XML 28 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
REVENUES:    
Government contract revenue $ 1,358,189  
Product sales 1,432  
Total revenues 1,359,621  
OPERATING EXPENSES    
Professional fees 1,566,827 1,112,476
Payroll and related 2,054,550 2,902,415
General and administrative 852,579 542,225
4,473,956 4,557,116
OPERATING LOSS (3,114,335) (4,557,116)
OTHER (INCOME) EXPENSE    
Loss on extinguishment of debt 77,265 3,306,250
Change in fair value of derivative liabilities 766,903 (6,079,772)
Interest and other debt expenses 3,793,758 3,951,352
Interest income and other 359,079 (23,511)
4,997,005 1,154,319
NET LOSS $ (8,111,340) $ (5,711,435)
Basic and diluted net loss per share (in Dollars per share) $ (0.08) $ (0.08)
Weighted average number of common shares outstanding - basic and diluted (in Shares) 101,765,705 69,610,635