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XML - IDEA: XBRL DOCUMENT - IRIS BIOTECHNOLOGIES INCR33.htm
EX-32 - EXHIBIT 32.1 - IRIS BIOTECHNOLOGIES INCirsb11132012exh321.htm
EX-31 - EXHIBIT 31.1 - IRIS BIOTECHNOLOGIES INCirsb11132012exh311.htm
EXCEL - IDEA: XBRL DOCUMENT - IRIS BIOTECHNOLOGIES INCFinancial_Report.xls
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v2.4.0.6
CONDENSED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended 9 Months Ended 163 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Operating expenses:          
Selling, general and administrative $ 102,393 $ 106,863 $ 333,934 $ 336,200 $ 5,026,176
Research and development (Note 1) 53,107 46,144 84,122 125,143 2,155,449
Impairment of intellectual property             1,838,250
Depreciation 3,438 3,970 11,745 11,787 227,589
Total operating expenses 158,938 156,977 429,801 473,130 9,247,464
Loss from operations $ (158,938) $ (156,977) $ (429,801) $ (473,130) $ (9,247,464)
Other income (expense)          
Grant income          209,671 244,480
Loss on settlement of debt             (12,835)
Interest income (expense) (637) (2,844) (699) (8,349) (20,402)
Net loss before provision for income taxes (159,575) (159,821) (430,500) (271,808) (9,036,221)
Income taxes               
Net loss $ (159,575) $ (159,821) $ (430,500) $ (271,808) $ (9,036,221)
Loss per common share-basic and diluted $ (0.01) $ (0.01) $ (0.03) $ (0.02)  
Weighted average number of common shares outstanding-basic and diluted 12,840,138 12,161,608 12,738,040 12,101,863