CASCADE TECHNOLOGIES CORP
CIK:0001324344|SEC Filings
|
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)
|
3 Months Ended | 9 Months Ended | 103 Months Ended | ||
|---|---|---|---|---|---|
|
Sep. 30, 2012
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Sep. 30, 2011
|
Sep. 30, 2012
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Sep. 30, 2011
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Sep. 30, 2012
|
|
| Expenses | |||||
| Professional expenses | $ 50,046 | $ 29,175 | $ 203,905 | $ 245,825 | $ 893,569 |
| Rent | 10,050 | 10,050 | 30,220 | 30,155 | 113,985 |
| Depreciation | 3,774 | 3,774 | 11,322 | 11,322 | 36,491 |
| Salary and other compensation expense | 120,606 | 174,253 | 401,915 | 969,988 | 2,365,897 |
| Impairment of intangible assets | 19,450 | ||||
| Patent royalties | 1,901 | ||||
| Consulting and outside services | 15,801 | 143,667 | 3,869 | 454,874 | |
| Other operating expenses | 8,013 | 25,701 | 161,224 | 65,956 | 415,698 |
| Total operating loss | (198,260) | (242,953) | (952,253) | (1,327,115) | (4,301,866) |
| Other Income and Expense | |||||
| Grant income | 12,913 | 38,161 | 53,603 | 103,482 | 432,864 |
| Interest income | 563 | ||||
| Interest expense | (85,216) | (73,690) | (229,109) | (205,907) | (5,202,255) |
| Change in value of derivative liability | 170,320 | 134,461 | (3,256) | 4,821,302 | |
| Total other income and expense | (72,303) | 134,791 | (41,045) | (105,681) | 52,474 |
| Net income (loss) | $ (280,593) | $ (108,162) | $ (993,298) | $ (1,432,796) | $ (4,249,392) |
| Net loss per share applicable to common shareholders - basic | $ 0 | $ 0 | $ 0 | $ (0.01) | |
| Net loss per share applicable to common shareholders - diluted | $ 0 | $ 0 | $ 0 | $ (0.01) | |
| Weighted average number of shares used in computing net loss per share of Common Stock - basic | 214,789,397 | 210,229,614 | 214,342,682 | 201,009,117 | |
| Weighted average number of shares used in computing net loss per share of Common Stock - diluted | 214,789,397 | 210,229,614 | 214,342,682 | 201,009,117 | |