Selected Quarterly Data
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
Note 9. Selected Quarterly Data (Unaudited)
The following represents the Company’s unaudited quarterly results for the years ended December 31:
 
 
 
Quarter Ended
 
 
 
2013
 
 
 
March 31
 
June 30
 
September 30
 
December 31
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
102,500
 
$
2,500
 
$
2,500
 
$
2,500
 
Operating loss
 
$
(2,891,780)
 
$
(3,235,602)
 
$
(3,633,986)
 
$
(2,762,573)
 
Net loss
 
$
(3,590,087)
 
$
(6,251,630)
 
$
(6,686,957)
 
$
(3,303,188)
 
Net loss per share - basic and diluted
 
$
(0.05)
 
$
(0.09)
 
$
(0.09)
 
$
(0.04)
 
                                                                                                                                                                                                             
 
 
Quarter Ended
 
 
 
2012
 
 
 
March 31
 
June 30
 
September 30
 
December 31
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
 
$
156,250
 
$
78,125
 
$
170,833
 
$
2,500
 
Operating loss
 
$
(2,463,216)
 
$
(2,383,255)
 
$
(2,583,159)
 
$
(2,726,826)
 
Net loss
 
$
(2,452,781)
 
$
(2,376,381)
 
$
(2,577,391)
 
$
(2,714,964)
 
Net loss per share - basic and diluted
 
$
(0.05)
 
$
(0.04)
 
$
(0.04)
 
$
(0.04)
 
                                                                                                                                                                      
The sum of the quarterly per share amounts does not equal the annual amounts due to changes in the weighted average number of common shares outstanding during the year.