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EXCEL - IDEA: XBRL DOCUMENT - BLUEGATE CORPFinancial_Report.xls
10-K - ANNUAL REPORT ON FORM 10-K - BLUEGATE CORPbgat10k2012.htm
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v2.4.0.6
Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Undesignated preferred stock
Dec. 31, 2011
Undesignated preferred stock
Current assets:        
Cash and cash equivalents $ 3,762 $ 5,937    
Accounts receivable, net 3,233 2,568    
Prepaid expenses and other 10,435 6,587    
Total current assets 17,430 15,092    
Current liabilities:        
Accounts payable 12,435 11,318    
Accounts payable to related party 519,241 320,664    
Accrued liabilities 20,837 30,212    
Note payable to related party 1,245,000 1,200,000    
Accrued liabilities to related parties 438,051 134,241    
Deferred revenue 7,813 16,207    
Total current liabilities 2,243,377 1,712,642    
Commitments and contingencies          
Stockholders' deficit:        
Preferred stock            
Common stock, $.001 par value, 50,000,000 shares authorized, 46,033,565 shares issued and outstanding at December 31, 2012 and 2011, respectively 46,034 46,034    
Additional paid-in capital 22,400,286 22,400,286    
Accumulated deficit (24,672,267) (24,143,870)    
Total stockholders' deficit (2,225,947) (1,697,550)    
Total liabilities and stockholders' deficit $ 17,430 $ 15,092