Component: (Network and Table) | |
---|---|
Network | 001 - Statement - CONSOLIDATED BALANCE SHEETS (http://www.11goodenergy.com/role/ConsolidatedBalanceSheet) |
Table | Statement [Table] |
Reporting Entity [Axis] | 0001408597 (http://www.sec.gov/CIK) |
Scenario [Axis] | Scenario, Unspecified [Domain] |
Statement [Line Items] | Period [Axis] | |||||
---|---|---|---|---|---|---|
2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2007-05-22 | |
ASSETS | ||||||
Current assets: | ||||||
Cash | 12,895 | 29,879 | 4,869,749 | |||
Inventory | 323,422 | 624,739 | ||||
Accounts receivable, net | 43,906 | 51,801 | ||||
Available for sale securities | 940 | 576,990 | ||||
Other current assets | 25,678 | 24,974 | ||||
Total current assets | 406,841 | 1,308,383 | ||||
Property, plant and equipment, net | 2,167,434 | 2,562,675 | ||||
Other assets: | ||||||
Patents | 79,874 | 58,272 | ||||
Goodwill | 639,504 | |||||
Deposits | 2,163 | 2,163 | ||||
Total other assets | 82,037 | 699,939 | ||||
Total assets | 2,656,312 | 4,570,997 | ||||
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||
Current liabilities: | ||||||
Accounts payable and accrued liabilities | 1,362,922 | 423,952 | ||||
Advances, related party | 67,427 | |||||
Notes payable, related party | 306,000 | |||||
Convertible notes payable, net of deferred debt discount of $75,139 | 474,861 | |||||
Total current liabilities | 2,211,210 | 423,952 | ||||
Commitments and contingencies | ||||||
Stockholders’ equity: | ||||||
Series A Preferred stock, $0.0001 par value; 11,000,000 shares authorized, issued and outstanding at December 31, 2011 and 2010 | 1,100 | 1,100 | ||||
Common stock, $0.0001 par value; 65,000,000 shares authorized; 20,856,561 and 20,811,561 shares issued as of December 31, 2011 and 2010, respectively; 19,901,238 and 19,856,239 shares outstanding as of December 31, 2011 and 2010, respectively | 2,086 | 2,081 | ||||
Additional paid in capital | 24,853,960 | 22,533,011 | ||||
Common stock subscription | 270,000 | |||||
Due from shareholder | (108,519) | (53,519) | ||||
Deficit accumulated during development stage | (22,987,265) | (16,551,567) | ||||
Accumulated other comprehensive loss | (88,760) | (286,561) | ||||
Treasury stock, 955,322 shares as of December 31, 2011 and 2010 | (1,497,500) | (1,497,500) | ||||
Total stockholders’ equity | 445,102 | 4,147,045 | 9,545,007 | (1,933,349) | (184,221) | 2,070 |
Total liabilities and stockholders’ equity | 2,656,312 | 4,570,997 |