Component: (Network and Table) | |
---|---|
Network | 0002 - Statement - Balance Sheets (http://accelr8.com/role/BalanceSheets) |
Table | (Implied) |
Reporting Entity [Axis] | 0000727207 (http://www.sec.gov/CIK) |
Statement of Financial Position [Abstract] | Period [Axis] | |||
---|---|---|---|---|
2012-07-31 | 2012-06-26 | 2011-07-31 | 2010-07-31 | |
Statement of Financial Position [Abstract] | ||||
ASSETS | ||||
Current assets: | ||||
Cash and cash equivalents | 14,263,248 | 775,856 | 283,273 | |
Trade accounts receivable | 750,947 | 596,128 | ||
Inventory | 10,263 | 30,278 | ||
Prepaid expenses and other | 17,928 | 20,577 | ||
Total current assets | 15,042,386 | 1,422,839 | ||
Long term accounts receivable, net of current portion | xsi:nil | 745,440 | ||
Property and equipment, net | 3,956 | 3,528 | ||
Investments, net | 1,486,459 | 1,304,522 | ||
Intellectual property, net | 680,941 | 2,788,009 | ||
Total Assets | 17,213,742 | 6,264,338 | ||
LIABILITIES AND SHAREHOLDERS' EQUITY | ||||
Current liabilities: | ||||
Accounts payable | 63,029 | 34,961 | ||
Accrued compensation and other liabilities | 1,243,342 | 24,582 | ||
Deferred revenue | 85,345 | 9,797 | ||
Total current liabilities | 1,391,716 | 69,340 | ||
Long-term liabilities: | ||||
Deferred compensation | 986,459 | 650,000 | 1,379,522 | |
Total liabilities | 2,378,175 | 1,448,862 | ||
Shareholders' equity: | ||||
Common stock, no par value; 45,000,000 shares authorized; 25,231,939 shares (2012);11,103,367 shares (2011) issued and outstanding | 22,985,809 | 14,333,258 | ||
Contributed capital | 7,924,880 | 1,246,864 | ||
Accumulated deficit | (15,801,522) | (10,491,046) | ||
Shares held for employee benefit (1,129,110 shares at cost) | (273,600) | (273,600) | ||
Total shareholders' equity | 14,835,567 | 4,815,476 | 4,909,778 | |
Total liabilities and shareholders' equity | 17,213,742 | 6,264,338 |