v2.4.0.6
Notes Payable
 3 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
Notes Payable

 

A summary of our notes payable as of March 31, 2012 and related changes for the three-months ended March 31, 2012 are as follows:

 

Type  Balance
January 1, 2012		  Additions  Payments and Conversions  Beneficial Conversion Feature Discount  Carrying value at March 31, 2012  Interest accrued interest
Total other notes payable  $15,000   $—     $—     $—     $15,000   $8,127 
                               
Debentures  $50,000   $—     $—     $—     $50,000   $14,904 
                               
Total debt  $65,000   $—     $—     $—     $65,000   $23,031 

 

During the three months ended March 31, 2012 we recognized $1,296 of interest expense.  All of the above notes payable are classified as current.