General form of registration statement for all companies including face-amount certificate companies

STATEMENTS OF CASH FLOWS

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STATEMENTS OF CASH FLOWS (USD $)
 3 Months Ended 12 Months Ended 110 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Net loss $ (2,356,903) $ (965,252) $ (7,435,422) $ (4,560,263) $ (31,480,426)
Adjustments to reconcile net loss to cash used in operating activities:          
Depreciation and amortization 139,771 144,174 584,841 580,114 2,416,038
Stock-based compensation 417,353 58,462 907,460 353,340 2,854,873
Intrinsic value of beneficial conversion feature associated with convertible debt     257,973 213,792 471,765
Issuance of stock for technology and services         89,520
Impairment of intangible assets       19,671 19,671
Loss on disposal of fixed assets     6,009   36,477
Loss on derivative warrants 28,846   12,158   12,158
Changes in:          
Prepaid expenses and other current assets 71,667 (5,458) (175,883) 18,584 (238,797)
Accounts payable and accrued liabilities (6,412) 293,383 (294,969) (322,707) 97,912
Accrued interest   145,802 158,673 305,049 463,722
Deferred rent 2,987 4,323 9,070 9,973 124,381
Cash used in operating activities (1,702,691) (324,566) (5,970,090) (3,382,447) (25,132,706)
CASH FLOWS FROM INVESTING ACTIVITIES:          
Cash acquired in a business combination     905,649   905,649
Purchases of fixed assets (15,149)   (118,411) (1,652) (5,486,592)
Proceeds from sale of fixed assets         7,000
Purchases of short-term certificates of deposit         (5,500,730)
Proceeds from short-term certificates of deposit         5,500,730
Change in restricted cash     500,000   (55,000)
Payment for intangible assets         (19,671)
Cash provided by (used in) investing activities (15,149)   1,287,238 (1,652) (4,648,614)
CASH FLOWS FROM FINANCING ACTIVITIES:          
Proceeds from issuance of convertible notes       2,720,985 2,720,985
Proceeds from long-term obligations       450,000 1,677,945
Payments on long-term obligations   (49,998) (675,743) (190,789) (1,227,944)
Payments on capital lease obligations (544) (508) (2,085) (1,944) (4,648)
Proceeds from issuance of common stock, net of issuance costs     10,164,546   31,874,254
Proceeds from exercise of warrant         250,000
Repurchase of common stock         (31,667)
Cash paid in lieu of fractional shares in a business combination     (145)   (145)
Change in deferred issuance costs     28,500 99,461 28,500
Cash provided by (used in) financing activities (544) (50,506) 9,515,073 3,077,713 35,287,280
INCREASE (DECREASE) IN CASH AND EQUIVALENTS (1,718,384) (375,072) 4,832,221 (306,386) 5,505,960
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 5,505,960 673,739 673,739 980,125  
CASH AND EQUIVALENTS AT END OF PERIOD 3,787,576 298,667 5,505,960 673,739 5,505,960
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION          
Interest paid   11,563 13,716 54,454 208,689
Fair value of derivative warrants reclassified to additional paid-in capital upon cashless exercise 19,754   48,339   48,339
Issuance of common stock upon conversion of notes payable and accrued interest     3,184,707   3,184,707
Fair value of assets acquired in exchange for securities in a business combination     78,407   78,407
Fair value of liabilities assumed in exchange for securities in a business combination     (439,615)   (439,615)
Excess of purchase price over net assets acquired in a business combination     $ 1,675,462   $ 1,675,462