Sonnet BioTherapeutics, Inc. Post-effective amendment to a registration statement that is not immediately effective upon filing

Post-effective amendment to a registration statement that is not immediately effective upon filing

CAPITAL LEASES PAYABLE (Details)

CAPITAL LEASES PAYABLE (Details) (USD $)	Mar. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Total capital leases payable	$ 77,083	$ 88,483	$ 127,443
Current maturities	32,815	27,965	41,590
Capital leases payable, less current maturities	44,268	60,518	85,853
April 2016 [Member]
Total capital leases payable	36,150	38,548	46,149
November 2014 [Member]
Total capital leases payable	15,123	17,183	24,186
May 2013 [Member]
Total capital leases payable	2,993	7,389	23,211
February 2015 [Member]
Total capital leases payable	$ 22,817	$ 25,363	$ 33,897

- Definition

Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal, through the balance sheet date and due to be paid within one year (or one operating cycle, if longer) of the balance sheet date.

+ References + Details

- Definition

Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal, through the balance sheet date and due to be paid more than one year (or one operating cycle, if longer) after the balance sheet date.

+ References + Details