 0 72,000
Shares issued for services ($4.00 per share) (in shares) 18,000 0      
Shares issued to retire payable ($4.00 per share) 11 0 439,989 0 440,000
Shares issued to retire payable ($4.00 per share) (in shares) 110,000 0      
Shares issued for services ($4.94 per share) 3 0 102,744 0 102,747
Shares issued for services ($4.94 per share) (in shares) 20,799 0      
Share based compensation 0 0 95,295 0 95,295
Net loss 0 0 0 (1,884,430) (1,884,430)
Balances at Jun. 30, 2012 $ 876 $ 0 $ 17,273,903 $ (6,374,668) $ 10,900,111
Balances (in shares) at Jun. 30, 2012 8,752,015 0