Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

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Balance Sheets (USD $)
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 1,130,486 $ 171,739
Restricted cash 195,388 264,960
Accounts receivable, net 39,422 92,644
Inventory, net 353,822 475,592
Prepaid expenses and other current assets 152,326 113,331
Total current assets 1,871,444 1,118,266
Property and equipment, net 111,491 148,686
Total assets 1,982,935 1,266,952
Current liabilities:    
Accounts payable and accrued expenses 1,254,890 1,740,216
Short term notes payable 35,295 53,092
Deferred revenue 85,319 152,962
Convertible secured note payable to shareholder   7,500,000
Total current liabilities 1,375,504 9,446,270
Note payable to shareholder 2,056,030  
Shareholders' deficit:    
Preferred stock, no par value; 20,000,000 shares authorized; none issued and outstanding      
Common stock, $0.001 par value; 50,000,000 shares authorized; 16,567,220 and 5,894,176 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively 16,567 5,894
Additional paid-in capital 48,076,429 32,810,704
Accumulated deficit (49,541,595) (40,995,916)
Total shareholders' deficit (1,448,599) (8,179,318)
Total liabilities and shareholders' deficit $ 1,982,935 $ 1,266,952