| Schedule of Supplemental Cash Flow |
The
supplemental disclosure requirements for the statements of cash flows are as follows:
| |
|
Year Ended |
|
| |
|
December
31, |
|
| |
|
2013 |
|
|
2012 |
|
| |
|
|
|
|
|
|
| Cash paid during the period for: |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Interest |
|
$ |
232,654 |
|
|
$ |
368,057 |
|
| |
|
|
|
|
|
|
|
|
| Non-cash investing and financing activities during the period: |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Conversion of Series A preferred into common
stock |
|
$ |
- |
|
|
$ |
150,000 |
|
| Conversion of Series B preferred into common
stock |
|
$ |
260,000 |
|
|
$ |
25,000 |
|
| Cancellation of convertible debentures in refinancing |
|
$ |
(1,465,784 |
) |
|
$ |
(1,315,784 |
) |
| Reissuance of convertible debenture in refinancing |
|
$ |
- |
|
|
$ |
1,315,784 |
|
| Reissuance of stock warrants in refinancing |
|
$ |
211,187 |
|
|
$ |
396,186 |
|
| Cancellation of stock warrants in refinancing |
|
$ |
(18,750 |
) |
|
$ |
(88,536 |
) |
| Common stock warrants issued with convertible
debentures |
|
$ |
- |
|
|
$ |
511,765 |
|
| Conversion of vendor payable into secured note
payable |
|
$ |
3,534,793 |
|
|
$ |
- |
|
| Cancellation of secured notes payable in refinancing |
|
$ |
293,734 |
|
|
$ |
- |
|
| Common stock warrants issued with common stock |
|
$ |
243,055 |
|
|
$ |
- |
|
| Common stock warrants issued in conversion of
notes payable |
|
$ |
18,163 |
|
|
$ |
- |
|
| Common stock warrants issued for placement fees |
|
$ |
32,845 |
|
|
$ |
- |
|
| Common stock warrants issued for Series D preferred
stock |
|
$ |
476,343 |
|
|
$ |
- |
|
| Forward contract issued with common stock |
|
$ |
233,131 |
|
|
$ |
- |
|
| Common stock issued for convertible debentures
in refinancing |
|
$ |
435,985 |
|
|
$ |
- |
|
| Redemption feature on preferred stock |
|
$ |
2,192,588 |
|
|
|
- |
|
| Common stock issued for payment of interest in
refinancing |
|
$ |
597,221 |
|
|
$ |
- |
|
|