|
Statement of Operations (USD $)
|
3 Months Ended | 9 Months Ended | 150 Months Ended | ||
|---|---|---|---|---|---|
|
Sep. 30, 2013
|
Sep. 30, 2012
|
Sep. 30, 2013
|
Sep. 30, 2012
|
Sep. 30, 2013
|
|
| Revenues: | |||||
| Research | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 |
| Expenses: | |||||
| General and administrative | 932,762 | 600,242 | 3,001,460 | 2,071,008 | 33,061,604 |
| Research and development | 781,281 | 1,066,245 | 2,258,877 | 3,127,201 | 37,537,376 |
| Patent fees | 100,199 | 122,571 | 357,906 | 302,533 | 2,890,010 |
| Depreciation and amortization | 9,645 | 10,721 | 28,196 | 32,163 | 711,119 |
| Total Expenses | 1,823,887 | 1,799,779 | 5,646,439 | 5,532,905 | 74,200,109 |
| Loss from Operations | (1,823,887) | (1,799,779) | (5,646,439) | (5,532,905) | (74,200,109) |
| Other Income (Expense) | |||||
| Realized loss on marketable securities | (13,301) | ||||
| Interest income | 13,293 | 6,641 | 34,744 | 17,184 | 1,477,143 |
| Interest expense | (301,147) | ||||
| Other income | 56,047 | ||||
| Unrealized (loss)/gain on fair value of warrants | (217,751) | (1,195,932) | (1,055,505) | (655,545) | 3,284,476 |
| Unrealized gain on fair value of put feature on common stock | 2,315,539 | ||||
| Financing expense | (112,559) | (112,559) | (1,084,690) | ||
| Beneficial conversion feature | (1,625,000) | ||||
| Total Other Income (Expense) | (317,017) | (1,189,291) | (1,133,320) | (638,361) | 4,109,067 |
| Net Loss Before Provision for Income Taxes | (2,140,904) | (2,989,070) | (6,779,759) | (6,171,266) | (70,091,042) |
| Provision for Income Taxes | 0 | 0 | 0 | 0 | 0 |
| Net Loss | $ (2,140,904) | $ (2,989,070) | $ (6,779,759) | $ (6,171,266) | $ (70,091,042) |
| Net loss per share, basic and diluted | $ (0.02) | $ (0.03) | $ (0.06) | $ (0.06) | |
| Weighted average number of shares outstanding, basic and diluted | 130,466,114 | 95,345,656 | 123,188,044 | 95,345,656 | |