|
Condensed Consolidated Statements of Comprehensive Loss (Unaudited) (USD $)
|
3 Months Ended | 6 Months Ended | 236 Months Ended | ||
|---|---|---|---|---|---|
|
Jun. 30, 2012
|
Jun. 30, 2011
|
Jun. 30, 2012
|
Jun. 30, 2011
|
Jun. 30, 2012
|
|
| Condensed Consolidated Statements of Comprehensive Loss [Abstract] | |||||
| Revenue | $ 250,000 | $ 500,000 | $ 1,400,000 | ||
| Operating expenses: | |||||
| General and administrative | 418,676 | 571,282 | 865,039 | 1,168,879 | 69,679,927 |
| Research and development | 20,545 | 58,358 | 41,239 | 83,954 | 116,082,837 |
| Purchased in-process research and development | 12,146,544 | ||||
| Operating expenses before accrual reversal | 439,221 | 629,640 | 906,278 | 1,252,833 | 197,909,308 |
| Accrual reversal | (561,196) | (561,196) | (561,195) | ||
| Total operating expenses | 439,221 | 68,444 | 906,278 | 691,637 | 197,348,113 |
| Loss from operations | (189,221) | (68,444) | (406,278) | (691,637) | (195,948,113) |
| Interest expense | (105,716) | (465,258) | (209,113) | (919,009) | (14,698,223) |
| Investment income | 29 | 166 | 277 | 499 | 7,705,281 |
| Other income (expense), net | 905 | (1,473,159) | |||
| Gain on early extinguishment of debt | 6,277,100 | ||||
| Forgiveness of debt | 476,837 | ||||
| Net loss | (294,908) | (533,536) | (614,209) | (1,610,147) | (197,660,277) |
| Preferred stock beneficial conversion feature | (8,062,712) | ||||
| Accrual of preferred stock dividends and modification of warrants held by preferred stock stockholders | (1,229,589) | ||||
| Net loss attributable to common stockholders | (294,908) | (533,536) | (614,209) | (1,610,147) | (206,952,578) |
| Other comprehensive income Net change in unrealized loss on marketable securities | (12,938) | (7,057) | (7,057) | ||
| Comprehensive loss | $ (307,846) | $ (533,536) | $ (621,266) | $ (1,610,147) | $ (206,959,635) |
| Basic and diluted net loss attributable to common stockholders per share | $ (0.01) | $ (0.02) | $ (0.02) | $ (0.06) | |
| Weighted average common shares outstanding | 30,635,720 | 28,302,129 | 30,635,720 | 27,548,076 | |