|
Statement of Operations (USD $)
|
12 Months Ended | 153 Months Ended | |
|---|---|---|---|
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2013
|
|
| Revenues: | |||
| Research | $ 0 | $ 0 | $ 0 |
| Expenses: | |||
| General and administrative | 4,260,363 | 2,713,149 | 34,320,507 |
| Research and development | 3,253,139 | 3,392,896 | 38,531,638 |
| Patent fees | 428,203 | 431,099 | 2,960,307 |
| Depreciation and amortization | 37,133 | 42,386 | 720,056 |
| Total Expenses | 7,978,838 | 6,579,530 | 76,532,508 |
| Loss from Operations | (7,978,838) | (6,579,530) | (76,532,508) |
| Other Income (Expense) | |||
| Realized loss on marketable securities | (13,301) | ||
| Interest income | 49,280 | 21,092 | 1,491,679 |
| Interest expense | (301,147) | ||
| Other income | 56,047 | ||
| Unrealized (loss)/gain on fair value of warrants | (1,365,654) | 663,876 | 2,974,327 |
| Unrealized gain on fair value of put feature on common stock | 2,315,539 | ||
| Financing expense | (204,212) | (332,108) | (1,176,343) |
| Beneficial conversion feature | (1,625,000) | ||
| Total Other Income (Expense) | (1,520,586) | 352,860 | 3,721,801 |
| Loss Before Provision for Income Taxes | (9,499,424) | (6,226,670) | (72,810,707) |
| Provision for Income Taxes | 0 | 0 | 0 |
| Net Loss | $ (9,499,424) | $ (6,226,670) | $ (72,810,707) |
| Net loss per share, basic and diluted | $ (0.07) | $ (0.06) | |
| Weighted average number of shares outstanding, basic and diluted | 128,649,303 | 97,138,233 | |