Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

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Balance Sheets (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 8,267,888 $ 9,925,967
Restricted cash   61,763
Accounts receivables, net 58,878 69,795
Inventory, net 223,318 124,178
Prepaid expenses and other current assets 227,008 221,838
Total current assets 8,777,092 10,403,541
Property and equipment, net 38,198 84,591
Total assets 8,815,290 10,488,132
Current liabilities:    
Accounts payable and accrued expenses 2,364,968 1,157,520
Short-term notes payable 108,220 47,977
Convertible note payable to shareholder 1,956,000  
Deferred revenue 23,711 50,989
Total current liabilities 4,452,899 1,256,486
Shareholders' equity:    
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; 30,168,613 and 27,382,830 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively 30,169 27,383
Additional paid-in capital 71,408,003 63,290,625
Accumulated deficit (67,075,781) (54,086,362)
Total shareholders' equity 4,362,391 9,231,646
Total liabilities and shareholders' equity $ 8,815,290 $ 10,488,132