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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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v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended 172 Months Ended
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2012
Income Statement [Abstract]      
Revenue         
Operating expense      
Selling, general and administrative 1,648,086 3,173,558 11,385,992
Research and development 672,443 451,372 2,590,139
Total operating expense 2,320,529 3,624,930 13,976,131
Loss from operations (2,320,529) (3,624,930) (13,976,131)
Other income (expense)      
Interest income       98,582
Interest expense - other (26,231) (1,391) (38,624)
Interest expense - accretion of debt discount (515)    (515)
Loss on disposal of fixed assets       (5,307)
Gain on dissolution of foreign subsidiary       59,704
Foreign exchange loss (55) (1,488) (86,428)
Change in fair value of warrant liability    8,059 2,128,331
Payable written off 156,109    186,109
Total other income (expense) 129,308 5,180 2,341,852
Loss from continuing operations (2,191,221) (3,619,750) (11,634,279)
Loss from discontinued operations (242,210)    (404,307)
Net loss $ (2,433,431) $ (3,619,750) $ (12,038,586)
Basic and Diluted Loss per Common Share:      
Continuing operations $ (0.11) $ (0.18)  
Discontinued operations $ (0.01)     
Total $ (0.12) $ (0.18)  
Weighted average number of common shares outstanding - basic and diluted 20,638,360 20,396,362