| Cash and cash equivalents |
46.44K |
| Security deposits |
| Prepaid expenses and other current assets |
25.69K |
| Total current assets |
220.04K |
| Property and Equipment, net |
| Indemnity fund |
| Security deposits |
| Total assets |
279.03K |
| Accounts payable and accrued expenses |
1.1M |
| Convertible notes payable |
| Notes payable |
| Accrued interest payable on convertible notes |
| Accrued interest payable on notes payable |
| Accrued lease (Note 6) |
| Total current liabilities |
1.81M |
| Accrued lease, excluding current portion (Note 6) |
| Total liabilities |
11.26M |
| Commitments and contingencies (Note 8) |
0 |
| Series F convertible redeemable preferred stock, $.01 par value; 200,000 shares designated; 12,000 and 196,000 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively (liquidation preference of $300,000 at June 30, 2011) |
400.89K |
| Preferred stock, $.01 par value; 1,000,000 shares authorized; 25,000 shares designated Convertible Series A, 500,000 shares designated Convertible Series D and 800 shares designated Convertible Series E; no shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively |
| Common stock, $.01 par value; 79,730,000 shares authorized at June 30, 2011 and December 31, 2010; 31,385,645 and 26,785,645 issued and outstanding at June 30, 2011 and December 31, 2010, respectively. |
306.36K |
| Additional paid-in capital |
188.65M |
| Deficit accumulated during development stage |
| Total stockholders' deficit |
-11.38M |
| Total liabilities and stockholders' deficit |
279.03K |
