v2.4.0.8
SUPPLEMENTAL CASH FLOW FINANCIAL INFORMATION (Tables)
6 Months Ended
Jun. 30, 2014
Supplemental Cash Flow Financial Information Tables  
Schedule of Supplemental Cash Flow

The supplemental disclosure requirements for the statements of cash flows are as follows:    

 

    Six Months Ended June 30,  
    2014     2013  
             
Cash paid during the period for:            
             
Interest   $ 122,476     $ 183,912  
                 
Non-cash investing and financing activities during the period:                
                 
   Reissuance of stock warrants in refinancing   $ 167,532     $ -  
   Cancellation of stock warrants in refinancing   $ (24,120 )   $ -  
   Common stock  issued for payment of forward contract   $ 115,767     $ -  
   Series D preferred stock issued as payment for milestone adjustment   $ 662,057     $ -  
   Conversion of Series B Preferred stock into common   $ -     $ 185,000  
   Conversion of vendor payable into secured note payable   $ -     $ 3,534,793  
   Conversion of secured notes payable in refinancing   $ -     $ 293,734  
   Common stock warrants issued with common stock   $ -     $ 243,055  
   Common stock warrants issued for placement fees   $ -     $ 32,845  
   Common stock warrants issued for Series D preferred stock   $ -     $ -  
   Forward contract issued with common stock   $ -     $ 233,131  
   Common stock issued for payment of interest in refinancing   $ 63,104     $ -