CONSOLIDATED STATEMENTS OF CASH FLOW (USD $)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOW (USD $)	Dec. 31, 2011	Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss)	$ (41,505,616)	$ (1,950,954)
Adjustments to reconcile net (loss) to net cash (used in) operating activities:
Stock issued for services and liability for stock to be issued - common stock	107,310	11,500
Services rendered for promissory note	0	40,000
Stock based compensation	222,318	232,682
Loss on extinguishment of debt	165,395	149,231
Fair value adjustment for derivative liability	39,628,463	121,953
Amortization of debt discount	40,770	170,125
Amortization of computer software development costs	0	64,888
Depreciation	18,661	27,116
Change in assets and liabilities
Decrease in accounts receivable	302,898	381,921
Decrease in prepaid expenses	2,358	0
Increase in accounts payable and accrued expenses	842,470	563,606
Total adjustments	41,330,642	1,763,022
Net cash (used in) operating activities	(174,974)	(187,932)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of fixed assets	(3,938)	0
Increase in computer software development costs	(129,674)	0
Net cash (used in) financing activities	(133,612)	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds received for shares of common stock	68,000	2,000
Proceeds received from note payable - related parties	0	50,600
Proceeds received from note payable, net	(1,868)	24,671
Proceeds received from convertible debenture	0	110,000
Proceeds received from convertible preferred	362,500	(16,500)
Net cash provided by investing activities	428,632	170,771
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	120,046	(17,161)
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD	32,828	49,989
CASH AND CASH EQUIVALENTS - END OF PERIOD	152,874	32,828
SUPPLEMENTAL INFORMATION OF CASH FLOW ACTIVITY
Cash paid during the year for interest	30,879	20,743
Cash paid during the period for income taxes	12,063	0
SUPPLEMENTAL INFORMATION OF NONCASH ACTIVITY
Conversion of accounts payable and accrued expenses for common stock and additional paid in capital	21,082	110,126
Prepayment of interest as common stock and additional paid in capital	4,997	0
Conversion of notes, debentures and associated accrued interest into shares of common stock and additional paid in capital	98,581	0
Issuance of warrants in connection with the convertible preferred issuances	171,962	0
Add'l stock issued for extension of debt (less loss on extinguishment of debt)	40,605	0
Conversion of warrants to common stock	$ 107,126	$ 0

INFERX CORP 10-K