Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities      
Net Loss $ (4,006,335)us-gaap_NetIncomeLoss $ (10,657,009)us-gaap_NetIncomeLoss $ (13,092,387)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:      
Settlement of litigation and debt 0us-gaap_GainsLossesOnExtinguishmentOfDebt (346)us-gaap_GainsLossesOnExtinguishmentOfDebt (239,775)us-gaap_GainsLossesOnExtinguishmentOfDebt
Share based compensation expense 730,726us-gaap_AllocatedShareBasedCompensationExpense 4,865,658us-gaap_AllocatedShareBasedCompensationExpense 2,712,173us-gaap_AllocatedShareBasedCompensationExpense
Issuance of common stock for services 0us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims 49,000us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims 1,228,250us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims
Issuance of common stock as settlement   3,108,347zero_CommonStockIssuedAsSettlementValue  
Amortization of debt issuance costs and original issue debt discounts including beneficial conversion feature 39,619us-gaap_AmortizationOfFinancingCostsAndDiscounts 0us-gaap_AmortizationOfFinancingCostsAndDiscounts 3,620,092us-gaap_AmortizationOfFinancingCostsAndDiscounts
Change in fair value of derivative liability 0us-gaap_IncreaseDecreaseInDerivativeLiabilities 220,614us-gaap_IncreaseDecreaseInDerivativeLiabilities 4,023,094us-gaap_IncreaseDecreaseInDerivativeLiabilities
Gain on extinguishment of derivative liability 0us-gaap_DerivativeGainLossOnDerivativeNet (3,441,752)us-gaap_DerivativeGainLossOnDerivativeNet (2,445,095)us-gaap_DerivativeGainLossOnDerivativeNet
Gain on disposition of assets 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment (41,923)us-gaap_GainLossOnSaleOfPropertyPlantEquipment 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Depreciation and amortization 13,825us-gaap_DepreciationAndAmortization 15,399us-gaap_DepreciationAndAmortization 36,077us-gaap_DepreciationAndAmortization
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets (15,295)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 10,202us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 37,775us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Other assets 0us-gaap_IncreaseDecreaseInOtherOperatingAssets 4,500us-gaap_IncreaseDecreaseInOtherOperatingAssets 0us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable and accrued expenses (107,577)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (43,408)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (192,796)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Accounts payable - license agreements 219,863us-gaap_IncreaseDecreaseInAccountsPayable (130,400)us-gaap_IncreaseDecreaseInAccountsPayable 137,725us-gaap_IncreaseDecreaseInAccountsPayable
Accounts payable and accrued expenses - related parties (402,521)us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties 128,750us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties (342,718)us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties
Net cash used in operating activities (3,527,695)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (5,912,368)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (4,517,585)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities      
Purchase of equipment 0us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (7,573)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (16,142)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sale of equipment 0us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 27,000us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 0us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Net cash provided by (used in) investing activities 0us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 19,427us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (16,142)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities      
Net proceeds from issuance of convertible notes and warrants 254,900us-gaap_ProceedsFromConvertibleDebt 0us-gaap_ProceedsFromConvertibleDebt 1,835,840us-gaap_ProceedsFromConvertibleDebt
Net proceeds from exercise of warrants and options 1,383,284zero_NetProceedsFromExerciseOfWarrantsAndOptions 8,428,218zero_NetProceedsFromExerciseOfWarrantsAndOptions 3,681,881zero_NetProceedsFromExerciseOfWarrantsAndOptions
Net cash provided by financing activities 1,638,184us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 8,428,218us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 5,517,721us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net (decrease) increase in cash (1,889,511)us-gaap_CashPeriodIncreaseDecrease 2,535,277us-gaap_CashPeriodIncreaseDecrease 983,994us-gaap_CashPeriodIncreaseDecrease
Cash, beginning of period 4,137,068us-gaap_Cash 1,601,791us-gaap_Cash 617,797us-gaap_Cash
Cash, end of period 2,247,557us-gaap_Cash 4,137,068us-gaap_Cash 1,601,791us-gaap_Cash
Supplemental disclosures of cash flow information      
Cash paid during the year for: Interest 0us-gaap_InterestPaidNet 260us-gaap_InterestPaidNet 7,640us-gaap_InterestPaidNet
Cash paid during the year for: Income taxes 0us-gaap_IncomeTaxesPaidNet 0us-gaap_IncomeTaxesPaidNet 0us-gaap_IncomeTaxesPaidNet
Non-cash investing and financing activities      
Conversion of accounts payable and accrued expenses to convertible debentures 0zero_ConversionOfAccountsPayableAndAccruedExpensesToConvertibleDebentures 0zero_ConversionOfAccountsPayableAndAccruedExpensesToConvertibleDebentures 52,371zero_ConversionOfAccountsPayableAndAccruedExpensesToConvertibleDebentures
Conversion of convertible debentures to common stock 35,750us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments 0us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments 3,789,634us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
Exercise of options and warrants applied to accounts payable 30,000zero_ExerciseOfOptionsAndWarrantsAppliedToAccountsPayable 49,000zero_ExerciseOfOptionsAndWarrantsAppliedToAccountsPayable 0zero_ExerciseOfOptionsAndWarrantsAppliedToAccountsPayable
Fair value of warrants issued to settle payables 0zero_FairValueOfWarrantsIssuedToSettlePayables 129,622zero_FairValueOfWarrantsIssuedToSettlePayables 0zero_FairValueOfWarrantsIssuedToSettlePayables
Receivable from sale of equipment 0zero_ReceivableFromSaleOfEquipment 27,000zero_ReceivableFromSaleOfEquipment 0zero_ReceivableFromSaleOfEquipment
Fair value of warrants and beneficial conversion feature associated with issued convertible notes $ 119,671us-gaap_AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature $ 0us-gaap_AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature $ 1,888,211us-gaap_AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature