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CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:  
Cash and cash equivalents$ 1,590,755$ 673,739
Restricted cash55,000555,000
Prepaid expenses and other current assets303,63351,042
Deferred issuance costs159,300 
Total current assets2,108,6881,279,781
FIXED ASSETS, NET3,183,6033,510,489
EXCESS PURCHASE PRICE OVER NET ASSETS ACQUIRED1,675,462 
OTHER ASSETS27,22211,872
TOTAL ASSETS6,994,9754,802,142
CURRENT LIABILITIES:  
Accounts payable and accrued liabilities441,653392,881
Accrued interest 305,049
Derivative liability77,967 
Notes payable, current portion 204,802
Capital lease obligations, current portion2,1972,085
Total current liabilities521,817904,817
LONG-TERM LIABILITIES:  
Convertible debt 2,720,985
Notes payable, net of current portion450,000920,941
Deferred rent121,394115,311
Capital lease obligations, net of current portion4,6656,326
Total long-term liabilities576,0593,763,563
COMMITMENTS AND CONTINGENCIES (Note 11 and 12)  
STOCKHOLDERS' EQUITY:  
Preferred stock, $0.00001 par value; 7,000 shares authorized; none issued and none outstanding as of September 30, 2011 and December 31, 2010  
Common stock, $0.00001 par value; 150,000,000 shares authorized; 26,826,157 and 12,820,102 shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively268128
Additional paid-in capital35,411,33724,178,638
Deficit accumulated during the development stage(29,514,506)(24,045,004)
Total stockholders' equity5,897,099133,762
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$ 6,994,975$ 4,802,142