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EXCEL - IDEA: XBRL DOCUMENT - NEW ENERGY TECHNOLOGIES, INC.Financial_Report.xls
10-K - FORM 10-K - NEW ENERGY TECHNOLOGIES, INC.v329104_10k.htm
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EX-31.1 - EXHIBIT 31.1 - NEW ENERGY TECHNOLOGIES, INC.v329104_ex31-1.htm
EX-32.1 - EXHIBIT 32.1 - NEW ENERGY TECHNOLOGIES, INC.v329104_ex32-1.htm
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v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
Aug. 31, 2012
Aug. 31, 2011
Current assets    
Cash and cash equivalents $ 1,046,918 $ 2,320,185
Deferred research and development costs 32,595 156,279
Deferred offering costs    20,000
Prepaid expenses and other current assets 28,233 49,382
Total current assets 1,107,746 2,545,846
Equipment, net of accumulated depreciation of $5,882 and $463 at August 31, 2012 and 2011 19,966 927
Total assets 1,127,712 2,546,773
Current liabilities    
Accounts payable 63,403 119,868
Accrued liabilities 26,231 161,009
Convertible promissory note, net of discount of $999,485 and $0 at August 31, 2012 and 2011 515   
Total current liabilities 90,149 280,877
Stockholders' equity    
Preferred stock: $0.10 par value; 1,000,000 shares authorized, no shares issued and outstanding at August 31, 2012 and 2011      
Common stock: $0.001 par value; 300,000,000 shares authorized, 20,638,360 shares issued and outstanding at August 31, 2012 and 2011 20,638 20,638
Additional paid-in capital 13,798,282 12,593,184
Deficit accumulated during the development stage (12,781,357) (10,347,926)
Total stockholders' equity 1,037,563 2,265,896
Total liabilities and stockholders' equity $ 1,127,712 $ 2,546,773