v2.4.0.6

Statements of cash flows (USD $)	3 Months Ended
Statements of cash flows (USD $)	Mar. 31, 2012	Mar. 31, 2011
Net loss	$ (1,260,048)	$ (299,524)
Depreciation and amortization	94,582	93,905
Consulting services rendered for convertible note	82,006
Common stock issued for consulting services and prepaid expenses	239,500	14,600
Preferred warrants issued to placement agent	1,293,509
Fair value adjustment on derivative liability	(932,145)
Debts payable Forginess of payables	(43,812)
(Increase) decrease in accounts receivable		(5,184)
(Increase) decrease in inventory	585	92
Decrease in prepaid expenses	122,000
Increase in accounts payable and accrued expenses	(99,384)	169,559
Net cash (used in) operating activities	(503,207)	(26,552)
Patent fees	(14,717)	(9,560)
Net cash (used in) investing activities	(14,717)	(9,560)
Proceeds received from private placement	3,751,891
Advance from related party	1,500
Proceeds(repayment) from notes payable - related parties	(36,025)	37,019
Net cash provided by financing activities	3,717,366	37,019
Net decrease in cash and cash equivalents	3,199,442	907
Cash and cash equivalents, beginning of period	13	18
Cash and cash equivalents, end of period	3,199,455	925
Common stock issued for consulting services		14,600
Conv. of notes payable and acc. interest for common stock and apic		450,000
Deferred financing fees recorded for issuance of warrants	256,762
Issuance of Series D Preferred Stock For Obligation to issue Series D Pref. shares	201,539
Issuance of Series D Preferred Stock in conversion of convertible note	100,000
Common stock issued for prepaid consulting services	$ 660,000

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

PROTEONOMIX, INC. 10-Q/A