Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Shareholders' Equity and Comprehensive Income (Loss)

v2.4.0.8
Consolidated Statements of Shareholders' Equity and Comprehensive Income (Loss) (USD $)
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Comprehensive Income (loss)
Accumulated Deficit
Total
Balance, beginning at Aug. 31, 2010 $ 433 $ 67,360 $ 92,341,555 $ (1,580) $ (49,947,769) $ 42,459,999
Balance, beginning shares at Aug. 31, 2010 432,513 20,206,566        
Sale of common stock, less fees and expenses    6,163 5,395,442       5,401,605
Sale of common stock, less fees and expenses, shares   1,848,931        
Issuance of restricted common stock upon conversion of Convertible Debt    6,607 5,345,060       5,351,667
Issuance of restricted common stock upon conversion of Convertible Debt, shares   1,982,099        
Share-based compensation       94,550       94,550
Unrealized loss on investments          (1,323)    (1,323)
Net loss             (6,016,159) (6,016,159)
Comprehensive loss           (6,017,482)
Allocation of net revenues to TPF             
Balance, ending at Aug. 31, 2011 433 80,130 103,176,607 (2,903) (55,963,928) 47,290,339
Balance, ending, shares at Aug. 31, 2011 432,513 24,037,596        
Issuance of restricted common stock upon conversion of Convertible Debt             
Share-based compensation       54,588       54,588
Unrealized loss on investments          1,822    1,822
Net loss             (17,418,661) (17,418,661)
Comprehensive loss           (17,416,839)
Allocation of net revenues to TPF       189,674       189,674
Balance, ending at Aug. 31, 2012 433 80,130 103,420,869 (1,081) (73,382,589) 30,117,762
Balance, ending, shares at Aug. 31, 2012 432,513 24,037,596        
Issuance of restricted common stock upon conversion of Convertible Debt             
Share-based compensation       66,812       66,812
Net loss             (4,150,445) (4,150,445)
Comprehensive loss           (4,149,364)
Allocation of net revenues to TPF             
Reduction in TPF due to remedies under the Arkansas River Agreement       11,737,265       11,737,265
Realized gain on investments          1,081    1,081
Balance, ending at Aug. 31, 2013 $ 433 $ 80,130 $ 115,224,946    $ (77,533,034) $ 37,772,475
Balance, ending, shares at Aug. 31, 2013 432,513 24,037,596