Rendering

Component: (Network and Table)
Network
002 - Statement - CONSOLIDATED BALANCE SHEETS
(http://www.technestinc.com/role/StatementOfFinancialPositionClassified)
TableStatement [Table]
Slicers (applies to each fact value in each table cell)
Statement [Line Items]Period [Axis]
2012-06-30
2011-06-30
2010-06-30
ASSETS
 
 
 
Cash and cash equivalents ($8,916 and $23,184)
16,404  
50,598  
59,597  
Restricted cash
638,304  
 
 
Accounts receivable, net of allowances of $- and $9,000 at June 30, 2012 and 2011 ($- and $155,376)
40,942  
219,494  
 
Prepaid expenses and other current assets ($2,000 and $16,053)
2,000  
28,337  
 
Assets related to discontinued operations
 
5,000,000  
 
Total Current Assets
697,650  
 
5,298,429  
 
 
 
Property and Equipment - Net of accumulated depreciation of $5,673 and $1,249 at June 30, 2012 and 2011
65,475  
22,299  
 
Other Assets
 
 
 
Deposits
 
46,525  
 
Deferred stock issuance costs
 
36,000  
 
Customer contracts, net of accumulated amortization of $58,332 at June 30, 2011
 
291,668  
 
Total Other Assets
 
 
374,193  
 
 
 
Total Assets
763,125  
 
5,694,921  
 
 
 
LIABILITIES AND STOCKHOLDERS' DEFICIT
 
 
 
Accounts payable ($158,313 and $185,644)
1,271,890  
1,094,666  
 
Accrued expenses and other current liabilities ($30,848 and $65,958)
216,544  
185,758  
 
Accrued compensation
166,348  
45,000  
 
Accrued income taxes
 
369,816  
 
Notes payable - current, net of discounts of $1,810 at June 30, 2012
133,240  
46,250  
 
Contingent value rights payable
 
3,194,247  
 
Liabilities related to discontinued operations
638,308  
1,045,374  
 
Total Current Liabilities
2,426,330  
 
5,981,111  
 
 
 
Notes payable - long-term, net of discounts of $31,835 at June 30, 2012
118,165  
 
 
Total Liabilities
2,544,495  
 
5,981,111  
 
 
 
Commitments and Contingencies
xsi:nil 
xsi:nil 
 
Stockholders' Deficit
 
 
 
Preferred stock - Series E 5% Convertible; stated value $1,000 per share; 200 and 300 shares issued and outstanding at June 30, 2012 and 2011, respectively (preference in liquidation at June 30, 2012 and 2011 of $216,871 and $303,511, respectively)
200,000  
300,000  
 
Common stock - par value $.001 per share; 495,000,000 shares authorized; 123,578,320 and 120,279,296 shares issued and outstanding at June 30, 2012 and 2011, respectively
123,578  
120,279  
 
Additional paid-in capital
3,573,094  
2,917,952  
 
Accumulated deficit
(5,493,440) 
(3,437,130) 
 
Total stockholders' deficit of AccelPath, Inc.
(1,596,768) 
 
(98,899) 
 
 
 
Non-controlling interest
(184,602) 
(187,291) 
 
Total Stockholders' Deficit
(1,781,370) 
 
(286,190) 
 
(8,237) 
 
Total Liabilities and Stockholders' Deficit
763,125  
 
5,694,921