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

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 3 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss $ (2,731,300) $ (97,700) $ (8,866,600) $ (8,174,000)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization 4,000 2,700 11,900 9,400
Amortization of discount on bridge notes issued 1,379,100 600,300 4,197,800 335,900
Stock-based compensation 335,500 434,200 1,605,400 1,302,100
Extinguishment of debt     1,968,000 1,094,300
Issuance of warrants for consulting services     0 199,000
Issuance of warrants for financing services 5,700 82,700 183,500 193,400
Reversal of prior period accruals     (458,800) 0
Write-off of doubtful accounts     0 12,950
Gain on derivative liability valuation (232,100) (4,217,500) (6,826,700) 0
Non-cash interest expense 138,900 2,021,200 3,366,800 21,600
Changes in operating assets and liabilities        
Accounts receivable 20,200 (2,200) (5,500) (150)
Prepaids and other current assets 23,200 39,500 12,800 4,600
Accounts payable and accrued liabilities 54,100 (21,400) 615,300 231,900
Deferred compensation 1,100 (20,300) 27,300 43,500
Accrued patient costs     0 (170,500)
Security deposit on new lease 4,600 0 3,200 (14,600)
Net cash used in operating activities (997,000) (1,178,500) (4,165,600) (4,910,600)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Acquisition of furniture &equipment (1,900) (15,900) (21,600) (14,900)
Acquisition of intellectual property (21,200) 0    
Net cash used in investing activities (23,100) (15,900) (21,600) (14,900)
CASH FLOWS FROM FINANCING ACTIVITIES        
Repayment of convertible debt with accrued interest     15,900 0
Repayment of note 0 (24,700) (26,200) (94,100)
Repayment of leases (1,500) (1,000) (6,100) (1,900)
New equipment lease 0 15,900    
Net proceeds from bridge notes 1,040,400 1,840,000    
Proceeds from exercise of warrants 900 0    
Proceeds from the sale of common stock, net of offering costs     0 2,995,400
Net proceeds from secured convertible notes     1,840,000 1,000,000
Net proceeds from subordinated convertible notes     2,395,000 0
Proceeds from related party loan     0 100,000
Net cash provided by financing activities 1,039,800 1,830,200 4,218,600 3,999,400
NET INCREASE (DECREASE) IN CASH 19,700 635,800 31,400 (926,100)
Cash, beginning of period 93,400 62,000 62,000 988,100
Cash, end of period 113,100 697,800 93,400 62,000
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION        
Interest 0 1,000 3,200 7,900
Income taxes 900 1,300 1,300 800
Fair value of note payable to officer issued for acquisition     0 24,700
Fair value of equipment acquired through lease     16,300 6,600
Fair value of intellectual property 21,200 0    
Non-cash financing activities:        
Shares issued for accounts payable     44,000  
Offering costs $ 101,100 $ 0 $ 103,000 $ 0