v2.4.0.6
Statements of Operations (USD $)
12 Months Ended 58 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Income Statement [Abstract]      
Sales $ 190,035 $ 140,707 $ 330,742
Expenses:      
Payroll and payroll taxes 2,903,916 1,327,002 5,553,614
Employee benefits 221,351 133,156 496,079
Stock based compensation 2,002,891 1,436,979 3,457,610
Batteries and motors and supplies 1,131,467 719,644 2,494,649
Vehicles, development and testing 264,415   264,415
Legal and professional 546,866 370,037 1,430,871
Advertising 293,557 260,500 836,897
Consulting 759,791 284,551 1,044,342
Engineering, temporary labor 23,034 203,792 247,049
Travel and entertainment 212,619 88,818 399,127
Depreciation 58,037 40,733 229,378
Rent 139,894 100,585 303,429
Insurance 139,989 86,489 268,712
Facilities, repairs & maintenance 82,585 49,892 162,235
Utilities 32,294 28,519 95,341
Interest and bank fees 10,585 13,199 26,440
Loss on sale of assets 7,644 8,543 13,090
Other 64,811 16,374 106,233
Operating Expenses 8,895,746 5,168,813 17,429,511
Net loss during the development stage $ (8,705,711) $ (5,028,106) $ (17,098,769)
Basic and diluted loss per share (in dollars per share) $ (0.26) $ (0.23) $ (0.78)
Weighted average number of common shares outstanding (in shares) 33,888,737 22,019,054 21,983,930