Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED) (USD $)
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning Balance, Amount at Dec. 31, 2012 $ 108,103 $ 124,188,415 $ (117,954,116) $ 6,342,402
Beginning Balance, Shares at Dec. 31, 2012 108,103,001      
Stock-based compensation expense related to employee stock options   87,542   87,542
Shares issued on conversion of preferred stock, Shares 16,846,139      
Shares issued on conversion of preferred stock, Amount 16,846 2,665,032   2,681,878
Shares issued for cashless Series B warrants exercised, Shares 86,472      
Shares issued for cashless Series B warrants exercised, Amount 86 (86)    
Accretion of redeemable preferred stock discount   (680,643)   (680,643)
Accretion of redeemable preferred stock dividends   (176,594)   (176,594)
Net loss     (1,513,834) (1,513,834)
Ending Balance, Amount at Sep. 30, 2013 $ 125,035 $ 126,083,666 $ (119,467,950) $ 6,740,751
Ending Balance, Shares at Sep. 30, 2013 125,035,612