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

Statements of Operations

v2.4.0.6
Statements of Operations (USD $)
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Income Statement [Abstract]    
PCT Products, services, other $ 767,765 $ 877,657
Grant revenue 219,964 462,465
Total revenue 987,729 1,340,032
Cost of PCT products and services 342,865 376,514
Research and development 969,473 1,232,566
Selling and marketing 931,073 1,204,892
General and administrative 2,034,458 1,924,814
Total operating costs and expenses 4,277,869 4,738,786
Operating loss (3,290,140) (3,398,754)
Interest (expense) income (136,595) 2,303
Change in fair value of warrant derivative liability 529,303   
Total other income (expense) 392,708 246,782
Loss before income taxes (2,897,432) (3,151,972)
Income tax benefit    23,710
Net loss (3,128,262) (3,128,262)
Accrued interest on convertible debt 18,896   
Accrued and deemed dividends on convertible preferred stock (1,532,936) (502,564)
Net loss applicable to common shareholders $ (4,411,472) $ (3,630,826)
Net loss per share attributable to common stockholders - basic and diluted (in dollars per share) $ (0.67) $ (1.35)
Weighted average common stock shares outstanding used in the basic and diluted net loss per share calculation (in shares) 6,618,484 2,687,141